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Suzanne Belperron, JAR Shine in Sotheby’s First Auctions at New HQSotheby’s held its first two jewelry sales at the Breuer building last week, and they totaled nearly $44 million.
MajorsOct 12, 2016
Midas Chain to Move, Triple Size of US Headquarters
The jewelry manufacturer plans to relocate from Bergenfield, N.J. to a much larger facility in Northvale early next year.
Midas Chain, which has been manufacturing gold jewelry for more than 30 years, is moving its headquarters from one New Jersey town to another. Pictured here are earrings in 14-karat yellow gold from the company’s Waterfall collection (MSRP $449).
Bergenfield, N.J.--Jewelry manufacturer Midas Chain announced that it has purchased a building in Northvale, N.J. and will move its corporate headquarters there early next year.
While the exact address is not being disclosed at this time, Midas Chain said the new building is 30,000 square feet, triple the size of its current 10,000-square-foot facility in Bergenfield.
It is being renovated and will have a custom-designed interior with a layout geared toward efficiency, amenities for the company’s employees and the highest level of security, the company said. It also will have a showroom for all of its branded collections and other merchandise.
The new facility is “a step toward an even larger expansion coming in the future,” as the company is growing and likely will add more employees.
The company has been making fine gold jewelry for more than 30 years, with the manufacturing taking place at its factory in Turkey.
Its core business always has been gold and silver chains, though it also makes a few branded lines, including the Bon Friendship bracelets, East2West and Waterfall collections, and licensed collections for the NFL, MLB and college sports teams.
The U.S. office is a major distribution center for Midas, which ships to the jewelry industry worldwide.
To request the latest Midas Chain catalog, contact the sales department at 877-643-2765, email sales@midaschain.com or visit MidasChain.com.
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