Company Snapshot: Acme United Corp (ACU)

Acme United (ACU – $18.15) won a GOOD DESIGN award for its new iPoint Orbit electric pencil sharpener. The latest member of the iPoint family generates strong customer response and a lot of retail excitement. It’s already available at Costco, and will soon be on the shelves of several major retailers. Just in time for the Christmas shopping season. Orbit […]

Acme United (ACU – $17.40) reported record sales and earnings for its third quarter, ended September 30, 2014. Sales reached $30.0 million, an increase of 36% compared to the third quarter in 2013. Net income in the third quarter of 2014 was $1,190,000, or $.34 per diluted share, up 24% in net income and 17% in diluted earnings per share. […]

Acme United (ACU – $17.54) had an excellent third quarter as it achieved record sales and earnings. Net sales for the third quarter, ended September 30, 2014, reached $30.0 million, compared to $22.1 million in the same quarter last year, an increase of $7.9 million, or 36%. Net income in the third quarter of 2014 rose by 24% to $1,190,000, […]

To help fight the Ebola outbreak in West Africa, Acme United (ACU – $17.29) donated 150,000 disposable respirator masks, worth about $500,000, to the non-profit organization MAP International. Walter C. Johnsen, Chairman and CEO of Acme, said, “We are very fortunate to be able to help the humanitarian efforts, and I’m delighted to announce this donation.” Containing Ebola The key […]

Acme United (ACU – $16.83) received a $400,000 Building Reuse Grant in the form of a promissory note that gradually will be forgiven as the Company hires more people at its Rocky Mount, NC warehouse. When Acme’s management was in negotiations to purchase the Rocky Mount facility, in the summer of 2013, if found out about the possibility of a […]

Acme United (ACU – $16.72) reported record sales and earnings in its second quarter thanks to significant internal growth and a nice contribution from First Aid Only, the new first aid brand, which was acquired in June. Next to the addition of First Aid Only, Acme also launched an entire line of fishing knives and tools in the second quarter […]

Acme United (ACU – $17.30) recently launched an entire line of fishing knives and tools under the new brand Cuda. About 30 tools, specifically designed for rigorous inshore, offshore and freshwater fishing, were shown to the public for the first time in Orlando, Florida at the International Convention of Allied Sportfishing Trades (ICAST), the largest sportfishing trade show in the […]

Acme United (ACU – $17.00) achieved record sales and earnings during its second quarter ended June 30, 2014. The Company’s sales reached $33.4 million in the second quarter, compared to $28.4 million in the comparable period of 2013, an increase of 18%. Net income in the second quarter of 2014 rose by 15 percent to $2,543,000, or $.72 per diluted […]

The timing of this interview couldn’t have been better as Acme United (ACU – $16.58) announced it biggest acquisition in many years just a few days ago. The Company bought First Aid Only, Inc, a supplier of first aid kits, refills, and safety products, for $13.8 million in cash. So we were thrilled to sit down with Walter Johnsen, the […]

Acme United (ACU – $17.50) acquired First Aid Only, Inc, a supplier of first aid kits, refills, and safety products, for $13.8 million in cash. First Aid Only reached revenues of $17.3 million in 2013 and is expected to be immediately accretive. First Aid Only founder Mark Miller started the business in 1988 out of his garage. The company pioneered […]