Nearly half a century ago Buck Pegg founded a Fiberglass Fabricators is a small shipyard for the construction of an exclusive at the time of composite boats. The first batch (three 5-metre housing) sold out quickly, approving of the Tank in the thought that new materials will replace steel and wood — we just have to improve the technology of forming and not be afraid of innovation. Which he does, for over 10 years experimenting with the contours of buildings, "licking" their most successful models. In 1976, Fiberglass Fabricators, grown by that time into a major shipyard, renamed Chaparral and transferred to Nashville. However, a real "springboard" for Chaparral was the year 1977, when Buck Pegg made a deal with the Pro-Director Jim lane. According to the mutual contract Pegg is now focused on the production of, and lane was responsible for everything else - sales, marketing and customer service. Although the workshops did remains low (6-14 m) bowrider, "Cuddy-cabin" and the cruisers, innovative design and consistent quality of the boats brought them 9 award winning "Boat of the year", 29 awards from the society of consumers of USA and others. Currently, there are about 250 000 Chaparral's.