During discussion of the area’s history, citizens expressed a strong interest in preserving the community’s history of wooden boat building. the boat building school was included as a cultural component of the hollering place concept plan which was adopted by the city in december 2008.. Wooden yacht building, though, has made tremendous strides in the last thirty years, as new wood construction technologies and a revival of interest in wooden boats have spurred sales. maine’s boat builders now make up a 2/3 of a billion dollar industry, building boats in wood, fiberglass, aluminum, and steel.. A boat displaces its weight in water, regardless whether it is made of wood, steel, fiberglass, or even concrete. if weight is added to the boat, the volume of the hull drawn below the waterline will increase to keep the balance above and below the surface equal. boats have a natural or designed level of buoyancy..