Chris-Craft Industries, Inc., formerly National Automotive Fibers, Inc., was a publicly held American corporation that was traded on the New York and Pacific Stock Exchanges. In 1962, the company adopted the name of one of its acquisitions, Chris-Craft Boats, which was founded in the late 19th century and became famous for mahogany-hulled powerboats in the 1920s through the 1950s. Chris-Craft Industries also went into broadcasting, owning television stations via its subsidiary BHC Communications and co-founding the UPN TV network.