The Leather Factory renamed Tandy Leather Factory
Stockholders have voted overwhelmingly to change the name of The Leather Factory, Inc. to Tandy Leather Factory, Inc. Chairman and CEO, Wray Thompson, commented: "Tandy Leather Company, founded by Charles Tandy and his father, was the first US Company dedicated to leathercraft. As such, we believe that Tandy's name recognition is the best in the industry. On the other hand, The Leather Factory has provided over twenty years of stability and predictability that enabled us to purchase Tandy Leather Company several years ago. In order to accurately reflect the long-term stability of The Leather Factory while at the same time promote the name recognition of Tandy Leather Company, it makes sense to change our corporate name to Tandy Leather Factory, Inc."
The name change will become effective upon the filing of a Certificate of Amendment with the Delaware Secretary of State amending the company's Certificate of Incorporation. This filing is expected to occur within the next week.
The Leather Factory is a specialty retailer and wholesale distributor of a broad product line including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products as The Leather Factory through its wholesale centres and as Tandy Leather Company through its retail stores.