Old Town Canoe Company is a historic maker of canoes in Old Town, Maine. The company had its beginnings in 1898, in buildings constructed in 1890 for a shoe business, and was incorporated in 1901. Old Town entered the canoe market as a builder of canvas-covered wooden canoes. In the latter half of the 20th century, the company adopted more modern materials to maintain competitiveness. The company's plant was located along the Penobscot River.

Old Town was the largest and best known American canoe manufacturer. It was the leading manufacturer in the world before competitors such as Grumman pressured it by adopting aluminum for manufacture after World War II. It adjusted by moving to using fiberglass and plastic in the 1960s. Old Town also produces kayaks.

The first canoe built by Old Town Canoe was constructed in 1898 behind the Gray hardware store in Old Town, Maine. Unlike the pioneering canoe businesses established by E.H. Garrish, B.N. Morris, and E.M. White, the Grays were not canoe builders themselves, but were entrepreneurs who hired others to design and build their canoes. The Old Town factory on Middle Street was purchased on October 23, 1901, by brothers Herbert and George Gray along with George Richardson. It was run as a family business until 1974.

The origins of canvas canoes can be traced to Maine and early canoe makers such as E.H. Gerrish and C.B. Thatcher of Bangor, B.N. Morris of Veazie and G.E. Carleton and E.M. White of Old Town, Maine. White's brother-in-law, E.L. Hinckley, became his working partner and provided the capital to open a large shop in Old Town, employing several men. The Carleton Canoe Company of Old Town built batteaux and bark canoes in the 1870s and "appears to be the only one of the batteaux and/or bark builders who switched to building canvas canoes and as such was the only one who brought any previous boat building experience to the industry." In addition to White and Carleton, there were several smaller companies building canvas-covered canoes in the town of Old Town when the Old Town Company began its venture. Carleton and White were later bought by the Old Town Canoe Company.

In 1905 a court dispute, Old Town Canoe v. William C. Chestnut, was heard over whether enticements to immigrate were given to skilled canoe laborers from Old Town who went to Canada's Chestnut Canoe Company.

In 1910, Old Town purchased the Carleton Boat and Canoe Company. When the Carleton factory on South Main Street in Old Town burned on May 17, 1911, all of their canoe building was consolidated with Old Town Canoe. Old Town continued to print Carleton catalogs and sell Carleton canoes into the early 1940s, thus creating a dual system of distribution that permitted them to have more of their products in the marketplace.

In 1917, Old Town entered the sportfishing market with the introduction of a square-sterned model for the "detachable motor" that was gaining popularity. By 1923, they became the first distributor of Johnson outboard motors.

In 1954 approximately 130 workers went on strike in a dispute over wages that topped out at about $1.08 an hour.