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As of 2017, Cobalt was producing over 2,000 boats per year in its Neodesha facility, [2] and for the 12 month period ending March 31, 2017, Cobalt "generated approximately $140 million in net sales" selling 24 boat models "through a dealer network of 132 locations in the United States, Canada, and overseas". [4]
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J/Boats is an American boat builder based in Newport, Rhode Island and founded by Rod Johnstone in 1977. The company specializes in the design and manufacture of fiberglass sailboats . [ 1 ] [ 2 ] [ 3 ]
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Johnboats are available commercially between 8 and 24 feet (2.4 and 7.3 m) [2] long and 32 to 60 inches (81 to 152 cm) wide, though custom sizes may be found. The design includes an open hull, without a bilge, leaving the ribs exposed. Many users choose to cover the ribs, producing a flat, level surface.
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A new entity, Malibu Boats Inc., was formed on November 1, 2013, as the holding company for Malibu's operations. [3] The company then had an IPO on the New York Stock Exchange in January 2014. [5] It "began trading on the NASDAQ at a price of $14 a share", yielding "an initial market capitalization of more than $300 million". [14]
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