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IGC Group Celebrates its Centennial in 2012

Feb 9, 2012 10:38 AM   By IGC Group
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Press Release:  Throughout 2012, Belgian diamond manufacturing company IGC Group, which is renowned for its fine-make in small brilliants, single-cut and larger stones will be celebrating its 100th anniversary.

In 1912, the entrepreneurial spirit of Jacques Claes, assisted by his diamond cutting father Frans Claes, laid the fundamentals of the worldwide organization that IGC Group is today.

Initially, diamonds were manufactured in Belgium and traded on the Antwerp market, later an international network of customers was attracted. Since 1955 the company has been sourcing rough diamonds directly from the trading division of mining company De Beers. This strong relationship endures to this day making IGC Group one of the Diamond Trading Company's (DTC) oldest sightholders.

A major milestone in the history of the company was the establishment of a large polishing factory in Thailand in 1980. Since then two more factories joined the group:  One in Laos in 1999 and another factory in Botswana in 2007. Four generations of diamond expertise and more than 1,800 highly-skilled professionals ensure daily supplies of the finest made diamonds to all corners of the world.

As manufacturing output grew, new sales offices were opened in New York, Hong Kong, Chennai, Shanghai and Chicago.

The company continues to meet the highest standards of the luxury retail market, making IGC Group the ideal strategic diamond partner of the Swiss watch industry, retailers and jewelry manufacturers worldwide.

This centenary year not only reminds us of the exciting journey we have made thus far, but also strengthens our determination to build an even brighter future together with our customers and partners.

Rapaport News is not responsible for, and does not endorse, the content of any press release. Press releases are not written by us and are provided only as additional information for our clients.

Tags: 100 years, celebration, igc group, sightholder
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