August 27, 2008

Cash4Gold Purchases a New Facility for Cash4Gold Headquarters

Cash4Gold, the market leader for buying gold online, has purchased a 40,000 sqft Gold processing facility due to overwhelming growth in their company. Cash4Gold now has a team of 260 people working in their operations ranging from Gold processors, Gold refiners, jewelry appraisers, and customer service specialists. The new location will allow growth of up to 600 employees.

Jeff Aronson, Cash4Gold CEO, said, "Our expansion further solidifies our domination of the selling gold online industry. We are the only company in our space that has a full refinery on the premises. We believe the new location will make Cash4Gold's gold buying process even better for our valued clients through a larger customer service department."

Cash4Gold has all the air permits and EPA documentation in place. The new location will allow for processing tens of thousands of refiner packs from Cash4Gold's clients wishing to sell gold online. Howard Mofshin, President, said, "even with the fluctuation of Gold prices, our volume as grown exponentially throughout 2008. Our new location will help us keep up with the high growth due to word of mouth advertising, great customer services, and overall high customer satisfaction."

Cash4Gold has already broken ground at the new facility. It should be fully operational in time for the holiday season. Last year Cash4Gold saw a major surge in business that correlated closely to the holiday season. Clients were cashing in their old gold for some extra holiday spending cash.

About is part of Albar Precious Metal Refining, Inc. one of the industry's most respected refiners and has consistently received an A Rating from the Better Business Bureau for seven straight years. Opened in 2001 and managed by a team of professionals with over 60 years in the industry, Cash4Gold has achieved a national reputation for growth by making Entrepreneur Magazine's "Hot 500" list for 2007 of fastest growing companies and is the only refinery ever to be listed in the prestigious Inc. Magazine list of the Fastest Growing Companies in America. Hundreds of thousands of customers have been served by Cash4Gold and the company's services can be seen on national television spots and heard on satellite radio.

For more information about Cash4Gold, and to speak with a company official, please contact Howard Mofshin, President, at 954-970-3222 ext 109 or visit