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The Facility of Tiffany

dcfvb | 08 janvier, 2010 03:25

Laurelton Diamonds, a subsidiary of Tiffany& Co., is closing its tiffany in Yellowknife, in Canadas Northwest Territories effective February 19th, the company said.Laurelton said it will continue to source rough diamond from NWT mines, adding diamonds Tiffany jewellery sourced from Canada which was previously polished in the Yellowknife facility will now be polished in the companys other facilities.Laurelton Diamonds opened the Yellowknife operation in 2003 to obtain rough xmas bangles from new mines in the Northwest Territories and to establish closer ties with Canadian suppliers.Pandora Bracelets
Laurelton Diamonds began its operations in Yellowknife as new diamond discoveries in Canadas Northwest Territories were driving local industry and business development,said Andrew Hart, president of Laurelton Diamonds.The high cost base of the operation and the lack of additional rough diamond supply opportunities have been the major factors in preventing the operation from remaining viable.UGG sale

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