When was Swiss Technology Production founded?

Swiss Technology Production was founded in 2006 in Manno, Ticino, Switzerland.

Where is Swiss Technology Production headquartered?

Swiss Technology Production is headquartered in Manno, Ticino, Switzerland.

Does Swiss Technology Production manufacture its own movements?

Swiss Technology Production is classified as a full manufacture, producing its own movements, cases, and components.

Who owns Swiss Technology Production?

Swiss Technology Production is owned by Fossil Group.

Swiss Technology Production

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Manno, Ticino, SwitzerlandFounded 2006Fossil GroupWebsite

Swiss movement assembler and finisher owned by Fossil Group, specializing in automated production of ETA 2824-2 clone movements (STP1-11) for Fossil brands and third parties.

STP originated in 2006 when a group of Lugano investors, led by Hans Ulrich Saurer, established Prime Watch Holding Production (PWP) to assemble and finish movements qualifying as Swiss Made. Located in Ticino for cost-effective labor compared to traditional centers like Biel, it produced an initial batch of 2,000 movements in 2010, scaling up in 2011-2012 with highly automated lines employing just 28 watchmakers. In 2012, Fossil acquired a 51% stake in PWP, renaming it STP to secure Swiss provenance for its fashion and heritage watches amid ETA supply constraints post-2009. Production surged to 140,000 units by 2014, with movements featuring Côtes de Genève finishing, 5-position testing, and ±15 seconds/day accuracy. Fossil later integrated STP as wholly owned, sourcing components from Swiss suppliers and producing over 60% in-house to meet stricter Swissness rules. Output stabilized at around 100,000 movements annually. The factory emphasizes robotic automation, combining U.S. efficiency with Swiss expertise.