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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.
285:. 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 259:
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 756: 752: 596:Pearson 39-2 561:Pearson 37-2 536:Pearson 36-2 516:Pearson 34-2 501:Pearson 33-2 471:Pearson 31-2 431:Pearson 28-2 386:Pearson Lark 336:Pearson Hawk 309: 305: 296: 293:Going public 276: 252: 251: 202:William Shaw 152:Headquarters 144:USWatercraft 77:Rhode Island 45:Company type 716:Carl Alberg 636:Pearson 530 621:Pearson 424 616:Pearson 422 611:Pearson 419 586:Pearson 390 581:Pearson 386 576:Pearson 385 551:Pearson 365 506:Pearson 10M 486:Pearson 323 461:Pearson 303 451:Pearson 300 381:Pearson 23C 287:Carl Alberg 247:Pearson 323 237:Pearson 424 197:Carl Alberg 170:Area served 727:References 669:Freedom 28 664:Freedom 25 659:Freedom 21 601:Pearson 40 591:Pearson 39 566:Pearson 38 556:Pearson 37 531:Pearson 36 521:Pearson 35 511:Pearson 34 496:Pearson 33 476:Pearson 32 466:Pearson 31 456:Pearson 30 426:Pearson 28 411:Pearson 27 406:Pearson 26 391:Pearson 24 376:Pearson 23 361:Pearson 22 323:Pearson 26 257:fiberglass 189:Key people 157:Portsmouth 129:bankruptcy 53:Subsidiary 838:sailboats 626:Rhodes 43 606:Rhodes 41 526:Alberg 35 215:Sailboats 135:Successor 1124:Category 887:Wanderer 882:Vanguard 872:Renegade 710:See also 279:dinghies 273:Founding 211:Products 127:Sold in 59:Industry 51:; later 1109:Navy 44 1011:designs 857:Electra 268:History 262:Grumman 114: ( 109:Defunct 92:Founder 81: ( 73:Bristol 69:Founded 877:Triton 862:Ensign 763:3 June 222:Parent 1073:39 PH 852:Ariel 948:28-2 867:Lark 765:2018 699:J/92 694:J/35 689:J/32 124:Fate 116:1991 112:1991 83:1956 958:303 918:23C 759:(6) 1126:: 1083:45 1078:42 1068:39 1063:38 1053:36 1048:35 1043:30 1033:28 1028:25 1023:24 1018:21 999:30 994:28 989:27 984:25 979:22 974:21 953:30 943:28 938:27 933:26 928:25 923:24 913:23 908:22 903:21 755:. 751:. 735:^ 161:, 75:, 827:e 820:t 813:v 767:. 757:2 118:) 87:) 85:) 20:)

Index

TPI Composites

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

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