Following a five-year-long endeavour – made all the more difficult with the Covid-19 pandemic that still hasn’t loosened its grip on the world – Patek Philippe has finally unveiled its new production building in Plan-les-Ouates on the outskirts of Geneva, Switzerland. It invested CHF600 million (approximately S$890 million) in the new building. Of this, CHF500 million went into the construction of the structure and the remainder on the interior as well as the equipment required for its watchmakers to work.
It’s an impressive monolith, standing six storeys tall with an additional four located underground and measuring 187m long. Large-format glazed windows dominate all four sides of the building, welcoming an abundance of daylight, and white concrete passageways wrap around the entire perimeter.
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Inside, the building is divided into five segments, each focusing on a specific aspect of Patek Philippe’s expertise. The first two floors are devoted to production and the manual finishing of movement parts while the third focuses on the assembly of parts and cases. The fourth and fifth floors are where the magic happens. Research and development as well as haute horlogerie take place on the fourth while the latter has the watchmaker’s artisans working on rare handcraft skills like enamelling, guilloching and wood micro-marquetry.
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In line with the sustainability efforts undertaken by global organisations, the new building complies with the Haute Performance Energetique (French for high energy performance) standards and laws set by the canton of Geneva.
Patek Philippe has also filed for the Minergie-P label, a voluntary and incredibly stringent environmental standard given to buildings with low energy usage. Despite the expansion, Patek Philippe’s president Thierry Stern has reasserted that the watchmaker will not be increasing its volume of timepieces, which currently stands at slightly below 62,000 pieces annually.
Instead, the forward-thinking Stern anticipates the new building to be the guiding light for the brand for the next three decades as it expands its increasingly complex production capabilities. In the past quarter of a century, Patek Philippe has seen the popularity of its complicated watches grow at a brisk pace. Today, half of its production is devoted to this segment.
Demand for its elaborate rare handcrafted watches has also been steadily growing. In a time when the world is still treading in uncertain waters, it’s heartening to note that Patek Philippe has led the way in the horological world, investing a hefty amount of resources into the future.
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