Scio Diamond Technology announced yesterday that each of the company’s 10 diamond growing reactors, along with associated production support equipment, have arrived on schedule at the company headquarters in Greenville, South Carolina. The installation of these machines is a significant step forward in the company’s plan to initiate diamond production during its fiscal first quarter ending June 30 and ramp up to full production during the subsequent quarter ending September 30.
Prior to the arrival of the growing reactors, Scio’s laboratory facilities in South Carolina were being fitted with the necessary infrastructure to accommodate the reactors. Electrical backup and generation equipment and the associated air and humidity control have been completed, and the piping, conduit, and exhaust systems are nearing completion. To ensure a smooth installation of the new reactors, Scio R&D team completed preliminary testing of the reactors prior to transport of the reactors from Massachusetts to South Carolina. Now the production machinery is prepared for the beginning of the critical phased final testing once the lab infrastructure is completed.
Scio’s R&D team has been assembled at the headquarters in Greenville to ensure that the final lab preparations go smoothly and to begin final testing. Throughout the arranged extended stay in South Carolina, the team will be supporting the hiring and training of laboratory staff for ongoing operations.
Joseph D. Lancia, Scio’s CEO commented, “The arrival of our reactors in Greenville is a notable step as we move toward the production of diamond. This is an exciting and critical time in our history. We are pleased with the progress we have made and look forward to commencing production soon.”
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