GIA and AGS Merge Operations with GIA Taking Over AGS’ Grading Division

The American Gem Society (AGS) will shut down laboratory operations at the end of this year and integrate them into the Gemological Institute of America (GIA).
AGS Laboratories’ research staff, intellectual property (IP), technology and Las Vegas facility will become part of the GIA, the two organizations announced Wednesday. AGS Laboratories will continue to provide services until the end of 2022 and will contact clients with details of the transition, it said.
The amalgamated team will “develop innovative products” to help consumers and the trade, encompassing light-performance research and a “science-based” fancy-cut grade standard, they said.  
“This consequential agreement brings AGS and GIA even closer, driving our future with 90 years of shared history and elevating our founders’ vision,” commented AGS CEO Katherine Bodoh in a joint statement.

Source: Rappaport
Photo Credit: Circa Jewels & GIA