Innovation in Acme United DNA Recognized by Multiple Awards
Innovation and eye for design are truly in the heart and soul of Acme United Corp (NYSE: ACU – $21.55). The Company’s quest for innovation is reflected by its on-going goal of generating at least 30% of its sales from products developed in the last 3 years. Therefore, Acme works with new, often proprietary, materials and adds new user-friendly features to existing tools.
This feat is recognized by millions of consumers worldwide, who prefer to buy well-designed office products, knives and fishing tools from Acme United rather than regular-looking product offerings from competitors. At the same time, this is also recognized by the industry, which regularly awards Acme’s design. In the past, the Company won multiple GOOD DESIGN Awards, the IDEA Design Award, and the Teachers’ Choice Award.
This week, it was First Aid Only, Acme’s supplier of SmartCompliance first aid kits, refills, and safety products, that received the spotlight as it won a Bronze Stevie Award. First Aid Only was nominated in the Business/Government category for the FAO SafetyHub App.
The Stevie Awards, organized by the American Business Awards, are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.
More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Startup of the Year, Executive of the Year, Best New Product or Service of the Year, Marketing Campaign of the Year, Live Event of the Year, and App of the Year, among others.
The First Aid Only SafetyHub app, which is available for both Apple and Android, was released in July 2017. It provides a platform to manage and refill First Aid Only SmartCompliance cabinets. Users can search and scan barcodes on individual first aid products, as well as place requisitions for ANSI & OSHA compliant first aid kits. This application allows requisitions to be saved, placed, or tracked from a mobile device or tablet. Features such as the “Physical Inventory Count” keeps users aware of which products to reorder and when to do so through inventory reminders.
In addition, the app allows users to perform maintenance on third-party fire extinguishers, AEDs and other facility items which require replenishment, service or calibration. The app is uniquely designed for enterprise customers and safety distributors and lets them create custom integrations into their ecommerce or ERP systems.
A Stevie Awards judge noted, “The mobile app offers a clean and easy way to navigate user experience which is coupled by a very robust web based back end management solution. The app is a good solve for an important topic.”
Westcott Wins Platinum Pixie Award
Next to a Stevie Award, the Company was recently awarded a Platinum Pixie Award for Typographic Effects in its Westcott Hot Glue Pen Digital Marketing Video.
The mission of The Pixie Awards is to honor and promote outstanding individual work in Motion Graphics, Visual Effects, Animation, Games, and Typographic Effects. The Pixie Awards is sponsored by the American Pixel Academy, founded in 2008 by David E. Carter, also the founder of the Telly Awards and American Corporate Identity, and editor of the Creativity Annual.
Conclusion
By its constant drive to bring new products to the market, Acme United continues to gain market share in the school and office, outdoors, fishing, and first aid markets. Each year, the Company launches well over 100 new items. This is a vital part of what makes Acme United successful today.
The many awards that Acme has won over the past few years are a recognition by industry participants of the Company’s attractive designs and subsequent success. Recommendation: BUY.
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