In 1901, the company was re-incorporated in Binghamton, New York.
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In 1894, J. L. Willard and F. A. Frick of Rochester, New York, formed the Willard and Frick Manufacturing Company as the first card time recorder company in the world.
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In 1906, ITR relocated to Endicott, New York, where it had built a larger factory next to the new building of the Bundy Manufacturing Company.
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The first time clock was invented on November 20, 1888, by Willard Bundy, a jeweler in Auburn, New York.
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The center, headquarters of IBM's Research division, is named for both Thomas J. Watson, Sr. and Thomas Watson, Jr., who led IBM as president and CEO respectively from 1915 (when it was known as the Computing Tabulating Recording Company) to 1971.