steve potts scout boats net worthsteve potts scout boats net worth

A lot of what we did on that boat was outside of what were used to, but we partnered up with these great people, and it turned out great. As an industry, one of the things weve really tackled is doing some different things with the features, having the electrical and electronic systems be more integrated so its more like other consumer products. We discuss our information collection practices below. We started sculpturing the seating and introducing some new contrasting colors and doing a lot of things like that. The flybridge provides ample seating and excellent visibility.And when it comes to performance, this boat does not disappoint she cruises at 18 knots and has a range of over 350 miles. Having been in the marine industry since I was 14, I knew that one day I wanted to do my own thing and apply all the things Id learned to do and learned not to do. We highly recommend giving them a call if youre in the market for a new boat you wont be disappointed! Scout was one of the early companies to build creature comforts into fishing boats. Keeping customers coming back is a high priority at Walt Disney World. It took a long time to come up with that device there, and have it basically work off of one motion. If youre in the market for a new boat, you may be wondering about the Scout 42. 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. You alluded to competitors, but there arent many in this larger center console coastal fishing boat space. Its part of their character and their designs, and I think once you lose that and you get a big group of people that is just going through the motions, I dont think its the same. Net Worth in 2022. It was certainly a challenge, but once we got it figured out and on the boat, it was a huge hit, and we started putting it on other models. I worked there after school and in the summer in my teen years. SUMMERVILLE, S.C. Scout Boats, Inc. has signed an all-inclusive multi-year contract with Orlando, Fla.-based Higher Advertising, Inc., the marketing . I dont know that consumers want to labor over a boat. It will be interesting to see what happens. He has an estimated net worth of $5 million.Potts started Scout Boats in 1989 with his brother, Scott. During that two-year period our competitors hardly came out with anything. The 12.8-metre 420 LXF is Scout's largest fishing boat. 2023 NBAA Schedulers & Dispatchers Conference (SDC2023). In 2021, the company began exploring beyond their typical range with the . Earlier this week, NMMA members Scout Boats and Sportsman Boats welcomed Representative Nancy Mace (R-SC-01) to an on-water showcase of their respective products made in Summerville, South Carolina. But we came out of the period between 2008 and 2010 with 18 new models. Founded in 1989 by President and CEO Steve Potts, Scout Boats are sold at 72 dealers around the world. Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. A: For our brand, Scout still builds from 17 feet to now 42. For 50 years Ive had my hands on my craft, and on building a successful business. 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. Last Updated: February 2023. Steve Potts doesn't reflect a lot on the history of Scout Boats, but the Mount Pleasant, S.C., builder's 25th anniversary this year prompted him to take a look back at what has led to Scout's double-digit post-recession annual growth. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. Contact your local Scout dealer today to learn more about this amazing vessel!if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'boatingbuddy_com-banner-1','ezslot_3',108,'0','0'])};__ez_fad_position('div-gpt-ad-boatingbuddy_com-banner-1-0'); If youre in the market for a new boat, Scout Boats should definitely be on your radar. We had aggressively grown double digits every year. Thats just the opposite here. 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. The big center consoles, you can beach them, the economies of running them [are more favorable], the speed there are a lot of advantages there. Contact Steve directly. If you prefer gear that looks stylish and modern, then Scout might not be the best choice as their designs are fairly traditional.However, if you value function over form then Scouts products could be exactly what youre looking for. In a lot of cases our industry goes back two and three decades in technology, even so much as analog wiring. It features a spacious deck with plenty of room for gear, plus a comfortable cabin that can accommodate up to four people. SCOUT BOATS, INC. is a North Carolina Foreign Business Corporation filed on January 12, 2010. Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. I think theres a lot of brands that create a glut of late-model used stuff. Because we developed so many new models, we kind of reinvented the company. A: As you start getting in the arena of boats that sell for six figures and above, there are a lot less builders and a lot less competition. Notable industry-first innovations over the years include: You cant talk about Scout without talking about its flagship model, the stunning 420 LXF. The couple, along with a helper, started building 14- to 15-foot boats out of an old brick building in Summerville. Its what we like. The expanded factory in Summerville will build composite parts for six boat models in the newly designed LXF series, as well as component parts for the new 275 and 320 Dorado series. We have one or two that are even longer than that. Dubbed "Project Everest" by Scout's staff, the boating behemoth will arrive amid a 35,000-square-foot expansion at the manufacturing site along U.S. Highway 78. Our upholstery wasnt rectangular or square cushions that were wrapped in a vinyl. The yacht Scout was built by Hakvoort in 2019.The 83m (209ft) yacht is designed by H2 Yacht Design.. Weve got nearly 400 employees, so we furloughed them for two weeks paid them to stay home and had management staff come in and make our facility Centers for Disease Control compliant. Can you speak to that? Scout Boats CEO & Founder Steve Potts will unveil the company's new flagship and LXF fleet leader - the 420 LXF - at this year's Miami International Boat Show. Has that approach resonated with people other than anglers? Steve Potts Height, Weight & Measurements At 54 years old, Steve Potts height is 170 cm . We had the scale model being 3-D-printed. Steve Potts, CEO and founder of Scout Boats, is a man with a vision. The Registered Agent on file for this company is Corporation Service Company and is located at 2626 Glenwood Avenue, Suite 550, Raleigh, NC 27608 . Looking for Steve Potts online? Salary in 2022. The running surface is second to none. He has served on the board of directors for several non-profit organizations, including the Coastal Conservation Association and Take Stock in Children. Keeping customers coming back is a high priority at Walt Disney World. The Volvo Penta parent posted FY22 sales of $45.2 billion, with the marine segment delivering 17,924 engine units. The Volvo Penta parent posted FY22 sales of $45.2 billion, with the marine segment delivering 17,924 engine units. Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. Water In The Boat When Drifting Or Idle; 2. For 50 years Ive had my hands on my craft, and on building a successful business. Special attention was given to the interior design of the 330 Dorado. As an Amazon Associate, We may earn from qualifying purchases. Those designs are very versatile. We formed a partnership with Garmin and Power Products, which at the time was making the CZone systems, and went digital with our bigger boats. The number of boats we produce will increase moderately, but not nearly as much as the revenue side because the bigger boats have so many more dollars in them. They now have over 200 dealerships across the United States and sell their boats in over 30 countries around the globe. Steve Potts Email Address . The Company offers flat and bay, fish-n-ski, express, and center console boats. Steve Pottsmoves full time toCEOof the company, Dave Wallacehas been namedPresident, William Fergusonhas been promoted toVice President of Manufacturing,Courtney Guicehas elevated toAdministrative Vice President andStevie PottsisVice President of Product Development & Engineering. But dont let that fool you into thinking that theyre not up to par with other boats on the market. But in addition to the building, were expanding our parking lot. Potts Jr.: It makes for a much cleaner environment, too. Owner @ Scout Boats Inc. The fact is that we as boatbuilders cant expect consumers to think like we think. The company's filing status is listed as Current-Active and its File Number is 1131297. bitten by the boating bug at a Young age. Scout's 420 LXF, in development for three years, will be introduced in February at the Miami boat show. Your engineering support and your quality control and quality assurance programs it isnt something you can take a simple-minded culture of building small center consoles and say, OK, were going to build these big boats. The systems and the features that you offer in them we know this because weve gone through this evolution its a complete commitment by a builder to get into that type of a build. It had to be built lighter and stronger, and thats where we started using a hefty amount of carbon fiber and epoxy with the superstructure and the hull. Steve and his wife Dianne had a dream of starting a boat company. Were conservative about the ramp-up on something. When youre infusing something, youre not getting spray guns out and rollers and suiting up. We worked with a hydraulic company to design our own cylinders; we designed another cylinder that was basically a safety pin locking system, so if something were to fail while that door was up, it wont fall down on you. 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. Steve Pottsmoves full time toCEOof the company, Dave Wallacehas been namedPresident, William Fergusonhas been promoted toVice President of Manufacturing,Courtney Guicehas elevated toAdministrative Vice President andStevie PottsisVice President of Product Development & Engineering. There are 400+ professionals named "Steve Potts", who use LinkedIn to exchange information, ideas, and opportunities. 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 . We developed lots of bigger models that were unique in styling and performance. Fortunately, weve only had four positive tests, which is beating the odds in our county and state. With a pair of Yamaha 350s, the 345XSF will do 55.5 knots (64mph), with a best cruise at 3500 rpm @25.1 knots (29mph) getting 89L/h, also for 3.5L/NM. Spac, #MansionMonday Fittingly named for the mythologica. Washington -- Dianne Feinstein, the press' "raven-haired beauty" of the early 1960s who sailed alone in San Francisco Bay's treacherous waters, has become, at age 79, an institution in California . If you do not continue to use the EPG websites following a change to our Policy but take no other action with respect to your personal information, our use of that information will remain subject to our Policy as it was in effect prior to the change. "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 . Weve added glass panels and actually had that patented. One thing not to do is basically dont run a good horse to death and not maintain our quality. The company initially operated out of a small garage, but it has since grown into a major operation with over 200 employees and annual sales in excess of $50 million. The interior was something completely different from what we were used to doing. Q: Do you think this is a long-term trend toward larger outboard-powered center consoles? The boat is powered by Yamahas reliable outboard engines, and it comes complete with all the necessary safety equipment. Has that given companies like yours an edge that it will be difficult for others to catch up with? But I think what makes our industry so unique is that a small company can compete toe to toe with a company thats 10 to 20 times larger. Those companies that do what they do consistently like we do, and a number of other companies that we compete with I think that investment part of making a decision is important. They currently produce 23 models ranging from 17-53. He has an estimated net worth of $5 million. 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. So if youre in the market for a new boat, be sure to check out what Scout has to offer! 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. This vessel is a great option for those who want quality and comfort. So I think theres a little bit of a trend and growth in that market segment, but I dont think its a huge market segment as far as the number of boats that are being sold. Considering the new models we have coming out, our inventory levels and whats already presold coming down the pipeline, Lang says, were in a very optimistic situation.. Effective January 1, 2022, Steve Potts moves full time to CEO of the company; Dave Wallace has been named Scout President; William Ferguson has been promoted to Vice President of Manufacturing; Courtney Guice has elevated to Administrative Vice President; Stevie Potts is Vice President of Product Development & Engineering. Complaints Of 'Porpoising.' Share on Linked In Potts Sr.: Thats Stevies baby. Scout models arent just stunning to look attheyre also packed with many first-to-market innovations and features. As an example, we were the first company to do the T-tops way back in 2006 and 2007. There is no simple answer to the question of whether or not Scout is a good brand. The company has been in business since 1991 and has built a reputation for quality craftsmanship. If someone wants to tournament-fish, they can. Scout Boats: The Story Behind the Marine Industry Leader Contributing Partner October 18, 2016 Yachts Scout Boats was founded by South Carolina-resident Steve Potts - a man that continues to this day to be on the shop floor daily working on the models - back in 1989. Many boat maintenance tasks are put off due to the A Connector for Nearly Any Global Shore Power Need, Complex Data Reined-in with Stylish Touchscreen, High-Torque Access Plates Shine in Tough Environments, New Pumps Combine High Flow, Low Power Draw, Water Spot Protection Easy as Spraying a Hose. Overhead, a bar-rel vaulted ceiling paneled with tongue-and-groove wood planks is reminiscent of an inverted ship's hull. Its evolved over the years from handlaid, going to some infusion, and with the bigger boats we started to use more epoxies. It evolved from there. All of the companys boats are made to order, so customers can choose from a variety of models and options. But in the 30 years since theyve been around, theyve made a big splash in the industry.So where are these impressive boats made? Scout was founded with a handful of employees and a couple of molds in a small brick building back in 1989 by Steve and his wife Dianne Potts. In 1989, Potts began building boats again in earnest and revived the Scout name in a small shop with his wife and a couple of workers. It was a brick building with a galvanized roof. Other notable systems include an anchor windlass wash down hose, water heater, Kohler generator, electronic bow table with filler cushion, and air conditioning. Were probably conservative as it relates to most other builders in that we dont work outrageous hours, we just dont do some of the things. I think thats what consumers want today. 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. We do a lot of things that are unique. Copyright 2023 Great Lakes Boating | Published by Harris Publishing, Inc. Last fall, about 37,000 people. 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. 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. It was something better than that. Scout has revolutionized the coastal fish boat market. That mindset should be part of the culture in your dealership, too, especially post-pandemic. So I made up my mind in the mid-80s to start working hard besides raising a family and coaching soccer and doing all the other things dads do to start working toward saving money and starting my own business. Everything we do has its signature appeal to it as far as being a departure from the norm. I have done what they do, and I know what its like when they go home. I certainly wish a lot more consumers would pay attention to their investment and not just what the salesman says or the big and shiny boat you see at the boat show because it is a big investment. We want you to know that we respect the privacy and security of our users. Potts Jr.: A lot of things we did on that boat came from listening to customers, and some of the things they like or dont like about their boats. Estimated Net Worth: $3 billion. Link in, The demand for luxury boating experiences and o, Business jets all have one major drawback. Scout Boats continues to up the ante. Obviously our revenues going to grow quite a bit because of the introduction of the 42 and the 38 and some of these other bigger models. Q: How is your work force projected to grow? Id say sometime in the early 70s that little design and that name went away. -Steve Potts, president and CEO of Scout Boats Inc. "Scout Boats is a great example of South Carolina-grown entrepreneurship. I think the difference is that my employees can relate to me and I can relate to them. How gracefully that brand ages and the reputation of the brand is really tied to what their investment and resale value would be. If were sold out to some future date, we are very cautious about not overcommitting or having the blind leading the blind out here as far as having too many people being trained. Scout Boats was named for Potts' fond memories of the simple fishing boats he worked on as a teen. Without doing carbon or epoxy, that wouldnt have been possible. We wanted a 20-ton boat that would run in excess of 60 mph. Have you been able to keep up with demand and what kind of backlogs do you have? This privacy policy (this Policy) describes the personal information we may collect from you, the purposes for which we collect it, how we use it and when we may share it with third parties. Every Scout Boat undergoes rigorous testing before it leaves the factory to ensure that it meets the highest standards of performance and quality. Highest Scout Rank: Distinguished Eagle Scout, Silver Buffalo . Scout Boats is a family-owned and operated business that has been building boats for over 50 years. The guy I was renting the brick barn from rebuilt and we moved back in February or March of 1990. 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. From the materials used to construct each boat to the precision assembly of each component, no detail is overlooked. The project was re-branded 'Something Cool', a reference to the Heineken family (since Alfred Heineken owned a yacht named Something Cool, which was a reference to his beer brewing company. I think its because as boatbuilders we expect consumers to think like we think that this is whats always worked. It wasnt that long ago, I can remember Stevie wanted a hydraulic platform on the side of this center console and I said, That is ridiculous. 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. 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. Salary: $1 million. Read the full policy here: https://epgmediallc.com/privacy-policy/, Scout founder Steve Potts takes over as CEO, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), NMMA to co-host 2023 California Boating Congress, BoatUS applauds recent Florida ordinance for anchoring rights, Suntex Marinas acquires Roosevelt Lake Marina, Florida MMI earns Military Friendly School designation, Marine Development Inc. names new president, ABYC announces Marine Service Technician Week, U.S. Representative Auchincloss visits New England Boat Show, ORR calls for swift passage of Outdoors for All Act.

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