We Have the Expertise ...

The Tannin Corporation and its subsidiaries are primarily involved in supplying chemicals to the leather tanning industry. The world wide consumption of leather goods has continued to increase over the past several years. Although the United States tanneries have continued to lose market share during the past several years, there has been a considerable expansion of the leather tanning industry in several parts of the world during this period, particularly in the far east and Mexico.

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MANAGEMENT TEAM
The middle and upper management of Tannin Corporation have over 150 years of combined experience in the leather industry. The persons, detailed below, are all stockholder/employees of Tannin Corporation. In addition, Robert S. Walker has been the attorney for Tannin Corporation since 1983. In addition to traditional legal services, Mr. Walker has been a close business consultant over the past 10 years. He became a stockholder, either directly or through certain members of his family, in 1993.

Thomas W. Thompson graduated from Penn State University in 1960 with a Bachelor of Science in Chemistry and a minor in Business. Mr. Thompson worked in various sales and management positions in the chemical industry at Allied Chemical, WR Grace, and Ciba Geigy. He has been the President of Tannin since 1979, and of Tac Tannins since 1983.

Thomas A. O’Donnell, Jr. graduated from the University of Massachusetts, Amherst, with a Bachelor of Arts in management. He worked at Granite State Leathers from 1975 through 1984, and has been at Tannin since 1984. Mr. O’Donnell has been a vice-president of Tannin since 1990, and of Tac Tannins since 1993.

Rachel M. Thompson graduated from Penn State University in 1961 with a Bachelor of Sciences in Education. She joined Tannin in 1984, and has served as the office manager and director of human resources for the past ten years. Mrs. Thompson has also served as Clerk of Tannin and Tac Tannins for he past eight years.

John V. Thompson graduated from St. Lawrence University in 1988 with a Bachelor of Arts in Economics. He worked at The Boston Company during 1988 and 1989 as a customer representative. He joined Tannin in 1989, working in a number of positions including import export specialist, customer service, information technology manager, environmental/safety manager, and manufacturing operations manager. Mr. Thompson has been a vice-president of Tannin and Tac Tannins since 1994.

Robert W. Thompson graduated from Bucknell University in 1992 with a Bachelor of Arts in Political Science and a minor in Geology. He worked in financial services for Fidelity Investments as an internal auditor from 1991 to 1995, and has been at Tannin and Tac Tannins since 1995 as import export specialist, overseas logistics and customer service. Mr. Thompson has been a vice-president of Tannin and Tac Tannins since 1995.