The Pittsfield merchants who were significant investors took over the enterprise after the Terry Clock Company in Pittsfield, Massachusetts, failed in 1888. In particular, brothers Hezekiah S. and Solomon N. Russell and Edward D. G. Jones. The Terry business, which had been bankrupt and located in Waterbury, Connecticut, had been purchased by these individuals and their partners in 1880, and it was moved to Massachusetts in the summer of the same year. In 1883, a brand-new factory was constructed for the business.
The company was renamed Russell & Jones Clock Company in January 1889, and a trade catalog was published with little to no alterations from the prior firm’s product. The new company published a new catalog in 1890 that featured a sizable number of novel and odd models. As far as is known, the company stopped producing its products and dissolved in 1893.