Correct Craft said the 2017 model year was the best year in its 92-year history.
Correct Craft said its strategy resulted in each of its companies experiencing above-market growth. Overall revenue growth for the 2017 model year was nearly 30 percent.
The company expects the growth to continue in model year 2018, with sales expected to be upwards of $450 million.
Every Correct Craft company not only experienced growth in both sales and profitability, but also undertook significant improvement initiatives.
“I am incredibly proud of our team and both the growth and continuous improvement we are seeing at Correct Craft and each of our companies,” Correct Craft CEO Bill Yeargin said in a statement.
“I am equally proud of the ‘Making Life Better’ culture we have built at Correct Craft and our companies,” Yeargin added. “Our team has fully embraced our culture of using our resources to not only build the world’s best boats and engines, but also to help people in our company, our communities and around the world. We have a very unique company and I am proud to be part of it.”
During the 2017 model year Correct Craft acquired Bryant Boats to round out its portfolio of boating manufacturers.
Additionally, employees from Correct Craft companies participated in numerous service projects in their local communities and internationally, including trips to the Dominican Republic and Haiti.