, often called "America's Boat Builder," was located in Portsmouth, Rhode Island, USA. This long-time yacht design business closed its doors for good in 2008. Crafters of semi-custom sailing and motor yachts, Alden Yachts received the Steve Collins "All Around Winner" award at the 2002 Newport International Boat Show. One of the yachts displayed at the show featured the new epoxy composite standard for both sailing and power construction, where epoxy resin is combined with E-Glass, Kevlar, or Carbon Fiber laminates. Ariel, a longtime commissioned Alden yacht, won the "Second in Class" finish in the 14th Marion to Bermuda Race. Power yachts are sized between 40 and 60 feet long, and sailing yachts are sized between 43 and 72 feet long. The company was started by John G. Alden, who began his design career as an apprentice with B. B. Crowninshield (MIT Class of 1889) in 1902 and became a productive designer and experienced sailor by the time he departed to start his own Boston design office in 1909. His initial success was modest until he won his first Bermuda Race with Malabar IV in 1923. Alden’s subsequently won the Bermuda Race in 1926 with Malabar VII and Malabar X in 1932. His yacht design and manufacturing business enjoyed much fame and success for many years, until its closure in 2008.