Between 1905 and 1975 211000 canoes were assigned serial numbers by Old Town. Keeping in mind that production varied with the time of year, the economy, that this includes all canoes and boats, and also includes the early fiberglass canoes, Old Town produced an average of 2970 boats per year, or 11 per day (assuming a 5 day work week - early days may have had a six day week...).
So yes, Old Town did have that much production going on at times.
Dan