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Palmer Johnson Yachts history
Palmer Johnson Yachts company history timeline
Palmer Johnson's rich history spans more than 100 years, back to 1918 when Sturgeon Bay Boat Works began.
1926 – Sturgeon Bay Boat Works builds its first sailing yacht.
1928 – Hans Johnson's son Palmer builds the company's first wooden yacht.
Founded as Sturgeon Bay Boat Works at the end of World War I, the company was renamed Palmer Johnson Yachts in 1956.
1961 – Pat Haggerty, founder of Texas Instruments, buys Palmer Johnson.
1962 – The first aluminum boat is built – Isanti – for a Manitowoc banker.
Palmer Johnson Yachts spun off a company named Palmer Johnson Distributors in 1977, which was later renamed Palmer Johnson Power Systems and is now based in Sun Prairie.
1979 – Launching of the Fortuna for King Juan Carlos of Spain, the most advanced 86-foot aluminum boat at that time.
1979 – Atlanta sportsman Ted Turner's Palmer Johnson sailing yacht Tenacious wins the ill-fated Fastnet Race in which storms wreak havoc and yachts and lives are lost.
1992 – Company buys the former Thunderbolt Shipyard and Marina property in Savannah, Ga., expanding its service facilities from Sturgeon Bay and Racine to the East Coast.
1998 – In reaching its 80th birthday, PJ celebrates with the launching of La Baronessa, the largest aluminium yacht built in the US.
Craig Parsons, 2nd generation family ownership, joins PJ. Palmer Johnson Distributors changes name to Palmer Johnson Power Systems and is entirely separate from Palmer Johnson Yachts which sold in 2000.
Palmer Johnson marches south & west adding locations through acquisition, culminating with the purchase of NA D’arcy in California in 2002.
2003 – Now owned by Internet billionaire Andrew McKelvey, the company files for bankruptcy and is purchased by Timur (Tim) Mohamed, a former professional cricket player from Guyana.
2004 – Introduction of the Sportyacht series, starting with the PJ 120 Coverdrive.
2012 – The SuperSport series is launched, next-generation carbon-fiber yachts with a revolutionary hull design considered faster, more efficient, stable and spacious.
Outfitted with six cabins and boasting a pool and helipad, the Lady M was christened in 2013, making it one the final vessels launched from what were then the Palmer Johnson Yachts shipbuilding facilities in Sturgeon Bay.
Meanwhile, the yacht business, which had moved its headquarters to Monaco, shuttered its Sturgeon Bay shipyard in 2015.
Palmer Johnson closed its Door County operations in 2015. (Credit: Marisa Wojcik / PBS Wisconsin)
PBS Wisconsin is a service of the Wisconsin Educational Communications Board and the University of Wisconsin-Madison. © 2022 All Rights Reserved.
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Palmer Johnson Yachts competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Burger Boat | 1863 | $27.0M | 350 | 4 |
| Trinity Yachts | 1988 | $150.0M | 600 | - |
| Controls Southeast | 1962 | $45.0M | 200 | - |
| Critchfield Mechanical | 1977 | $56.0M | 500 | - |
| INDUSTRIAL PROCESS SOLUTION | - | $300,000 | 1 | - |
| Dearborn Mid-West | 1947 | $75.0M | 114 | - |
| Webb-Stiles | 1956 | $29.5M | 100 | - |
| STEALTH Concealment Solutions, Inc. | - | $7.0M | 20 | - |
| Conveyors | 1974 | $40.0M | 180 | - |
| Universal Dynamics, Inc | - | $4.9M | 50 | 27 |
Palmer Johnson Yachts history FAQs
Zippia gives an in-depth look into the details of Palmer Johnson Yachts, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Palmer Johnson Yachts. The employee data is based on information from people who have self-reported their past or current employments at Palmer Johnson Yachts. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Palmer Johnson Yachts. The data presented on this page does not represent the view of Palmer Johnson Yachts and its employees or that of Zippia.
Palmer Johnson Yachts may also be known as or be related to Palmer Johnson Yachts and Palmer Johnson Yachts LLC.