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After the successful acquisition of Pac-Kit early last year, Acme United (ACU – $10.10) has again expanded its product portfolio by acquiring certain assets of The C-Thru Ruler Company, a supplier of drafting, measuring, lettering and stencil products. Acme paid approximately $1.47 million in an all cash transaction for the inventory, tooling, brands, and other intellectual property of C-Thru. However, […]
Read moreAcme United (ACU – $10.06) released solid growth numbers for the fourth quarter and full year 2011. The Company managed to increase its net sales with 16%, from $63.1 million in fiscal year 2010 to $73.3 million in 2011. This growth was also reflected in the bottom line. Net income for the year ended December 31, 2011, was $2,811,000, or […]
Read moreAcme United (ACU – $9.55) received a GOOD DESIGN award from the Chicago Athenaeum, Museum of Architecture and Design for its Westcott family of Trimair paper trimmers. The Trimair family has had strong customer response and will be available in several major retailers starting in early 2012. Thanks to the Trimair, Acme aims to, at least, double its current paper […]
Read moreAcme United Corporation (ACU) announced on Tuesday that it won a GOOD DESIGN award from the Chicago Athenaeum, Museum of Architecture and Design, for its iPoint Evolution pencil sharpener. GOOD DESIGN is one of the oldest and most important design competitions worldwide. Each year, the Museum receives hundreds of submissions from the biggest and most famous brands like Apple, Hewlett […]
Read moreOn Friday, Acme United Corporation (ACU) reported that it donated its 2.4 acres waterfront property along the Pequonnock River in Bridgeport to the City of Bridgeport, CT. Acme United owned the property, because the former Acme Shear Company’s factory* was built on this site. The property anchors the potential redevelopment of the East Side of Bridgeport, and could provide waterfront […]
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