Acme United Re-Launches Camillus Cutlery
At last week’s National Hardware Show in Las Vegas, the world renowned Camillus Cutlery was re-launched.
This may not seem like a big event at first, but if you know a little bit about this Company’s history, it is. For more than a hundred years, Camillus was dedicated to produce the finest knives available.
In 2007 however, due to fierce overseas competition, Camillus filed for bankruptcy and closed its doors. The product brand names and intellectual property of the company were acquired by Acme United Corp. (ACU – $8.10).
Now Acme re-launched the brand at the 2009 National Hardware Show. It’s actively showing the line to customers, which will hopefully result in first revenues for Camillus in the second half of the year.
With Camillus Cutlery, Acme is bringing a legendary brand back to life. We believe this is a good decision which will be positive for Acme’s results.
|1. I like Acme United because it’s fundamentally sound with over $63 million dollars in sales and $2.5 million dollars in earnings in 2010. At the same time I expect the Company to grow substantially over the next few years as it’s bringing incomparable (really!) cutting products to the market. Download your copy of the latest Company Report.|
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