The Century Boat Company was founded in 1926 at 333 W Beecher Street in Milwaukee, Wisconsin by two brothers, James and William Welch, who excelled in building wooden plank hulls for speed.

The company operated a fleet of white tractor-trailers to deliver boats from Manistee to its dealerships.

On March 6, 2012, Yamaha announced it had sold Century Boats back to an American company, Allcraft Marine, based at Dawson Drive, Dade City, Florida.

Allcraft Marine sold a controlling interest in Century Boats to Sorfam Capital in March 2020.

Sorfam and its new CEO, Skip Sorenson, invested in brand repositioning, marketing, dealer recruitment, as well as facility enhancements and expansion.

The firm's production facility in Zephyrhills, Florida builds offshore, inshore, and lake boats - suited for fresh and saltwater - and primarily powered by Yamaha outboard engines.