Alerion Yachts Bought by Peter Johnstone
December 3, 2017
Rhody Beat: Alerion Yachts has emerged from the dissolution of Warren [Rhode Island’s] US Watercraft with a new, well-known owner and a familiar builder.
Peter Johnstone stepped up recently to buy the luxury daysailing brand out of US Watercraft receivership proceedings.
What’s more, Ron Borges, founder of US Watercraft at the former TPI facility in Warren, will build the Alerion boats at a new plant he has established in North Kingstown.