Press Releases

Midas Chain to Expand Headquarters

The company will double its footprint.

Published

3 years ago

May 25, 2021

Press Releases

(PRESS RELEASE) NORTHVALE, N.J. — Just two years after relocating its corporate headquarters to accommodate for the company’s rapid growth, MIDAS Chain is slated for another expansion.

In 2019, the operations tripled in size when the company moved to a new facility in Northern New Jersey. The newly announced expansion includes two properties next to the current headquarters, which will once again double the company’s footprint when the project is completed.

The new facility will allow MIDAS Chain to leverage state-of-the-art architectural design even further. The existing headquarters was designed to maximize process flow through every department and create a concierge-level experience for clients. This includes a private entrance and ultra-modern showroom designed to streamline that sales experience.

“The new building will allow us to expand upon the latest technology in automation systems, which befits the strategic vision of Midas,” said VP Operations Michael Weinberg. “In addition, we intend on leveraging the extensive talent pool in the Tri-state area and enhancing our people strategy to reflect the growth of the company,” he added.

MIDAS Chain is located in Northvale, New Jersey. The jewelry manufacturer is known for its innovation in creating the latest trends in the industry with an extensive catalog of more than 10,000 products. Visit www.midaschain.com or call (201) 244-1150 for more information

You Wouldn’t Cut Your Own Hair. Why Run Your Own Retirement Sale?

After being in business for over a quarter of a century, Wayne Reid, owner of Wayne Jewelers in Wayne, Pennsylvania, decided it was time for a little “me time.” He says, “I’ve reached a point in my life where it’s time to slow down, enjoy a lot of things outside of the jewelry industry. It just seemed to be the right time.” He chose Wilkerson to handle his retirement sale because of their reputation and results. With financial goals exceeded, Reid says he made the right choice selecting Wilkerson to handle the sale. “They made every effort to push our jewelry to the forefront of the showcases,” he says, lauding Wilkerson for their finesse and expertise. Would he recommend them to other jewelers who want to make room for new merchandise, expand their business or like him, decide to call it a day? Absolutely he says, equating trying to do this kind of sale with cutting your own hair. “The results are going to happen but not as well as if you have a professional like Wilkerson do the job for you.”