Company Snapshot: Acme United Corp (ACU)

Last week, the 36th SHOT Show was held at the Sands Expo & Convention Center in Las Vegas. Manufacturers of firearms, ammunition, optics, cutlery, apparel, accessories and law enforcement equipment introduced new products and services that retailers will offer consumers during the course of the year. More than 1,600 exhibiting companies from over 100 countries filled the 635,000 square feet […]

After achieving the best quarterly sales and earnings numbers in its entire history in the second quarter, Acme United (ACU – $14.57) also set a new third quarter sales record for the period ending September 30, 2013. Strong sales of back-to-school products such as titanium kids scissors and stainless scissors contributed to the success. Sales of first aid kits to […]

After achieving the best quarterly sales and earnings numbers in its entire history in the previous quarter, Acme United (ACU – $15.02) now set a new third quarter sales record for the period ending September 30, 2013. Strong sales of back-to-school products such as titanium kids scissors and stainless scissors contributed to the success. Also sales of our first aid […]

Acme United (ACU – $14.91) hired John Ward as General Manager of Acme United Canada. He replaces Harry Wanless, who retired. Mr. Ward was formerly Director of Sales at Esselte Corporation, where he was a key contributor to the successful launch and growth of the Dymo identification product line. After Esselte’s acquisition by Newell Rubbermaid in 2005, Mr. Ward was […]

Acme United (ACU – $14.24) had a very strong first half of the year with all-time record earnings in the second quarter. This is especially nice because it was achieved in a soft office market where retailers saw their sales decrease by 3 to 6 percent. Additionally, all of the Company’s brands grew and contributed to these solid results. Looking […]

Acme United (ACU – $14.24) purchased a 340,000 square feet manufacturing and distribution center in Rocky Mount, North Carolina (see large image below). The facility was acquired for $2.8 million, and will be used to consolidate the Company’s two current distribution centers in North Carolina, which are only half the size of the new building. Acme needed more inventory space […]

During the second quarter of 2013, Acme United (ACU – $13.40) achieved the best quarterly sales and earnings numbers in its entire history. Typical back-to-school products such as iPoint pencil sharpeners, non-stick scissors and titanium scissors contributed to the success. Also Camillus knives, Pac-Kit first aid kits and C-Thru Ruler saw increased sales. Looking ahead, the second half of 2013 […]

In our interview, Mr. Johnsen, the Chairman and CEO of Acme United (ACU – $13.20), looks back at the recently ended, and very important, second quarter. Additionally, he shares what we can expect from Acme in the rest of 2013. Furthermore, we learn how the company has overcome the loss of its largest customer in Europe and how the acquisition […]

Starting May 31st, After Earth, a science fiction action movie staring real-life father and son Will and Jaden Smith, will air in theatres. Very interesting to know is that Les Stroud, who co-designs and promotes a series of Camillus survival knives and tools, was the survival expert for the movie, teaching both Will Smith and his son on real life […]