Pandora Expands Lab-Grown Diamond Production with New Facility in Vietnam
Pandora (PNDZF:OTCMKTS) is expanding its lab-grown diamond production by opening a new manufacturing facility in Vietnam. The company expects this move to increase output by 50%, supporting anticipated future growth. CEO Berta emphasized the strategic importance of building capacity for long-term expansion. The shift toward lab-grown diamonds aligns with growing consumer demand for sustainable and ethically sourced jewelry, which could position Pandora more competitively in a rapidly evolving market.
Tickers: $PNDRY
Topics: lab-grown diamonds manufacturing expansion Vietnam operations