History
In 1850, Roxbury, Massachusetts, David Davis, Edward Howard and Aaron Lufkin Dennison formed together the company that would later become the Waltham Watch Company. The revolutionary business plan was to manufacture the movement parts so precisely that they would become fully interchangeable. Based upon the experience of earlier failed trials, Howard and Dennison would eventually perfect and patent their precision watch making machines and create the American System of Watch Manufacturing.
Read more about this topic: Waltham Watch Company
Famous quotes containing the word history:
“History has neither the venerableness of antiquity, nor the freshness of the modern. It does as if it would go to the beginning of things, which natural history might with reason assume to do; but consider the Universal History, and then tell us,—when did burdock and plantain sprout first?”
—Henry David Thoreau (1817–1862)
“This above all makes history useful and desirable: it unfolds before our eyes a glorious record of exemplary actions.”
—Titus Livius (Livy)
“No matter how vital experience might be while you lived it, no sooner was it ended and dead than it became as lifeless as the piles of dry dust in a school history book.”
—Ellen Glasgow (1874–1945)