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Hamilton Watch Co..closing question "Click" to Login or Register 
IHC Member 1613
posted
I have a question about Hamilton Watch Co...What was the biggest reason Hamilton closed down in 1969...Sales???
 
Posts: 2013 | Location: Chesapeake City, Maryland in the USA | Registered: September 27, 2011
posted
Hamilton US domestic production ceased in 1969. They continued on importing Swiss movements and parts and were sold in 1974 to Swiss holding company SSIH, a forerunner of the Swatch Group.
 
Posts: 653 | Location: St Paul, Minnesota in the USA | Registered: May 04, 2004
posted
I should also mention even before 1969 some production was being shifted to Switzerland. Hamilton purchased a couple of Swiss manufactures,i.e. Buren and Huegenin. Above all was the drive to reduce labor costs.
 
Posts: 653 | Location: St Paul, Minnesota in the USA | Registered: May 04, 2004
IHC Member 1613
posted
Thanks William....Good info....
 
Posts: 2013 | Location: Chesapeake City, Maryland in the USA | Registered: September 27, 2011
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