The first decade of the 20th century was marked by a number business
launches and consolidations, all of which eventually led to the
formation of the Computing- Tabulating- Recording Company (C-T-R) -
IBM's predecessor - in 1911.
For example, the International Time Recording Company (ITR) was formed
in 1900 and the Computing Scale Company of America was incorporated in
1901 - and these two businesses were two of the three chief components
of C-T-R a decade later. ITR itself acquired other companies, such as
the Dey Time Register Company, during this period, broadening the time
recording equipment product line.
In addition, ITR outgrew its original manufacturing facilities, and
built a modern factory in Endicott, New York, on the site of what later
became an IBM Plant No. 1.
George W. Fairchild forms the International Time Recording Company as
the selling agency of the Bundy Manufacturing Company, Willard and Frick
Manufacturing Company, and Standard Time Stamp Company, which also
manufactures a card recorder.