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Questions about Waltham Watch Company

Short answers, pulled from the story.

When was the Waltham Watch Company founded and where did it start?

The Waltham Watch Company originated in Roxbury, Massachusetts in 1854 when operations commenced at a new facility. Aaron Lufkin Dennison established the initial American Horologe Company in 1849 before moving production to Waltham.

Who purchased the Waltham Watch Company property after the foreclosure in February 1857?

Royal E. Robbins bought the property for $56,000 during a sheriff's auction at the end of February 1857. He took over the struggling watch operation alongside his brother Henry Asher Robbins and Daniel F. Appleton.

What major labor strike occurred at the Waltham factory on August 11 1924?

Seventy-five workers in the Finishing department stopped work on the 11th of August 1924 following news of a 10 percent wage cut. The dispute escalated into a company-wide work stoppage involving 2,000 employees out of 2,900 total staff.

When did the original Waltham Watch Company close its Massachusetts factory permanently?

Waltham closed its historic Massachusetts facility on the 3rd of February 1950 which put 1,200 workers out of a job. The company declared bankruptcy in 1949 when a final loan installment was denied by creditors.

Which Swiss group purchased Waltham Watch Company shares in September 1968?

The Invicta Watch Co led by Georges Didisheim acquired Waltham through a Delaware-registered entity called Iseca. This purchase involved 283,976 shares for just over $6.5 million in cash and stock financing.