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In the late 1970s, Paul Vogel who inherited the company from his father came back to Europe and decided to sell the Solvil et Titus brand. The European activities became part of Swiss Ebel while the Asian activities and all the watch brands themselves were sold to Hong Kong entrepreneur Joseph Wong and are now part of Stelux Holdings.
1899: Upon his death, Léon Gallet bequeaths a sum of 43,000 Swiss Francs (today equivalent to approx. 1,000,000 US dollars) to the town of La Chaux-de-Fonds, of which 25,000 Swiss Francs is used for the construction of the Musée international d'horlogerie (International Museum of Watch Making).
The "Watch Valley" covers all the Swiss Jura Arc, from Geneva to Basel, and is the primary location of the Swiss watch-making industry.Beginning initially in 15th century Geneva, the cradle of the European time keeping industry, and spreading north east through the Jura Mountains, the great majority of the companies related to the Swiss watch-making industry were first established.
Excelsior Park 1866 [2] Saint-Imier [2] Jules-Frédéric Jeanneret [2] F. P. Journe: 1999 Geneva: François-Paul Journe Geneva: Private Favre-Leuba: 1737 Abraham Favre Solothurn: Federation of the Swiss Watch Industry: 1982 Bienne: Jean-Daniel Pasche Fortis (Swiss watchmaker) 1912 [1] Grenchen [1] Walter Vogt [1] Grenchen 40 Privately held company
A modern watchmaker at his workstation; he wears a magnifying loupe to more easily see the small parts of a watch A watchmaker's lathe in use to prepare a decorative watch component cut from copper. A watchmaker is an artisan who makes and repairs watches. Since a majority of watches are now factory-made, most modern watchmakers only repair ...
Jewel bearing of a balance wheel, supported by a lyre-shaped spring. The Incabloc shock protection system is the trade name for a spring-loaded mounting system for the jewel bearings that support the balance wheel in a mechanical watch, to protect the wheel's delicate pivots from damage in the event of physical shock, such as if the watch is dropped.
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In 1865, at the age of 22, George Favre-Jacot began manufacturing watches under his name at a small workshops in Le Locle, Switzerland. After witnessing the success of American watch companies Waltham and Elgin utilizing mass production to sell affordable and reliable timepieces, he invested heavily in his own company to create a vertically integrated watchmaking operation, becoming the first ...
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