Company type | Public company; later Subsidiary |
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Industry | Sailboat builder |
Founded | Bristol, Rhode Island, United States (1956 ) |
Founder |
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Defunct | 1991 |
Fate | Sold in bankruptcy |
Successor |
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Headquarters | Portsmouth, Rhode Island , United States |
Area served |
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Key people | |
Products | Sailboats |
Parent | Grumman Allied Industries |
Pearson Yachts was a sailboat manufacturer founded by Everett Pearson and Clinton Pearson in 1956.[1] One of the first fiberglass 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 Grumman Allied Industries in 1991. The rights to the name are now held by the Pearson Marine Group.