Scholarship applications are being accepted now, and the window for the grant will open in May.
Belair Time Moves to Tulsa in New Merger with Selco Time
The American watch manufacturer has relocated from New Jersey to Oklahoma, the home of customized watches company Selco Time.
Tulsa, Okla.—Two American, family-owned and operated watch companies are partnering up.
Belair Time Corporation has relocated from Lakewood, New Jersey to Tulsa, Oklahoma, the home of Selco Time as part of a merger between the companies.
Belair Time Corporation was founded by the late Ernest Grunwald, a German Jewish man who immigrated to the United States in the 1940s and fought for U.S. forces in World War II.
After working with his wife Ilse Grunwald’s family watch business, the couple opened watch movement assembly plant Belair Time Corp in 1962, first in the U.S Virgin Islands, then later relocating to Lakewood, New Jersey.
The Grunwald’s son, Alan Grunwald, is the current Belair Time owner and CEO, and will retain those roles within the partnership.
The merger with Selco helps ensure Belair’s future when Grunwald eventually retires and sells his company shares, he told National Jeweler via email.
Selco Time was originally founded in 1935 as a jewelry store that at one point boasted 47 locations across 15 states.
The Tulsa-located company carved its most important niche, however, in the customized timepiece market, creating items for corporations and awards shows.
In a statement from Belair Time, Selco owner and CEO Mark Abels said the partnership would be committed to relationships with independent retail jewelers and Belair’s private label program.
“I am excited to join forces with Selco, as we will effectively shorten new logo lead times and provide a multitude of new sales opportunities for our loyal customers,” Grunwald commented.
Operations are already in full swing in Tulsa, with Belair directing all packages there.
According to Selco Time’s website, the company will start producing Belair orders around June 29.
Belair is also joining forces with Parsec Enterprises, located in Peora, Illinois. Parsec’s master watchmakers will be responsible for all of Belair’s watch repairs, warranty and non-warranty.
In the announcement, Belair noted Parsec owners Marc and Diedre Young’s “long history of providing outstanding service for many notable Swiss and Japanese brands.”
“At our core, Belair has always been a family owned and operated organization, focused on providing our customers with a watch that represents true value,” said Grunwald.
“We are grateful that we will continue with that tradition alongside the family operations at both Selco and Parsec.”
The Latest
She is remembered by loved ones as a “guiding force” behind the store and an active presence in her community.
The emerald earrings reference objects from designer Melinda Zeman’s childhood.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The report shows that couples are searching for vintage and antique rings, gold jewelry, pearls, and colorful pieces.
He’s remembered as a “font of passion,” leaving behind a legacy of dedication to his craft and community.
The first one will take place next month during the Jewelers of Louisiana’s and Mississippi Jewelers Association’s conventions.
Ho Brothers offers scalable solutions for the future of custom jewelry.
There is a willingness to comply with new government-mandated regulations, with an insistence that they should be practical and realistic.
A combination of factors is driving growth in the industry despite the precipitous drop in prices across the board.
The zone’s modernization will enhance and increase India’s jewelry manufacturing capabilities while aiding small and mid-sized businesses.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
The company plans to invest $25 million in marketing initiatives to boost awareness around its namesake and licensed brands.
Optimism about the current state of the economy was offset by anxiety around inflation and the political environment.
The former WJA executive director is MFM’s new managing director.
DDG encourages retailers to educate customers on the positive impact of purchasing natural diamonds.
Highlighting the most iconic Tiffany collections, it’s inspired by the company’s late window designer, Gene Moore.
Jen Cullen Williams and Duvall O’Steen explore how jewelers can save time and money by using AI to analyze engagement and create content.
The retailer previously turned down an $8.4 billion offer in 2018.
The Florida store’s owner Miguel Gonzalez is retiring.
The lab stresses the importance of accurate identification, as the difference in price is “substantial.”
The brand also plans to expand its retail footprint from 138 to 200 stores over the next three years.
One is reserved for a NAJA member, the other for a non-member.
Longtime employees Carie Lehrke and Megan Mattice have received promotions.
Three guests joined National Jeweler and Jewelers of America to discuss trending time periods, spotting reproductions, and more.
Chris Clipper and Robert Lepere join the company with 50 years of combined experience.
The trendy, metallic earrings wink at classic spring colors.