Knowledge (XXG)

Pearson Yachts

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to meet the demand, the cousins made Pearson Yachts public in April 1959. Upon returning to Rhode Island, the cousins purchased the old Herreshoff Yard as an additional production site. Pearson Yachts introduced a number of new models, most of which were also designed by Carl Alberg. By the end of the year, the newly founded Pearson Yachts had over one hundred employees and was turning out nearly one boat per day. This rapid corporate expansion led to cash flow problems. They attempted to get approval for an additional stock offering to raise much needed capital, but were unsuccessful.
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In 1959, the Triton 28 was launched at the New York Boat Show. The cousins had to borrow money to pay for the transport of the boat from their garage to the show. The boat proved to be a hit, and the cousins had deposits for 17 orders by the end of the show. To raise the capital to acquire facilities
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In 1961, Grumman Allied Industries purchased a controlling interest in Pearson Yachts. The Pearson cousins left the company in the 1960s, and Bill Shaw became the chief designer. One of Shaw's most notable designs is the flush decked Pearson 40, introduced in 1977.
274:. The fiberglass material and their methods of construction was brand new and untested. However, Tom Potter from American Boat Building approached the Pearsons with a project to build an auxiliary sailboat that would sell for under $ 10,000. Naval architect 248:
sailboat manufacturers, they grew rapidly during the 60s and 70s, while also developing and designing new boats. However, the company changed ownership throughout the 1980s, after which the company filed for bankruptcy, and was eventually sold to
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was given the task of designing the boat. The result was the Triton 28 sailing auxiliary. The first boat was built in the cousins' garage, in time for the 1959 New York Boat Show.
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Pearson filed for bankruptcy in 1991. At that time TPI Composites, formerly known as Tillotson-Pearson, purchased the rights to the Pearson Yachts brand name.
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was a sailboat manufacturer founded by Everett Pearson and Clinton Pearson in 1956. One of the first
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Allied Industries in 1991. The rights to the name are now held by the Pearson Marine Group.
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In 1955, cousins Clinton and Everett Pearson began building fiberglass
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Chip Lawson (September 2001), "Classic Plastic: Smooth Operator",
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Retrieved 745: 741: 585:Pearson 39-2 550:Pearson 37-2 525:Pearson 36-2 505:Pearson 34-2 490:Pearson 33-2 460:Pearson 31-2 420:Pearson 28-2 375:Pearson Lark 325:Pearson Hawk 298: 294: 285: 282:Going public 265: 241: 240: 191:William Shaw 141:Headquarters 133:USWatercraft 66:Rhode Island 34:Company type 705:Carl Alberg 625:Pearson 530 610:Pearson 424 605:Pearson 422 600:Pearson 419 575:Pearson 390 570:Pearson 386 565:Pearson 385 540:Pearson 365 495:Pearson 10M 475:Pearson 323 450:Pearson 303 440:Pearson 300 370:Pearson 23C 276:Carl Alberg 236:Pearson 323 226:Pearson 424 186:Carl Alberg 159:Area served 716:References 658:Freedom 28 653:Freedom 25 648:Freedom 21 590:Pearson 40 580:Pearson 39 555:Pearson 38 545:Pearson 37 520:Pearson 36 510:Pearson 35 500:Pearson 34 485:Pearson 33 465:Pearson 32 455:Pearson 31 445:Pearson 30 415:Pearson 28 400:Pearson 27 395:Pearson 26 380:Pearson 24 365:Pearson 23 350:Pearson 22 312:Pearson 26 246:fiberglass 178:Key people 146:Portsmouth 118:bankruptcy 42:Subsidiary 827:sailboats 615:Rhodes 43 595:Rhodes 41 515:Alberg 35 204:Sailboats 124:Successor 1113:Category 876:Wanderer 871:Vanguard 861:Renegade 699:See also 268:dinghies 262:Founding 200:Products 116:Sold in 48:Industry 40:; later 1098:Navy 44 1000:designs 846:Electra 257:History 251:Grumman 103: ( 98:Defunct 81:Founder 70: ( 62:Bristol 58:Founded 866:Triton 851:Ensign 752:3 June 211:Parent 1062:39 PH 841:Ariel 937:28-2 856:Lark 754:2018 688:J/92 683:J/35 678:J/32 113:Fate 105:1991 101:1991 72:1956 947:303 907:23C 748:(6) 1115:: 1072:45 1067:42 1057:39 1052:38 1042:36 1037:35 1032:30 1022:28 1017:25 1012:24 1007:21 988:30 983:28 978:27 973:25 968:22 963:21 942:30 932:28 927:27 922:26 917:25 912:24 902:23 897:22 892:21 744:. 740:. 724:^ 150:, 64:, 816:e 809:t 802:v 756:. 746:2 107:) 76:) 74:)

Index


Public company
Subsidiary
Sailboat builder
Bristol
Rhode Island
bankruptcy
Portsmouth
Carl Alberg
William Shaw
Sailboats
Parent

Pearson 424

Pearson 323
fiberglass
Grumman
dinghies
Seekonk, Massachusetts
Carl Alberg

Pearson 26
Pearson Plebe
Pearson Hawk
Pearson Tiger Cat
Pearson Resolute
Pearson Packet
Hudson River Packet 18
Pearson 22

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