Best I can find the current crop of Waterbury automatics are a 160th birthday celebration piece named after the original company that supplied early parts to then Ingersoll and later called Timex.Picked this guy up the other day. Not sure if they even make this model anymore. Not a bad watch at all.
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The Waterbury Clock Company built a pocket watch called the jumbo to compete with fancy European pockets watches in the late 1800's. Idea being build an affordable pocket watch. Ingersoll bought parts from Waterbury in 1854 (160 years ago) to make their own version. They costed $1.