Difference between revisions of "Glass Craft"
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− | In 1960, Glass Marine Industries announced a deal with [[Hydrojet|Hanley Hydrojet, Inc.]] to produce a 18' fiberglass jet boat with the Hydrojet drive (May 1, 1960 St. Petersburg Times). Keenan Hanley, inventor of the [[Hydrojet]], was on the board of directors of Glass Marine. Nicholas Savaiano was president of the corporation. 300,000 shares were sold, yielding $451,000 of which $100,000 was planned for plant construction, $50,000 to build up inventory. | + | In 1960, Glass Marine Industries announced a deal with [[Hydrojet|Hanley Hydrojet, Inc.]] to produce a 18' fiberglass jet boat with the Hydrojet drive (May 1, 1960 St. Petersburg Times). Keenan Hanley, inventor of the [[Hydrojet]], was on the board of directors of Glass Marine. Nicholas Savaiano was president of the corporation. 300,000 shares were sold, yielding $451,000 of which $100,000 was planned for plant construction, $50,000 to build up inventory. Litigation ensued as the company came under investigation for mis-use of the stock sale receipts. Accusations were that the company used the money for financing other ventures besides the boat building and marine unit business (Dec. 19, 1960 Milwaukee Journal). |
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File:Glasscraftletter002.jpg|Glass Craft Imperial Press photo | File:Glasscraftletter002.jpg|Glass Craft Imperial Press photo | ||
File:Glasscrafta57001.jpg|1957 Magazine Ad | File:Glasscrafta57001.jpg|1957 Magazine Ad | ||
+ | </gallery> | ||
+ | |||
+ | |||
+ | '''1958 Info:''' | ||
+ | <gallery> | ||
+ | File:Aqualoya58001.jpg|Glass Craft in 1958 Aqualoy Ad | ||
</gallery> | </gallery> | ||
Revision as of 21:59, 9 February 2014
Additional History needed. Please contact us if you would like to contribute to or edit this page.
Glass Craft Boats, Inc.
Fort Dodge, Iowa
History thanks to Lee Wangstead
Glass Craft Boats was begun by Oral and Willard Musick who sold the company in 1957 and went on to found Span America Boats. The boats had been designed by Ray and Arch Sindlinger who went on to form the Ft. Dodge Boat Co., building and selling Cruise-About Boats. Glass Craft later became Glass Marine Industries of Humboldt, Iowa.
In 1960, Glass Marine Industries announced a deal with Hanley Hydrojet, Inc. to produce a 18' fiberglass jet boat with the Hydrojet drive (May 1, 1960 St. Petersburg Times). Keenan Hanley, inventor of the Hydrojet, was on the board of directors of Glass Marine. Nicholas Savaiano was president of the corporation. 300,000 shares were sold, yielding $451,000 of which $100,000 was planned for plant construction, $50,000 to build up inventory. Litigation ensued as the company came under investigation for mis-use of the stock sale receipts. Accusations were that the company used the money for financing other ventures besides the boat building and marine unit business (Dec. 19, 1960 Milwaukee Journal).
The June 25, 1964 Chicago Tribune reported the merger of Glass Marine Industries, Inc. with Plastic Engineers & Consultants of Costa Mesa, California. The article described Plastic Engineers as operating as Glass Laminates, a builder of fiberglass sailboats. A Nov. 12, 1964 Los Angeles Times article described Glass Marine Industries of Costa Mesa as introducing a line of Columbia-40 sailing yachts designed by Charles Morgan of Florida. This was organized as the Columbia Yachts Division of Glass Marine Industries. Additional history can be found at the following link: http://www.pocoyacht.com/history_columbia.html
Model Info:
1954 Info: Thanks to Andreas Jordahl Rhude
1955 Info: Thanks to Andreas Jordahl Rhude
1956 Info: Thanks to Andreas Jordahl Rhude
Brochure thanks to Andreas Jordahl Rhude, Correspondence thanks to Doug Salva
1957 Info:
1958 Info:
1959 Info:
1960 Info