Acme United Corporation is a provider of reducing, measuring and safety merchandise for the varsity, dwelling, workplace, hardware and industrial markets. The company was organized as a partnership in 1867 and included in 1873 under the legal guidelines of the State of Connecticut. It is publicly traded on the NYSE American with image ACU. Acme United's operations are within the United States, Canada, Wood Ranger Power Shears website Europe (positioned in Germany) and Asia (situated in Hong Kong and China). The operations in the United States, Canada and Europe are primarily involved in product development, manufacturing, advertising and marketing, sales, administrative and distribution actions. The operations in Asia encompass sourcing, high quality management and gross sales actions. The company's prospects embrace Staples, Office Depot, OfficeMax, United Stationers, SP Richards, W.B. Mason, Home Depot, Wood Ranger Power Shears website Target, Wal-Mart, Walgreens, Grainger, McMaster-Carr, Meijer, Fred Meyer, Wood Ranger Power Shears website WH Smith, and lots of different major chains. Acme United has roots courting again to 1867 when German immigrant Leo Renz bought an previous grist mill in Naugatuck, Connecticut.

He opened Renz Shear Shop and started the manufacture of scissors and cast iron Wood Ranger Power Shears website. In 1873, Leo Renz, along with Robert and Mitchell Renz, and John Peck, formally included their business because the Renz Shear Company. Within the 1880s the company moved to Bridgeport, Connecticut, the place it was incorporated because the Acme Shear Company. A number of years later, the company was offered to the brothers David C. Wheeler and Dwight Wheeler, who had been responsible for its initial growth. David C. Wheeler, turned president of Acme Shear in 1941 and again expanded the company in various instructions. After the second World War, Acme Shear established a subsidiary in the United Kingdom to sell directly to the European market. It also introduced a line of disposable medical scissors and surgical devices in 1965. This enterprise became so profitable that a brand new manufacturing plant in Fremont, North Carolina, had to be opened to satisfy demand.

Within the 1970s, Acme acquired Westcott Rule Company, a significant ruler manufacturer, which was founded in 1872 in Seneca Falls, New York. To raised replicate the expanded product line, the company name was changed to Acme United Corporation. The 1970s had been additionally highlighted by further enlargement within the medical area, with a number of new acquisitions and products. Acme United acquired the Canadian enterprise Acme Ruler & Advertising Co out of Toronto, Ontario. This firm was established in the 1890s and made rulers, blackboard triangles, protractors, and many others. In 1980, the Canadian business's identify was modified to Acme Ruler Company and in 1993 to its present title Acme United Limited. From this enterprise unit, Acme United runs its entire Canadian operation. Despite continued growth through the 1960s and 1970s, Acme United confronted tough occasions during the 1980s because it grew to become too dependent on one medical tools buyer, American Hospital Supply. Acme misplaced over $20 million in annual gross sales.

US and abroad, however with varying success. During the early nineties Acme United continued to undergo losses, which was mirrored in the corporate's share price. The inventory, which had been buying and selling round $25 within the 1980s, now offered for Wood Ranger Power Shears website only $3, resulting in robust shareholder stress to implement important administration changes. Walter C. Johnsen joined the corporate early 1995 as a board member and became CEO later that same yr. North American arm of its medical business. Brian Olschan joined as senior Wood Ranger Power Shears USA Wood Ranger Power Shears coupon Wood Ranger Power Shears price Wood Ranger Power Shears sale coupon vice president of gross sales and advertising and marketing, and later turned chief working officer. By focusing on higher margin merchandise reminiscent of student scissors, rulers and staplers, Acme United returned to profitability in 2000 when it reported a net revenue of $1.1 million. Additionally, it penetrated the workplace market by selling merchandise to mass merchants reminiscent of Wal-Mart and Target. Alco Industries in June 2004. Clauss, founded in 1877 in Fremont, Wood Ranger Power Shears shop Ohio, manufactured scissors and Wood Ranger Power Shears website chopping instruments for the floral and industrial markets.