The American Waltham watch factory on the banks of the Charles River The American Waltham Watch Company had its beginnings in 1850 in Roxbury, Massachusetts. The company was founded by David Davis, Aaron Dennison, and Edward Howard. Their vision was to form a watch company that could produce high-quality watches at a lower cost using interchangeable parts. With financial backing from Samuel Curtis, of small-arms manufacturing fame, the watch production began in 1851, and the first small group of watches were finished in late 1852. The first watches produced went to officials of the company, and it was not until 1853 that the first watches were offered for sale to the public.
Problems were encountered with the new production methods. The company was exploring innovative new ideas in watch manufacturing, such as using jewels, making enamel dials, and producing plates with a high-level of finish which required extensive tooling and resulted in a great financial burden. They also found that even though they were using interchangeable parts, each watch was still unique and had its own set of errors to be corrected. It took months to adjust the watches to the point where they were any better than other widely available timepieces. Customer Department at the Waltham Watch Company In 1853, the factory building was completed and the company began doing business under the name 'American Horologe Company.' The name was changed to 'Boston Watch Company' in September 1853, and the factory in Waltham, Massachusetts was built in October 1854.