Pearson Yachts was conceived in 1958, revolving around the vision of two cousins, Tom and Everett Pearson, who offered the sailing community the first production boat built of fibreglass, a 28-foot sloop named Triton. The company was founded in Rhode Island, USA. Pearson yachts gained popularity due to their durability and cutting-edge design, navigating their way to become one of the most esteemed names in the industry, quickly earning a distinguished reputation for manufacturing high-quality, performance-oriented sailing vessels. In the 1980s, Pearson Yachts witnessed market turbulence and despite their laudable attempts to maintain a viable business, they ceased production in 1991. This closure was, in no small part, due to new boat manufacturers entering the market with economic boats fabricated from affordable materials, introducing strong competition for Pearson. Today, Pearson models continue to be highly valued by sailing enthusiasts, and used models continue to exchange hands amongst sailors appreciating their traditional appeal, robust craftsmanship and impeccable performance. Pearson, however, no longer exists as an active company, with the Pearson name and moulds passing to a company named TPI Composites, initially a subsidiary of the original Pearson Yachts entity. This company is based in Warren, Rhode Island, continuing the Pearson legacy through their work in the composite industry.