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The business of boating

Pearson Yachts is now Pearson Composites

A well-known boatbuilder has a new, yet familiar, name. Pearson Yachts is branching out on its own, and will be known as Pearson Composites.

Formerly a division of TPI Composites in Warren, R.I., the company will continue TPI’s tradition of building boats, including J/Boats and Alerion Express sailboats and Pearson powerboats, using the patented SCRIMP infusion technology. The Pearson line of True North 33- and 38-foot powerboats was introduced three years ago, and the company is nearing its 100th sale of the family dayboat.

Also, the company recently was awarded a contract to build a fleet of 44-foot sailing vessels for the U.S. Naval Academy.

The Moorings

goes Pacific

The Moorings is expanding its charter operation to the Pacific Northwest, with the help of Anacortes (Wash.) Yacht Charters. The two companies have entered into a partnership as part of The Moorings Preferred Partner program, which was announced at the U.S. Sailboat Show in Annapolis in October. Anacortes is the first to join the program, under which The Moorings will promote its partners through its sales offices nationwide. For The Moorings, the partnership opens up two new locations in the Pacific Northwest — Anacortes Marina and the nearby Skyline Marina.

Tacktick wireless

has a U.S. distributor

British marine electronics manufacturer Tacktick has made Ocean Equipment the official U.S. distributor for its range of wireless networking products for sail- and powerboats. Tacktick’s Micronet navigation systems, which won an innovation award at the International Boatbuilders Exhibition and Conference in October, send data wirelessly from hull transducers and wind transmitters to wireless displays.

Micronet is solar-powered and uses low-power, high-speed radio communications protocol to produce electronics that are waterproof and consume no power, according to Tacktick. The advantages are simple installation, significant weight reduction, and total mobility of display units, according to the company.

Based in Irvine, Calif., Ocean Equipment specializes in the manufacture, sales and distribution of innovative products for the marine and recreational markets.; www.oceanequip

Wealthy Americans

are big on boating

Affluent Americans like to go boating. A survey on national boating trends by Key Recreation Lending, the marine lending division of KeyBank, found 37 percent of wealthy people in the United States either own a boat or are interested in owning a boat in the near future.

When asked the question, “If money were no object, what type of boat would you purchase?” more than half those surveyed who don’t yet own a boat chose a motoryacht or cabin boat, 20 percent a sailboat, 14 percent picked a fishing boat, and 11 percent selected a runabout or ski boat.

The survey was conducted in conjunction with the McDonald Financial Group Affluent Consumer Confidence Index, a quarterly survey that gauges the economic confidence and spending of affluent Americans.

Free Sea Tow membership with some new boats

Breakdowns put a damper on the boating experience, especially when it involves a new vessel. As part of its Sea Care program, Sea Tow Services International now offers free 45-day memberships to anyone who buys a new Sea Pro, Palmetto Custom or Sea Bass boat. The Sea Care program also includes memberships with the purchase of a new Century, Cobia, Kencraft or McKee Craft boat. Members are automatically enrolled in the program upon delivery of their new boats, and are given the option to upgrade the membership to include 15 months of service for the price of 12. Members receive such services as towing, jump-starts, fuel drops and prop disentangling. More information is available by calling (800) 473-2869 or at

Survey sheds light on female boat buyers

Women are savvy when it comes to buying a boat, according to a survey by BoatU.S. and boatbuilding giant Genmar Holdings.

Nearly a third of women surveyed bought a boat without the help of a spouse or significant other. Women also did their homework by visiting boat shows, reading magazines and company literature, and interviewing friends who own boats. Eighty-one percent knew or had a good idea of the model, amenities and price they wanted before shopping, and 54 percent said the builder’s reputation was the major factor in their decision.

The survey, with 25 multiple-choice questions, was posted this year on the BoatU.S. Web site to help improve how women are treated when buying a boat. More than 400 participants logged on, 31 percent of whom were first-time boat-buyers and 40 percent of whom were trading up. Final results are posted at