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Acme United Corporation is a supplier of slicing, measuring and safety merchandise for the college, dwelling, office, hardware and industrial markets. The corporate was organized as a partnership in 1867 and integrated in 1873 below the legal guidelines of the State of Connecticut. It's publicly traded on the NYSE American with image ACU. Acme United's operations are within the United States, Canada, Europe (situated in Germany) and Asia (positioned in Hong Kong and China). The operations in the United States, Canada and Europe are primarily involved in product development, manufacturing, advertising and marketing, gross sales, administrative and distribution activities. The operations in Asia encompass sourcing, quality management and sales activities. The company's prospects include Staples, Office Depot, OfficeMax, United Stationers, SP Richards, W.B. Mason, Home Depot, Target, Wal-Mart, Walgreens, Grainger, McMaster-Carr, Meijer, Fred Meyer, WH Smith, and plenty of other major chains. Acme United has roots dating back 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 shop. In 1873, Leo Renz, along with Robert and Mitchell Renz, and John Peck, officially integrated their business as the Renz Shear Company. In the 1880s the company moved to Bridgeport, Connecticut, the place it was integrated because the Acme Shear Company. Just a few years later, the company was offered to the brothers David C. Wheeler and Dwight Wheeler, who had been liable for its initial development. David C. Wheeler, became president of Acme Shear in 1941 and once more expanded the corporate in a lot of directions. After the second World War, Acme Shear established a subsidiary in the United Kingdom to sell directly to the European market. It additionally launched a line of disposable medical scissors and surgical devices in 1965. This enterprise became so successful that a new manufacturing plant in Fremont, North Carolina, had to be opened to meet demand.

In the 1970s, Acme acquired Westcott Rule Company, a major Wood Ranger Power Shears shop ruler producer, Wood Ranger Power Shears specs buy Wood Ranger Power Shears electric power shears Wood Ranger Power Shears price shop which was founded in 1872 in Seneca Falls, New York. To higher replicate the expanded product line, the corporate name was changed to Acme United Corporation. The 1970s have been additionally highlighted by further growth within the medical subject, with several 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 so forth. In 1980, the Canadian enterprise's identify was changed to Acme Ruler Company and in 1993 to its present name Acme United Limited. From this enterprise unit, Acme United runs its total Canadian operation. Despite continued growth in the course of the 1960s and 1970s, Acme United confronted tough occasions through the 1980s as a result of it became too dependent on one medical tools buyer, American Hospital Supply. Acme misplaced over $20 million in annual sales.

US and Wood Ranger Power Shears shop abroad, however with varying success. Throughout the early nineties Acme United continued to suffer losses, which was mirrored in the company's share price. The inventory, which had been buying and selling round $25 in the 1980s, now sold for only $3, leading to 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 year. North American arm of its medical enterprise. Brian Olschan joined as senior vice president of gross sales and advertising and marketing, and later turned chief operating officer. By specializing in larger margin products akin to 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 promoting merchandise to mass merchants corresponding to Wal-Mart and cordless power shears shears Target. Alco Industries in June 2004. Clauss, based in 1877 in Fremont, Ohio, manufactured scissors and reducing tools for the floral and industrial markets.