Acme United Corporation is a supplier of cutting, measuring and security products for the varsity, Wood Ranger Tools dwelling, workplace, hardware and industrial markets. The corporate was organized as a partnership in 1867 and included in 1873 beneath the legal guidelines of the State of Connecticut. It is publicly traded on the NYSE American with symbol ACU. Acme United's operations are in the United States, Canada, Europe (positioned in Germany) and Asia (positioned in Hong Kong and China). The operations in the United States, Canada and Europe are primarily involved in product improvement, manufacturing, advertising and marketing, sales, administrative and distribution activities. The operations in Asia consist of sourcing, high quality control and sales activities. The corporate's clients include Staples, Office Depot, OfficeMax, Wood Ranger Tools United Stationers, SP Richards, electric Wood Ranger Power Shears USA Wood Ranger Power Shears features W.B. Mason, Home Depot, Target, Wal-Mart, Walgreens, Grainger, McMaster-Carr, Meijer, Fred Meyer, WH Smith, and lots 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 began the manufacture of scissors and cast iron shears. In 1873, Leo Renz, along with Robert and Mitchell Renz, and John Peck, formally integrated their enterprise as the Renz Shear Company. Within the 1880s the corporate moved to Bridgeport, Connecticut, the place it was integrated as the Acme Shear Company. A couple of years later, the company was offered to the brothers David C. Wheeler and Dwight Wheeler, who had been responsible for its initial progress. David C. Wheeler, turned president of Acme Shear in 1941 and once more expanded the company in numerous directions. After the second World War, Acme Shear established a subsidiary within the United Kingdom to sell directly to the European market. It also launched a line of disposable medical scissors and surgical devices in 1965. This enterprise turned so profitable that a brand new manufacturing plant in Fremont, North Carolina, had 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 raised replicate the expanded product line, the company title was modified to Acme United Corporation. The 1970s have been additionally highlighted by additional enlargement in 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 within the 1890s and made rulers, blackboard triangles, protractors, and so on. In 1980, Wood Ranger Tools the Canadian business's identify was changed to Acme Ruler Company and in 1993 to its present identify Acme United Limited. From this enterprise unit, Acme United runs its total Canadian operation. Despite continued development during the 1960s and 1970s, Acme United confronted rough times during the 1980s because it became too dependent on one medical tools customer, American Hospital Supply. Acme lost over $20 million in annual sales.

US and abroad, nevertheless with various success. Through the early nineteen nineties Acme United continued to suffer losses, which was mirrored in the corporate's share worth. The inventory, Wood Ranger Tools which had been buying and selling around $25 within the 1980s, now sold for only $3, resulting in robust shareholder pressure to implement significant administration modifications. Walter C. Johnsen joined the company early 1995 as a board member and grew to become CEO later that same year. North American arm of its medical enterprise. Brian Olschan joined as senior vice president of sales and Wood Ranger Tools marketing, and later became chief working officer. By focusing on greater margin products such as student 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 office market by selling products to mass merchants reminiscent of Wal-Mart and Target. Alco Industries in June 2004. Clauss, based in 1877 in Fremont, Ohio, manufactured scissors and Wood Ranger Power Shears shop Wood Ranger Power Shears shop cordless power shears Shears order now chopping Wood Ranger Tools for the floral and industrial markets.