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Home > Company Index > Automotive & Transport Equipment > Pleasure Boats > Fountain Powerboat Industries, Inc.

Fountain Powerboat Industries, Inc.
Nasdaq: FPWR
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 PROFILE
Fountain Powerboat Industries builds offshore sport powerboats, sport cruisers, and sport fishing boats for aquatic speedracers with deep pockets. Through its Fountain Powerboats, Inc., subsidiary, the company makes high-speed boats for recreation and for the US government. Its boats range in size from 27 feet to 65 feet and typically sell from $79,000 to $545,000. Sport boats account for about 70% of sales. The company sells its boats to dealers and the US Navy, US Customs Service, and the US Coast Guard. It manufactures its boats in Beaufort County, North Carolina. Founder Reggie Fountain, a professional speedboat racer, owns about 45% of the company and has options that would give him more than 50% if exercised.

 COMPETITION
Brunswick Corporation (BC)
Genmar Holdings, Inc. (dossier)
Marine Products Corporation (MPX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 57.50
1-Yr. Sales Growth: 7.7%
Employees: 390
Revenue per employee: $147,435.90

 KEY PEOPLE
• Reginald M. Fountain
    CEO
• David A. Simmons
    CFO

 CONTACT INFO
Whichards Beach Rd.
Washington, NC 27889
US
Phone: 252-975-2000
Fax: 252-975-6793
Online: Web Site

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