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It was too little and too late. The Thompson creditors in 1966 forced the sale of the company and Saul Padek got control of all the stock for less than $4,000 cash layout. The Thompson family was out of the boat business at Peshtigo. Under Padek's ownership Thompson Bros. Boat Mfg. Co. declared chapter 11 bankruptcy in September 1966. Padek ...
Carver Yachts was founded in 1954 in Milwaukee, Wisconsin, when Charles "Charlie" Carter and George Verhagen started building mahogany runabouts in a factory on South 27th. The popular myth that they started building boats in the backyard garage is not true.
Rand & Burger Shipyard Advertisement Three Burger Steamship Ferries 1890. The company grew and in an effort to leverage the building of larger steamships in 1872/3 Henry Burger Sr. took on a partner, Mr. Greeneleaf Rand, an established shipbuilder in Manitowoc, having been superintendent of the Manitowoc Dry Dock Company and partner at Hanson & Rand Shipyard, [4] forming Rand & Burger Shipyard ...
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