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Famed jewelry maker Speidel files for bankruptcy

6:02 PM Fri, Jun 26, 2009 |
News staff    Email

By Benjamin Gedan
Journal Staff Writer

Speidel, a 105-year-old Providence jeweler, filed for bankruptcy late Friday.

The case will be heard on July 16 by Judge Michael A. Silverstein in Superior Court, Providence.

Speidel has had several owners in its long history. The most recent was Frederick N. Levinger, who spent three decades at The Colibiri Group, another major Rhode Island jewelry manufacturer.

Levinger bought Speidel in 2007. In that purchase, he also acquired the Providence Watch Hospital, a watch sales and repair business with two retail stores. In all, the two companies had 47 employees.

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Comments

Jeff C said:

It's sad that Speidel could not even muster up the strength to notify their customers of their demise so that we could begin looking for a new watchband provider such as Hadley Roma.




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