Richline Group Featured in Responsible Jewelry Council Annual Progress Report

Mark Hanna, as featured in the 2016 Annual Progress Report from the Responsible Jewelry Council:

Richline believes that our Corporate Social Responsibility programs must be authentic. We pursue a “Return on Responsibility” model that considers our investment in responsible practices by examining all the positive effects of our future viability. Transparency and trustability are real goals. Our RJC Membership and participation is a catalyst for the guidance and verification of our corporate commitments. RJC’s certified Members clearly exhibit this responsible commitment; one that is meaningful to the jewelry industry’s reputational value and consumer positioning. RJC Membership and certification is an investment in harmonized, responsible initiatives. As responsible leaders in our industry, RJC devotes time, effort and money to do work that, in many cases, is not easy to measure. Our RJC Membership keeps us on track and the network of RJC Members ensures a “best in class” framework for initiatives.

Click here to learn more about the Responsible Jewelry Council, and to read the full report.

Richline Group Acquires Nordt

Roanoke, VA and New York, NY – Richline Group, Inc. has the pleasure to announce the acquisition, effective June 1, 2016, of John C. Nordt, Inc. Joe Esposito, Richline’s EVP of Manufacturing said that “Nordt is another important and strategic addition to our brands. The firm’s unique and successful business model is a tribute to the leadership of the Nordt family. The synergies between Nordt and our LeachGarner and Nobilis business units will accelerate our growth into the PGM industrial markets. Nordt has a great product line, talented people and long term relationships with its clients”.

Joe White, President of LeachGarner, A Richline Group Company stated, “The combination of Nordt’s proprietary process technology and LeachGarner’s scale is unique in the precious metal industry. We look forward to integrating our businesses to deliver enhanced value to our existing customer base and leveraging our new synergies outside our traditional channels.”

Five generations of the Nordt family have led the firm over 140 years. Paul Nordt III, Rob Nordt, Sr. and Rob Nordt, Jr. will continue to lead the company along with a highly experienced professional management team. Paul Nordt stated “Richline’s strength will enhance the core corporate capability brought to our customers including our unique and proprietary processes for precious metals. We have long been proud of the creation of products of extreme precision and adaptability for the jewelry industry.”

ABOUT JOHN C. NORDT:

John C. Nordt is an ISO 9001:2008 certified company and a leading manufacturer and supplier of precious metal products to the jewelry industry. Founded in 1872 in New York City, Nordt has operated in Roanoke Virginia since 1984.

ABOUT RICHLINE GROUP, INC.:

Richline Group, Inc., a wholly-owned subsidiary of Berkshire Hathaway Inc., is the USA’s foremost Fine Jewelry Manufacturer and Marketer. Richline Group was formed in 2007. Currently the major brands comprising Richline’s portfolio are LeachGarner, Inverness, Rio Grande and Richline Jewelry. Berkshire Hathaway and its subsidiaries engage in diverse business activities including property and casualty insurance, utilities and energy, finance, manufacturing, retailing and services. The Common Stock of Berkshire Hathaway is listed on the New York Stock Exchange under the symbols BRK.A and BRK.B.

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Richline Group a Proud Member of Jewelry Industry Initiative to Combat Wildlife Trafficking

As announced by the U.S. Wildlife Trafficking Alliance, Richline Group—alongside jewelry industry leaders Signet Jewelers and Tiffany & Co.—is celebrating World Wildlife Day by announcing its commitments to support broad jewelry industry efforts in the fight against wildlife trafficking.

“The only way to stop wildlife trafficking is to band together, continue the jewelry industry’s existing steadfastness to legal compliance and to stop supply and demand. Everyone in this industry has an essential part to play,” said Mark Hanna, Chief Marketing Officer at the Berkshire Hathaway owned Richline Group, Inc. “Richline and our industry organization partners are committed to raise awareness and share best practices with our peers to achieve progress on this critical issue.  We hope the announcements today will be a catalyst for a series of additional commitments from others in our industry.”

Richline Group’s commitments include keeping the elimination of wildlife trafficking part of best practice discussion, and to assist companies that want to update their codes of conduct through the newly introduced IvoryFreeJewelry.com.

“Worldwide demand for ivory and other illegal wildlife products is decimating iconic wildlife populations and supporting international criminal syndicates that are destabilizing governments and supporting terrorist groups,” said David J. Hayes, Chair of the U.S. Wildlife Trafficking Alliance. “The Alliance is honored to partner with leading companies, conservation organizations, and the U.S. government to educate U.S. consumers and shut down U.S. demand for illegal wildlife products. By putting our wallets in line with our values we can work together to protect these treasured species for the benefit of our planet, our security, and future generations.”

Wildlife trafficking is a criminal, multi-billion dollar industry centered on the killing of endangered and threatened species to produce illegal products made from ivory, snake skins, animal furs, and other animal parts. The U.S. is one of the largest markets for these products, which means that demand from American businesses and consumers influences whether lions, elephants, pangolins, and other at-risk species will become extinct within our lifetime.

For a complete list of companies and NGOs partnering with the U.S. Wildlife Trafficking Alliance visit USWTA.org. For upcoming information on how jewelers can help fight wildlife trafficking, sign up at IvoryFreeJewelry.com.

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Dennis Ulrich Elected as Jewelers For Children Board Chair

From IDEX:

The board of industry charity Jewelers for Children (JFC) has elected Dennis Ulrich of the Richline Group to the role of chair of the board effective October 1. Ulrich will replace Ruth Batson of the American Gem Society and AGS Laboratories who is to conclude a second, one-year term.

Richline Group is proud of the leadership role that CEO, Dennis Ulrich, is taking in this essential industry initiative.

“It’s an honor to be asked to serve as board chair of this organization an that works tirelessly to help children in need,” said Ulrich. “What Jewelers for Children has accomplished in just 18 years is nothing short of extraordinary. I feel privileged to follow in Ruth’s footsteps, and look forward to working alongside a truly inspiring group of industry leaders on behalf of such a important cause.”

To learn more about how the jewelry industry is working together to help children in need, visit Jewelers for Children.

Richline Group Achieves Re-Certification by the Responsible Jewellery Council.

An Important Announcement

The Responsible Jewellery Council announced today that Richline Group, Inc. has achieved Re-Certification by meeting the highest ethical, social and environmental standards established by the RJC. RJC congratulated Richline Group on achieving this Re-Certification.

David Boudreau, Richline’s Chief Operating Officer, stated “The Responsible Jewelry Council represents, at the highest level, the guidance and verification that our own Richline Responsible program strives to achieve. This Re-Certification is further verification of our efforts, both internally and externally, that doing the right thing can be monitored and audited”.

“RJC warmly congratulates Richline Group Inc. on its Re-Certification” says Ashish Deo, RJC’s Chief Executive Officer. The successful verification assessment was conducted by Underwriters Laboratories, one of the independent third party auditing firms accredited by the RJC.

David Meleski, Richline’s President said “Having been a proud member of the Responsible Jewellery Council for many years, it is an honor to be a part of such an industrious and important organization. As a worldwide company, we have been driven by our strong values of fair, sustainable and ethical trading throughout the supply chain”.

About Richline Group, Inc.

Richline Group, Inc., a wholly-owned subsidiary of Berkshire Hathaway Inc., is the USA’s foremost Fine Jewelry Manufacturer and Marketer. The Richline Group was formed in 2007. Currently, the major brands comprising Richline’s portfolio are LeachGarner, Inverness, Rio Grande and Richline Brands. Berkshire Hathaway, and its subsidiaries, engage in diverse business activities including property and casualty insurance, utilities and energy, finance, manufacturing, retailing and services. The Common Stock of the Company is listed on the New York Stock Exchange under the symbols BRK.A and BRK.B.

For more information:

Contact: Mark Hanna PH: (212) 886-6212 Mark.Hanna@RichlineGroup.com

About RJC

The Responsible Jewellery Council is an international not-for-profit standards and certification organization. It has more than 500 Member companies that span the jewellery supply chain from mine to retail. RJC Members commit to and are independently audited against the RJC Code of Practices – an international standard on responsible business practices for diamonds, gold and platinum group metals. The Code of Practices addresses human rights, labour rights, environmental impact, mining practices, product disclosure and many more important topics in the jewellery supply chain. RJC also works with multi-stakeholder initiatives on responsible sourcing and supply chain due diligence. The RJC’s Chain-of-Custody Certification for precious metals supports these initiatives and can be used as a tool to deliver broader Member and stakeholder benefit. The RJC is a Full Member of the ISEAL Alliance–the global association for sustainability standards.

For further information please contact: Gerhard Humphreys-de Meyer, Communications Coordinator, Responsible Jewellery Council Telephone + 44 (0)20 7836 6376,gerhard.humphreysdemeyer@responsiblejewellery.com

For more information on RJC Members, Certification, and Standards please visit www.responsiblejewellery.com

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Richline Group Receives the WJA Corporate Award

From the Women’s Jewelry Association (WJA):

The Women’s Jewelry Association named its Hall of Fame honorees for the association’s annual Awards for Excellence gala, to be held Monday, July 28, 2014, at Pier 60 on the Chelsea Piers in New York City. Ruth Batson, executive director and CEO of the American Gem Society and AGS Laboratories, will receive the Lifetime Achievement Award; David J. Bonaparte, president & CEO of Jewelers of America, will receive the Ben Kaiser Lifetime Achievement Award; and Richline Group will receive the Corporate Award.

[…]

“Richline Group is honored to accept WJA’s Corporate Award. We are proud of the leadership exemplified by our key top women executives and fully support the WJA mission to help women in the jewelry industry advance and develop professionally, ” says Dennis Ulrich, CEO.

Richline Group is honored to be recognized as a Hall of Fame Honoree by the WJA, the leading women’s group in the jewelry industry. We continue to strive for leadership with regard to the advancement and development of women here at Richline, both through the support of the WJA and through our own Richline Responsible ideals on corporate citizenship.

It is a privilege to have these efforts acknowledged by a group that has done so much to help women thrive within the jewelry industry.

Richline Group Working With Key Industry Groups To Push for Updated Made in the USA Guidelines

From the June 18th, 2014 joint statement to the FTC for Guidance on “Made in the USA” Claims:

On June 17, 2014, four trade associations, along with the Richline Group, asked the Federal Trade Commission (FTC) for an advisory opinion stating that jewelry composed of metals recycled in this country could be advertised as “Made in the USA.” The four associations are the Jewelers Vigilance Committee, the Manufacturing Jewelers and Suppliers of America, Jewelers of America and the American Gem Trade Association.

[…]

The request for an advisory opinion was based on the fact that significant time and resources go into collecting recyclable material, delivering it to refiners in the United States, and then processing the items to a purity level of almost 100%. The associations and Richline argued that upon recycling, metal begins a new life cycle, with a new origin in this country – regardless of where it was originally mined. For this reason, according to the request, products composed of metals recycled in this country should qualify for a “Made in the USA” claim. If the request is granted by the FTC, sellers would be able to make the claim – as long as they could substantiate that the metal was recycled at a domestic refinery.

Richline Group is proud to work alongside the JVC, MJSA, JA and AGTA in this attempt to drive the first meaningful change to the “Made in America” guidelines since they were last revised by the FTC in 1997.

It has long been our belief that the current guidelines make it impossible for well-meaning companies to properly market jewelry that has been wholly created here in America. We will continue to work closely with both industry organizations and the FTC to discover viable ways for American refiners and manufacturers – such as our own LeachGarner division – to properly and legally denote jewelry as “Made in the USA” while continuing to protect the rights of consumers everywhere.

Click here to read and download the full press release from the JVC

Richline Group CMO Featured in Fast Company

Chief Marketing Officer, Mark Hanna on trust and RoR (Return on Relationship):

“The growth of our business over time is really about how strong our relationships are and how strong the trust is. Improving that trust every year is my single most important goal as CMO.”

Read the full article on Fast Company and learn more about Richline Group’s approach to building smaller brands and better customer relationships.

For even more details on how Richline Group works diligently to meet the needs of its retail partners, you can also read the extended interview with Mark Hanna on TheDrewBlog.com.

LeachGarner Wins Team Massachusetts Economic Award

For Immediate Release – 12–17–13

MassEcon announces LeachGarner as a winner for the 10th annual Team Massachusetts Economic Award.

LeachGarner, A Berkshire Hathaway Company and a division of Richline Group, Inc., has been named as a Silver winner for the Team Massachusetts Economic Impact Awards, awarded annually by MassEcon. The awards celebrate companies that have made an outstanding contribution to the Massachusetts economy.

LeachGarner was chosen because of its leadership position as a precious metals supplier in support of the jewelry industry, government, and other industrial market sectors that require end-to-end precious metal solutions. LeachGarner has invested in many capital upgrades since 2012 and continues to spend millions of dollars with Massachusetts based suppliers and local services providers. LeachGarner employs over 600 individuals in Massachusetts.

“We have worked diligently in the past 18 months to establish LeachGarner as a leading precious metal supplier and are proud to be honored as a Silver winner of the Tenth Annual Team Massachusetts Economic Impact Awards. “We look forward to a future of continued growth and renewed commitment to the state of Massachusetts.” said Joe White, President of LeachGarner.

MassEcon selected the winners based on job growth, facility expansion, and investment since January 1, 2012, as well as other criteria including community involvement. Finalists competed on a regional basis, defined as West, Central, Southeast, Northeast, and Greater Boston.

“MassEcon is proud to honor these companies for staying and growing here. These awards demonstrate our appreciation for the significant commitment these companies have made throughout the Commonwealth, and this year, in particular, we have seen a resurgence in job growth and investment that deserves recognition,” stated Susan Houston, Executive Director of MassEcon.

About LeachGarner

LeachGarner, A Berkshire Hathaway Company, is a leading supplier of precious metals and provides support to the jewelry industry, government, and other market sectors which require end-to-end precious metal solutions.

About Richline Group, Inc.

Richline Group, Inc., a wholly owned subsidiary of Berkshire Hathaway Inc., is the USA’s foremost fine jewelry manufacturer and marketer. The Richline Group was formed in 2007. Currently, the major brands comprising Richline’s portfolio are LeachGarner, Inverness, Rio Grande and Richline Brands. Berkshire Hathaway and its subsidiaries engage in diverse business activities including property and casualty insurance, utilities and energy, finance, manufacturing, retailing and services. The Common Stock of the Company is listed on the New York Stock Exchange under the symbols BRK.A and BRK.B.

View the full press release here

Richline Group Achieves RJC Certification

The Responsible Jewellery Council (RJC) announced today that Richline Group, Inc., the U.S. based fine jewelry manufacturer and distributor, has achieved certification by meeting the highest ethical, social and environmental standards established by the RJC’s Member Certification system.

“RJC warmly congratulates Richline Group, Inc. on its certification. The successful verification assessment was conducted by UL Responsible Sourcing, one of the independent third-party auditing firms accredited to the RJC’s Member Certification system,” says Michael Rae, RJC’s Chief Executive Officer.

“Richline Group Inc. strives to conduct its business in accordance with high ethical business standards and seeks to have its associates, vendors, suppliers and all stakeholders conduct themselves in the same manner. We believe that we can be responsible to the world while maintaining the innovation, technology and creativity that are at the forefront of the success of all our business units,” says Dave Meleski, President of Richline Group Inc.

According to David Boudreau, Richline’s COO, “This certification is one of numerous, important compliance and ethical standards and doctrines that our Richline Responsible initiative addresses. Our compliance team has done admirable, diligent work on such issues”.

About Richline Group Inc.

Richline Group, Inc., a wholly-owned subsidiary of Berkshire Hathaway Inc., is the USA’s foremost Fine Jewelry Manufacturer, Distributor and Marketer. The Richline Group was formed in 2007. Currently, the major brands comprising Richline’s portfolio are Leach Garner, Inverness, Richline International, Rio Grande and Richline Brands. Berkshire Hathaway and its subsidiaries engage in diverse business activities including property and casualty insurance, utilities and energy, finance, manufacturing, retailing and services. The Common Stock of the Company is listed on the New York Stock Exchange under the symbols BRK.A and BRK.B.

About RJC

The Responsible Jewellery Council is an international not-for-profit organization bringing together more than 420 member companies. RJC and its Members are committed to promoting responsible ethical, human rights, social and environmental practices in a transparent and accountable manner throughout the jewellery industry from mine to retail. The RJC has developed the RJC Member Certification system which applies to all Members’ businesses that contribute to the diamond, gold and platinum metals jewellery supply chain. All Certified Members of the RJC are audited by accredited, third party auditors to verify their conformance with the RJC’s Code of Practices. The RJC is a Full Member of the ISEAL Alliance – the global association for sustainability standards. For more information on RJC Members, Certification, and Standards please visit The Responsible Jewellery Council website.

View the full press release here.