1956 Company formed as Perry Submarine Builders by John H. Perry Jr., Publisher of the Palm Beach Post Times Newspaper and 26 other Florida and Bahamian Newspapers. Initial operations were housed in the Lantana, Florida Boatyard. While at this location, the three man Company designed and built the early “Perry Submarines”. These were small 1 and 2 man submarines named PC-1, PC-2 and PC-3 series which ranged in depth capability from 150 ft of sea water (FSW) to 600 FSW.