Hodgdon Yachts is noted for building superyachts, both sail and power, using advanced composite materials and construction techniques. It's also noted for its ability to incorporate those advanced materials into traditional designs that employ modern electronic and mechanical marine systems. The company has several divisions—yachts, custom tenders, yacht interiors, yacht services and military composites with offices in Boothbay, Maine, Newport, Rhode Island and Monaco.
In 1816, founder, Caleb Hodgdon with brother Tyler, added boatbuilding as "Hodgdon Brothers" in East Boothbay on the Damariscotta River to Caleb's sawmill and gristmill businesses with the construction of a 42-foot "pinky" fishing schooner, Union, launched in 1818.
The business built most of its notable vessels under the name, "Hodgdon Brothers", through the 1970s and then, with the advent of Timothy Hodgdon and diversification, continued under the corporate banner of "Hodgdon Shipbuilding."
According to wikipedia