In 1888, Williard LeGrand Bundy patented the first employee time clock. A year later, he and his brother founded the Bundy Manufacturing Company, which was to become part of the computing giant International Business Machines, or IBM.

The early Bundy clocks were mechanical, and employees in early industrial history used cards that were punched by the machine to record their working hours, or to 'bundy' on.

But in the Interknit hosiery factory in Clunes the expression used was 'punching the bundy'.

The Clunes mill was established in the 1920s, in a decommissioned state school building. In 1939, it was bought by Ballarat company Interknit, and became the Clunes Interknit Mill.

The Interknit Hosiery Company employed many locals. Initially a socks manufacturer, and commonly known as 'Interknit Sox', by 1981 Interknit had begun to manufacture jumpers.

Representing a time when industry was more local to its markets, Interknit supplied socks to Victorian Football League, and then the Australian Football League, teams and later jumpers well. Interknit also supplied socks to cricket teams and the Australian armed forces.

The Bundy clock held at the Clunes Museum was the original time clock from the Interknit factory.

In this story, former workers recall working at the Interknit mill, and especially using the time clock or 'Punching the Bundy'.