steve potts scout boats net worth

You dont need anything different. The boat is powered by Yamahas reliable outboard engines, and it comes complete with all the necessary safety equipment. We wanted a 20-ton boat that would run in excess of 60 mph. Scout Boats broke ground this week on an all-new 120,000-square-foot manufacturing plant at its Summerville, South Carolina facility. Save my name, email, and website in this browser for the next time I comment. COLUMBIA, S.C. - Scout Boats Inc., a manufacturer of sport fishing boats, is expanding its Dorchester County facility in response to increased customer demand - both domestically and overseas. Photo Left to Right: Alan Lang (Scout Boats), Steve Potts (Scout Boats), Rep. Nancy Mace, and Russ Tomlinson (Sportsman Boats) Membership . At the same time we did that, Garmin came out with their [GPSMap] 8000 series, which was a new chassis and a new screen that was designed to be back-mounted without a bezel on it. Its evolved over the years from handlaid, going to some infusion, and with the bigger boats we started to use more epoxies. They currently produce 23 models ranging from 17-53. Spac, #MansionMonday Fittingly named for the mythologica. Share on Linked In bitten by the boating bug at a Young age. This article originally appeared in the December 2014 issue. 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. The 300 LXF was showcased at this year's Fort Lauderdale show. 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. This Policy will be referenced by all such mobile applications or mobile optimized websites. But in the 30 years since theyve been around, theyve made a big splash in the industry.So where are these impressive boats made? Theres no question that today theres as many shapes and colors of fiberglass floating around as ever before. 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. Things were going well, and we were very profitable and the next big challenge that hit us was the Great Recession. . Scout Boats was founded in 1989 by Steve Potts, who to this day, continues to maintain his presence on the shop floor working on Scout models. 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. Epoxy is a different animal in that its got to be post-cured. Q: Youre adding factory space. Scout models arent just stunning to look attheyre also packed with many first-to-market innovations and features. Required fields are marked *. What else is helping the popularity of these boats? A: Im glad you mentioned that because that has been a struggle. It takes a lot of infrastructure for you to be a player in that style of boat. Steve Potts,. This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. The builder now uses epoxy for its larger boats. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. Steve Potts Scout Boats Net Worth: $5 Million These bigger boats we build, we work with Molly Ditzler at Vectorply. Contact Steve directly. At 7 knots (8mph) @ 1500rpm the Yamaha F300s consume a . 0 for charter 3 for sale. A $40 million yacht belonging to Secretary of Education Betsy DeVos was untied from its mooring at a Lake Huron marina, police said. Its Miami launch will be part of a. Contact Us Advertising Info Send File Subscribe Privacy Policy, EPG Media LLC wants you to have a positive experience in connection with our products and services. Scout Boats president and CEO Steve Potts launched the South Carolina company with $50,000 he managed to scrimp and save while working a night job repairing fiberglass bathtubs, and a day job as plant manager at American Sail. So I did. We had to work through some safety features of it: if the hydraulics were to fail, or you get a hole in the hydraulic line, making sure the whole side of the boat doesnt fall down in the water. For 50 years Ive had my hands on my craft, and on building a successful business. The SeaQuest, a 164-foot luxury yacht, registered under a . Another facility is planned that, at roughly 22,000 square feet, would nearly double the companys research and development space. Our goal is to provide you with an experience that delivers the information, resources and services that are helpful to you. Id say sometime in the early 70s that little design and that name went away. Steve and his wife Dianne had a dream of starting a boat company. In addition, Scout Boats manufactures a full range of sizes . Hurricane Hugo leveled the barn, and son Stevie, only 12 at the time, helped his parents salvage what they could. But people wanted to live for the moment. Potts Sr.: That goes along with what I call the wow factor. He is from United States. I worked there after school and in the summer in my teen years. We recently had the opportunity to work with Scout Boat customer service when we were considering upgrading our boat.We found them to be extremely helpful and knowledgeable, and they made the entire process easy and stress-free. Finally, its worth considering your own personal preferences when deciding if Scout is the right brand for you. The Volvo Penta parent posted FY22 sales of $45.2 billion, with the marine segment delivering 17,924 engine units. Meaning, once the founder has moved on and is in their twilight years, they step away from it and theres not the youth behind them. My goal was that when employees came to work after that two weeks, that they went home and told their loved ones that its a safe place to work. Salary in 2022. reflecting Steve's business interests as presi-dent and CEO of Scout Boats. Underwater deck and bow cameras are available as well as underwater LED lights. We put the pieces back together. Other details, such as "My type of design The Company offers flat and bay, fish-n-ski, express, and center console boats. 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.. Weve gone even further on the 53, where both sides fold down and are flush with the deck, and it really opens the boat up a lot. 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. Does having a backlog help those values in some ways for customers who dont want to wait? Mud Runner: 04-01-2004 06:54 PM: . $1 Million - $5 Million. The man behind the company is president and CEO Steve Potts. But the number of players that are in there arent nearly as much as if you look at 20-foot bay boats or 22-foot center consoles, where everybody and their brother has something to offer. From humble beginnings and throughout our nearly 25 years, we've built upon our growing heritage. The factory is located on 63 acres and features over 500,000 square feet of production space. There are very few disadvantages that you see with the big stay-in-the-water-type boats. 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. One of the things thats unique about Scouts is the fit and finish. 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 . Founded in 1989 by President and CEO Steve Potts, Scout Boats are sold at 72 dealers around the world. I used that same analogy. Q: How do Scouts hold up for resale? Steve's passion for boatbuilding . 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. I think that was done by net technologies. Everything we put into them has really paid off. Scout Boats has taken steps and is devoting resources to promote website accessibility. However, Potts picked up the pieces and kept moving. When we set up plant D, we put a pretty elaborate boiler system in that would circulate hot air through a thermal blanket that goes over the parts we build, and it post-cures. 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. That being said, the bigger boats, the LXF series in particular, which includes a 25, 27, 30, 32, 35, 42, and were just now starting development of a 38, those are luxury fishing boats. If you have difficulty accessing features or functions on this website, email us at info@scoutboats.com and we will work with you to provide the information you seek and/or call our customer service line at 843-821-0068. The company consistently receives high marks for customer satisfaction, with many people praising their helpful and friendly staff.Additionally, their products come with excellent warranties and customer support options, so you can be sure that youll be taken care of if something goes wrong. Scout Boats was named for Potts' fond memories of the simple fishing boats he worked on as a teen. We also had an idea to eliminate some of that aluminum structure in the back, and having a cleaner look that blends into the console and the deck. Which one would you choose? Whether youre looking for a weekend getaway or extended cruising, the Scout 42 is an excellent choice. All these T-tops had always been made out of round tubing and straight sticks, and we put curve in our T-tops. 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. 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. Steve Potts Owner, scout boats inc . "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 . I think another advantage is that because of the economies of scale we hand-build boats just like companies that are much, much bigger. At the end of the day, being a business thats very labor-intensive, its about how well we deal with human behavior. Das Unternehmen wurde 1989 von Potts und seiner Frau Dianne gegrndet. The building we were in was pretty much leveled. Following the posting of such non-material changes, your continued use of any EPGs websites will constitute your acceptance of these changes and you will be bound by such changes. 171 Church Street Suite 330, Charleston, SC 29401 / EIN: 85-2708790 Contact: info@thelensfoundation.com / 973-738-2888 Want to know when we have important news, updates or interviews? Our name stands for innovation, while our models contradict convention. That approach enabled Scout to enter the Great Recession debt-free. Sietse van der Zee has more than 20 years of boatbuilding experience, including stints at Mulder, Verolme, Damen and Feadship. Copyright 2023 Boating Industry 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. Potts Sr.: Stevie and I have not always seen eye to eye. Theres a lot of big-boat-itis out there. The longstanding Summerville, SC boatbuilder has been an industry staple since their arrival in 1988, and in recent years have been systematically increasing in size -- both in terms of boat lengths and their production capability -- particularly within their luxury yacht offering. Down below, the appointments resemble the elegance of those on a private jet. The guy I was renting the brick barn from rebuilt and we moved back in February or March of 1990. We started hearing more from people who say they want a center console sometimes, and sometimes they want more protection. The South Carolina native and father of three says he has always taken a conservative approach to business. By using the any of our websites and/or making online requests of products, you agree to the terms and conditions of EPGs Policy. It was unlike what most dealers had ever seen before, and there wasnt much competition because it wasnt a typical coastal fishing boat. Owner @ Scout Boats Inc. 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. 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. It took a long time to come up with that device there, and have it basically work off of one motion. There are 400+ professionals named "Steve Potts", who use LinkedIn to exchange information, ideas, and opportunities. I think its because as boatbuilders we expect consumers to think like we think that this is whats always worked. Plus, with options like outriggers and trolling motors, Scout has everything you need to make your time on the water as productive (or relaxing) as you want it to be. I think some web designer was trying to be just a little too cutesy. 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 Meet Ferrari & Ri, Say hello to the fastest electric jet ski ever mad, @dolcegabbana turns interior design into a way of, Skip the traffic with these private performance he, Swipe to see a private jet accessory that took 1,0, Electric vehicles are very popular by demand. 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. 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. That show was kind of a depressed show, but when we came away we had list of 31 dealers that wanted to sell our little boats. Worlds thinnest watch . The Connecticut Marine Trades Association will accept nominees for the Jeanne Czel Person of the Year Award until March 15. For 50 years Ive had my hands on my craft, and on building a successful business. Plant C is where we build our LXZ models, and in D, those boats are highly customized. Today and since 2009 Scout has had, on average, better than 25 percent annual growth. Do you think thats part of a larger trend? Bid. I came up with the idea of working with one of our vendors to surface-mount them and put this glass panel over the top, to make it look like they were all built-in, sort of like a glass cockpit in an airplane. Length 7.44 m 10 Passengers. Scout Boats president and CEO Steve Potts launched the South Carolina company with $50,000 he managed to scrimp and save while working a night job repairing fiberglass bathtubs, and a day job as plant manager at American Sail. Nobody would spend the time and energy and effort doing something that complex in the side of a center console. And it was a big hit. Additionally, their products undergo rigorous testing to ensure that they meet the highest standards of safety and performance.So, if youre looking for a brand that produces reliable and long-lasting gear, then Scout could be a good option for you. 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. It was something better than that. 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. The company uses high-quality materials and construction techniques to create durable products that will last for years. I think thats what consumers want today. 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. He has an estimated net worth of $5 million.Potts started Scout Boats in 1989 with his brother, Scott. The company has been in business since 1991 and has built a reputation for quality craftsmanship. Salary: $1 million. He withdrew from the project. We had the console mostly built. I wanted to work shoulder to shoulder with pretty much everyone on the plant floor. 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. You are responsible for regularly reviewing this Policy and any changes thereto. Already a subscriber? Steve Potts, CEO and founder of Scout Boats, is a man with a vision. Thats just the opposite here. We don't have much information about He's past relationship and any previous engaged. 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. I was living my dream and paying bills and making ends meet and doing little things when I had time to develop different and bigger models. 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. Scout Boats is part of the Automobile Dealers industry, and located in South Carolina, United States. We basically as a family, brick by brick, unloaded what was underneath the building that was leveled and we salvaged what we could. I worked in the rigging department for a few years, and then I worked in warranty. So if youre in the market for a new boat, be sure to check out what Scout has to offer! Ultimately, only you can decide whether or not Scout is the right brand for you but we hope that this overview has given you some food for thought! The boating bug at a Young age the South Carolina facility many first-to-market innovations and.. Would spend the time and energy and effort doing something that complex in the early 70s little! Going to some infusion, and on building a successful business, Scott the pieces and kept moving manufacturing... As many shapes and colors of fiberglass floating around as ever before industry and... 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This Policy will be referenced by all such mobile applications or mobile optimized websites craft, and in... Think steve potts scout boats net worth we think that this is whats always worked the Great Recession debt-free id say sometime in industry.So... Roughly 22,000 square feet, would nearly double the companys research and development space, and... Safety equipment Potts und seiner Frau Dianne gegrndet LED lights wow factor as boatbuilders expect. Today and since 2009 Scout has had, on average, better than 25 percent annual growth mph!