Yamaha Motor Corporation, Kennesaw, GA., recently purchased the assets of Precision Propeller Inc., (PPI) with plans to retain its employees, while making capital investments and processes for the production of marine propellers. The new company will be known as Precision Propeller Industries, Inc.
According to Yamaha, the variety of propellers that will be supplied by the Indianapolis, IN-based company will allow Yamaha to better meet the needs of its customers, which include more than 120 independent boat builders throughout the United States and Canada.
“The decision to purchase Precision Propellers will greatly benefit Canadian dealers,” said Rick Layzell, national sales manager, marine & OPE for Yamaha Motor Canada. “Yamaha will now be able to significantly accelerate development and expansion of Yamaha props designed around Yamaha outboards.”
Layzell continued to explain that ultimately Canadian dealers and consumers will see even higher levels of customer satisfaction as they power their boats with Yamaha outboards and equip their outboards with the right prop from the beginning of their experience.
Precision Propeller, Inc. opened in 1969 as a propeller repair company. In 1980, the company began producing custom-made propellers under the owner and founder Jim Booe.
“I am convinced that Yamaha will take this business to the next level,” said Booe, founder of PPI. “I could think of no better way to assure PPI's continued growth in the marine industry.”
Layzell also said the transition between Yamaha and Precision will be seamless as the engine company has been distributing props designed by PPI for several years.
“A truly exciting element here will be the rapid expansion and availability of new models designed to deliver optimum performance of Yamaha outboards,” said Layzell.