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Timex Group USA, Inc. (formerly known as Timex Corporation) is an American global watch manufacturing company founded in 1854 as the Waterbury Clock Company in Waterbury, Connecticut. In 1944, the company became insolvent but was reformed into Timex Corporation. In 2008, the company was acquired by Timex Group B.V. and was renamed Timex Group USA.
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: Owner and CEO - Jupp Philipp Franck Muller: 1992 Geneva: Private company Franck Muller Frédérique Constant SA: 1988 Aletta and Peter Stas Geneva: Subsidiary of Citizen Holdings
Eardley Norton, a most highly esteemed member of the Clockmakers' Company, was working between 1762 and 1794. There are clocks by him in the Royal Collection and many museums worldwide. Norton made an astronomical clock for George III which still stands in Buckingham Palace.
An exception is Timex and Oris [5] [6] who in the 1960s produced fully jeweled pin-pallet watches. By 1980 inexpensive quartz watches took over the market for low-end watches which pin pallet watches had dominated, and production ceased. Quartz technology is gradually replacing the last uses of pin pallet movements in timers and alarm clocks.
Timex Group B.V., or Timex Group, is an American - Dutch holding company headquartered in Hoofddorp, the Netherlands and Middlebury, Connecticut. [ citation needed ] It is the corporate parent of several global watchmaking companies including Timex Group USA, Inc. , [ 1 ] TMX Philippines, Inc., and Timex Group India Ltd.
The first Swiss quartz clock, which was made after World War II (left), on display at the International Museum of Horology in La Chaux-de-Fonds. During World War II, Swiss neutrality permitted the watch industry to continue making consumer time-keeping apparatus, while the major nations of the world shifted timing apparatus production to timing devices for military ordnance.
Piaget SA (French pronunciation:) is a Swiss luxury watchmaker and jeweller. Founded in 1874 by Georges Piaget in the village of La Côte-aux-Fées, Piaget is currently a subsidiary of the Swiss Richemont group. [3] Piaget was founded as a manufacturer of watch movements but began marketing its own line of watches in the 20th century. [4]
Manufacture Jaeger-LeCoultre SA, or simply Jaeger-LeCoultre (French pronunciation: [ʒeʒɛʁ ləkultʁ]), [2] is a Swiss luxury watch and clock manufacturer founded by Antoine LeCoultre in 1833 and is based in Le Sentier, Switzerland. [3] Since 2000, the company has been a fully owned subsidiary of the Swiss luxury group Richemont. [4]