Scio Diamond, headquartered in Greer, will use its equipment along with its patented technology to grow diamonds in its new facility. These diamonds will be manufactured in the U.S.A., and will be sold to both the jewelry and the industrial markets worldwide.
Each of Scio Diamond's machines can produce a little less than 1,000 carats per year. The company also plans to laser inscribe the stones. Scio's machines have produced up to 2 ct. stones, however, the sweet spot will be half-carat to three-quarter-carat stones at this time.
The company plans to begin wholesaling gemstones from its new home base manufacturing facility to the jewelry market in summer 2012.