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Illinois Watch Company
The Illinois Watch Company was founded on December 23, 1870, in Springfield, Illinois, by John C. Adams, John Whitfield Bunn (1831–1920), and various additional financiers. Twenty years later, Jacob Bunn Jr., (1864–1926) took over and ran the company until his death in 1926. The Bunn family surname was used in their most famous railroad watch, the Illinois "Bunn Special". The company was sold to Hamilton Watch Company. in 1927 and ceased to manufacture watches in the USA in the mid 1930s. History The history of the Illinois Watch Company contains three distinct institutional chapters: The Springfield Watch Company The corporation was established as the Springfield Watch Company by John C. Adams of Massachusetts, and John Todd Stuart, William B. Miller, Dr. George Pasfield, John Whitfield Bunn, John Williams, and George N. Black, all of Springfield, Sangamon County, Illinois. John Todd Stuart served as the first President of the new corporation, which had been capitalized ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Springfield, Illinois
Springfield is the capital of the U.S. state of Illinois and the county seat and largest city of Sangamon County. The city's population was 114,394 at the 2020 census, which makes it the state's seventh most-populous city, the second largest outside of the Chicago metropolitan area (after Rockford), and the largest in central Illinois. Approximately 208,000 residents live in the Springfield metropolitan area. Springfield was settled by European-Americans in the late 1810s, around the time Illinois became a state. The most famous historic resident was Abraham Lincoln, who lived in Springfield from 1837 until 1861, when he went to the White House as President of the United States. Major tourist attractions include multiple sites connected with Lincoln including the Abraham Lincoln Presidential Library and Museum, Lincoln Home National Historic Site, Lincoln-Herndon Law Offices State Historic Site, and the Lincoln Tomb at Oak Ridge Cemetery. Springfield lies in a valley and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The Financial contagion, economic contagion began around September and led to the Wall Street Crash of 1929, Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide Gross domestic product, gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Established In 1870
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Watch Manufacturing Companies Of The United States
A watch is a portable timepiece intended to be carried or worn by a person. It is designed to keep a consistent movement despite the motions caused by the person's activities. A wristwatch is designed to be worn around the wrist, attached by a watch strap or other type of bracelet, including metal bands, leather straps or any other kind of bracelet. A pocket watch is designed for a person to carry in a pocket, often attached to a chain. Watches were developed in the 17th century from spring-powered clocks, which appeared as early as the 14th century. During most of its history the watch was a mechanical device, driven by clockwork, powered by winding a mainspring, and keeping time with an oscillating balance wheel. These are called ''mechanical watches''. In the 1960s the electronic ''quartz watch'' was invented, which was powered by a battery and kept time with a vibrating quartz crystal. By the 1980s the quartz watch had taken over most of the market from the mechani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benrus
Benrus is an American watchmaking and lifestyle company founded as a watch repair shop in New York City in 1921 by Romanian-American Benjamin Lazrus and his two brothers. Benrus watches were worn for decades by the U.S. military from World War II through Vietnam. History The name "Benrus" is a portmanteau of the name of cofounder Benjamin Lazrus. In the 1920s the company transitioned from watch repair to the manufacture of watchcases and assembly of completed watches using imported internal components from La Chaux-de-Fonds, Switzerland. During World War II, the company stopped manufacturing watches and switched to the manufacture of timing systems (e.g. fuses) used in munitions. In the 1940s and 1950s, Benrus released the Sky Chief (a chronograph), the Dial-a-Rama, the Wrist Alarm and a bracelet watch called Embraceable. In the early 1950s, Benrus failed in a hostile takeover of Hamilton, and subsequently lost a legal battle with Hamilton in which Benrus had acquired Hamilton ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elgin National Watch Company
The Elgin National Watch Company, commonly known as Elgin Watch Company, was a major US watch maker from 1864 to 1968. The company sold watches under the names Elgin, Lord Elgin, and Lady Elgin. For nearly 100 years, the company's manufacturing complex in Elgin, Illinois, was the world's largest site dedicated to watchmaking. History The company was first incorporated in August 1864 as the National Watch Company in Chicago, Illinois, by Philo Carpenter, Howard Z. Culver, Benjamin W. Raymond, George M. Wheeler, Thomas S. Dickerson and W. Robbins. In September of the same year, the founders visited the Waltham Watch Company in Waltham, Massachusetts and successfully convinced seven of Waltham's watchmakers to come to work for their new company. The growing young city of Elgin, Illinois, some 30 miles northwest of Chicago, was chosen as the factory site. Initially, as part of the deal, the city was asked to donate 35 acres (142,000 m2) of land for the construction of the fac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Watches
The history of watches began in 16th-century Europe, where watches evolved from portable spring-driven clocks, which first appeared in the 15th century. The watch was developed by inventors and engineers from the 16th century to the mid-20th century as a mechanical device, powered by winding a mainspring which turned gears and then moved the hands; it kept time with a rotating balance wheel. In the 1960s the invention of the quartz watch which ran on electricity and kept time with a vibrating quartz crystal, proved a radical departure for the watchmaking industry. During the 1980s quartz watches took over the market from mechanical watches, a process referred to as the "quartz crisis". Although mechanical watches still sell in the watch market, the vast majority of watches have quartz movements. One account of the origin of the word "watch" suggests that it came from the Old English word ''woecce'' which meant "watchman", because town watchmen used watches to keep track of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Movement (clockwork)
In horology, a movement, also known as a caliber or calibre (British English), is the mechanism of a watch or timepiece, as opposed to the ''case'', which encloses and protects the movement, and the '' face'', which displays the time. The term originated with mechanical timepieces, whose clockwork movements are made of many moving parts. The movement of a digital watch is more commonly known as a module. In modern mass-produced clocks and watches, the same movement is often inserted into many different styles of case. When buying a quality pocketwatch from the mid-19th to the mid-20th century, for example, the customer would select a movement and case individually. Mechanical movements get dirty and the lubricants dry up, so they must periodically be disassembled, cleaned, and lubricated. One source recommends servicing intervals of: 3–5 years for watches, 15–20 years for grandfather clocks, 10–15 years for wall or mantel clocks, 15–20 years for anniversary clock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary Seconds
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wrist Watch
A watch is a portable timepiece intended to be carried or worn by a person. It is designed to keep a consistent movement despite the motions caused by the person's activities. A wristwatch is designed to be worn around the wrist, attached by a watch strap or other type of bracelet, including metal bands, leather straps or any other kind of bracelet. A pocket watch is designed for a person to carry in a pocket, often attached to a chain. Watches were developed in the 17th century from spring-powered clocks, which appeared as early as the 14th century. During most of its history the watch was a mechanical device, driven by clockwork, powered by winding a mainspring, and keeping time with an oscillating balance wheel. These are called ''mechanical watches''. In the 1960s the electronic ''quartz watch'' was invented, which was powered by a battery and kept time with a vibrating quartz crystal. By the 1980s the quartz watch had taken over most of the market from the mechani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
