Balfour is an American producer of high school, college, military, and championship rings, as well as yearbooks, caps and gowns, and graduation announcements.
During that time Balfour noticed several trends in the business, including lack of standardization, poor workmanship, inferior materials, and fictitious guarantees.
[citation needed] The business grew from a small nucleus of skilled craftsmen led by Mr. Balfour in a facility in Attleboro, Massachusetts which was known at the time as the jewelry capital of the world.
Lloyd Balfour's wives, Ruth who died a few years after they married and Mildred, were members of Pi Beta Phi and the L.G.
During World War II, Balfour produced a variety of war-time medals and other products in support of our armed services.
In the 1960's General Dynamics contracted Balfour to make tie clips in the shape of submarines for their Electric Boat division.
Celestrium is more malleable than typical stainless steel, which allows it to be engraved, etched and pressed as easily as gold, but its strength and luster preserve the design and shine without tarnishing the way silver does.
This chemical composition also means that jewelry fabricated from Celestrium rarely needs cleaning or buffing to retain its brightness.
[5] In June 1961, Balfour was accused by the federal government of monopolizing the sale and distribution of fraternity and sorority jewelry and rings.
In the late 1970s, Balfour acquired the Norton Facility and Caudle Engraving in Dallas, after which the company's graphics business greatly expanded.
CJC Holdings, Inc. set up a new company known as Scholastic Brands, Inc. to combine the operations of Balfour and ArtCarved, and the acquisition took effect on December 16, 1996.
In 2002, American Achievement Corporation announced the acquisition of the Philadelphia-area firm, Milestone Traditions, a company specializing in the development of exclusive official ring programs.
With this acquisition, Balfour, ArtCarved, Taylor Publishing, and Milestone Traditions were all combined under the American Achievement Corporation.
[13] Lloyd Balfour was initiated to the York Rite of Freemasonry,[14][15] till his elevation to the highest degree of Grand Master.