Independents

Midas Chain Expands Again

IndependentsMay 25, 2021

Midas Chain Expands Again

The jewelry manufacturer will double the size of its facility.

Midas Chain is ready to expand again, just two years after relocating its headquarters.
Northvale, N.J.—Midas Chain is gearing up for another expansion, just two years after relocating its headquarters.
 
The jewelry manufacturer moved to a new facility in northern New Jersey in 2019, tripling the size of its head office.
 
This new expansion includes two nearby properties, which will double the size of the facility when completed.
 
The company did not disclose the measurements or cost of the expansion.
 
“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.
 
The current headquarters was designed to “maximize process flow through every department,” said the company, and improve the client experience.
 
A private entrance and a modern showroom were designed to streamline the sales experience.
 
Some new hires may also be on the way as the company expands.
 
“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,” added Weinberg.

 Related stories will be right here … 
Lenore Fedowis the associate editor, news at National Jeweler, covering the retail beat and the business side of jewelry.

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