In 1968 General Time (which owned the Westclox brand name) was bought out by Talley Industries of America.

Talley Industries was (among other things) also a manufacturer of timing equipment, such as clocking-in units, automobile air bag modules and other devices.

Talley Industries said it plans to sell its apparel and clock-making operations to focus on its aerospace, industrial and real estate businesses.

The Miami financier Victor Posner has raised his stake in Talley Industries to 7.4 percent from 5.6 percent.

Under his guidance the company became profitable and in 1969, it was taken over by Talley Industries.

He worked for Talley Industries, the International Paper Company and the Exxon Corporation before joining RCA.

The sale, to Talley Industries of Phoenix, was announced Wednesday.

John Pietz has spent 17 years tinkering in the laboratories of Talley Industries waiting for his favorite invention to pay off.

Talley Industries acquired General Time in 1968.

In 1988 General Time was purchased by its management from Talley Industries.