Former Hacker Boat Co. owner dies

— The man who resurrected the luxurious Hacker Craft antique boat business has died.

William Morgan, 84, died Feb. 21 at Glens Falls Hospital.

It was Morgan who purchased the Hacker company and brought it to Hague.

The Hacker Boat Co. was formed by John Hacker in the early 20th century in Detroit, and boomed with success up through the Roaring ’20s, expanding to Mount Clemens, Mich., and even selling a 40-foot runabout to the King of Siam in 1930.

The Great Depression crippled the business, though.

A Hacker business partner later took over the company, changing its name to the Albany Boat Co., but the firm continued to struggle as cheaper boats became popular with the general public.

Morgan, who lived in the Bolton area, operated Morgan Marine, located on Silver Bay on Lake George. He bought Hacker in 1959.

Hacker now has sales offices in Hague and a production plant in Ticonderoga. Hacker boats cost $200,000 to $400,000 today. The company built 16 in 2011.

“We at the Hacker Boat Company and Erin Investments would not have the honor today of building Hacker-Craft boats had years ago Bill not taken the risk of buying and resurrecting a defunct trademark,” Hacker Boat Co. President and CEO George Babcock said in a statement.

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