Tandy Leather Appoints Bandera Partners Candidate to the Board
February 11, 2014 at 03:11 pm EST
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On February 11, 2014, Tandy Leather Factory, Inc. announced that it has expanded the Company's board to 10 members, and elected Jefferson Gramm to serve as a member of the board effective February 11, 2014. The Company also said that Gramm has been a portfolio manager at Bandera Partners LLC since 2006. Further, the Company said that its board has not yet determined the committees of the board on which Gramm will serve.
Tandy Leather Factory, Inc. is a specialty retailer of leather and leathercraft-related items. The Company's product line includes leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company also offers production services to its business customers such as cutting (clicking) and splitting and some assembly. It distributes product under the Tandy Leather, Eco-Flo, Craftool, CraftoolPro and Dr. Jackson's brands, along with its premium TandyPro line of products. It operates a production facility in Fort Worth, Texas. The Company sells its products through Company-owned stores and through orders generated from its global websites, and through direct account representatives in its commercial division. The Company distributes its products through its approximately 101 North American stores located in 40 states in the United States and six Canadian provinces, and one store located in Spain.