Located in La Chaux-de-Fonds, in the canton of Neuchâtel, Switzerland, it employs- one hundred and forty people in La Chaux-de-Fonds - and around fifty associates in its subsidiaries in Italy, Japan and the USA.It produces 16,000 watches per yearThe GP Research and Development Department designs and makes watch mechanisms ranging from grand complications to automatic - simple or chronograph - mechanical movements.The Haute Horlogerie Department manufactures timepieces with such complications as the minute repeater, perpetual calendar, split-seconds chronograph and tourbillon. The magnificent Tourbillon with three gold Bridges is one of the Manufactory's flagships and recognised worldwide as one of the most beautiful tourbillons created by Switzerland's fine luxury watchmakers.The brand is present on around forty markets on all five continents.These are divided as follows:- Asia: 30%- Europe: 35%- United States and Latin America: 23%- Middle East: 12%It has a distribution network of almost 600 sales points selected from among the best in the world.Its products range in price from CHF 4,500 to over CHF 500,000.Thanks to the careful development of its markets, strict stock management and the judicious introduction of new products, the brand's position has been strengthened and its penetration confirmed on all the international markets. This has resulted in a steady 20% annual growth in turnover since 1993.