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    by Published on 10-30-2014 02:24 PM  Number of Views: 1132 

    As promised, I took some time to check in with Bill Yeargin about the recent acquisition of Pleasurecraft Engine Group by Correct Craft, as well as the other recent happenings within Correct Craft and its companies. It is always interesting to hear Bill's thoughts! Thanks, Bill, for taking the time to answer these questions.

    PN: Wow, this is some exciting news! Two major players in the watersports industry coming together like this can only be good for both companies. You mentioned in your recent blog about this acquisition that Correct Craft and PCM had been in discussions about this for a long time. Why is now the right time for this to happen?

    BY: Jeff, from a big picture view we have been looking for potential Correct Craft acquisitions for a while. We had a little trouble finding the right deal so a couple years ago we decided to focus on the cable business and formed Aktion Parks. Aktion acquired Orlando Watersports Complex (OWC) and will soon be opening Miami Watersports Complex (MWC). While we are committed to building Aktion we also want to look for non-cable deals.

    PCM and Crusader are exactly the type of companies we want to acquire; great products, great service, great culture and great people. We had been discussing it for years but this summer I was with Chuck Thurman (President of PCM and Crusader) and Paul Fletcher (previous owner of PCM and Crusader) and we decided the time was right.

    As it relates to why now I want to give a lot of credit to the previous owner of PCM and Crusader ...
    by Published on 10-24-2014 11:39 PM

    Official Nautique Press Release
    ORLANDO, FLA (October 24, 2014) — Nautique is pleased to announce that the return of the U.S. Open of Water Skiing will be viewable via live webcast on Saturday October 25th starting at 10:30AM EST.

    The U.S. Open finals is a world-class, three event water ski competition and cultural festival featuring live music from Jake Miller at Gaston Edwards Park in Orlando, Florida. This event is pulled exclusively by the world record breaking Ski Nautique 200 and features the world’s top athletes such as Nate Smith and Erika Lang. Tune in to the live webcast from the comfort of your own home through your laptop, tablet or mobile phone at http://nautique.com/usopen.

    Nautique President/CEO Bill Yeargin stated, “We are excited to not only bring back the U.S. Open of Water Skiing to Orlando but also make it accessible for watersports enthusiast around the world to watch.” Yeargin also added, “Bring the family out and join our team for a fun filled day of skiing, contests, live music and much more.
    by Published on 10-23-2014 01:40 PM

    Official Nautique Press Release
    ORLANDO, FLA (October 23, 2014) — The Nautique team was recently honored with a visit from Bubba Watson, professional golfer, avid wakesurfer and longtime Nautique owner.

    During Watson’s visit to Nautique, he and his wife Angie met with Nautique CEO Bill Yeargin, toured the Nautique factory tour and, most importantly, took time to speak to the Nautique team at an employee luncheon.

    After the employee lunch the Watsons spent some time on the lake with Team Nautique rider Danny Harf wakesurfing behind their new Super Air Nautique G23.

    “It was an exciting day to have a visit from a Nautique customer like Bubba Watson. Our entire team was excited to meet Bubba, show him our factory and hear his story,” stated Nautique President/CEO Bill Yeargin. “Our team is thrilled to regularly have high profile speakers like Bubba Watson be willing to meet and spend time with us. And, we appreciate Bubba’s loyalty to Nautique,” added Yeargin.

    by Published on 10-22-2014 12:36 PM

    Official Nautique Press Release
    ORLANDO, FLA (October 22, 2014) — Over the past few days, Team Nautique athletes, dealers, and employees traveled from Orlando, Florida, to El Salvador and served as part of the Nautique Cares initiative.

    Twenty Nautique athletes, dealers and employees took part in a service trip to El Salvador from October 18 – October 21. The group served by building a school library in the shape of a boat at a rural mountain school for nearly 400 students. The team also had the opportunity to interact with students at the school where they passed out supplies and played soccer with the children. In addition to their work at the school, Team Nautique distributed food to over four hundred needy families in rural mountain communities and provided a water filtration system that will supply the communities up to one million gallons of fresh water.

    This is the seventh year of service trips for Nautique and each year they continue to grow and provide the Nautique family an opportunity to serve others who need our help. During this time Nautique employees have taken service trips to El Salvador, Mexico, India, Uganda, Kenya, Ethiopia, Dominican Republic, Nicaragua, Guatemala, and the Apache Reservation in Arizona.

    “Our athletes have served our local community through Nautique Cares initiatives for Give Kids the World and Habitat for Humanity but this was the first time we have taken our athletes or dealers on an international service trip” stated Nautique President/CEO Bill Yeargin. “Our athletes, employees and dealers were all excited to serve; we are all thrilled to be part of a team that wants to not only build the world’s best boats but also use our resources to help others,” added Yeargin.

    by Published on 10-20-2014 08:51 AM

    Official Correct Craft Press Release
    ORLANDO, FL (October 20, 2014) Today Correct Craft announced it has acquired the companies who manufacture both PCM Marine Engines and Crusader Engines. The acquisition became effective on October, 16, 2014.

    Correct Craft, the owner of both Nautique Boat Company and Aktion Parks, now owns 100% of both PCM Marine Engines and Crusader Engines. Correct Craft announced it has no plans to change either the management or the location of the engine companies.

    PCM, manufacturer of the world’s best engines, has been in business for nearly forty years providing outstanding engines and service all over the world from its headquarters in Little Mountain, South Carolina. PCM is known for premier product, unsurpassed quality, leading innovation and exceptional service.

    Crusader Engines, also manufactured in Little Mountain, South Carolina, is highly regarded as a premier manufacturer of engines used in salt water. This past year Crusader expanded their product offering with its outstanding new “Challenger” series of inboard towsport engines.

    Correct Craft’s President and CEO Bill Yeargin stated, "PCM and Crusader are two of the top engine manufacturers in the world and we could not be happier to have them as part of the Correct Craft family.” “I look forward to working with the outstanding PCM and Crusader teams as together we look for opportunities to make their excellent products, service and brands even better. The future of both brands is bright!” Yeargin added.

    To read more about this acquisition in Bill Yeargin’s CEO blog please click HERE.

    by Published on 10-16-2014 04:21 PM

    Official Nautique Press Release
    ORLANDO, FLA (October 16, 2014) — Today Nautique Boats and the International Waterski and Wakeboard Federation (IWWF) announced that Nautique has been selected to be the exclusive boat of the 2016-2019 water ski world championships.

    The IWWF, based in Switzerland, sanctions water ski world championship events which are held all over the globe. The events include the World Water Ski Championships, World Junior Championships, World Under 21 Championships, World Over 35 Championships, World University Championships and World Disabled Championships.

    The boat selected for the world championships is the world record setting Ski Nautique. The Ski Nautique has established itself as the premier water ski boat in the industry. Since its introduction just a few years ago the Ski Nautique 200 has pulled seventeen water ski world records; no other boat is close.

    “As I have traveled the world for Nautique visiting ski schools, training centers, federations, and water skiers everywhere the most common request I receive, in nearly every country, is to use the Ski Nautique in the world championships,” stated Nautique President and CEO Bill Yeargin. “Our Nautique team, and water skiers all around the world, are thrilled for the Ski Nautique to be selected as the exclusive and official boat of the water ski world championships,” Yeargin added.

    To read Bill Yeargin’s Nautique Insider blog related to the Ski Nautique being selected as the official boat of the water ski world championships please click HERE.

    by Published on 10-03-2014 06:31 PM

    Official Nautique Press Release
    ORLANDO, FLA (October 3, 2014) — Today Nautique hosted students from Central Florida High Schools as part of National Manufacturing Day. National Manufacturing Day is celebrated throughout the United States with events hosted by numerous manufacturing companies with a primary goal of sharing manufacturing career opportunities with students.

    Nautique partnered on this event with several local manufacturing organizations including the Manufacturers Association of Florida. The team from Nautique spent the day interacting with the students and giving them an in-depth tour of the Nautique manufacturing facility. After the tour Nautique provided lunch for the students and facilitated engaging simulation exercises so they could apply their learning’s.

    “Our Nautique team was thrilled to host local students at our world-class factory for National Manufacturing Day,” stated Nautique President/CEO Bill Yeargin. “These students are the future of our country and we are happy to share the many opportunities they can have through manufacturing careers,” Yeargin added.

    To read President/CEO Bill Yeargin’s Nautique Insider blog regarding Nautique hosting local students for National Manufacturing Day, please visit http://www.nautique.com.

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