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Arnie Gray sold his portion of G-W Invader boat factory to George Wooldridge before he moved to Tampa, Florida where he lived until he died in 1997. Transfer of ownership after sale to Mr. Wooldridge has been mentioned but not substantiated. Roger Harmon bought the company in 1985, and later sold it in 1995 to a Muncie, Indiana-based investment ...
In 2006, the Formula 240 Bowrider won Powerboat Magazine's "Boat of the Year." Formula Boats are also renowned for their racing history. In 1985, Scott Porter raced the 302 SR-1 "Secret Formula" to win the Southeast Divisional Championship. Boats from the Formula catalog won the World Championships for the American Power Boat Association in 2003.
Majestic Star Casino was a casino property consisting of two gaming boats on Lake Michigan in Gary, Indiana's Buffington Harbor, owned and operated by The Majestic Star Casino, LLC. They opened in 1996 as two competing casino boats, sailing for gambling tours on alternate hours, until in 2002 Indiana legalized gambling on stationary boats. [ 1 ]
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As of 20 June 2015, the 68-acre Jeffboat shipyard is owned by American Commercial Lines Inc. (ACL), a company also based in Jeffersonville, Indiana. Mark Knoy is the CEO. In turn, Platinum Equity owns ACL, the largest inland shipbuilder in the United States, building both river barges and ocean barges.
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