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Polishing factories in Surat will close for up to two months for the Diwali holiday. Will manufacturers return to find a better market?
Jeweler turned 71.26-carat stone into 15- and 20-carat diamonds.
Company says it’s no longer sourcing diamonds from Russia.
Voluntary freeze to go into effect on October 15.
Esteemed polisher held several patents.
Sales of cutting equipment fell in 2022.
Revenue fell 30% year on year in last quarter of 2022.
Joseph Esposito will enter his third term.
Third-quarter revenues benefited from launch of Meteorite Plus machine.

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