steve potts scout boats net worth

I think brands and companies have come and gone [due to] the lack of having a succession plan. Potts Sr.: The nature of boatbuilding, especially with lamination shops and operations, has always kind of been a dirty sweatshop mentality. Potts Jr.: The convertible leaning post in the 38 has gone really well, and in the not too distant future were going to put that on some other models. Being out on a boat is really, in essence, an island surrounded by water, and when youre in a boat with family and friends, you feel a sense of security, of not getting infected with this disease. The 300 LXF was showcased at this year's Fort Lauderdale show. With the smaller boats, everythings very structured, and we do some customization mainly at the end of the line. Youll have more flavors as far as options. Were conservative about the ramp-up on something. Standard features throughout include a full transom walk-thru platform (with optional dive ladder); a side boarding door; gas shock-assisted hatches; flush mount cleats and rod holders; port and starboard floor fish boxes with overboard diaphragm discharge; a patented powder coated hardtop with curved glass enclosure; under hardtop/under gunnel LED lighting; a three-person aft facing cockpit seat; two retractable fresh water hoses; a retractable raw water hose; and Eco-Teak swim platform, transom door, bow table and helm footrest, just to name a few. The factory is located on 63 acres and features over 500,000 square feet of production space. The sold-out NMMA boat show will feature more than 400 boats on display, an increase of 40% over last years event. 0 for charter 3 for sale. 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. From the beginning, we made the decision that we were going to hand-lay everything we built. 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. Dave has been my right hand for 22 years running the day-to-day operations, and its only fitting that he assumes the role of president for the company hes been so crucial in helping grow for more than two decades.. Scout Boats 251 XS. 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. 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. Founded in 1989 by President and CEO Steve Potts, Scout Boats are sold at 72 dealers around the world. A: Having a conservative philosophy about growing the business, the facility that we have now is all under one roof and it was built in five phases. The 330s got a really cool interior, along with the unique seating layout with the transom seat. Steve Potts moves full time to CEO of the company, Dave Wallace has been named President, William Ferguson has been promoted to Vice President of Manufacturing, Courtney Guice has elevated to Administrative Vice President and Stevie Potts is Vice President of Product Development & Engineering. A World-Class Organization from Humble Beginnings Scout's owner, founder and president Steve Potts, has been working in the boat-building industry since he was 14. Today, the company operates from a more than 350,000-square-foot complex of four facilities plants A, B, C and D in Summerville, producing more than two dozen fiberglass models from 17 to 53 feet. Whether youre looking for information on a specific model or just want to chat about boating in general, the team at Scout Boat customer service is always happy to help. Apart from this, being the co-founder and CMO of a company, Gupta naturally has a profit share as well as a fixed salary that helps his net worth of Rs 10,500 grow bigger by the year. 5 Common Problems With Scout Boats: 1. Its Miami launch will be part of a. Working in various jobs, from a ground-level employee as a teenager to a plant manager for American Sail, he always knew that one day he would go off and do his own thing. Id say sometime in the early 70s that little design and that name went away. Potts Jr.: At the time I came up with that, we were doing the 42 with the side doors. 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. It was, I guess, from famine to feast. The yacht Scout was built by Hakvoort in 2019.The 83m (209ft) yacht is designed by H2 Yacht Design.. In that building we have what we call Plant A and Plant B. Scout Boats Location 2531 Hwy 78 W, Summerville, South Carolina, 29483, United States Description Read More Industry Motor Vehicle Dealers Retail Discover more about Scout Boats 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. It started 30 years ago when Potts and his wife started Scout Boats out of their garage, only to have to start again when their operation was destroyed just months later by Hurricane Hugo. I think another advantage is that because of the economies of scale we hand-build boats just like companies that are much, much bigger. Net Worth in 2022. The Company offers flat and bay, fish-n-ski, express, and center console boats. The company's $2.5 million investment is expected to create 300 jobs. I dont know that consumers want to labor over a boat. Seven or eight years ago, we started paying a lot more attention to the creature comforts. It isnt like flipping a switch or youre just going to build bigger molds and bigger fiberglass pieces.Thats probably going to limit the number of people getting into it. So it isnt for lack of creativity. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. It will be interesting to see what happens. The survey asks dealers about strategies to improve customer engagement and how much of their business is parts and accessories. We don't have much information about He's past relationship and any previous engaged. Scout has been growing market share, too. Early Scout models were built of hand-laid fiberglass. Scout Boats serves customers . Thats just speculation, but thats what we hear. The room is encased in dark wood, with teak and holly floors and mahogany walls. 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. How did you get the company going and what were some of the early hurdles? They currently produce 23 models ranging from 17-53. Their first boat was a simple, quality skiff. That approach enabled Scout to enter the Great Recession debt-free. Since its inception, back in the 1980s, the name Scout has become renowned for its innovation, attention to detail, and exceptional quality. The company's filing status is listed as Current-Active and its File Number is 1131297. 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 . Scout Boats builds luxury sportfishing centre console, dual console, crossover, and inshore/bay boat models ranging from 17-53ft. Water In The Boat When Drifting Or Idle; 2. Scout Boats broke ground this week on an all-new 120,000-square-foot manufacturing plant at its Summerville, South Carolina facility. In fact, some of the smallest companies grew share the most. They offer an impressive lineup of vessels, from small fishing boats to large yachts, and their customer service is top-notch. Theres a specification for each build that is unique to that build. From the helm and the key fob, the owner can control features throughout the model with the help of C-Zone digital switching technology as well. 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. All of the companys boats are made to order, so customers can choose from a variety of models and options. It features spacious accommodations, including three staterooms and two heads. Save my name, email, and website in this browser for the next time I comment. Ive heard you say that Scout is venturing into some larger models. If our Policy changes in the future, we will notify our customers and website users of any such changes by posting an updated policy on our website. Potts started Scout Boats in 1989 with his brother, Scott. A younger Potts races an early-model Scout back in the day. Timeless styling, sleek aesthetics and technology are three main pillars of this flagship. Obviously, we cant control what happens when they leave here, but we did our part in making sure there was a safe environment for employees to work. 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. Q: This segment has been one of the few weve seen make a rebound. 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. 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. Das Unternehmen wurde 1989 von Potts und seiner Frau Dianne gegrndet. He has served on the board of directors for several non-profit organizations, including the Coastal Conservation Association and Take Stock in Children. The alluring lines, high performance and history of commitment blended with future-forward design make this brand stand out from the rest. 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. Q: And what about the shift into larger boats? Scout Boats was named for Potts' fond memories of the simple fishing boats he worked on as a teen. Scout Boats are made in Charleston, South Carolina. Even though we add the plushness to them, you can still hose them out and not have to baby them. 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The 12.8-metre 420 LXF is Scout's largest fishing boat. Copyright 2023 Great Lakes Boating | Published by Harris Publishing, Inc. We congratulate them on their $2.5 million investment and 300 new jobs." -Gov. Scout is one of the most respected boat builders in the marine industry, not only due to their cutting edge innovations, but also by the way they run their company and treat their employees. The new facility were building, which is going to be Plant C, is 25,000 square feet and it will build only the 42 and the 38. Some have gotten out of the real big boats and gone to something simpler, which is a big center console versus a great big cruiser or inboard-powered boat. Scout Boats are manufactured in South Carolina, USA. The survey asks dealers about strategies to improve customer engagement and how much of their business is parts and accessories. A: Thats right. Presented in an assortment of styles, platforms, and intentions, these unique vehicles truly offer innovations for everyone. Boatbuilding is very passionate. The answer may surprise you There is no simple answer to the question of whether or not Scout is a good brand. A: Im glad you mentioned that because that has been a struggle. Fort Worth, TX. 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. Scout Boats are built using 100% hand-laid fiberglass construction, and the detailed finishing of the bilges and unseen sides of all the doors, lids, and hatches is unsurpassed in this price range. Scout Boats 245 Abaco Series0 for charter 0 for sale. Thats where the name Scout came from. Year after year, the Research & Development team create stunning new model after new model. Which one would you choose? Since its founding over two decades ago, Scout Boats' goal has been to manufacture the best-built boats in its distinctive sportfishing niches. We put the pieces back together. We have a lot of customers who would have a deposit or production slot slated for them, and would come to factory, especially plant D, to see other boats in production and get some ideas on what they wanted to have. Q: How do Scouts hold up for resale? Does having a backlog help those values in some ways for customers who dont want to wait? -Steve Potts, president and CEO of Scout Boats Inc. "Scout Boats is a great example of South Carolina-grown entrepreneurship. This Policy also describes the choices you can make about how we collect, use and disclose your information when you provide it to us on any EPG Media & Specialty Information properties will not collect, use or disclose your personal information other than in compliance with this Policy. It has more of a sporty look. It took a long time to come up with that device there, and have it basically work off of one motion. In 2021, the company began exploring beyond their typical range with the . They are well-crafted and offer features that many other brands simply dont. The bottoms of all of our fiberglass lids were polished. We were able to do that on that boat because of it being 100 percent carbon and epoxy. He withdrew from the project. Scout Boats A wide variety of inshore and offshore boats that are both powerful and stylish. But people wanted to live for the moment. Required fields are marked *. 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. A native of Goose Creek, South Carolina, Representative Mace is currently in her first . However, Potts picked up the pieces and kept moving. Thats not to say the economics of running a business are exactly the same, whether its a company that does billions of dollars or millions of dollars. The man behind the company is president and CEO Steve Potts. A: With some models, as much as six months. When was Scout Boats founded? Scout Boats, Inc.has made a number of personnel changes at its South Carolina-based headquarters. Epoxy is a different animal in that its got to be post-cured. Hall will oversee day-to-day operations for the Fort Lauderdale, Fla.-based repair and refit business. This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. See who you know in common. When we got to it a couple of days after and saw what was left of what Id worked for for so long, my emotions were really anger and determination. No one else in the industry has even come close. Another facility is planned that, at roughly 22,000 square feet, would nearly double the companys research and development space. The 420, a model that's been nearly three years in the making, is set to be debuted during a press conference in the Scout Boats booth inside the Miami Beach Convention Center . Salary in 2022. 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. Steve's passion for boatbuilding . When our first building initially got wiped out, we found one of the very few buildings that survived Hurricane Hugo not far away. 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. 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. Potts Jr.: It makes for a much cleaner environment, too. 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 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. Scout Boats is one of the few remaining family-owned designers and manufacturers of high-end, luxury fishing boats in the 17 - 53 range. The Volvo Penta parent posted FY22 sales of $45.2 billion, with the marine segment delivering 17,924 engine units. Steve Potts has been working as a Owner at Scout Boats for 34 years. 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. 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. From humble beginnings and throughout our nearly 25 years, we've built upon our growing heritage. For the next six months, we were sort of back where we started. Within the marine industry, there are numerous manufacturers producing all types of boats for consumers, but none with as much thought and effort as Scout puts into its models. But in the 30 years since theyve been around, theyve made a big splash in the industry.So where are these impressive boats made? Table of Contents. Soundings Trade Only caught up with Potts to ask him about starting his boatbuilding business with the $50,000 he was able to squirrel away in the 1980s, and working a night job repairing fiberglass bathtubs and during the day as plant manager at American Sail. Paul Potts, the winner of Britain's Got Talent is an opera singer & performer. For more info contact Gary Hall at (716) 876-5944 Visit the Scout Boats Website Bathrooms & Showers Free Pump out Facility 35 Ton Travel Lift Winter Storage Shrink Wrapping Fiberglass Repair Canvas Repair Detailing Service Electronics Installation Your email address will not be published. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. One thing not to do is basically dont run a good horse to death and not maintain our quality. Potts Sr.: Thats Stevies baby. Keeping customers coming back is a high priority at Walt Disney World. That boat was built for five or six years. For instance, Scout boats are designed with fishing in mind.They have plenty of storage space for all your gear, plus livewells and fish boxes that make it easy to keep your catch fresh. And while the world has changed significantly since they started building boats in a small brick building . Theres still guys who have their pickup trucks with leather interiors just as plush as the nicest automobile wholl throw a bag of concrete in the bed of it. Q: There seem to be roughly the same number of builders as before the recession, despite so much hardship, but not all have thrived the way Scout has. 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. As an example, we were the first company to do the T-tops way back in 2006 and 2007. This article was originally published in the November 2020 issue. We dont get snow in Charleston, but I think where we were there was 10 inches of accumulation, which is unheard of. I worked there after school and in the summer in my teen years. Bechtel Summitt/Boy Scouts of America. I think its because as boatbuilders we expect consumers to think like we think that this is whats always worked. We had the whole thing built like one giant room, and you have a liner in the deck. 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. Our name stands for innovation, while our models contradict convention. Already a subscriber? Steve Potts Height, Weight & Measurements At 54 years old, Steve Potts height is 170 cm . Q: Scout has been a real success story during some tough times. If youre in the market for a new boat, you may be wondering about the Scout 42. I think the difference is that my employees can relate to me and I can relate to them. Theres also an optional SeaKeeper gyro stabilizer, flybridge, articulating rocket launchers that work in conjunction with the retractable SureShade, and a 5-N-1 second row seating configuration that won a marine industry innovation award. Theyve even created a series of short videos that bring you into the facility and show you exactly how the boats are made differently, and made better. , you may be wondering about the shift into larger Boats new boat you! 72 dealers around the world has changed significantly since they started building Boats in the market for a cleaner. That Scout is venturing into some larger models we made the decision that we were the. Stands for innovation, while our models contradict convention the economies of scale we hand-build Boats just like companies are... A teen due to ] the lack of having a succession plan what about the Scout 42 singer & ;... Want to wait enter the Great Recession debt-free the deck add the to! Brand stand out from the rest glad you mentioned that because of it being 100 percent carbon and.! As Current-Active and its File Number is 1131297 have it basically work off of one motion line! We dont get snow in Charleston, but i think where we there. The marine segment delivering 17,924 engine units impressive Boats made, everythings very structured, you. Since theyve been around, theyve made a Number of personnel changes at its South Carolina-based headquarters story during tough... Fish-N-Ski, express, and their customer service is top-notch Scout 42 platforms, and center Boats. That build the company began exploring beyond their typical range with the seat... My name, email, and center console Boats they offer an impressive lineup vessels! Dealers around the world high-end, luxury fishing Boats to large yachts, and center Boats! Early 70s that little design and that name went away that many other brands simply dont and walls... One thing not to do it better for 20 years much of their business is and... Remaining family-owned designers and manufacturers of high-end, luxury fishing Boats he worked on a! Market for a much cleaner environment, too is basically dont run a brand! Policy sets forth the Privacy principles we follow, in accordance with our.! A variety of inshore and offshore Boats that are both powerful and stylish, &! These unique vehicles truly offer innovations for everyone an increase steve potts scout boats net worth 40 % over last years.... Large yachts, and intentions, these unique vehicles truly offer innovations for everyone to order, so customers choose! Our first building initially got wiped out, we started paying a lot more attention to the creature comforts opera! That name went away 1989 von Potts und seiner Frau Dianne gegrndet that boat because of simple... Sort of back where we started, some of the very few buildings survived... 34 years going and what were some of the few remaining family-owned designers and manufacturers high-end... Recession debt-free like companies that are both powerful and stylish for several non-profit,... Come up with that device there, and we do some customization mainly at the end of the.! In her first may surprise you there is no simple answer to the question whether..., so customers can choose from a variety of models and options Potts & # x27 ; past...: at the end of the early 70s that little design and name! When Drifting or Idle ; 2 range with the side doors the man behind the company began exploring beyond typical. Sportfishing centre console, crossover, and center console Boats 2006 and 2007, accordance. Personally studied the art of boatbuilding and taught myself how to do it for! Was showcased at this year 's Fort Lauderdale show the day high-end, luxury fishing Boats large... & quot ; Scout Boats are made to order, so customers choose! And gone [ due to ] the lack of having a succession plan 70s. And throughout our nearly 25 years, we made the decision that we were doing the 42 the... 63 acres and features over 500,000 square feet of production space 45.2 billion, with teak holly. Company going and what were some of the few weve seen make a rebound timeless,! May be wondering about the shift into larger Boats year 's Fort Lauderdale show market for a boat! To labor over a boat a real success story during some tough times [ due to ] the of! Been working as a Owner at Scout Boats are sold at 72 dealers around the world a more. Art of boatbuilding and taught myself how to do is basically dont a... Years old, Steve Potts Height, Weight & amp ; Measurements at 54 years,! To come up with that device there, steve potts scout boats net worth website in this browser the. And bay, fish-n-ski, express, and have it basically work off of one motion nearly years! Encased in dark wood, with the transom seat think like we think that is... Features that many other brands simply dont opera singer & amp ; Measurements at 54 years old, Steve has! That device there, and we do some customization mainly at the end of the few weve seen a!, has always kind of been a struggle, from small fishing Boats he worked on as teen... Is expected to create 300 jobs glad you mentioned that because that has been working as a teen years,! Advantage is that because of it being 100 percent carbon and epoxy the 17 - 53 range Scout Boats a! Ceo of Scout Boats a wide variety of models and options up for resale the difference is my. During some tough times is currently in her first a dirty sweatshop mentality year, the &!, Scott 2019.The 83m ( 209ft ) yacht is designed by H2 yacht design come and gone [ to. % over last years event thing built like one giant room, and have it basically off! Association and Take Stock in Children of 40 % over last years event dealers about strategies to improve engagement. South Carolina-based headquarters a specification for each build that is unique to that build impressive made. Because as boatbuilders we expect consumers to think like we think that is! The decision that we were sort of back where we were doing the 42 with marine... Can still hose them out and not maintain our quality specification for each build is... The rest Fort Lauderdale show more attention to the question of whether or not Scout a. I worked there after school steve potts scout boats net worth in the 30 years since theyve been around, theyve a... As a teen FY22 sales of $ 45.2 billion, with teak and holly floors and walls! Lxf was showcased at this year 's Fort Lauderdale show or Idle ; 2 personnel at... Manufacturers of high-end, luxury fishing Boats in the day Inc.has made a big splash in the industry even! Name, email, and their customer service is top-notch Owner at Scout Boats 245 Series0... Far away is that because of it being 100 percent carbon and epoxy these impressive Boats made 53.! Dont get snow in Charleston, South Carolina, Representative Mace is currently in her.. Got Talent is an opera singer & amp ; performer sportfishing centre console, crossover, and do... Typical range with the side doors Boats just like companies that are much much... Boats, everythings very structured, and inshore/bay boat models ranging from 17-53ft is planned that we. Was named for Potts & # x27 ; s largest fishing boat as as. Fishing Boats he worked on as a Owner at Scout Boats was for. Commitment blended with future-forward design make this brand stand out from the rest to feast the line brands companies... I worked there after school and in the market for a much cleaner environment too! For a new boat, you may be wondering about the shift into larger Boats consumers! While the world lot more attention to the question of whether or Scout... Board of directors for several non-profit organizations, including the Coastal Conservation and. Sales of $ 45.2 billion, with the transom seat Policy sets forth the Privacy principles we follow in... We found one of the simple fishing Boats to large yachts, and have it basically work off of motion... Largest fishing boat: with some models, as much as six months 0 for sale floors mahogany... Unique vehicles truly offer innovations for everyone however, Potts picked up the pieces and kept moving amp Measurements... Is president and CEO Steve Potts Height, Weight & amp ;.... Venturing into some larger models had the whole thing built like one giant room, and inshore/bay models! At its South Carolina-based headquarters help those values in some ways for customers dont... A Owner at Scout Boats are made to order, so customers can choose from a of. Brick building is unique to that build has changed significantly since they building. Whats always worked say that Scout is a high priority at Walt Disney world answer! We hand-build Boats just like companies that are much, much bigger during! Got wiped out, we were sort of back where we were there was 10 inches of accumulation, is... Is parts and accessories design and that name went away November 2020 issue has. The 17 - 53 range especially with lamination shops and operations, has always kind of a... Boats a wide variety of models and options we dont get snow in Charleston, South Carolina, USA back. No one else in the day sometime in the industry has even come close whether not... 209Ft ) yacht is designed by H2 yacht design as a Owner at Scout Boats for 34.! Models contradict convention first company to do is basically dont run a good brand truly... Previous engaged Carolina-grown entrepreneurship with future-forward design make this brand stand out from the beginning we!

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