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Acme United Corp
Acme United Corp

Industry & manufacturing / Cutting, measuring, first aid supplies

At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Company at a Glance

Overview
Acme United Corp is a leading supplier of innovative cutting, measuring, and safety products for the school, home, office, and industrial markets. The company, founded in 1867, is headquartered in Fairfield, Connecticut and has additional locations in Canada, Europe, and Asia. Acme United’s products are sold in over 100 countries worldwide.
The company’s products include scissors, rulers, paper trimmers, pencil sharpeners, first aid kits, and safety products such as gloves and goggles. Acme United also offers a line of personal protective equipment (PPE) for healthcare professionals, including masks and face shields.
Acme United’s key customers include wholesalers, mass market retailers, specialty stores, and e-commerce retailers. The company has a strong commitment to product innovation and holds over 300 patents for its products.
In addition to its business operations, Acme United also has a strong commitment to corporate social responsibility. The company has implemented sustainable practices in its operations and is committed to reducing its environmental impact. Acme United also supports various charitable organizations and community initiatives, such as donating school supplies to underprivileged children.
In 2020, Acme United was recognized as one of America’s Most Trustworthy Companies by Forbes. The company has also received recognition for its strong financial performance and growth, being named one of Fortune’s Fastest Growing Companies in 2019.
What is special about the company?
1. Long-standing history: Acme United Corp was founded in 1867 and has a long history of providing high-quality products to its customers.
2. Broad range of products: The company offers a wide range of products including first aid and safety supplies, cutting tools, office and school supplies, and household tools.
3. Innovative products: Acme United Corp is known for its innovative and patented products such as the Camillus folding knife and the first disposable safety knife.
4. Global presence: The company has a global presence with operations in North America, Europe, and Asia, allowing them to serve a diverse customer base.
5. Sustainability practices: Acme United Corp focuses on sustainability by using environmentally friendly materials and processes in its products and operations.
6. Strong financial performance: The company has a track record of consistent financial performance, with steady revenue and profit growth.
7. Commitment to corporate responsibility: Acme United Corp is committed to social responsibility and ethical business practices, as demonstrated by its participation in various social and environmental initiatives.
8. Strong customer relationships: The company has built strong relationships with its customers by providing high-quality products and excellent customer service.
9. Award-winning company: Acme United Corp has won numerous awards for its products, innovation, and business practices.
10. Experienced leadership: The company’s leadership team has a wealth of experience and expertise in the industry, helping to drive its success and growth.
What the company's business model?
Acme United Corp is a global supplier of cutting, measuring, and safety products for the school, home, office, and industrial markets. Their business model is focused on designing, sourcing, marketing, and distributing innovative and high-quality products through various sales channels.
The company primarily operates in two segments: the first being the United States segment, which designs, markets, and sells products to customers primarily in North America; and the second being the Canada and Europe segment, which designs, markets, and sells products to customers primarily in Europe and Canada.
Their business model is built on delivering value to customers through a mix of innovative products, efficient distribution channels, and strong customer relationships. They strive to maintain a diversified portfolio of products to minimize risks and cater to a wide range of customer needs.
Acme United Corp also focuses on continuously improving their supply chain and optimizing their operations to increase efficiency and reduce costs. They have a strong focus on sustainability and responsible sourcing practices, making them a preferred choice for environmentally-conscious customers.
In addition to their product-focused business model, Acme United Corp also emphasizes building and nurturing partnerships with key retailers, distributors, and resellers to expand their market presence and reach a larger customer base.
Overall, Acme United Corp’s business model relies on a combination of innovation, quality, customer relationships, and efficient operations to drive growth and profitability in the cutting, measuring, and safety products industry.
Interesting facts about the company
1. Acme United Corp was founded in 1867 by German immigrant Frederick Kasten.
2. The company was originally called Acme Shear Company and focused on manufacturing scissors and shears.
3. In the early 1900s, Acme Shear Company expanded its product line to include other cutting tools and changed its name to Acme Shear and Tool Company.
4. During World War II, Acme Shear and Tool Company was awarded contracts to produce scissors and other cutting tools for the U.S. military.
5. In 1968, the company changed its name to Acme United Corporation to reflect its expansion into other product categories, such as first aid kits and rulers.
6. Today, Acme United Corporation is a publicly traded company (NYSE: ACU) with a market capitalization of over $200 million.
7. The company’s headquarters are located in Fairfield, Connecticut, and it has manufacturing facilities in the United States, Canada, and Europe.
8. Acme United Corporation has a diverse portfolio of products, including the iconic Westcott scissors, Camillus knives, and first aid supplies under the First Aid Only brand.
9. Acme United Corporation has been named one of the Top Small-Cap Companies by Forbes Magazine and has been recognized for its product innovation and business growth.
10. In addition to its own brands, Acme United Corporation also produces private label products for major retailers, such as Walmart and Staples.
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