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A company created in 1958, Pearson Yachts quickly became a high production builder of sailing yachts. At one time building a boat every day, types of fiberglass boats sold under the Pearson Yachts name ranged from the 12-foot Petrel to a 53-foot vessel. Controlled by Grumman Allied Industries since 1961, Pearson Yachts was sold to a private investment company in 1986 that would incorporate large powerboats in later years. Pearson Yachts history ended 1991 but the several brand names of the marine company would combine into another manufacturer.