Connect with us

Press Releases

Prime Lab-Grown Producer Plasmability and HRA Group Enter Into Strategic Partnership

In this collaboration, Plasmability will grow premium lab-grown rough diamonds and HRA will exclusively cut, polish and distribute Plasmability’s diamonds into the market.

mm

Published

on

Plasma HRA team from left to right: Sherri Basnett, Aaron Ariel, Itay Ariel, Bob Basnett, Ophir Stolov, Bill Holber
Plasma HRA team from left to right: Sherri Basnett, Aaron Ariel, Itay Ariel, Bob Basnett, Ophir Stolov, Bill Holber

(PRESS RELEASE) AUSTIN, TX — Plasmability LLC (“Plasmability”), a premier lab-grown diamond producer based in Austin, Texas, announced that it has entered into a strategic partnership with the HRA Group (“HRA”) to cut, polish and distribute its lab-grown diamonds exclusively through HRA.

The basis for this alliance is rooted in the companies’ shared passion for being market leaders in product development and manufacturing excellence. In this collaboration, Plasmability will grow premium lab-grown rough diamonds and HRA will exclusively cut, polish and distribute Plasmability’s diamonds into the market.

CEO and co-founder Bob Basnett, announcing this new partnership, said, “we are thrilled to have partnered with HRA to manufacture and distribute our diamonds. Their manufacturing and market expertise adds a tremendous amount of value to our business.” He continued: “After years of work, it is extremely gratifying for our entire team to have our product distributed into the diamond and jewelry market. The feedback we have gotten has been remarkable and we are excited for this new chapter.”

Itay Ariel, executive director of HRA said, “after years of watching the lab-grown diamond industry emerge, we have been very careful and thoughtful of how and if we will enter this market. When we met Plasmability’s incredible team and learned about their technology and vision, we knew we found the right partners. The response we received from industry veterans on the product has been exceptional. We are very excited about this partnership and bringing Plasmability’s diamonds to the market.”

Plasmability is now regularly growing certified 2-5 carat polished diamonds with D-F color and VVS clarity with development plans to increase sizes in the near future. All Plasmability diamonds are produced in Austin, Texas, as grown and without post growth HPHT treatment and will be distributed with a GIA certificate with super high end makes in both round and fancy shapes. Plasmability’s unique proprietary process leaves no graining and no growth lines giving it a signature look. This makes the diamonds suitable for true luxury goods, beyond the typical lab-grown offerings.

Speaking on the quality of the product which has been popular on his website here, diamond expert Brian Gavin recently remarked, “Plasmability’s lab grown product is unlike any other product I have seen. The sizes, clarity and characteristics are unique to their growing technology and make the product unrivalled in our industry. It’s the only product I have found that is suitable for my exacting standards”

Advertisement

Advertisement

SPONSORED VIDEO

Honoring a Legacy: How Smith & Son Jewelers Exceeded Every Goal With Wilkerson

When Andrew Smith decided to close the Springfield, Massachusetts location of Smith & Son Jewelers, the decision came down to family. His father was retiring after 72 years in the business, and Andrew wanted to spend more time with his children and soon-to-arrive grandchildren. For this fourth-generation jeweler whose great-grandfather founded the company in 1918, closing the 107-year-old Springfield location required the right partner. Smith chose Wilkerson, and the experience exceeded expectations from start to finish. "Everything they told me was 100% true," Smith says. "The ease and use of all their tools was wonderful." The consultants' knowledge and expertise proved invaluable. Smith and his father set their own financial goal, but Wilkerson proposed three more ambitious targets. "We thought we would never make it," Smith explains. "We were dead wrong. We hit our first goal, second goal and third goal. It was amazing." Smith's recommendation is emphatic: "I would never be able to do what they did by myself."

Promoted Headlines

Advertisement

Advertisement

Advertisement

SUBSCRIBE
INSTORE Bulletins
BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Latest Comments

Most Popular