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Acme United Corporation Acquires Manufacturing and Distribution Facility in Tennessee

1. Acme United acquired a $6M facility in Tennessee for Spill Magic. 2. The new site features 77,000 sq ft, expandable to 137,000 sq ft. 3. Investments will focus on automation for operational efficiency. 4. Spill Magic specializes in spill clean-up solutions for various sectors. 5. Expansion supports Acme's growth strategy and operational capabilities.

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FAQ

Why Bullish?

Acquisition of a dedicated facility for Spill Magic indicates strategic growth. Historical trends show similar expansions typically correlate with stock price increases.

How important is it?

The acquisition directly affects ACU's operational capacity and growth trajectory, which can enhance financial performance.

Why Long Term?

The investment in a manufacturing center is expected to yield benefits over several years, similar to past facilities that improved production outputs.

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SPYSPLP
July 15, 2025 08:45 ET  | Source: Acme United Corporation SHELTON, Conn., July 15, 2025 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) announces the purchase of a manufacturing and distribution center in Mt. Pleasant, Tennessee for approximately $6 million. The property consists of 77,000 square feet of manufacturing and warehouse space on 12 acres and is designed to be expanded by up to an additional 60,000 square feet. The facility is fully air conditioned and is built and maintained to meet FDA-approved food-grade specifications. The facility will primarily be used by Spill Magic, which Acme United acquired in 2017 and which has outgrown one of its currently leased spaces. Walter C. Johnsen, Chairman and CEO, said, “We’re thrilled to be growing the Spill Magic business and to be putting a strong infrastructure in place to fuel its continued success. We plan to invest in capital improvements focused on automation, positioning this site to become one of our most advanced and efficient operations. We’re proud to become part of the Mt. Pleasant, Tennessee community.” Spill Magic is a leader in bodily fluid and spill clean-up solutions with a lightweight, absorbent powder that quickly encapsulates a spill. The Spill Response System provides all the necessary tools to effectively clean up spills, saving time, money and reducing slip & fall accidents in various venues, including grocery, retail, and big box stores; food service & hotel chains; municipal facilities; and industry-specific distributors in the U.S. ACME UNITED CORPORATION is a leading worldwide supplier of innovative safety solutions and cutting technology to the school, home, office, hardware, sporting goods and industrial markets. Its leading brands include First Aid Only®, First Aid Central®, PhysiciansCare®, Spill Magic®, Westcott®, Clauss®, DMT®, Med-Nap, Safety Made and Elite. For more information, visit www.acmeunited.com.   Forward Looking StatementsThe Company may from time to time make written or oral “forward-looking statements” including statements contained in this report and in other communications by the Company, which are made in good faith pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on our beliefs as well as assumptions made by and information currently available to us. When used in this document, words like “may,” “might,” “will,” “except,” “anticipate,” “believe,” “potential,” and similar expressions are intended to identify forward-looking statements. Actual results could differ materially from our current expectations. Forward-looking statements in this report, including without limitation, statements related to the company’s plans, strategies, objectives, expectations, intentions, and adequacy of capital and other resources are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties. We are also subject to additional risks and uncertainties as described in our periodic filings with the Securities and Exchange Commission. CONTACT:  Paul G. Driscoll     Acme United CorporationPhone: (203) 254-6060     1 Waterview DriveFAX: (203) 254-6521     Shelton, CT 06484         

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