Lab-grown diamond specialist Green Rocks has unveiled its new production facility in Israel which it said will be fully operational by Q1 2022.
The facility, which will also cover research and development for the company, is near the city of Nazareth and is being built by Green Rocks’ sister company Isrough.
Ofer Mizrahi, owner of parent company Ofer Mizrahi Diamonds, said of the new site: “This is exactly what I envisioned at the beginning of our journey, a state-of-the-art facility that benefits our people and the community surrounding it.”
The facility will initially be 80,000 square feet but with the potential to expand that size to 100,000 square feet of space.
“Sustainability is one of our core values” added Adam Hoffman, CEO of Isrough. “We are thrilled to build a facility that will not only grow the best lab-created diamonds in the world, but also will help empower future leaders in the field of diamond science.”
Green Rocks already has offices in Israel, Europe, the United Kingdom, Canada and the United States, with retailers in Australia, New Zealand, Canada, England, Scotland, Ireland, Belgium, France and every US state.
Green Rocks CEO, Leon Peres, said: “Not only is our new R&D and production facility allowing us to scale production to meet explosive demand, it’s an essential component in our corporate mission of true sustainability.”