Farrier had patented a hull folding system in 1975, and designed and built the company's first product, the Corsair F-27.
In 1994, John Walton sold Corsair Marine to Paul Koch who was the company's Australian Dealer at the time.
In 2006 Corsair Marine relocated headquarters and production facility from California to Ho Chi Minh City (HCMC), Vietnam, to reduce costs.
Vietnam was chosen for its political stability, FDI (foreign direct investment) provisions, booming economy, and its pool of talented labour.
Some staff from California relocated to Vietnam to facilitate the migration of the business and the setting up and running of the factory.