Acme United Corporation is a supplier of cutting, measuring and safety products for the school, home, workplace, hardware and industrial markets. The corporate was organized as a partnership in 1867 and integrated in 1873 below the laws of the State of Connecticut. It's publicly traded on the NYSE American with symbol ACU. Acme United's operations are within the United States, Canada, Europe (positioned in Germany) and Asia (situated in Hong Kong and China). The operations in the United States, Wood Ranger Power Shears Canada and Europe are primarily involved in product growth, manufacturing, advertising and buy Wood Ranger Power Shears marketing, gross sales, administrative and distribution actions. The operations in Asia consist of sourcing, high quality management and gross sales actions. The company's customers embrace Staples, Wood Ranger Power Shears website 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 different major chains. Acme United has roots courting back to 1867 when German immigrant Leo Renz purchased an outdated grist mill in Naugatuck, Connecticut.

He opened Renz Shear Shop and started the manufacture of scissors and forged iron Wood Ranger Power Shears website. In 1873, Leo Renz, along with Robert and Mitchell Renz, and John Peck, officially integrated their business because the Renz Shear Company. In the 1880s the company moved to Bridgeport, Connecticut, where it was incorporated because the Acme Shear Company. Just a few years later, the company was sold to the brothers David C. Wheeler and Dwight Wheeler, who had been answerable for its initial progress. David C. Wheeler, turned president of Acme Shear in 1941 and again 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 instruments in 1965. This enterprise became so successful that a brand new manufacturing plant in Fremont, North Carolina, needed to be opened to satisfy demand.

In the 1970s, Acme acquired Westcott Rule Company, a serious ruler manufacturer, which was based in 1872 in Seneca Falls, New York. To better reflect the expanded product line, the company identify was changed to Acme United Corporation. The 1970s had been additionally highlighted by additional expansion within the medical field, with several new acquisitions and merchandise. Acme United acquired the Canadian business Acme Ruler & Advertising Co out of Toronto, Ontario. This firm was established within the 1890s and Wood Ranger Power Shears website made rulers, blackboard triangles, protractors, and Wood Ranger Power Shears website so on. In 1980, the Canadian business's title was changed to Acme Ruler Company and in 1993 to its current title Acme United Limited. From this business unit, Acme United runs its complete Canadian operation. Despite continued development during the 1960s and Wood Ranger Power Shears website 1970s, Acme United confronted rough instances during the 1980s as a result of it grew to become too dependent on one medical tools buyer, American Hospital Supply. Acme misplaced over $20 million in annual sales.

US and abroad, nonetheless with varying success. Through the early nineteen nineties Acme United continued to suffer losses, which was reflected in the company's share value. The inventory, which had been buying and selling round $25 in the 1980s, now bought for under $3, resulting in robust shareholder pressure to implement vital management changes. Walter C. Johnsen joined the company early 1995 as a board member and grew to become CEO later that very same yr. North American arm of its medical enterprise. Brian Olschan joined as senior vice president of sales and advertising and marketing, and later grew to become chief operating officer. By specializing in larger margin merchandise reminiscent of pupil scissors, rulers and staplers, Acme United returned to profitability in 2000 when it reported a net income of $1.1 million. Additionally, it penetrated the workplace market by promoting merchandise to mass merchants similar to Wal-Mart and Target. Alco Industries in June 2004. Clauss, founded in 1877 in Fremont, Wood Ranger official Ohio, manufactured scissors and cutting instruments for the floral and industrial markets.