JBT celebrates 125 years

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JBT celebrates 125 years

January 22, 2009

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Warwick, R.I.--The Jewelers Board of Trade (JBT) is celebrating its 125th anniversary this year and plans to release two special publications to mark the milestone.

According to a release issued by the JBT, it will provide all JBT members with a commemorative edition of its Red Book in March, as well as a condensed guide to credit decision making called The Do's and Don'ts of Credit, to be available this spring.

In addition, every member will receive a free month's subscription to the JBT's New Claims and Bankruptcy Report.

"We are thrilled to reach this extraordinary milestone serving the jewelry industry," JBT Board Chairman Harvey O'Conor said in a media release. "The Commemorative Edition Red Book features our many advancements over the years in providing critical information and assistance to members with credit, collections and marketing needs, along with its primary purpose of delivering all JBT business listings in printed form."

He added that because many of the JBT's members are smaller businesses without a dedicated credit manager, the credit guide will help them seek out the right information before they ship product.

These initiatives follow a series of advancements in technology at the JBT, culminating in a vastly improved member Web site that is easier to navigate and, for the first time, provides online access to the JBT's database of more than 30,000 business listings.

In addition, the upgrades allow members to place and monitor collections online and sign up for JBT Credit Watch, a system that issues e-mail alerts when there are key changes to customers' credit information.

JBT President Dione Kenyon said these upgrades leave members more time to concentrate on other business matters, especially in these challenging times.

"While we have endured for 125 years, we remain more essential than ever in providing the critical credit information that the jewelry industry has come to rely on, especially in demanding business climates," she said.

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