ranks among the largest yacht builders in Europe. Bavaria is located in Giebelstadt, Germany. The company was founded in 1978 to produce sailing yachts that optimized price for performance. By 2006, the company had grown to producing approximately 3,500 sailing and motor yachts and employing 600 people. Bavaria Yachtbau is one of Europe's largest yacht manufacturers and is the biggest yacht yard in Germany. Bavaria is also one of the top three global market leaders for yachts ranging from 30 to 56 feet. Bavaria makes use of modern manufacturing processes to reduce price. Assembly line production is employed for hulls and decks. As the deck fittings are mounted, the hulls are fitted on two assembly lines. An air-conditioned lamination hall, by temperature and humidity monitoring, aids in the yacht construction while hull and deck molds go through an 18-stage production. Sandwich-laminate technology is used on the part of the hull that sits above water and in the deck, which improves stiffness and eliminates condensation. The sizes of Bavaria sailing yachts range from 33 to 50 feet in overall length. Today Bavaria Yachtbau GmbH has about 600 employees in Giebelstadt, with about 150 people working in the administration department. The yard in Giebelstadt is more than 656,000 square feet with approximately 230,000 square feet of production area.