GIA Plans to Open Lab in Israel

(IDEX Online News) – The Gemological Institute of America (GIA) plans to open a lab in Israel in fourth quarter 2011. In addition to the lab, the GIA center will include education and research activities.

The announcement today, by GIA president Donna Baker and Israel Diamond Institute President Moti Ganz follows many months of quiet negotiations, including secret visits to Israel by top GIA executives.

GIA Israel will offer GIA Diamond Grading Reports and Diamond Dossiers.

"Israel is among the world's most dynamic and innovative diamond centers and we are very excited to support the trade on-site through our independent laboratory, education and research facilities," Baker said. "We are thankful to IDI and IsDMA for their invaluable support in entering this vibrant community."

According to Ganz, "The Israeli diamond industry has established itself in a leadership position in the global trade. GIA will further strengthen this position by providing opportunities for our constituents to enhance their skill and knowledge base, which will expand our talent pool within the market."

Further details on the GIA facility and services in Israel will be announced at a later date, the sides said in a release.