The employees of Frederick Goldman’s facility in Mexico were trained by New York-based jewelers.
Secaucus, N.J.—Frederick Goldman Inc. is moving further into the man-made diamond space, expanding its factory in Mexico to include a lab-grown diamond jewelry manufacturing division, the company announced last week.

The facility will not be growing diamonds, a company spokesperson confirmed to National Jeweler, but will manufacture jewelry set with lab-grown diamonds.

The company entered the lab-grown diamond market in March when it acquired Love Earth, a bridal and fashion jewelry business, for an undisclosed amount.

The Mexico facility has an area dedicated to bridal created with natural diamonds and a newly built, separate facility for handling lab-grown diamonds.

Setters and jewelers based on New York’s Fifth Avenue trained the employees in Mexico, the company said.

Chief Operating Officer John Orrico said in a statement that Frederick Goldman’s Mexico operation was performing well overall, and the company has plans to “scale the capabilities as the needs grow.”

In addition to the expansion of the factory in Mexico, the company announced the launch of its Jewelry Solutions Group, which will focus on manufacturing custom-ordered jewelry, made with natural or lab-grown diamonds, and getting it to the customer in one week.

“We found that the market has a need for fast, on-demand solutions that are not typically offered by suppliers,” Orrico said.

The group will also offer services such as design, manufacturing and drop-shipping directly to customers.

|Subscribe >
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.