Watch making was introduced to Fleurier by Daniel-Jean-Jacques-Henri Vaucher, an apprentice of Daniel Jaenrichard, in 1730.[citation needed] At the time the area was known for metal working, a natural result of the iron deposits discovered locally in the 15th century. Watchmaking flourished in and around Fleurier during the late 18th century but because production was sold on credit for the international markets, prices were undercut[clarification needed] and economic destabilization brought about by the Napoleonic wars caused watch making in the area to decrease significantly.[5] By the mid-19th century, Fleurier produced watches almost exclusively for the Chinese market[5] while the municipality's current renown as a watch making centre is attributed to Bovet watches.[6]