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GIA to Open Israel Laboratory in September

Aug 22, 2012 3:24 AM   By Avi Krawitz
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RAPAPORT... ‎The Gemological Institute of America (GIA) is on track to open   a laboratory in the Israel ‎Diamond Exchange in early September, the Israel Diamond Institute Group of ‎Companies (IDI) reported.‎

‎“The opening of the GIA facility is of major significance to the Israeli diamond industry ‎and advances our position as a global diamond trading hub,” said Moti Ganz, the chairman of ‎IDI. ‎

IDI noted that the new facility will provide on-site lab services, including GIA diamond ‎grading reports, diamond dossiers and related services. The Ramat Gan laboratory will ‎be GIA’s eighth such global facility and the sixth located outside of the U.S., IDI added.‎

The launch follows three years of discussion between representatives of IDI and the ‎Israel Diamond Manufacturers Association (IsDMA), and the GIA. Intentions to open the ‎laboratory were initially announced in July 2011. ‎

‎“GIA reports are highly respected and they are very much in demand by both the trade ‎and consumers,” said Avraham (Bumi) Traub, the president of IsDMA. “Having a GIA lab ‎facility on-site in Israel will save the diamond trade both precious time and costs.”‎
Tags: Avi Krawitz, diamonds, Gemological Institute of America, GIA, Israel, Israel Diamond Exchange, Rapaport
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