Company Snapshot: Acme United Corp (ACU)

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 […]

Acme United (ACU – $12.86) officially launched two new lines of lawn and gardening tools branded ‘Scotts’ and ‘Miracle-Gro at the National Hardware Show in Las Vegas last week. The tools, which are marketed and sold in partnership with The ScottsMiracle-Gro Company (NYSE: SMG), are manufactured by Acme’s Clauss brand and carry the ‘powered by Clauss technology’ label. Because buyers […]

Acme United’s (ACU – $12.44) growth numbers continue to be solid. Sales for the three months ending March 31, reached $17.7 million, up 5% compared with sales of $16.9 million in the first quarter of 2012. Net income in the first quarter of 2013 rose by 19 percent to $309,000, or $0.10 per share, versus $260,000, or $0.08 per share, […]

Acme United (ACU – $12.44) and The Scotts Miracle-Gro Company (NYSE: SMG) have formed a partnership by which Acme will market and sell two lines of lawn and gardening tools branded ‘Scotts’ and ‘Miracle-Gro’. These tools will be manufactured by Acme’s Clauss brand and will also carry the ‘powered by Clauss technology’ label. The tools will be launched at the […]

Acme United (ACU – $12.16) reported strong revenues and earnings for its fourth quarter and full year 2012. Net sales for the year ended December 31, 2012 were $84.4 million, an increase of 15% compared with 2011. Net income in fiscal year 2012 was $3,549,000, or $1.13 per diluted share, a 26% increase in net income and a 24% increase […]

Acme United (ACU – $12.42) reported strong revenues and earnings for its fourth quarter and full year 2012. Net sales for the year ended December 31, 2012 were $84.4 million, compared to $73.3 million in 2011, an increase of 15%. Net income in fiscal year 2012 was $3,549,000, or $1.13 per diluted share, compared with $2,811,000, or $.91 per diluted […]

The annual SHOT Show was held last week at the Sands Expo and Convention Center in Las Vegas. Celebrating its 35th anniversary, the event attracted a record overall attendance of 62,371. More than 1,600 exhibitors, from all 50 states and 100 countries, filled booth space covering 630,000 net square feet. The Shooting, Hunting and Outdoor Trade (SHOT) Show is the […]