article by KEVIN MANEY here.
BOSTON — In the back room of an unmarked brown building in a run-down strip mall, eight machines, each the size of a bass drum, are making diamonds.
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The company doing this is Apollo Diamond, a tiny outfit started by a former Bell Labs scientist. Peer inside Apollo's stainless steel-and-glass machines, and you can see single-crystal diamonds literally growing amid hot pink gases.
This year, Apollo expects to grow diamonds as big as 2 carats. By the end of 2005, it might expand to 10 carats. The diamonds will probably start moving into the jewelry market as early as next year — at perhaps one-third the price of a mined diamond.
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