Word: benrus
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...stepping up their export drive, in the past year have broken the Swiss monopoly in Norway, Denmark, and Sweden, where Seiko watches now sell at the rate of 9,000 a month. Another target is the U.S. market, which Hattori has heretofore tapped largely by supplying movements to Benrus. Despite forbidding U.S. tariffs, Hattori is beginning a U.S. sales campaign for Seiko, retailing 17-jewel wristwatches for $29.75, just over half the price of a Swiss equivalent...
...vanguard are 57 small manufacturing companies drawn to the Virgins since 1957 by a favorable tariff concession: merchandise moves into the U.S. duty-free if 50% of the cost of processing it was spent in the islands. Seven watch companies-including subsidiaries of Hamilton and Benrus-assemble movements from Japanese, French, Moroccan and even Russian parts that are imported at the Virgins' low 6% tariff rate. Other companies process shoelaces, textiles, pens and medical thermometers. Old-line sugar planters complain that they can no longer get cane cutters at 600 an hour while the new factories...