New Company Scio Making Synthetic Diamonds



A new company, Scio Diamond Technology, plans to begin manufacturing lab-grown colorless and pink stones next year.Joseph Lancia, CEO of the Greer, S.C.–based firm, which went public Sept. 23, admits Scio is mostly focused on developing diamonds for industrial purposes, with gems as a sideline. “We will have a small jewelry division,” Lancia tells JCK. “The technology side has a lot more value.”The company purchased the assets and intellectual property of Boston CVD diamond producer Apollo Diamond for $2 million in August, according to an 8K filed with the SEC.It plans to begin produ
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