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

Timex Corporation
 NEWS FROM THE STANDARD
Blair: U.K. Will Own Net Time
Jan 03 2000 12:00 AM PST

Blair: U.K. Will Own Net Time
Dec 29 1999 12:00 AM PST

 PROFILE
Branching out from its original "Takes a licking" designs, Timex is strapping on new faces in order to tap new markets. The company, the US's largest watch producer, has expanded its lines from simple, low-cost watches to include high-tech tickers capable of paging or downloading computer data. Its sports watches have gone upscale and gadgety with lines such as Humvee and Ironman. (The brightness of its Indiglo watch helped a man lead a group of people down 34 flights of dark stairs after the World Trade Center bombing.) Timex also makes watches for Nautica and Guess? under license. Timex was founded in 1854 as Waterbury Clock and is owned by Fred Olsen, whose father bought the company in 1942.

 COMPETITION
CASIO COMPUTER CO., LTD. (CSIOY)
Seiko Corporation (8050)
The Swatch Group Ltd. (UHRZ)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 600.00
1-Yr. Sales Growth: 0.0%
Employees: 7,500
Revenue per employee: $80,000.00

 KEY PEOPLE
• Jose Santana
    CEO
• W. John Dryfe
    CFO

 CONTACT INFO
Park Rd. Extension
Middlebury, CT 06762
US
Phone: 203-573-5000
Fax: 203-573-6901
Online: Web Site

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