That makes Scout something of an outlier in the boat building business, government data shows. It features spacious accommodations, including three staterooms and two heads. He has an estimated net worth of $5 million.Potts started Scout Boats in 1989 with his brother, Scott. And with its large workforce and favorable trade agreements, its an ideal place to build boats for the global market.Of course, some people may be concerned about buying a boat thats made so far away from home. Copyright 2023 Boating Industry I understand that. We started hearing more from people who say they want a center console sometimes, and sometimes they want more protection. Potts Sr.: That goes along with what I call the wow factor. 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. Without doing carbon or epoxy, that wouldnt have been possible. Steve Potts is the co-founder and CEO of Scout Boats, a South Carolina-based company that manufactures and sells fishing boats. 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. 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. Q: This segment has been one of the few weve seen make a rebound. Great place to learn and build your future like to come back and further my career if your willing to work to grow scout boats is the place for you and your parents Was this review helpful? Potts Sr.: The 330 stands on its own as far as the type of boat it is. <br><br>Serial investor in people - consistent track record of growing the careers of software engineers to principal and . He is a member of famous with the age 54 years old group. Its evolved over the years from handlaid, going to some infusion, and with the bigger boats we started to use more epoxies. Are you expanding your current footprint or adding buildings? I welded some brackets, mocked up and laminated and basically made a one-off mold for a balcony, and put it on the side of the 42 prototype hull that we had in R&D. Steve Potts, Scout Boats, Inc. Tim Schiek, Sea Ray Group Doug Smoker, Smoker Craft, Inc. Mark Speaks, Yamaha Watercraft Group Paxson St. Clair, Cobalt Boats Jeff Stone, Skeeter Boats Inc. Rick Tinker, Skiers Choice Peter Truslow, Edgewater Power Boats Bill Yeargin, Correct Craft, Inc. Steve Potts Height, Weight & Measurements At 54 years old, Steve Potts height is 170 cm . They want to enjoy it, they want to use it, and after its three or four years old they dont want it to sit out there and not be used because its all ragged out. Weve also spent a fair amount of money to get some new CNC cutters. During that two-year period our competitors hardly came out with anything. 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. 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. 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. 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. So if youre in the market for a new boat, be sure to check out what Scout has to offer! Has that given companies like yours an edge that it will be difficult for others to catch up with? The 330s got a really cool interior, along with the unique seating layout with the transom seat. Copyright 2023 Great Lakes Boating | Published by Harris Publishing, Inc. The answer may surprise you Do you think the smaller companies will emerge most healthy from this lingering downturn? We had aggressively grown double digits every year. Again, Ive learned what not to do. 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. Net Worth in 2022. Share on Linked In 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. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. -Steve Potts, president and CEO of Scout Boats Inc. "Scout Boats is a great example of South Carolina-grown entrepreneurship. 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. 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. 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. I worked there after school and in the summer in my teen years. So I did. Its a neater, cleaner operation. 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. Theres a lot of big-boat-itis out there. 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. But we came out of the period between 2008 and 2010 with 18 new models. Ralph O. Experience. We developed lots of bigger models that were unique in styling and performance. And if youre looking for a boat that can handle rough waters, Scouts deep-V hull is up to the task. My feeling is that in a lot of those cases its somewhat of a bean-counter mentality. 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. AT THE HELM From our 17' series to our 530 flagship, from our center consoles to dual consoles, from the luxury offshore sportfishers to the inshore/offshore bay boats every model has the boatbuilding stamp of CEO and founder Steve Potts. Scout Boats has grown steadily for the last 22 years and now builds fishing and day-cruising boats from 14 to 35 feet. As an Amazon Associate, We may earn from qualifying purchases. Im proud to see our family of employees grow over the years, and proud to see them grow within the company. 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. Epoxy is a different animal in that its got to be post-cured. Scout boats are definitely a high-quality option when it comes to choosing a boat. 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. The yacht Scout was built by Hakvoort in 2019.The 83m (209ft) yacht is designed by H2 Yacht Design.. Scout Boats employs over 400 team members at the Summerville facility.The companys commitment to quality craftsmanship is evident in every aspect of the manufacturing process. I personally studied the art of boatbuilding and taught myself how to do it better for 20 years. Steve Potts has been working as a Owner at Scout Boats for 34 years. The cross between these two popular recreational marine mainstays allows one to enjoy amenities on this collection normally only found on much larger sportfishers. Scout has revolutionized the coastal fish boat market. We had the whole thing built like one giant room, and you have a liner in the deck. Scout Boats is part of the Automobile Dealers industry, and located in South Carolina, United States. Photo Left to Right: Alan Lang (Scout Boats), Steve Potts (Scout Boats), Rep. Nancy Mace, and Russ Tomlinson (Sportsman Boats) Membership . . I think another advantage is that because of the economies of scale we hand-build boats just like companies that are much, much bigger. The company was founded by Potts and his wife Dianne in 1989. 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 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.. Another facility is planned that, at roughly 22,000 square feet, would nearly double the companys research and development space. I think some web designer was trying to be just a little too cutesy. COLUMBIA - 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. @smunet.net @scoutboats.com Steve Potts Phone Number Found 5 phone numbers: 843278XXXX . LXF for us is luxury fishing vessels. Early on, we were scrutinized, especially by our competition, that it was too pretty. He is from United States. 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. In fact, Scout Boats have won numerous awards for their design and performance.So why Thailand? 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. Owner @ Scout Boats Inc. Upgrade the standard upholstery package to the Brisa or Italia package, maneuver with confidence in tight spots with the proportional bow thruster, and enjoy a cockpit table or fighting chair alongside your optional electric grill. 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. It takes a lot of infrastructure for you to be a player in that style of boat. This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. 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. 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. Logistically, its been a challenge to make our facilities a safe place to work. He has an estimated net worth of $5 million. Q: Scout has been a real success story during some tough times. 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. Other notable systems include an anchor windlass wash down hose, water heater, Kohler generator, electronic bow table with filler cushion, and air conditioning. In the hotly contested and competitive market were in, theres so many choices, sometimes its just that one wow factor that wins them over. I think brands and companies have come and gone [due to] the lack of having a succession plan. The companys most recent expansion, a $13 million project, is for production of the 530 LXF flagship. Link in, The demand for luxury boating experiences and o, Business jets all have one major drawback. He withdrew from the project. That mindset should be part of the culture in your dealership, too, especially post-pandemic. 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. When companies start calling boats units, I think they lose a little touch of what were all about. Theres a specification for each build that is unique to that build. Overhead, a bar-rel vaulted ceiling paneled with tongue-and-groove wood planks is reminiscent of an inverted ship's hull. Do you think thats part of a larger trend? It was, I guess, from famine to feast. This vessel is a great option for those who want quality and comfort. The 420 rivals even some of the larger luxury sportfishing machines with its appointments, technology and attention to detail. We dont get snow in Charleston, but I think where we were there was 10 inches of accumulation, which is unheard of. It was a galvanized shed with a dirt floor. It has more of a sporty look. Steve Potts,. Please check your email for the latest full issue link. But people wanted to live for the moment. The bottoms of all of our fiberglass lids were polished. He and his wife, Dianne, began building 14- and 15-foot boats out of a brick barn in 1989. From the beginning, we made the decision that we were going to hand-lay everything we built. 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. They offer an impressive lineup of vessels, from small fishing boats to large yachts, and their customer service is top-notch. 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+ employees over the next 12 months) across an expanded multi-building campus as their headquarters. Seven or eight years ago, we started paying a lot more attention to the creature comforts. We put the pieces back together. 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. 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. A: For our brand, Scout still builds from 17 feet to now 42. 97 views, 4 likes, 0 loves, 0 comments, 1 shares, Facebook Watch Videos from SkipperBud's: Why Scout Boats? Your email address will not be published. Youll have more flavors as far as options. Special attention was given to the interior design of the 330 Dorado. The running surface is second to none. 0 for charter 2 for sale. As a boatbuilder, theres a difference. 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 company has been in business since 1991 and has built a reputation for quality craftsmanship. Over 400 hours were put into testing the epoxy-infused double stepped hull developed for this model. 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. Were very driven as a group. What, Engineered to travel off the beaten track in total. Table of Contents. How gracefully that brand ages and the reputation of the brand is really tied to what their investment and resale value would be. Scouts LXF Collection is comprised of luxury sportfish models that showcase a unique blending of high-performance fish boats with high-end cruisers. Steve Potts doesnt reflect a lot on the history of Scout Boats, but the Mount Pleasant, S.C., builders 25th anniversary this year prompted him to take a look back at what has led to Scouts double-digit post-recession annual growth. When I graduated high school, I didnt go to college. 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. It allows me to focus on what the next three, five and 10-year plan is for the company. That mindset should be part of the culture in your dealership, too, especially post-pandemic. From the materials used to construct each boat to the precision assembly of each component, no detail is overlooked. All these T-tops had always been made out of round tubing and straight sticks, and we put curve in our T-tops. Ever since Steve Potts founded Scout Boats with his wife Diane in 1989, he's been driven to build better boats. 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. Q: And that plant will cost $2.5 million? 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. As you get into plant B, which builds from 27 feet up to 35 feet, those are more customized. Q: Youre adding factory space. 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. No one else in the industry has even come close. 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. Keeping customers coming back is a high priority at Walt Disney World. However, Potts picked up the pieces and kept moving. 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. Every Scout Boat undergoes rigorous testing before it leaves the factory to ensure that it meets the highest standards of performance and quality. 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. Potts Sr.: In March and early April, everybody was scared to death there was going to be serious headwinds like in 2008. It was really myself, my wife, and at the time my 12-year-old son, who today is the vice president of development, and my 9-year-old daughter. Steve and his wife Dianne had a dream of starting a boat company. Required fields are marked *. Highest Scout Rank: Distinguished Eagle Scout, Silver Buffalo . 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. The sold-out NMMA boat show will feature more than 400 boats on display, an increase of 40% over last years event. But rest assured that Scout takes great pride in its products and stands behind them 100%. Scout has revolutionized the coastal fish boat market. 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. Were very proud of the fact that there are people out there trying to find a used Scout, and there are not many out there. Steve Potts (center) works with the design team, including Stevie (seated, right of his dad). It started with sweeping the floor to grinding molds outside a lot of the nasty work, but I certainly appreciated a job. 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