The first hammer forge was probably built in 1482 on the River Ohra. In 1592 the mill was bought by Tobias Albrecht, since when it has been named after him. The works originally had three huge iron hammers which were raised by the motion of a water wheel.

The mill made iron products such as scythes, sickles, ploughshares, lances and swords. Later, it also carried out copper processing; washbowls, washtubs, kettle drums, brewing implements, pots, cans and pans were made. The kettle drums, which were produced into the late 20th century, were made from a single piece of copper, forged under the tilt hammer and still set a standard today in terms of their sound.