In the late 80's and early 90's when most of you were still teen-agers, there used to be high end yachts called Lager Yachts, mostly 40' and above. They were semi-built in the Philippines.
I met the owner/designer Ron Lager many years ago in a boat show when I was looking around for a used boat. He is a yacht broker now (Lager Yacht Brokerage). He quickly spotted me from a crowd as Filipino and eagerly talked to me about his days in Bataan. He told me the hulls and rigging were made elsewhere and shipped to Bataan. Assembly and woodworks were done there by highly skilled workmen then the finished yachts were shipped again to the US. I think his business came down together with most boat manufacturers when they introduced that infamous luxury tax but he was not able to recover. He said that the Filipino woodworkers in Bataan that worked for him were the best in the world.
You can still see some of those yachts in www.yachtworld.com
being sold. Search on 'Lager'. There are two of them right now.