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Nivarox-FAR, an important manufacturer of components for the mechanical watch industry, is in the process of creating a new production facility which will integrate numerous technologies within a single location. Set to be completed in June of 2009, the manufacturing plant will comprise around 6,000 square meters, and house approximately 100 employees. Presently, Nivarox-FAR is centered in Le Locle, and has four additional facilities spread through the Jura region of Switzerland.
Among the varied processes which will be carried out in Nivarox-FAR's new Fontaines plant are the production of mainsprings and high-end gold watch dials, the development of Silicon escapement components and balance springs, and the continued research and development of LIGA manufacturing techniques. The factory will also incorporate a foundry where alloys for balance springs and mainsprings can be formulated.
The powerhouse status of Nivarox-FAR as a watch component specialist is the cumulative result of various specialist company mergers since 1850. The firm acquired its current name in 1984, when Nivarox SA and Fabriques d'Assortiments Reunis (FAR) were combined. Nivarox-FAR is currently owned by the Swatch Group.
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