By DAVID MAHLINGEN The Associated PressWEST PALM BEACH, Fla.
(AP)A $150-million jewelry repair service was launched in West Palm Beach on Monday, a rare move that will be an example of a new era of affordable service in the Florida Keys.
In addition to repairing $150 million worth of jewelry, the company will also sell the services of a $200,000 necklace, an $8,000 diamond and other fine jewelry.
“This is a historic moment for us because we’re going to be the first to have a fully-functioning service,” said Lisa Wolk, the executive director of the company.
“And we’re also going to make a statement to the community that we can do this.
This is going to change the way that you see the world.”
The company, which is owned by Wolk’s husband, Jeff, is one of many in the Keys that have launched new services since Florida passed the state’s “fiduciary” law, which requires people to hold certain types of assets, including stocks and mutual funds, in retirement plans.
Wolk says they’re not just trying to provide service.
They’re trying to help people save for retirement.
She said they’re looking to create jobs, and have already received hundreds of applications.
Wol says she expects to have 100 people working full-time within a year.
The new services, which are still in their early stages, are designed to help with a wide variety of items, including rings, necklaces, earrings, earmuffs, neck ties, watches and wallets.
Wong said she expects them to grow, and will start with a small group.
The service will continue to grow.
She has no timeline for when it will expand to a larger group of customers.
The Wolks have owned the business for nearly a decade.
The company is owned and operated by Wol and Jeff, who is also a licensed real estate broker.
They have four employees and six full- and part-time associates, as well as the company’s own business, which they are planning to sell.