Parker will remain in North Carolina with its present management team intact.

Correct Craft is expanding again, this time, with the purchase of North Carolina-based Parker Boats.

Parker, which has made centre console, sport cabin, walk-around and dual console offshore and inshore fishing boats for more than 50 years, will benefit from new product and engineering technologies while Correct Craft enters a new market segment with a new product line, according to a company news release.

“Parker has built a grand reputation for strength, simplicity and seaworthiness,” says Parker Boats president Linwood Parker. “I am looking forward to growing and expanding Parker’s production capacity and leveraging Correct Craft’s operational excellence initiatives which will allow Parker to meet our current dealers’ needs and aggressively bring new product to market.”

The company will remain in North Carolina with its present management team intact.

Correct Craft president and CEO Bill Yeargin stated: “We could not be more thrilled to have Parker Boats as part of the Correct Craft family. Parker Boats will enter Correct Craft into a new segment of the marine industry with a compelling product line and brand. More importantly, Correct Craft and Parker’s values are aligned which will help us continue to execute our mission.”