Watches

Swatch assessing damage following factory fire

WatchesDec 29, 2013

Swatch assessing damage following factory fire

A spokeswoman for the Swatch Group said the company is still trying to determine how a fire that destroyed a unit within its ETA factory on Sunday will impact production.

Grenchen, Switzerland--A spokeswoman for the Swatch Group said the company is still trying to determine how a fire that destroyed a unit within its ETA factory on Sunday will impact production.

According to Swatch Group, the fire broke out around 8:45 a.m. local time in the galvanic department, located in the main building of the ETA manufacturing facility in Grenchen.

While the factory never completely closes, Swatch Group spokeswoman Béatrice Howald said there was no activity in this area at the time of the fire, so no workers were injured.

ETA firefighters and two firefighters from the Grenchen fire department battled the blaze, and managed to get it under control by 9:30 a.m. before it could spread to neighboring manufacturing facilities.

The cause of the fire remains under investigation, and Howald said Swatch Group is continuing to assess how the fire, which did “considerable” damage, will impact production.

ETA is the arm of the Swatch Group that makes the movements and watch components for both mechanical and quartz watches, supplying its own brands, such as Blancpain and Longines, as well as a number of other companies.

Howald said almost all components’ surfaces are treated and undergo the galvanic process, which means that the production of “many brands” will be impacted by the blaze.

Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

The Latest

GradingApr 19, 2021
Here’s What SSEF Found When It Studied High-Quality Afghan Emeralds

The Swiss lab reveals how stones from the Panjshir Valley are both different from and similar to emeralds from other places.

CrimeApr 19, 2021
JSA Issues Refresher on What To Do During a Robbery

The reminder follows a frightening incident at a store in California.

SurveysApr 19, 2021
New Nielsen Study Shows Consumer Optimism Toward Jewelry

The survey showed Americans are becoming more optimistic about their financial futures and view precious jewelry as an important category.

Brought to you by
A New Golden Age

Gold has had its share of ups and downs over the last 5 decades. Here’s why the metal is having another big comeback.

Lab-GrownApr 19, 2021
Lab-Grown Diamond Co. Green Rocks Hires Brand Manager

Ahna Shmuel returns to the company to head brand management as well as oversee the jewelry division.

Weekly QuizApr 16, 2021
This Week's Quiz
Test your knowledge of jewelry news from the week of April 12-16, 2021.
Take the Quiz
AuctionsApr 16, 2021
Try On This Diamond and Pearl Tiara Before It Heads to Auction

Sotheby’s created an Instagram filter for the crown, estimated to sell for up to $1.5 million.

SurveysApr 16, 2021
March Retail Sales Surge

Another round of stimulus checks helped to bolster last month’s retail sales.

Brought to you by
4 Reasons You Need This Program for Mother’s Day

Learn how to increase customer loyalty and revenue by making JM™ Care Plan a cornerstone of your business plan.

CollectionsApr 16, 2021
Supplier Kim International Revives its Catalog

It showcases 2021 and 2022 styles, with most ready to ship from Dallas, Texas.

×