Lockley Newport Boats
Lockley Newport Boats was an American boat builder based in Newport Beach, California. The company specialized in the design and manufacture of fiberglass sailboats. The company was founded in 1964 and went though several name changes and changes of ownership prior to going out of business in 1988. History. The company was founded as Newport Boats in 1964, building a line of sailing dinghies and small daysailers. An east coast factory was established in Gloucester, Virginia to provide boats for that market. The company was acquired by the Browning Arms Company, a firearms manufacturer and later by  Elgin International. In 1976 the company was bought by Lockley Manufacturing and was renamed "Lockley Newport Boats". In 1981 the name was changed again to Gloucester Yachts. The company went out of business in 1988. The molds for a number of the designs built by the company were later bought by Classic Yachts of Chanute, Kansas and produced, including the Gloucester 22 and the Lockley-Newport LN-23, which were built until 2000. In a series of 2010 boat reviews Steve Henkel criticized the company's work, calling the quality of construction "so-so", noting that they were aimed at a  budget market and that "the low cost is obtained partly by offering what is usually standard equipment as optional". Boats. Summary of boats built by Newport Boats, Lockley Newport Boats and Gloucester Yachts: