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Suggest a Business. By the end of the year, the newly founded Pearson Yachts had over one hundred employees and was turning out nearly one boat per day. This rapid corporate expansion led to cash flow problems.
They attempted to get approval for an additional stock offering to raise much needed capital, but were unsuccessful. The Pearson cousins left the company in the s, and Bill Shaw became the chief designer. Pearson filed for bankruptcy in From Wikipedia, the free encyclopedia.
Portsmouth , Rhode Island. Carl Alberg William Shaw. Good Old Sailboat Manufacturers In South Carolina Full Boat. Retrieved 3 June Pearson Yachts sailboats. International Categories : Yacht building companies. Namespaces Article Talk. Views Read Edit View history. Help Learn to edit Community portal Recent changes Upload file.
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