Stuller introduces Clean Scrap Program

Clean scrap converted to credit for purchase in three working days

Lafayette, LA (18 March 2008) - Stuller, Inc. recently introduced its new clean scrap program to aid jewelers facing increasing metal market prices.

“Many of our faithful customers have been asking us to help them find ways to purchase new products using scrap,” says CEO and founder Matt Stuller. “So, we listened. Our answer is a simple, speedy program that converts scrap into credit for Stuller products within three working days.”

The simplicity and speed of the program was welcomed by over 30 retailers in its introductory month of January, according to Darrell Warren, Stuller’s vice president of tools and supplies.

“We knew there was high demand for opportunities to liquidate older non-performing assets,” Warren says. “As our customers learn about our new service to receive their scrap, weigh, verify and melt it for credit within three working days, the positive response is instantaneous.”

“With tight cash flow due to high metal markets, turning my old product into new is a great blessing that helps us financially,” says Bob Gholson, owner of Gholson Originals in Waco, Texas. “Stuller’s speedy response has once again helped our business in a major way. Our scrap has been building up and it’s good to know that if we need to order something from Stuller, we’ve got this safe haven when times are tight.”

Given Stuller’s ability to deliver customized jewelry within 3-5 days and in-stock items overnight, developing a fast, reliable clean scrap program fit within its speed-oriented mission.

“We must be the fastest, most reliable company in everything we do in order for our customers to fully benefit,” Stuller says. “We’ve been told our timing couldn’t be better for this program. I’m glad we’re able to provide another way to help retailers succeed during challenging times.”

Stuller, Inc. is headquartered in Lafayette, LA and was founded by Matt Stuller in 1970. The DTC Sightholder has 13 operations located on three continents around the world, and provides a wide range of goods and services for jewelry professionals. Stuller’s core product categories include: diamonds, gemstones, finished jewelry, mountings, findings, bridal jewelry, tools and supplies.

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