The company produced gilded full plate pocket watches ranging from 7 to 15 jewels which found acceptance in the industry, the first pocket watch produced in America of standard interchangeable parts, fostering growth until the country began experiencing a recession in 1856. to Boston Watch Company in September 1853, and a new factory in Waltham, Massachusetts was opened in October 1854. In the spring of 1853 the first Dennison, Howard, & Davis watches were offered for sale to the public. Based upon the experience of earlier failed trials, Howard and Dennison eventually perfected and patented their precision watch making machines and create the American System of Watch Manufacturing. In 1851 they moved to a new factory across the street from Howard's clock factory. They initially outfitted space for design and manufacturing in Howard's clock factory in Roxbury, Massachusetts, a community neighboring Boston. In 1849 Aaron Lufkin Dennison, Edward Howard and David Davis formed a company with a plan to use machinery to manufacture watch movement parts so precisely that they would become fully interchangeable.
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