03-23-2008
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Join Date: Jan 2008
Location: Elliott Bay Marina, J 28 Seattle, WA
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check out the [owner group here]
Interestingly:
" Here are a couple of notes from the official Whittaker Corp history ( - Eric):- 1967 Columbia becomes a subsidiary of the California based conglomerate, the Whittaker Corporation. I have a brochure from this period and it shows a picture of Dick Valdes, president, with Bill Tripp..
- 1972 Columbia changes from a subsidiary of Whittaker Corporation to a division of Whittaker Corporation. Evidently, this is when Richard Valdez's association with Columbia ended.
It is my understanding from Valdes that he sold Columbia to Whittaker to provide much needed revenue for expansion. It was in 1975 or 1976 when Richard Valdes left Columbia/Whittaker. Part of the sales agreement was that he stay out of the business for five years, which he did. When the non-compete period ended, he started Lancer Yachts in Irvine, CA.
In 1982, I again visited Richard Valdes at Lancer Yachts. He expressed to me the same story that when he left Columbia, part of his buy out agreement was that he was not to go into sailboat manufacuturing for five years. Later, Valdes left Lancer Yachts and then partnered with someone else to start Endeavor Yachts. Endeavor, I believe, closed in 1989.
Also, as I recall, Richard Valdes' brother was working with him in the early 70s and then left after they sold to Whittaker. His bother the moved to Florida to start Irwin Yachts."
source: LINK
I just found the above to be compelling in understanding how some well regarded brands got started...
And on that note - by morning you'll get some actual experiences... mine are merely from internet searches... good luck with your upcoming purchase if it fits the bill...
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-- Jody
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Last edited by artbyjody; 03-23-2008 at 04:37 AM.
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