Majority of Grady-White Boats' Profits to Be Directed to Charitable Endeavors

Majority of Grady-White Boats' profits to be directed to charitable endeavors

A long-time manufacturer of premium offshore boats has been given to a perpetual purpose trust, ensuring its owner’s philosophy of customers and employees first remains unchanged.

Grady-White Boats transitions to perpetual purpose trust

Grady-White Boats is transitioning to a perpetual purpose trust. Owner, Eddie Smith, says this transition will protect the company's values, employees and commu

Sell the famed boat company for $400 million? He’s giving it away instead.

Back in 1968, Eddie Smith Jr. bought a fledgling boat maker based in North Carolina. It was a risky move. The company, Grady-White Boats, was in trouble.

Sell the company for $400 million? He’s giving it away instead.

Back in 1968, Eddie Smith Jr. bought a fledgling boat maker based in Greenville, North Carolina. It was a risky move. The company, Grady-White Boats, was in trouble. The post Sell the company for $400 million? He’s giving it away instead. appeared first on West Hawaii Today.

Grady-White's Owner Turned Down $400 Million to Give the Company Away Instead

Eddie Smith could have sold Grady-White Boats for more than $400 million. The post Grady-White’s Owner Turned Down $400 Million to Give the Company Away Instead appeared first on On The Water.