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Rare ITRC time clock. The International Time Recording Company - $1,550 (Danville, VA Tobacco Warehouse District))
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Phone Calls Only.... Will not respond to text or email......
Great Condition.....
Posting will be removed when sold..............
Thank You !!!!!!!
The success of what would become IBM’s Time Equipment Division stemmed primarily from three inventions. The Bundy Key Recorder, created in 1888, was a mechanical time recorder that largely eliminated inaccuracies and disputes in payroll processing. Powered by a series of typewheels driven by a clock movement, it printed the exact time and an employee’s number on a paper tape when prompted by the insertion of a specially designed key.
That same year, Alexander Dey introduced his Dial Recorder, which featured employee numbers around the circumference of a large ring. Employees pivoted a pointer arm to their individual number and pressed it into a guide hole at both the start and the culmination of a shift, thereby printing the time on a sheet inside the machine.
Over the course of many decades, IBM has built one of the world’s most successful companies from a steadfast mission to quickly and accurately process information. Lately that quest often involves conducting trillions of calculations to, for example, enable instantaneous global transactions, improve weather forecasts or harness quantum behavior. But early in the 20th century, businesses were struggling with a more basic task — accurately measuring and expressing the passage of time to improve payroll processing. This was the primary business of one of IBM’s progenitors, the International Time Recording Company (ITR).
The Bundy Manufacturing Company, founded by inventor Willard Bundy, spun out its time recording business at the behest of George W. Fairchild, who is credited with creating ITR in 1900 and became its president. In 1907, the company relocated from Binghamton, New York, to Endicott, New York, which is considered by many to be IBM’s birthplace. In 1911, it merged with two other firms and became the Computing-Tabulating-Recording Company, later renamed International Business Machines, or IBM.