In 1974 Jim Leishman, Dan Streech, and Joe Meglan founded a small yacht brokerage firm in Dana Point, California, that would eventually evolve into Nordhavn Yachts, then known as Pacific Asian Enterprises. All three men became interested in the yachting business because of their personal love of yachting. By the late 1970s, the company decided it was time to begin building their own sail boats in addition to selling those made by other companies. Towards the end of the 1980s, the company decided to go forth in an entirely new direct, and began designing powerboats. The unique style was most similar to North Sea fishing trawlers which led to the name Nordhavn, which means North Harbor in Norwegian. Sales were slow at first because the idea of a powerboat was still quite new in the yachting industry. Throughout the 1990s, the company continued to grow. During the past ten years the economic ups and downs have been felt by the company but the last quarter of 2009 brought new orders and 2010 has seen a welcome uptick in business. Over there more than thirty years in business, the company has produced more than eight hundred yachts and have won numerous industry awards.
While the company was founded in California, they have always outsourced production. Production has been completed by a variety of companies in Taiwan, the United States, and China. Most production now occurs in China where the company recently built a new factory located on 21 acres in Xiamen. This facility will give the company to create super yachts up to 1,000 tons and 200 feet. The company is constantly looking for ways to improve their existing models and designing new models that will please their customer base. This focus on the future, a debt free business model, and outsourcing where necessary indicates the company will be producing quality yachts for at least another thirty years.
To find the price of a new Nordhavn it is best to contact one of the company sales offices which can be found in all regions of the United States as well as in Europe and Australia. Previously owned Nordhavn yachts range in price from between about $900,000 to about $4 million.
- Moderately priced for their size.
- The company is sound financially, leading to the conclusion that it will be available for years to honor warranty and service contracts.
- Most of the construction is outsourced
Some of the models that are currently in production include the Nordhavn 40, Nordhavn 43, Nordhavn 47, Nordhavn 52, Nordhavn 55, Nordhavn 56 MS, Nordhavn 60, Nordhavn 62, Nordhavn 63, Nordhavn 64, Nordhavn 75 EYF, Nordhavn 78, Nordhavn 86, and Nordhavn 120.
Yachting enthusiasts from around the world have continued to purchase yachts from Nordhavn even while other yachting companies were seeing their sales diminish to the point of having to close the doors. This indicates just how popular these yachts are and the expectation of the yachting world that the company will continue to deliver yachts that boaters love to sail.