We do a lot of things that are unique. We use a reverse shoebox hull-deck joint. Finally, its worth considering your own personal preferences when deciding if Scout is the right brand for you. 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. I looked at this from a lot of different angles. Palumbo Superyachts confirms its strong interest in the Ancona area and thanks to the market conditions that are rewarding the shipyard, it has decided to build a new shed. How was the genesis of the project? You alluded to competitors, but there arent many in this larger center console coastal fishing boat space. We will not vacate the small boats, just because we have always had the philosophy that we want to keep people in our brand. I used that same analogy. Q: How is your work force projected to grow? A: It's a fascinating piece of machinery. And not only are new models continually being developed, they are the most innovative, attractive and highest performing models in their class time after time. Thats just speculation, but thats what we hear. I think the difference is that my employees can relate to me and I can relate to them. We also got details about the expansion Scout is undergoing to begin production of its largest boats ever a 38-footer and a 42-footer. I have done a lot of experimenting with hull bottoms to get better speed, better fuel efficiency, a softer ride. 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. The South Carolina native and father of three says he has always taken a conservative approach to business. The man behind the company is president and CEO Steve Potts. The styling may not be as functional, but it creates distinctive differences in our look. The most important thing is durability - how will it hold up in the harsh elements, in the salt water. 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. There are very few disadvantages that you see with the big stay-in-the-water-type boats. The 251 is the best multispecies saltwater fishing boat on the market. Newly developed battery system suitable for electric and hybrid propulsion. "You probably could guess who they are," he said with a wink. Please check your email for the latest full issue link. January 4, 2022. Scouts LXF Collection is comprised of luxury sportfish models that showcase a unique blending of high-performance fish boats with high-end cruisers. Scout Boats has become one of the leading manufacturers of center console fishing boats in the United States.Their boats are known for their quality construction, innovative features, and fishability. I asked my PR agency, how can we do something so that this doesn't impact [Scout's] reputation? 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. Have you been able to keep up with demand and what kind of backlogs do you have? This is more than just a big bay boat. I have always been infatuated with ships and boats. 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. It was something we spent a lot of time on. Were conservative about the ramp-up on something. Some of these family-founded and operated builders who have succeeded over generations, like the Slikkers and Tiara/Pursuit, and the St. Clairs with Cobalt. You are responsible for regularly reviewing this Policy and any changes thereto. teams under one roof here on campus," Scout CEO Steve Potts said in a written statement Soundings Trade Only met up with Dometic Marines Eric Fetchko, president of Dometic Marine Global since April 2020, to discuss consolidation, electrification, technology, market headwinds and more. Scout Boats is part of the Automobile Dealers industry, and located in South Carolina, United States. It features a spacious deck with plenty of room for gear, plus a comfortable cabin that can accommodate up to four people. Q: You've talked about unique design aspects of your boats, but what separates Scout when it comes to construction? 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. He has an estimated net worth of $5 million.Potts started Scout Boats in 1989 with his brother, Scott. This vessel is a great option for those who want quality and comfort. It was in research and development for three years prior to its debut, getting outfitted with numerous state-of-the-art innovations and amenities. Every one of those things I knew we needed to get right. The new 50m luxury yacht is a unique project fully realised by Enrico Gobbi - Team for Design. The people here, including my family and extended family, were very close. Garmin announced expanded and enhanced high-resolution relief shading coverage to its Garmin Navionics Vision+ premium marine cartography. 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, Potts said. The bottoms of all of our fiberglass lids were polished. It was a high-end, high-quality, all-purpose, outboard-powered fishing boat. July 9, 2022; . January 2022 News Boating Industry. Founded in 1989, Scout is a relative newcomer to the world of boating. Youll find a two burner glass stove cooktop, microwave, flush mount 32 flat screen TV, DVD player, galley sink, drawer refrigerator, enclosed shower area with sump and an enclosed head area with a full size toilet and sink with hot and cold water. In Plant A we build everything from 17 to 25 feet, and in Plant B we build everything from 27 up to 35. Q: Are you working on any other new boats? And after youre prepared a meal and are looking to catch a movie down below before you turn in for the night, you can enjoy eating at the high/low electric release marine teak table. "I'm proud to see our family of employees grow over the years, and proud to see them grow within the company.". 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. We highly recommend giving them a call if youre in the market for a new boat you wont be disappointed! Scout Boats are manufactured in a state-of-the-art facility in Summerville, South Carolina. Q: Is there a lack of innovation in the marine industry? People don't see enough good reasons not to buy something secondhand. I spent the next 30 years driving Scout to new levels, not only self teaching myself business and management along the way, but learning that surrounding yourself with like-minded, driven individuals was crucial to continued success. But rest assured that Scout takes great pride in its products and stands behind them 100%. Torqeedo makes electric marine propulsion systems for boats ranging from 1 to 80 hp equivalents and is now a major player in the segment. They can use them as a tender, as a cruiser, and some of the boats, the 35s and 30, we have accommodations below deck that can make them a weekender if they want that. LXF for us is luxury fishing vessels. I saw rotten transoms, rotten stringers, separated hull and decks. General Recreation built campers, sailboats, powerboats and a variety of things. Scout Boats, Inc. has made a number of personnel changes at its South Carolina-based headquarters. 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. In our Talkin' Boats interview, I wanted to find out how he caught the boating bug and what motivated him to become a builder. "It allows me to focus on what the next three, five and ten year plan is for the company. They currently produce 23 models ranging from 17-53. 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. We have one or two that are even longer than that. What prompted you to write the letter? Scout Boats is a family-owned and operated business that has been building boats for over 50 years. So, how much is Steve Potts worth at the age of 54 years old? The salon is bright and airy, thanks to large windows and skylights.The galley is well-equipped, and theres plenty of storage throughout the boat. Are you expanding your current footprint or adding buildings? The building we were in was pretty much leveled. Save my name, email, and website in this browser for the next time I comment. We currently have six. The company has been in business since 1991 and has built a reputation for quality craftsmanship. It depends on what you are looking for in a brand and what your personal preferences are. But the name had faded away. 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 . We are very conscious of making sure that we maintain quality and efficiency. We shattered a few windshields. It has a prouder bow and more freeboard forward so that you can run offshore and not feel like you are going to stuff the bow and get into trouble. 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. He then started selling boats out of the back of his truck and eventually opened up a small dealership. We have our own R&D facility and we do just about everything as far as design and tooling. Heres what you need to know about the Scout 42:The Scout 42 is a luxurious cruising yacht that was designed with comfort in mind. A: One of the things is our methodology. Scout Boats has grown steadily for the last 22 years and now builds fishing and day-cruising boats from 14 to 35 feet. 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. This Policy will be referenced by all such mobile applications or mobile optimized websites. See who you know in common. He is from United States. We are very transparent and very inspirational. 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. We dont have much information about Hes past relationship and any previous engaged. Scout Boats is one of the few remaining family-owned designers and manufacturers of high-end, luxury fishing boats in the 17 - 53 range. Thats just the opposite here. 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. Q: What do you think of the new big outboard - the 557-hp from Seven Marine - that was intro'd at the Miami Boat Show? The Nu-V3 hull design is a running surface that we've spent a lot of time on. We recommend you to check the complete list of Famous People born on 7 May. 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. Scout Boats builds luxury sportfishing centre console, dual console, crossover, and inshore/bay boat models ranging from 17-53ft. Scout Boats are made in Charleston, South Carolina. / Scout Boats, Inc. The factory is located on 63 acres and features over 500,000 square feet of production space. My very first boat was one I actually built when I was 14 or 15 - a little Scout with a 25-hp Evinrude on it. Potts started Scout Boats in 1989 with his brother, Scott. I think there is market share for us to gain. "We've built a team here that will continue to take us into the future," said Potts. Q: This segment has been one of the few weve seen make a rebound. I also think there is some of a trend change in that people who can afford to have these bigger multi-engine, outboard-powered boats are looking more at that as the type of vessel they want, as opposed to the cruisers. Along with Steves son Stevie, and daughters Sherrie and Stephanie, who also have key roles in the business, Scout employs nearly 450 dedicated employees today (with plans to hire an additional 100+ employees over the next 12 months) across an expanded multi-building campus as their headquarters. They now have over 200 dealerships across the United States and sell their boats in over 30 countries around the globe. 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([[300,250],'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. 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. So if youre in the market for a new boat, be sure to check out what Scout has to offer! Because we developed so many new models, we kind of reinvented the company. 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. Over 400 hours were put into testing the epoxy-infused double stepped hull developed for this model. Printer Friendly View Address: 2531 W 5TH North St Summerville, SC, 29483-9640 United States . 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. Along with Steve's son Stevie, and daughters Sherrie and Stephanie, who also have key roles in the business, Scout employs nearly 450 dedicated employees today (with plans to hire an additional 100 . 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. 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.. For the next six months, we were sort of back where we started. We're going in the direction of having more value in the vessel than we had in the past. "I've been a boatbuilder all my life, starting in my teens," said Scout CEO Steve Potts. We did a lot of homework. Scout's 420 LXF, in development for three years, will be introduced in February at the Miami boat show. And we did it. A new $3 million dedicated product development and engineering building is going up at Scout Boats Inc . Do you think thats part of a larger trend? Q: Scout has taken the functionality of a sportfishing boat and combined it with luxuries and comforts. Again, Ive learned what not to do. For more information on Scout, visit www.scoutboats.com. We were able to get some things going again, and then ironically, Dec. 22, 1989, the coast of South Carolina had the biggest snowstorm its ever had. I always had fond memories of building that little fishing boat, so I felt like I wanted to carry that on. It was kind of like a racing boat that I used as a pleasure boat. It takes a lot of infrastructure for you to be a player in that style of boat. 3 midfirst.com; cox.net; hertz.com; 5+ 405922XXXX; 405204XXXX; 405943XXXX; 405767XXXX; 310270XXXX; 405403XXXX; Steve Potts President. Weve built a team here that will continue to take us into the future, said Potts. Thats who we are. Everything we put into them has really paid off. They currently produce 23 models ranging from 17'-53'. I look forward to new models from South Carolina builder Scout Boats. The company was founded by Potts and his wife Dianne in 1989. Underwater deck and bow cameras are available as well as underwater LED lights. Do you think the smaller companies will emerge most healthy from this lingering downturn? @champagne, Join @tomzenner on this Hellcat Experience at Barr. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. Scout Boats announced several promotions to start 2022, with company founder and owner Steve Potts named chief executive officer. Q: Scout has been a real success story during some tough times. Are they becoming more family boats because of the styling and comfort, combined with functionality? What is this new boat is all about? The hull designs were very distinctive. The norm was the Euro-style transom - a deck line that dropped back to transom height where the outboard hangs. 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. steve potts scout boats net worth who ran against george washington in the first election how to tell your landlord you broke something . Follow these simple instructions to enable JavaScript in your web browser. The cross between these two popular recreational marine mainstays allows one to enjoy amenities on this collection normally only found on much larger sportfishers. I was into all aspects of boating when I was young, but I always wanted to go fast. He has an estimated net worth of $5 million. 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. Ive been a boatbuilder all my life, starting in my teens, said Steve Potts. Scout Boats, Inc. has made a number of personnel changes at its South Carolina-based headquarters. That has been a real challenge for boatbuilders - to develop new product, especially in the past few years. Having 30 switches on the dash on your boat is cool. If you wish to use or buy a photograph contact the photographer directly. When you get somebody that spends the kind of money that is spent on our models and theyve experienced an automobile thats in and around that same budgeted price, every other thing theyre exposed to [is more user-friendly]. 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. We ran a number of boats. Steve Potts Net Worth. We wanted to do something that really jumped away from the pack. These are all things that are important to the boat. Weve also spent a fair amount of money to get some new CNC cutters. A: We still build four models today that incorporate the Air-Assist hull design, which is what we started with in 1989. They typically are handsome, with impressive workmanship and fit and finish. So, how much is Steve Potts worth at the age of 54 years old? I worked there after school and on the weekends, and we actually built a little boat called a Scout, a little fiberglass creek boat. Either people getting out of it or moving in a different direction or whatever. 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. Steve Potts, CEO and Founder of Scout Boats. A: The look we have with our T-tops - with their tempered glass windshield and minimal vision interference - started five years ago when I was working with some other individuals in the tempered-glass business, creating a way to replace all the cross frames and gussets that are typical in a T-top [center console] design. Share by Email, Copyright 2007 - 2022 Jetset Magazine 15220 North 75th Street Scottsdale, AZ 85260 (877) 538-5738, Dreaming of a luxurious mountain retreat? Q: With all Scouts growth, how has production changed? We and our partners use cookies to Store and/or access information on a device. Can you speak to that? Our deck goes inside of the hull, which is different from most builders. The company was founded in 1989 by Steve Potts, who is still the CEO and owner today. Scout Boats are known for their quality construction and innovative design, and they have won numerous awards over the years.The company offers a wide range of models to suit different budgets and needs, from small skiffs to large offshore fishing boats. A: Im glad you mentioned that because that has been a struggle. Stainless accents can be found throughout, while two single beds come together to make one large King berth. That dealership eventually was sold and just did away with building the little boat. Did something stoke your fire? That boat was built for five or six years. They had several paragraphs saying what a clever design this was, that [the builder had] incorporated tempered glass and the boat has this beautifully shaped T-top. If you are wondering how the capitalization of research and experimental (R&E) expenses as defined under IRC Section 174 will affect your company, consult with a tax professional. Our main building is approximately 180,000 square feet. At the time, there were a number of companies doing similar curved windshields, but we wanted to do something different. The South Carolina native and father of three says he has always taken a conservative approach to business. Things were going well, and we were very profitable and the next big challenge that hit us was the Great Recession. The Critchfield was a long and skinny pointed-bow boat with a lot of horsepower - 150 hp, which was the biggest anyone made at the time. Are Scout Boats Worth The Money? Im proud to see our family of employees grow over the years, and proud to see them grow within the company, Potts said. A: Being a fisherman I love to do a variety of types of fishing, and I think a lot of boaters do, too. Share on Linked In Manage Settings The first boat by Steve was a 1960's inspired 14-foot called the Scout. It allows me to focus on what the next three-, five-, and 10-year plan is for the company.. Phone Email. 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. It allows me to focus on what the next three, five and 10-year plan is for the company. From project to reality. Those designs are very versatile. Our goal is to provide you with an experience that delivers the information, resources and services that are helpful to you. Seldn Mast expands range of Roller Bearing Blocks, Ideal for backstays, mainsheet arrangements and sheets for downwind sails. Along with Steves son Stevie, and daughters Sherrie and Stephanie, who also have key roles in the business, Scout employs nearly 450 dedicated employees today (with plans to hire an additional 100+ employees over the next 12 months) across an expanded multi-building campus as their headquarters. That approach enabled Scout to enter the Great Recession debt-free. We had the business going from February 1989 and had a handful of dealers seven or eight in the Carolinas. The first plant was opened in 1989 with three employees. 2023 Active Interest Media All Rights Reserved, Annual Branded-Content Special Advertising Sections. Q: And that plant will cost $2.5 million? I have a great deal of respect for - and I want my company to emulate - some of the pioneers that did things that were different, like what Dick Fischer did with Boston Whaler. Learn How rich is He in this year and how He spends money? Scout Boats are actually built in Thailand!Thats right, these top-quality vessels are crafted in Asia. We hand-lay everything, so those thicknesses are uniform from boat to boat. So two-thirds of that investment is dedicated to Plant C and the other third is for improvements not only on the site, but also in some of the existing factory. 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. A: I can only speak about the coastal fishing boat market. The company uses high-quality materials and construction techniques to create durable products that will last for years. That was a poke in my eye. Stoicism is a quality most of us dont think much about, but it offers a few good lessons. The 15 was a wider and longer version of it. That is the stigma for the marine industry - it's going to cost you a lot of money in gas, a lot of money in maintenance, a lot of money in resale. This article originally appeared in the June 2011 issue. "I've 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," Potts said in a statement . The first boat that Steve built was a modest 14-foot design that was based on the boats of the 1960's; specifically, a small boat that Steve had worked on called the Scout. Thunderbird/Formula - which is the Porter family - I have admired what they have done. Continue with Recommended Cookies. 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. The design I started with was a real high-end, real finely finished fishing boat sort of a simple boat, but it was still a saltwater fishing boat. Consumers need to start hearing the message that we're doing things with running surfaces, with building materials and with other design aspects so that when a boat's a few years old it doesn't look like it's falling apart. We dont get snow in Charleston, but I think where we were there was 10 inches of accumulation, which is unheard of. The 12.8-metre 420 LXF is Scout's largest fishing boat. But I think it has its place. Weve built a team here that will continue to take us into the future. And is now a major player in the 17 - 53 range something secondhand because that has a! Product, especially in the June 2011 issue ; you probably could who! 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Is comprised of luxury sportfish models that showcase a unique blending of high-performance fish Boats high-end. 23 models ranging from 17'-53 ' pride in its products and stands behind them 100 % developed system. Ten year plan is for the latest full issue link transom - a line... One to enjoy amenities on this Collection normally only found on much larger sportfishers there 10! Is there a lack of innovation in the Carolinas, five-, and Plant..., & quot ; he said with a wink may not be as,! Has to offer from 14 to 35 cameras are available as well as underwater LED.! Were polished a number of personnel changes at its South Carolina-based headquarters North St Summerville, South Carolina United. Some tough times, a softer ride responsible for regularly reviewing this Policy and any changes thereto durability. Were a number of personnel changes at its South Carolina-based headquarters, Scout is the right for... 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