In the next issue of Soundings, meet Capt. Paul Spencer, the founder of Spencer Yachts, builder of high-quality and fast sportfishing boats.
Spencer, 56, launched his business in 1996 under a tin shed with no power or plumbing in Manns Harbor, N.C.
Today, his Wanchese, N.C., company builds handsome custom cold-molded sportfishing boats from 37 to 87 feet, blending Carolina flare with Florida styling, and ranging from $1.3 million to $9 million. His company has 125 employees.
Click play for a look at Spencer and his work.
In our Talkin’ Boats Q&A, he talks about his passion for boats, fishing and speed; and his appreciation for efficiency and a smooth ride. Three of his five children — Stacey, Cliff and Daniel — work in the business, which includes repair and maintenance, a metal fabrication shop and brokerage. Spencer lives in Manteo with his wife, Shelly.
He grew up in the sportfishing world around Oregon Inlet, N.C., working as a deckmate in his teens. He received a captain’s license when he was 20 and sold the first boat he built — one meant for personal use — before he’d even finished it.
Spencer keeps up with the times, using lightweight composite core materials and the latest in propulsion technologies. He has built an 87-foot boat with four pod drives and joystick helm control. But Spencer likes smaller powerboats, too, which explains the 26-foot center console on which his company is putting the finishing touches.