In 1967, Ulstein Mek Verksted celebrated 50 years. This was thoroughly mentioned in the local and regional newspapers. Ulstein Mek. had around 600 employees in the mechanical industry in the local municipality, in which the total population counted less than 4,000.
The paper Sunnmøre Arbeiderblad summarised the ten years 1957-1967 in this way: "There has been a tremendous development at Ulstein Mek. Verksted. Since the beginning, repair and conversion have been the most important work areas for the workshop, but in recent years, newbuilds have started to dominate. At the same time, other production – such as propeller production - has become important. Over time, the obstacles have always been: To obtain sufficient working staff – and the demand for ever-increasing investments. "
In 1967, Magnulf Ulstein was manager. Inga Ulstein was head of the board, a role she stepped into upon her husband, Martin’s, sudden death in 1948.
The paper Vikebladet commented:
"There was a time when the fishing collapsed, but there was no decline. The fishermen managed to adjust and find new opportunities. More remarkable is that the mechanical industry managed to adjust to new markets, and also entered into an unbelievable growth. What is the story of the mechanical industrial development in the last years?”
Magnulf answered: «Some companies started to build dusjing vessels for Iceland and the Faroes. We focused on constructing car ferries and other smaller steel vessels. In 1962 we started on the rask to convert the sea bus "Romsdal" to "Grand Bahama", which led to expansion of people. One year after, we were assigned the rask to construct the passenger vessel "Poseidon".