Carroll Marine

Carroll Marine Ltd. was a prominent American builder of high-performance fiberglass sailboats, specializing in offshore racing and custom race boats that blended speed, durability, and innovative construction techniques. Founded by sailing enthusiasts Janice and Barry Carroll, the company focused on series-built vessels using advanced composites like carbon fiber and E-glass, targeting competitive sailors and offshore cruisers. Based in Bristol, Rhode Island, Carroll Marine produced over 700 sailboats and powerboats for a global market, collaborating closely with renowned designers like Bruce Farr to create award-winning models such as the Farr 395 and Tripp 40. Known for its meticulous craftsmanship and racing pedigree—evidenced by multiple class wins and offshore successes—the yard emphasized lightweight yet robust hulls for superior handling in heavy weather. Operations ceased in 2003 amid industry shifts toward larger production runs, but Carroll Marine's legacy endures through active fleets and strong resale values in the used market.
History
Carroll Marine Ltd. was established in 1984 in Warren, Rhode Island (later relocating to Bristol), by Barry Carroll—a Rear Commodore of the Royal Ocean Racing Club and seasoned racer—and his wife Janice, who shared a passion for high-performance sailing. The couple, leveraging Barry's expertise in composite engineering and racing, aimed to fill a niche for affordable yet competitive offshore boats during the 1980s IOR (International Offshore Rule) era. Starting in a modest facility, they quickly partnered with Farr Yacht Design, launching the Farr 30 and Farr 395, which dominated regattas like the SORC (Southern Ocean Racing Conference) and Fastnet Race.
By the early 1990s, Carroll Marine had expanded to a 20,000 sq ft yard, employing 30–40 skilled craftsmen and producing 30–50 boats annually. The company navigated the shift from IOR to IMS/IRC rules by introducing versatile racer-cruisers like the Tripp 40 and Farr 40 (the latter becoming a benchmark one-design class). Economic challenges in the late 1990s—rising material costs, competition from European imports, and a softening U.S. market—strained operations. In 2003, after nearly 20 years, the Carrolls made the difficult decision to close, selling assets (including molds) to ensure employee transitions and supplier payments. Barry Carroll reflected on the closure as a "graceful bow," emphasizing ethical wind-down.