CORRECT CRAFT - For Sale

Company History

Correct Craft, a renowned name in the boating industry, was founded in 1925 by Walter C. Meloon in Pine Castle, Florida. The company began as the Florida Variety Boat Company, focusing on building high-quality boats that catered to the needs of the local market. Over the years, Correct Craft has evolved significantly, becoming a leader in the design and manufacture of high-performance boats, particularly in the watersports segment. The company gained significant recognition in the 1960s and 1970s with the introduction of the Ski Nautique, a boat that set new standards in the waterskiing world. Correct Craft's commitment to innovation and quality has been a driving force behind its success, leading to numerous industry accolades and a loyal customer base.

Country of Origin

Correct Craft was founded in the United States, specifically in the state of Florida. The company's roots are deeply embedded in the American boating culture, and it has played a significant role in shaping the watersports industry in the country.

Manufacturing Locations

Correct Craft's main manufacturing facilities are located in Orlando, Florida. The company has invested heavily in state-of-the-art production facilities to ensure the highest standards of quality and efficiency. These facilities are equipped with advanced technology and staffed by skilled craftsmen who are dedicated to producing boats that meet the rigorous demands of watersports enthusiasts.

Ownership and Management

Correct Craft is a privately held company, and its ownership has remained within the Meloon family for several generations. The company is currently led by Bill Yeargin, who serves as the President and CEO. Under his leadership, Correct Craft has continued to expand its product offerings and strengthen its position in the global boating market. The management team at Correct Craft is committed to maintaining the company's legacy of innovation and excellence while exploring new opportunities for growth.

Reputation and Quality

Correct Craft is widely regarded as a pioneer in the boating industry, particularly in the realm of watersports. The company's boats are known for their exceptional performance, durability, and innovative features. Correct Craft has received numerous awards and accolades over the years, including recognition for its contributions to the development of waterskiing and wakeboarding. The brand's commitment to quality is evident in every aspect of its operations, from design and engineering to manufacturing and customer service. Correct Craft's reputation for excellence has earned it a loyal following among watersports enthusiasts and professionals worldwide.

Main Competitors

Correct Craft operates in a highly competitive market, with several key players vying for dominance in the watersports and recreational boating industry. Some of the main competitors of Correct Craft include:

1. MasterCraft Boat Holdings, Inc.: Known for its high-performance boats, MasterCraft is a significant competitor in the watersports segment. The company has a strong reputation for innovation and quality, similar to Correct Craft.

2. Malibu Boats, Inc.: Malibu Boats is another major player in the industry, offering a range of boats designed for waterskiing, wakeboarding, and other recreational activities. The company is known for its cutting-edge technology and stylish designs.

3. Brunswick Corporation: As a large conglomerate with multiple brands under its umbrella, Brunswick Corporation competes with Correct Craft through its Sea Ray and Bayliner brands, among others. These brands offer a wide range of boats catering to different segments of the market.

4. Tige Boats, Inc.: Tige Boats is recognized for its innovative designs and commitment to quality, making it a formidable competitor in the watersports boat market.

5. Axis Wake Research: A subsidiary of Malibu Boats, Axis Wake Research focuses on producing high-quality wakeboarding and wakesurfing boats, directly competing with Correct Craft's offerings.

Current Production Status

Correct Craft is actively engaged in the production of its renowned boats, with operations running smoothly at its manufacturing facilities in Orlando, Florida. The company continues to innovate and expand its product line to meet the evolving demands of the watersports and recreational boating market. Correct Craft's commitment to quality and performance ensures that its production processes are efficient and capable of delivering boats that meet the highest standards.

Production Volumes

While specific production volumes for Correct Craft are not publicly disclosed, the company is known for its significant output in the watersports boat segment. Correct Craft's production capabilities are supported by its state-of-the-art manufacturing facilities and a skilled workforce dedicated to maintaining the brand's reputation for excellence. The company's focus on quality over quantity ensures that each boat produced meets the rigorous standards expected by its customers.

Latest News

Correct Craft is continually making headlines with its innovative products and strategic initiatives. Some of the latest significant events and news related to the company include:

• Expansion of Product Line: Correct Craft has been actively expanding its product offerings to include new models and features that cater to the diverse needs of watersports enthusiasts. This expansion is part of the company's strategy to maintain its competitive edge in the market.

• Sustainability Initiatives: Correct Craft is committed to environmental sustainability and has implemented several initiatives to reduce its carbon footprint. The company is exploring the use of eco-friendly materials and production processes to minimize its impact on the environment.

• Partnerships and Collaborations: Correct Craft has entered into strategic partnerships and collaborations with other industry leaders to enhance its product offerings and expand its market reach. These partnerships are aimed at leveraging the strengths of each company to deliver innovative solutions to customers.

• Awards and Recognition: Correct Craft continues to receive accolades for its contributions to the boating industry. The company's commitment to quality and innovation has earned it numerous awards, further solidifying its position as a leader in the market.

Correct Craft's ongoing efforts to innovate and adapt to changing market conditions ensure that it remains at the forefront of the watersports and recreational boating industry.

Frequently Asked Questions

Question:What is the history of Correct Craft?
Answer:Correct Craft was founded in 1925 by Walter C. Meloon in Pine Castle, Florida. Initially named the Florida Variety Boat Company, it has grown to become a leader in the watersports boat industry, known for its innovative designs and high-quality craftsmanship.

Question:Where are Correct Craft boats manufactured?
Answer:Correct Craft's primary manufacturing facilities are located in Orlando, Florida. These state-of-the-art facilities are equipped with advanced technology to ensure the production of high-performance boats.

Question:What types of boats does Correct Craft specialize in?
Answer:Correct Craft specializes in high-performance boats designed for watersports such as waterskiing, wakeboarding, and wakesurfing. The company is renowned for its Ski Nautique and other models that set industry standards.

Question:How does Correct Craft ensure the quality of its boats?
Answer:Correct Craft maintains rigorous quality control processes throughout its manufacturing operations. The company employs skilled craftsmen and utilizes advanced technology to ensure each boat meets the highest standards of performance and durability.

Question:What are some of the awards Correct Craft has received?
Answer:Correct Craft has received numerous awards for its contributions to the boating industry, including recognition for innovation, design, and quality. These accolades reflect the company's commitment to excellence and its leadership in the market.

Available Models

Correct Craft offers a range of models designed to meet the diverse needs of watersports enthusiasts. Some of the key models include:

1. Ski Nautique

   • Length:Approximately 20-23 feet
   • Number of Cabins:Open bow design, no cabins
   • Maximum Speed:Varies by model, typically high-performance
   • Engine Type:Inboard engines, often featuring advanced technology for optimal performance

2. Super Air Nautique G23

   • Length:23 feet
   • Number of Cabins:Open bow design, no cabins
   • Maximum Speed:Designed for high-performance watersports
   • Engine Type:Inboard engines with options for enhanced power and efficiency

3. Nautique 200

   • Length:20 feet
   • Number of Cabins:Open bow design, no cabins
   • Maximum Speed:Optimized for waterskiing and wakeboarding
   • Engine Type:Inboard engines, engineered for precision and control

4. Super Air Nautique GS22

   • Length:22 feet
   • Number of Cabins:Open bow design, no cabins
   • Maximum Speed:High-performance capabilities for various watersports
   • Engine Type:Inboard engines, designed for versatility and power

Correct Craft's models are known for their innovative features, including advanced hull designs, customizable options, and cutting-edge technology that enhance the boating experience. Each model is crafted with attention to detail, ensuring that it meets the specific needs of watersports enthusiasts while maintaining the brand's reputation for quality and performance.