A: I think that people are going to gravitate to things that look nice at boat shows, but I also think our boats, by design, tend to age more gracefully. Along with Steves son Stevie, and daughters Sherrie and Stephanie, who also have key roles in the business, Scout employs nearly 450 dedicated employees today (with plans to hire an additional 100+ employees over the next 12 months) across an expanded multi-building campus as their headquarters. The fact is that we as boatbuilders cant expect consumers to think like we think. But for it to do all the things we wanted it to do, we couldnt have a conventional build. We worked with an Italian company that helped us design the interior. Q: How is your work force projected to grow? As a boatbuilder, theres a difference. In the front of the center console, youd have these two opposing seats that were so uncomfortable to ride in. Maybe thats where they want to be, rather than a runabout or cruiser or some other type of boat. Scout Boats was founded in 1989 by Steve Potts, who to this day, continues to maintain his presence on the shop floor working on Scout models. It started with sweeping the floor to grinding molds outside a lot of the nasty work, but I certainly appreciated a job. Headquartered in Summerville, South Carolina, the company constructs high-performance luxury center console boats as well as sportfishing boats and bay boats. The 300 LXF was showcased at this year's Fort Lauderdale show. Our main building is approximately 180,000 square feet. The survey asks dealers about strategies to improve customer engagement and how much of their business is parts and accessories. Famous for her roles in "Ghostbusters" in 1984, "Pretty in Pink" in 1986, "Jumpin' Jack Flash" in 1986, "Who's Harry Crumb?" in 1989 and "Ghostbusters II" in 1989. The Cove at Atlantis: Absolut Elyx Event Weekend, Symphony At Sea: A Glimpse Into LVMH CEOs $150 Million Superyacht, Scout produces the most innovative, best looking, highest performing and most fuel efficient models in its class. With the smaller boats, everythings very structured, and we do some customization mainly at the end of the line. Potts Sr.: In March and early April, everybody was scared to death there was going to be serious headwinds like in 2008. We have always been a family owned-and-operated company, and Im proud to say our Scout family is comprised of both blood and non-blood individuals., Ive always seen myself as a visionary, and my role as CEO will allow me to focus much more on that aspect, but in no way does it take me away from Scout, add Potts. Length 7.44 m 10 Passengers. Apart from this, being the co-founder and CMO of a company, Gupta naturally has a profit share as well as a fixed salary that helps his net worth of Rs 10,500 grow bigger by the year. Theres also an optional SeaKeeper gyro stabilizer, flybridge, articulating rocket launchers that work in conjunction with the retractable SureShade, and a 5-N-1 second row seating configuration that won a marine industry innovation award. Those designs are very versatile. From that point forward, even to this day, our challenge has really been to manage [the growth of] a business with people and training and hiring, the facility and new designs, so it was a different kind of challenge, but a challenge nonetheless. Theyve even created a series of short videos that bring you into the facility and show you exactly how the boats are made differently, and made better. A: Today were right at 850 a year. Meet Ferrari & Ri, Say hello to the fastest electric jet ski ever mad, @dolcegabbana turns interior design into a way of, Skip the traffic with these private performance he, Swipe to see a private jet accessory that took 1,0, Electric vehicles are very popular by demand. I didnt know any way to go about it other than the old-fashioned way, which was to do side jobs, work and put as much money away as I possibly could. Length 7.77 m. Scout 275. I think thats what consumers want today. Bill Springer September 4, 2018. For more info contact Gary Hall at (716) 876-5944 Visit the Scout Boats Website Bathrooms & Showers Free Pump out Facility 35 Ton Travel Lift Winter Storage Shrink Wrapping Fiberglass Repair Canvas Repair Detailing Service Electronics Installation But dont let that fool you into thinking that theyre not up to par with other boats on the market. Ultimately, only you can decide whether or not Scout is the right brand for you but we hope that this overview has given you some food for thought! Q: With all Scouts growth, how has production changed? So two-thirds of that investment is dedicated to Plant C and the other third is for improvements not only on the site, but also in some of the existing factory. Q: And that plant will cost $2.5 million? Scout Boats, Inc. warrants to the Original Purchaser that the hull and deck of the boat will be free from manufacturing defects for a period of FIVE (5) YEARS from the date of purchase by the Original Purchaser.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'boatingbuddy_com-large-leaderboard-2','ezslot_8',109,'0','0'])};__ez_fad_position('div-gpt-ad-boatingbuddy_com-large-leaderboard-2-0'); Yamahas Scout Boat is a versatile watercraft thats perfect for both fishing and recreation. Steve Potts has been working as a Owner at Scout Boats for 34 years. And then Hurricane Hugo hit, on the 22nd of September 1989. Were going to continue to build a very diverse model mix. The salon is bright and airy, thanks to large windows and skylights.The galley is well-equipped, and theres plenty of storage throughout the boat. SCOUT BOATS, INC. Scout Boats are manufactured in South Carolina, USA. If its a young couple out of school just starting their careers and their budget means theyre going to be able to get a 17-foot boat, as long as were doing our job we want to be there for them. But people wanted to live for the moment. Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. He and his wife, Dianne, founded Scout in 1989, setting up shop in a small brick barn. Bid. You take the whole room thats completely done and drop it into the liner, drop the console on top, and tap it all together. Timeless styling, sleek aesthetics and technology are three main pillars of this flagship. Scout Boats is the leading independent boat manufacturer in the recreational marine industry. Youll have more flavors as far as options. Our competition would say, You want to get blood and guts all over that nice interior? But if you look at it today, its more the norm and not the exception. $1 Million - $5 Million. A: With some models, as much as six months. At the end of the day, being a business thats very labor-intensive, its about how well we deal with human behavior. What came out of that single-minded pursuit is the 530 LXF, rated to handle 2,700 horses, with a projected top speed of over 65 knots. Potts Sr.: Ive always felt like every boat, every model we design, has to have some feature or function that didnt exist in the marketplace. We were able to get some things going again, and then ironically, Dec. 22, 1989, the coast of South Carolina had the biggest snowstorm its ever had. Preparing Steve's profile View Steve's Email & Phone (It's . I think there is market share for us to gain. Potts Jr.: At the time I came up with that, we were doing the 42 with the side doors. Everything we put into them has really paid off. "The creation of 200 more jobs in the Lowcountry and the release of one of the largest fiberglass center console boats in the world is a significant milestone for Scout Boats and South Carolina." Scout currently builds luxury sportfishing center consoles, dual consoles, luxury crossover, and inshore/bay boat models ranging from 17' to 53 . Scout has revolutionized the coastal fish boat market. Are you expanding your current footprint or adding buildings? A World-Class Organization from Humble Beginnings Scout's owner, founder and president Steve Potts, has been working in the boat-building industry since he was 14. A $40 million yacht belonging to Secretary of Education Betsy DeVos was untied from its mooring at a Lake Huron marina, police said. We meet every month. SCOUT BOATS, INC. is a North Carolina Foreign Business Corporation filed on January 12, 2010. Youll find a two burner glass stove cooktop, microwave, flush mount 32 flat screen TV, DVD player, galley sink, drawer refrigerator, enclosed shower area with sump and an enclosed head area with a full size toilet and sink with hot and cold water. Steve and his wife Dianne had a dream of starting a boat company. Steve's passion for boatbuilding . The Connecticut Marine Trades Association will accept nominees for the Jeanne Czel Person of the Year Award until March 15. Want to know when we have important news, updates or interviews? Scout Boats, Inc. manufactures, markets, and designs fishing and family fun boats. I had worked and struggled too long not to continue on. Hurricane Hugo leveled the barn, and son Stevie, only 12 at the time, helped his parents salvage what they could. In 1989, Potts and his wife, Dianne, took a leap of faith and started Scout Boats with their $50,000 savings. It isnt like flipping a switch or youre just going to build bigger molds and bigger fiberglass pieces.Thats probably going to limit the number of people getting into it. Everything we do has its signature appeal to it as far as being a departure from the norm. From humble beginnings and throughout our nearly 25 years, we've built upon our growing heritage. Weve added glass panels and actually had that patented. Scout Boats are made in Charleston, South Carolina. At 7 knots (8mph) @ 1500rpm the Yamaha F300s consume a . When companies start calling boats units, I think they lose a little touch of what were all about. They are well-crafted and offer features that many other brands simply dont. We congratulate them on their $2.5 million investment and 300 new jobs." -Gov. We have been on the front edge of that, and early on it was a bit difficult to get people to warm up to it. Copyright 2023 Boating Industry It was in research and development for three years prior to its debut, getting outfitted with numerous state-of-the-art innovations and amenities. We will not vacate the small boats, just because we have always had the philosophy that we want to keep people in our brand. Scout Boats are manufactured in a state-of-the-art facility in Summerville, South Carolina. Have you been able to keep up with demand and what kind of backlogs do you have? So we started out with a little 14- and 15-foot design that was sort of a derivative from the mid- to late-60s, when I worked for a little local dealership that built a boat called Scout. Shes outfitted with quad engine configurations, while achieving top end speeds in the 70s. Theres a lot of big-boat-itis out there. A younger Potts races an early-model Scout back in the day. He withdrew from the project. Scout added a $13 million expansion to their yard outside of Charleston to accommodate the popular new model's twin-stepped, carbon-epoxy hull design, with plans to build one 530 a month once production is in . Scout is a debt-free company. The reason we have segregated those two boats we have separate stockrooms, separate management, separate offices, separate everything is because the methodology in building the small boats versus the large boats is different. I think brands and companies have come and gone [due to] the lack of having a succession plan. So much so that Scout has introduced more than 25 new models in the previous six years alone. I wanted to work shoulder to shoulder with pretty much everyone on the plant floor. We are very conscious of making sure that we maintain quality and efficiency. On deck, the Scout 42 has wide side decks for easy movement around the boat. We know you have a choice. This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. We dont get snow in Charleston, but I think where we were there was 10 inches of accumulation, which is unheard of. Its evolved over the years from handlaid, going to some infusion, and with the bigger boats we started to use more epoxies. Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. Scout Boats is one of the few remaining family-owned designers and manufacturers of high-end, luxury fishing boats in the 17 - 53 range. We don't have much information about He's past relationship and any previous engaged. The Volvo Penta parent posted FY22 sales of $45.2 billion, with the marine segment delivering 17,924 engine units. All these T-tops had always been made out of round tubing and straight sticks, and we put curve in our T-tops. Your email address will not be published. A: My feeling is, from around 2002 and 2003 and leading up to the recession, a lot of companies, a lot of brands were bought and sold, whether it was through a venture capital group or through merging and getting acquired from other companies. . . This Policy will be referenced by all such mobile applications or mobile optimized websites. Owner @ Scout Boats Inc. 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. With the advancements of the materials that are being used, and with all the things the coastal fishing boat market is doing to build a better product, I think people are gravitating toward that. I think the coastal fishing segment is the SUV and pickup trucks of the boating world. 171 Church Street Suite 330, Charleston, SC 29401 / EIN: 85-2708790 Contact: info@thelensfoundation.com / 973-738-2888 I always had fond memories of building that little fishing boat, so I felt like I wanted to carry that on. We had the business going from February 1989 and had a handful of dealers seven or eight in the Carolinas. Wood-free construction, 100% hand laid fiberglass, finished lids and hatches, attention to every detail and process from the upholstery fabric to how the boot stripe is painted. Get introduced. Potts Sr.: That goes along with what I call the wow factor. Epoxy is a different animal in that its got to be post-cured. LIKE FATHER, LIKE SON: Stevie Potts was That approach enabled Scout to enter the Great Recession debt-free. Theres a specification for each build that is unique to that build. In 1977, he moved the operation to Charleston, South Carolina, where it remains today.Over the years, Scout Boats has grown into one of the leading manufacturers of center console fishing boats in the world. Please check your email for the latest full issue link. The SeaQuest, a 164-foot luxury yacht, registered under a . Q: Scout has taken the functionality of a sportfishing boat and combined it with luxuries and comforts. Over 400 hours were put into testing the epoxy-infused double stepped hull developed for this model. The boat is powered by Yamahas reliable outboard engines, and it comes complete with all the necessary safety equipment. So I did. A: Its always been our motto here in R&D to create something that doesnt exist. So if youre in the market for a new boat, be sure to check out what Scout has to offer! The company's filing status is listed as Current-Active and its File Number is 1131297. The South Carolina native and father of three says he has always taken a conservative approach to business. 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To enter the Great Recession debt-free for 34 years accept nominees for the latest full issue link timeless steve potts scout boats net worth! Is that we maintain quality and efficiency projected to grow scared to death there was going continue. Work, but I certainly appreciated a job was scared to death there was going to some infusion, with! All Rights Reserved, Annual Branded-Content Special Advertising Sections wow factor styling, sleek aesthetics and technology are main. They are well-crafted and offer features that many other brands simply dont investment 300...
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steve potts scout boats net worth
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