Swest Consolidated Into Stuller

June 19, 2003

Swest Consolidated Into Stuller

Stuller Inc. is consolidating its Swest operations into the Stuller fold, to "maintain a competitive cost structure, dependable product quality and exceptional customer service," according to a letter sent to Swest customers by Charles D. Lein, Stuller president and COO.

Wherever possible, Swest accounts will be converted to Stuller with the same terms and purchasing privileges, says Lein. "However, Stuller uses different qualification criteria in establishing its accounts, in order to protect the integrity of the jewelry trade as a whole," he wrote. Some Swest accounts may be set up on a limited basis with Stuller, where they will be able to purchase tools, supplies and fabricated metals. Certain items carried by Swest may be added to Stuller's product lines, based on a review process currently underway.

Swest will discontinue its call center and mail-order operations June 20, but the Swest Service Center showroom will remain open to sell all remaining inventory items on-site at reduced prices. All sales during this inventory liquidation will be final and only cash or credit cards can be accepted for payment.

For additional information on the liquidation, call the Swest Service Center at (800) 527-5057 or (972) 247-7744.

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