Timex Group USA

Timex Group USA, Inc.
FormerlyWaterbury Clock Company, Timex Corporation
Company typeSubsidiary
IndustryLuxury goods
Founded1854; 170 years ago (1854)
HeadquartersMiddlebury, Connecticut, with various operations in Europe, the Americas, and Asia
Area served
Worldwide
Key people
  • Tobias Reiss-Schmidt
    (President & CEO)
  • Colin Arsenault
    (CFO)
ProductsWatches
Number of employees
7,000
ParentTimex Group
Websitewww.timex.com Edit this at Wikidata

Timex Group USA, Inc. (formerly known as Timex Corporation) is an American global watch manufacturing company founded in 1854 as the Waterbury Clock Company in Waterbury, Connecticut. In 1944, the company became insolvent but was reformed into Timex Corporation. In 2008, the company was acquired by Timex Group B.V.(https://en.wikipedia.orgview_html.php?sq=&lang=&q=Timex_Group) and was renamed Timex Group USA.

Thomas Olsen purchased the Waterbury Clock Company in New York in 1941 and renamed it Timex, a portmanteau of the names of Time magazine and Kleenex.[1]

  1. ^ Shawn Tully (7 March 2015). "The crazy, true-life adventures of Norway's most radical billionaire". Fortune.