Fassmer-Shipyard this year celebrates its 150th year in business, and the companies' chronology is literally a case study in the effective use of and evolution of marine materials. Founded as a one-man boatyard by Johann Faßmer in Bardenfelth in 1850 for the purpose of boat building, the company has evolved from a one-man shop producing wooden boats for hydraulic engineering and fishery to a dynamic medium-sized company, which today builds everything from a 177 ft. (54 m) fishing surveillance craft to a wide range of lifeboats, tenderboat and fast rescue boats for the cruise and ferry markets. Fassmer-Shipyard was literally built of wood, wooden boats that is, and the company served the aforementioned commercial market for its first 30 years admirably.