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Home > Company Index > Consumer Products-Durables  > Jewelry, Watches & Clocks > General Time Corporation

General Time Corporation
 PROFILE
General Time has sounded its own alarm. Once the #1 wall and alarm clock maker in the US, the company has been pummeled by sluggish sales and is shutting down. General Time makes Big Ben keywind clocks based on 1927 and 1939 originals. It also makes Dreamscape, a combination alarm clock and sleep machine. Created by a 1931 merger of The Seth Thomas Clock Company and The Western Clock Company, General Time sells more than 650 models worldwide, including digital clocks. Brands include Westclox, Seth Thomas, and Spartus. Bank One owns a majority stake in General Time. In mid-2001 the firm laid off its employees and announced plans to close its manufacturing facilities due to financial pressures.

 COMPETITION
CASIO COMPUTER CO., LTD. (CSIOY)
Seiko Corporation of America (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: February
1998 Sales (mil.): 100.00
1-Yr. Sales Growth: 0.0%
Employees: 760
Revenue per employee: $131,578.95

 KEY PEOPLE
• Joseph Patten
    CEO
• Mike Zima
    CFO

 CONTACT INFO
520 Guthridge Ct.
Norcross, GA 30092
US
Phone: 770-447-5300
Fax: 770-242-4009
Online: Web Site

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