July 18, 2020, 19:51
Gary E. CochranHamilton Watch Co..closing question
I have a question about Hamilton Watch Co...What was the biggest reason Hamilton closed down in 1969...Sales???
July 18, 2020, 20:54
William ThomasHamilton 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.
July 18, 2020, 22:39
William ThomasI 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.
July 19, 2020, 13:36
Gary E. CochranThanks William....Good info....