News Releases

AMERICAN GEMSTONE LTD OPENS NEW FACTORY IN BANG BON INDUSTRIAL ZONE

May 1, 2016

American Gemstone Group, one of the most dominant players in OEM branded fine jewelry manufacturing has established a new factory in the Bang Bon Industrial Zone in Bangkok, Thailand. After rapid growth from 2013 – 2015, American Gemstone strengthens it’s Thailand operations with the aim of tripling production capacity over the next 2 years.

Ms. (Yao) Busayamas Parinram will continue on as factory manager in charge of production at the new facility.

“The new factory will increase our Thailand production capacity from approximately 30,000 pieces per month to an expected 100,000 pieces per month over the course of the next two years.” says Yao. “Having a horizontal layout, where our entire production can be spread across a single floor is far more efficient than that of our Ekkachai Road facility, where different processes were spread over different floors. Also being in an industrial district gives us some interesting opportunities to pursue Board of Investment subsidies, especially since we are using very modern equipment at the new location.”

American Gemstone offers jewelry brands the ability to outsource their jewelry productions with top 10 brand quality, ultra fast turnaround, and no minimum order quantities. The ability to turn around orders of any size in a matter of weeks, while still upholding very strict quality standards is something quite new to the market.

“We don’t have any real competition that i’m aware of. What’s really unique about our system is the way that we allow our customers to enter their orders as needed by their distributors. Some of our larger clients might put in 10 to 50 orders in a day ranging from 1 piece to 5000 pieces per order. When they receive the box, they simply forward the orders to their respective distributors. This allows for our clients to practice JIT systems, something that hasn’t been done yet in the jewelry industry. This has led to a lot of interest by a lot of people. I’m very excited by the next couple years as we plan on scaling our growth and really pushing the limits of rapid manufacturing.”

-Noah Severs, CEO

AMERICAN GEMSTONE COMMITS TO SOCIALLY RESPONSIBLE JEWELRY MANUFACTURING

June 1, 2014

American Gemstone Group together with chief executives and personnel involved from all departments have prioritized the importance of social responsibility within our organization. According to environmental and safety regulations, environmental problems, organizational risks, and situational changes, chief executives see it being appropriate to make the following commitments to environmental management, occupational health, and safety as follows:

  1. We are determined to enhance quality of life of all of our employees.
  2. We are determined to continually improve the workplace above and beyond the occupational health and safety standard.
  3. We are determined to take all measures possible to reduce work related accidents to zero.
  4. We are determined to prevent pollution and rehabilitate the environment by:
    1. promoting operations aimed to prevent pollution and rehabilitate the environment,
    2. restricting water pollution released from our premises,
    3. promoting waste segregation inside our premises,
    4. promoting material reuse aimed to reduce waste.
  1. We are determined to conserve energy wherever possible and continue to explore alternative energy sources wherever possible.
  2. As a manufacturer of fine jewelry, we use gemstones, diamonds, and gold in our productions. In certain instances, these materials have been associated with financing conflict or regional violence in some countries. As such we are make the following commitments:
    1. We will not support the use of minerals or materials in our manufacturing that are linked to conflict.
    2. Suppliers to American Gemstone Group must adopt a policy regarding conflict minerals consistent with ours.

AMERICAN GEMSTONE AUTHORITY LAUNCHES WEB PORTAL FOR AUTOMATED JEWELRY MANUFACTURING QUOTATIONS

April 1, 2012

American Gemstone Authority, LLC is pleased to announce the long awaited launch of it’s unique manufacturing portal. The new user interface allows clients to login and receive instant quotations for the manufacture of custom jewelry items. Client’s products are view-able only by the product creator through their encrypted user account and are available for order and re-order by simply logging in and entering the desired number of pieces. Prices for all client products are updated weekly following movements in the precious metals markets.

“All client communication is streamlined through the website and attached to a specific product. This ensures that communication is routed to all the appropriate people that need to take action on that information. Through this system, clients have the ability to add specific development or QC notes to products, as well as add additional information, images, or files directly to a product. This is really revolutionary in the way it allows us to process information flow on tens of thousands of different products, each with their own unique specifications, manufacturing processes, and QC points. It also allows us to efficiently handle special requests like ring sizing and engravings.”

-Art Jeffrey, Customer Success Manager

The new system boasts and impressive list of client-side features like order statistics, best sellers for given periods of time, track order progress and history, it even offers accounting, and payment systems. New product creation allows for advanced options where users can get price estimates immediately by filling in specific details like weights, stone counts, and finishing, or simply to submit a design outline for quotation.

“I’m very excited about this new system. It’s really going to revolutionize not only our business, but the entire industry. Each piece of jewelry has so many specific details to account for, and the back end organizes all of that for our production staff automatically. It used to take us a week just to organize the paperwork for new orders, now when a client places an order it’s instantly queued in production with all of the necessary paperwork for the workers. This includes any specific manufacturing notes or extra QC points that the client would like addressed. One really exciting point is that our administration section allows us to combine orders for feeding into production and then break them back down into individual orders for shipping. This allows us to do something that no other factory is doing; our clients can feed us orders as they receive them from their distributors in whatever arbitrary small quantities their retailers order. We can then package each order individually for our clients so that on receipt they can forward each on without repacking it. This saves heaps of time, not only in in order processing, but also because it allows our clients to practice Just in Time inventory methods instead of waiting and consolidating orders until they meet quantity minimums. We start to get a glimmer of the possibilities as we are seeing an expansion not only in our current branded production activities, but also with new markets like retail jewelry outlets that wish to offer their clients the ability to order custom creations. It’s extremely promising.”

-Noah Severs, CEO

AMERICAN GEMSTONE GROUP AQUIRES RICH GULCH GOLD MINES

April 1, 2012

American Gemstone Authority, LLC has acquired the Virgilia and Central Load bearing gold mines in central California. The mines we’re previous the property of Inca Resources Inc who developed the properties, conducted geological surveys, and took core samples to establish proven and probable reserves of 1,481,264 Troy Ounces present and as of yet untapped. We are presently conducting our own feasibility assessments, but do not have immediate plans to initiate drilling due to the considerable capital outlays it would require at this time. The geological reports indicate that a drilling operation could be profitably maintained at a gold price of over 324 dollars per ounce.