Inc. was a pioneer in the building of fiberglass yachts. Ericson is no longer in business, but its designs have been reproduced periodically by other manufacturers. Ericson Yachts was founded by Handy and Jenkins in around 1963. They began with molds bought from a defunct builder as well as from an enterprising dump operator. After a year or two of operation, they filed for Chapter 11 bankruptcy and were subsequently purchased by Mark Pitman and Del Walton in 1965. During this period yacht designer Bruce King's first production designs were built. In 1968 Ericson was sold to Pacific American Industries, Roland Mayotte Chairman. Mark Pitman stayed on as President, and Del Walton stayed on as VP of Sales. The company changed hands several more times over the years and finally ceased operations in 1990.
Some of the molds were bought by Pacific Seacraft: the E-26, E-28, E-32, E-34, E-38, and E-43 (never built).
Pacific Seacraft itself was purchased by Southern Californian businessman Jeffrey Emery in September 1998. Ericson yacht owners still maintain a well-regarded website featuring articles on maintenance and the use of the many models.