Capital Yachts

The company operated as a division of Lindsey Plastics and specialized in the design and manufacture of fiberglass sailboats.

[1][2][3][4] The company was founded by Jon Williams and Bill Smith in 1971 when they purchased the tooling for the Newport series of boats from Elgin National Industries of New York, who owned Newport Boats.

Capital Yachts put the Newport series back into production and also had new boats designed by American naval architect Gary Mull and the Canadian design firm of Cuthbertson & Cassian, famous for the C&C Yachts series.

[1][5] Williams and Smith had their start as sailboat dealers in the area of Santa Monica, California, before moving into manufacturing.

[1] In a 2010 review Steve Henkel noted that the company was focused on low-price over quality construction using iron keels in place of lead ones.