WWT Shows CLICK TO: Join and Support Internet Horology Club 185™ IHC185™ Forums

• Check Out Our... •
• TWO Book Offer! •
Go
New Topic
Find-Or-Search
Notify
Tools
Reply to Post
  
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: 2028 | Location: Chesapeake City, Maryland in the USA | Registered: September 27, 2011
IHC Member 365
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
IHC Member 365
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: 2028 | Location: Chesapeake City, Maryland in the USA | Registered: September 27, 2011
  Powered by Social Strata  
 


©2002-2025 Internet Horology Club 185™ - Lindell V. Riddle President - All Rights Reserved Worldwide

Internet Horology Club 185™ is the "Family-Friendly" place for Watch and Clock Collectors