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Israeli Diamond Industry Gears Up for JCK Las Vegas

May 17, 2010 10:10 AM   By Israel Diamond Institute
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Press Release: This year, the Israeli diamond industry will once again have a major presence at the JCK Show – Las Vegas. The Israel Diamond Pavilion, hosted by the Israel Diamond Institute Group of Companies (IDI), will feature 25 exhibitors, with an additional 25 Israeli companies exhibiting throughout the show. The JCK Show is one of the most important annual events for the Israeli diamond industry since the U.S. is Israel’s leading market for polished diamonds, accounting for about one-half of Israel’s total polished exports.

The Israel Diamond Pavilion will be located in on Level 2 at booths 1000 – 3100. IDI will be represented at stand 2144 within the pavilion and at its image booth at 5049. A mini-site with the full list of Israeli exhibitors can be accessed at http://www.israelidiamond.co.il/exhibition/index.aspx?id=14.

IDI will also be sponsoring a cocktail event for existing and new clients of the Israeli diamond industry in the café lounge adjacent to the pavilion on June 6 at 5 p.m.

In the wake of IDI’s successful strategic marketing program, “Together Works,” in 2009, IDI recently launched a new campaign entitled “Responsibility is Good. Business.” This campaign advocates responsible business practices in the areas of manufacturing, marketing, customer service and credit in order to ensure the stability of the world industry as economies emerge from the global crisis of 2008  to 2009.

Both the Israeli Diamond Industry and the U.S. diamond market are showing definite signs of recovery. In the first quarter of 2010 Israel’s polished diamond exports grew 55% over the same period last year. During the same period polished diamond imports into the U.S. rose by 73% over the first quarter of 2009.
IDI Chairman Moti Ganz said, “We are pleased to see signs of recovery in the U.S., with diamond demand growing. Since the U.S. is our leading market, we are convinced that this will have an important positive impact on the Israeli Diamond Industry.”

IDI's managing director, Eli Avidar, said, “JCK – Las Vegas is one of the most important highlights on the yearly calendar of the Israeli diamond industry. This is our major market and a great deal of our marketing efforts goes toward developing the Israeli industry’s ties here. That’s why we have set up IDI – New York, located in the Diamond District, which is geared to facilitating connections between the Israeli Diamond Industry and U.S. buyers. IDI is pleased that this year we have an excellent turnout of Israeli companies and we are all looking forward to a successful show.”

Rapaport News is not responsible for, and does not endorse, the content of any press release. Press releases are not written by us and are provided only as additional information for our clients.
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Tags: IDI, Israel, Israel Diamond Institute, JCK, Manufacturing
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