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Correct Craft was released from Chapter 11 at the start of the year in 1965. Subsequently, the Corps of Engineers offered Correct Craft a $40,000 settlement to drop the previously filed complaint. [5] Correct Craft released its first Ski Nautique boat, the first fiberglass ski boat, designed by Leo Bentz, in 1961.
In 1961 Correct Craft released the original Ski Nautique, the first fiberglass ski boat of its kind designed by Leo Bentz. [1] It was the world's first tournament inboard ski boat and paved the way for the modern day watersports boat.
1961 Correct Craft Ski Nautique. This was the first year of regular production. In the early days of water skiing, the preferred boats of skiers were inboards built by Chris-Craft, Century Resorter, and Correct Craft. Among these, the Correct Craft Atom Skier was the most popular. However, these boats produced wakes that were larger than desirable.
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The Kenneth M. Duberstein Stock Index From January 2008 to December 2012, if you bought shares in companies when Kenneth M. Duberstein joined the board, and sold them when he left, you would have a -32.1 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
MasterCraft's founder Rob Shirley was a young waterskiing instructor who opened a waterskiing school in Florida in 1965. In 1968, with the help of a few fellow waterskiers, he modified a Ski Nautique boat manufactured by Correct Craft.
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