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Homberger was the only authorized signatory, Haenggi and Vogel were directors.įollowing the death of his father-in-law, Ernst Jakob Homberger had a considerable influence on the Schaffhausen watchmaking company's affairs and guided it through one of the most turbulent epochs in Europe's history. Rauschenbach's Erben - watch manufacturer of the heirs of J.
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Fischer AG in Schaffhausen) and Carl Gustav Jung, took over the watch factory as an open trading company named as the Uhrenfabrik von J. Rauschenbach-Schenk in 1905, his wife, two daughters and their husbands, Ernst Jakob Homberger (director of G. He was also responsible for warding off the prospect of the outside interests acquiring IWC "in the interest of the noble Rauschenbach family".Īfter the death of J. He was responsible for getting factory operations up and running smoothly and acquiring new customers. He had got to know the watch business in French-speaking Switzerland and France in 1883 he joined IWC and stayed with the company for 52 years. Rauschenbach and ran it successfully until his own death on 2 March 1905.Īnother significant role on the way to the company's success was played by Urs Haenggi from Nunningen in the canton of Solothurn. His son, Johannes Rauschenbach-Schenk, was 25 years old when he took over the Uhrenfabrik von J. Only a year after the sale, Johannes Rauschenbach died. Four generations of the Rauschenbach family owned IWC, with varying names. Johann Rauschenbach-Vogel, Chief Executive Officer and a machine manufacturer from Schaffhausen, took over the Internationale Uhrenfabrik on 17 February 1880. The brand was previously known as the International Watch Chronology. Together, they laid the foundations for the only watch manufacturers in north-eastern Switzerland: The International Watch Company in Schaffhausen. Jones in Le Locle and showed great interest in his plans. At this stage, watch manufacturer and industrialist Heinrich Moser built Schaffhausen's first hydroelectric plant and laid the cornerstone for future industrialization. In 1850 the town of Schaffhausen was in danger of being left behind in the Industrial Age. Jones encountered opposition to his plans in French-speaking Switzerland because Jones wanted to open a factory. to manufacture watch movements and other watch parts for the American market." At the time, wages in Switzerland were relatively low although there was a ready supply of skilled watchmaking labor, mainly carried out by people in their homes. Howard & Co., in Boston, then America's leading watchmaking company, founded the International Watch Company with the intention of combining Swiss craftsmanship with the modern engineering technology from the U.S. In 1868, American engineer and watchmaker Florentine Ariosto Jones (1841–1916), who had been a director of E.