"We are pleased to report that our Greenville, SC factory has returned to full growing capacity following the December water line break. All growers have been repaired and are back in production," announced Gerald McGuire, President and CEO, Scio Diamond.
The company had in its third quarter report mentioned a water line break in its facility on December 12, 2015 causing damage to its diamond growers and a significant interruption in production. The factory was partially operating again within a number of days, and is now restored to full capacity.
The company expects to show significant increases in output in March and April as the diamonds from the restored growers complete their growth cycle.
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