 In the early 1920s Albert Speidel formed "Speidel Brothers", producing watch bracelets that were manufactured and sold primarily to wholesalers.In 1928 the Speidel family in Germany and the brothers who lived in the United States, decided to merge all of the businesses into the Speidel Corporation in order to strengthen their position.The first president of Speidel Corporation was Albert Speidel, one of the Speidel brothers living in Providence, Rhode Island.