An heir to the Rybovich boatbuilding legacy has left his family's namesake company - now owned by the Huizenga family - and is striking out on his own.
Michael Rybovich, a third-generation boatbuilder, has bought E&H Boat Works in Palm Beach Gardens, Fla., for an undisclosed price and plans to turn it into a boatbuilding, maintenance, modification and repair facility called Michael Rybovich & Sons, The Palm Beach Post reported.
Rybovich said his son, Dusty, who has degrees in naval architecture and marine engineering, will join the company and become the fourth generation of boatbuilding Ryboviches.
The Rybovich name long has been an icon in the sportfishing industry. Founder John "Pop" Rybovich Sr. and sons Emil, John and Tommy built Rybovich & Sons to be what some called the Rolls-Royce of the boat industry.
The family sold the company in 1975 and it changed hands a few times until Wayne Huizenga Jr. bought it in 2004.
Huizenga brought Michael Rybovich back to run its boatbuilding operations Rybovich said he parted ways with Huizenga on amicable terms in June and shortly thereafter created Michael Rybovich & Sons, the newspaper said.