After the death of J. Rauschenbach-Schenk in 1905, his wife, two daughters and their husbands, Ernst Jakob Homberger (director of G. Fischer AG in Schaffhausen) and Dr. Carl Jung (psychoanalyst and psychiatrist), took over the watch factory as an open trading company by the name of the UHRENFABRIK VON J. RAUSCHENBACH'S ERBEN.
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Schaffhausen hosts some well-known industrial companies like Georg Fischer (piping systems, machine tools and automotives), an internationally reputed manufacturer of watches (IWC), pharmaceutical industry (Cilag, founded by Bernhard Joos) and BB Biotech (biotechnologies).