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Lancashire Watch Company
The Lancashire Watch Company of Prescot was founded in 1889 by Thomas P. Hewitt as a rival to the large American and Swiss watch companies. It failed in 1910. History Until the late 19th century, Prescot had been the centre of the watchmaking trade in England. The workers produced watch parts in small workshops attached to their cottages and were paid by piece work. By 1889 the '' American System of Watch Manufacturing'' meant that the Waltham Watch Company and others could produce watches at a much lower price and the town fell into decline. In 1889 a company was formed and eventually a large factory was built to create complete watches under one roof. The products produced had more in common with earlier American designs than traditional English fusee watches. Because of economies of scale In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prescot
Prescot is a town and civil parish within the Metropolitan Borough of Knowsley in Merseyside, England. Within the boundaries of the historic county of Lancashire, it lies about to the east of Liverpool city centre. At the 2001 Census, the civil parish population was 11,184 (5,265 males, 5,919 females). The population of the larger Prescot East and West wards at the 2011 census totalled 14,139. Prescot marks the beginning of the A58 road which runs through to Wetherby, near Leeds in West Yorkshire. The town is served by Prescot railway station and Eccleston Park railway station in neighbouring Eccleston. History Prescot's name is believed to be derived from the Anglo-Saxon ''prēost'' "priest" + ''cot'' "cot", meaning a cottage or small house owned or inhabited by a priest, a "priest-cottage". ( ME prest, preste, priest, OE prēost, LL presbyter, Gk πρεσβύτερος presbýteros "elder, priest"). In the 14th century, William Dacre, 2nd Baron Dacre, obtained a char ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Watchmaking
A watchmaker is an artisan who makes and repairs watches. Since a majority of watches are now factory-made, most modern watchmakers only repair watches. However, originally they were master craftsmen who built watches, including all their parts, by hand. Modern watchmakers, when required to repair older watches, for which replacement parts may not be available, must have fabrication skills, and can typically manufacture replacements for many of the parts found in a watch. The term clockmaker refers to an equivalent occupation specializing in clocks. Most practising professional watchmakers service current or recent production watches. They seldom fabricate replacement parts. Instead they obtain and fit factory spare parts applicable to the watch brand being serviced. The majority of modern watchmakers, particularly in Switzerland and other countries in Europe, work directly for the watchmaking industry and may have completed a formal watchmaking degree at a technical school. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Piece Work
Piece work (or piecework) is any type of employment in which a worker is paid a fixed piece rate for each unit produced or action performed, regardless of time. Context When paying a worker, employers can use various methods and combinations of methods. Some of the most prevalent methods are: paid a wage by the hour (known as "time work"); paid an annual salary; salary plus commission (common in sales jobs); base salary or hourly wages plus gratuities (common in service industries); salary plus a possible bonus (used for some managerial or executive positions); salary plus stock options (used for some executives and in start-ups and some high tech firms); salary pool systems; gainsharing (also known as "profit sharing"); paid by the piece – the number of things they make, or tasks they complete (known as ‘output work’); or paid in other ways (known as ‘unmeasured work’). Some industries where piece rate pay jobs are common are agricultural work, cable installation, c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Waltham Watch Company
The Waltham Watch Company, also known as the American Waltham Watch Co. and the American Watch Co., was a company that produced about 40 million watches, clocks, speedometers, compasses, time delay fuses, and other precision instruments in the United States of America between 1850 and 1957. The company's historic 19th-century manufacturing facilities in Waltham, Massachusetts have been preserved as the American Waltham Watch Company Historic District. The company went through a series of bankruptcies and restarts under new ownership, with watches and clocks bearing the Waltham name still being made and marketed today. History The early years, 1849 to 1857 Prior to 1850, watches in America were generally supplied either from England or Switzerland.Caross, "The Waltham Watch Co.," p. 167. The idea for the Waltham Watch Company came from watchmaker Aaron Lufkin Dennison. Dennison was the son of a shoemaker, born in Maine in 1812.Caross, "The Waltham Watch Co.," p. 166. He ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Newspaper Archive
The British Newspaper Archive web site provides access to searchable digitized archives of British and Irish newspapers. It was launched in November 2011. History The British Library Newspapers section was based in Colindale in north London, until 2013, and is now divided between the St Pancras and Boston Spa sites. The library has an almost complete collection of British and Irish newspapers since 1840. This is partly because of the legal deposit legislation of 1869, which required newspapers to supply a copy of each edition of a newspaper to the library. London editions of national daily and Sunday newspapers are complete back to 1801. In total, the collection consists of 660,000 bound volumes and 370,000 reels of microfilm containing tens of millions of newspapers with 52,000 titles on 45 km of shelves. After the closure of Colindale in November 2013, access to the 750 million original printed pages was maintained via an automated and climate-controlled storage facilit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fusee (horology)
Used in antique spring-powered mechanical watches and clocks, a fusee (from the French ''fusée'', wire wound around a spindle) is a cone-shaped pulley with a helical groove around it, wound with a cord or chain which is attached to the mainspring barrel. Fusees were used from the 15th century to the early 20th century to improve timekeeping by equalizing the uneven pull of the mainspring as it ran down. Gawaine Baillie stated of the fusee, "Perhaps no problem in mechanics has ever been solved so simply and so perfectly." History The origin of the fusee is not known. Many sources erroneously credit clockmaker Jacob Zech of Prague with inventing it around 1525. The earliest definitely dated fusee clock was made by Zech in 1525, but the fusee actually appeared earlier, with the first spring driven clocks in the 15th century., p.127-128, p.121 The idea probably did not originate with clockmakers, since the earliest known example is in a crossbow windlass shown in a 1405 mili ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economies Of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. A decrease in cost per unit of output enables an increase in scale. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of market control. This is just a partial description of the concept. Economies of scale apply to a variety of the organizational and business situations and at various levels, such as a production, plant or an entire enterprise. When average costs start falling as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing facilities and friction loss of transportation and industrial equipment, have a physical or engineering basis. The economic concept dates back to Adam Smith and the idea of obtaining larger production returns through the use ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Watchmaking Companies
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
