Tacony Corporation of St. Louis, Missouri and SCS, Sewing Center Supply Co., Inc. of Portland, Oregon have entered into a Memorandum of Understanding for Tacony to acquire the assets of SCS on September 30, 2008.
Under the agreement, Tacony will become the exclusive importer in North America and direct all the distribution of the varied SCS brands and products, including Madeira Thread, Klasse needles, Hemline luggage and notions, and Suzy’s bags and baskets. Tacony will also control and direct the design, manufacturing and worldwide distribution of the premier line of Koala Sewing and Craft furniture and studios.
Read the complete press release here.
Filed under: Tacony Corporation News |
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