====== STP ====== {{wst>menue_mov|STP}} {{wst>author|[[Foskett, Stephen|Stephen Foskett]] ([[https://grail-watch.com/|Grail Watch]])}} **Swiss Technology Production** (**STP**, also **SwissTP**) is a watch movement assembler and finisher in [[Manno]], [[Ticino]], [[Switzerland]]. It is 51% owned by [[Hong Kong]]/[[America]]n fashion watch giant, [[Fossil]]. ===== History ===== STP was founded in [[2006]] by a group on [[Lugano]] investors under Hans Ulrich Saurer as **Prime Watch Holding Production (PWP)**. The company specialized in assembling and finishing parts for movements that could be called [[Swiss Made]]. Production was established in the remote Canton of Ticino due to availability of expensive labor compared to watchmaking cities like [[Biel]], where [[Fossil]] had previously manufactured movements as [[Antima]]. STP produced an initial batch of 2,000 movements [[2010]], and ramped up production in [[2012]]. That same year, Fossil purchased a 51% interest in the company to establish Swiss provenance for their brands, such as [[Burberry]], [[Zodiac]], and Fossil Swiss. Production ramped dramatically, with 140,000 examples produced in [[2014]], and was highly automated, with just 28 watchmakers involved. STP also supplies other companies, including [[Eterna]]. The first product of STP for Fossil was calibre [[STP1-11]], which is very similar to the [[ETA 2824-2]]. This was joined by variations (STP2, STP3, STP5, and STP6) as well as a smaller [[STP8-14]] for women's watches. ===== See Also ===== * [[STP1-11]] * [[Fossil]] * [[STT]] * [[Antima]] ===== Address ===== STP Swiss Technology Production SA\\ Rue des Places 13\\ CH-2855 Glovelier ===== Weblinks ===== * [[https://www.swisstp.com/|swisstp.com]], official website {{tag>Movement_manufacturers Movement_manufacturers_Switzerland Fossil_Group}}