Thomas J. Watson Founds IBM

In 1924 Thomas J. Watson, president of CTR (Computer Tabulating Recording Corporation), of Endicott, New York, changed the name of the company to International Business Machines Corporation (IBM).

"Encouraged by George F. Johnson, who saw Endicott as the world's first industrial 'park' with a 'Square Deal' for everyone, IBM began building a factory complex in Endicott just to the east of the Endicott-Johnson factories. The original Bundy building (a Binghamton company) was erected on North Street as early as 1906 and stands to this day. Many of the IBM factory buildings, including Factory #1 and the IBM Schoolhouse, still stand to this day. Endicott was the original location of all IBM manufacturing, research, and development from the early 1920s through World War II" (Wikipedia article on Endicott, New York, accessed 02-18-2012).