Acme United Corp (NYSE American: ACU) is a safety and cutting products company that manufactures and distributes first aid kits, medical supplies, and cutting instruments for workplace, school, and consumer markets. Revenue comes from transactional product sales across two reported segments, with distribution through commercial channels and direct fulfillment. The company sources products from suppliers in Asia (primarily China), Europe, Africa, and the United States, then sells into a broad range of end markets including workplace safety, education, and retail. ACU has grown both organically and through acquisitions, including Elite First Aid in 2024 and My Medic in January 2026. The company pays quarterly dividends and operates a share repurchase program announced in 2019, with 160,365 shares remaining available under that program as of December 31, 2025. Net interest expense was $1,559,920 in FY2025, down from $1,942,643 in FY2024, reflecting lower average borrowings and lower average interest rates.
- Revenue model
- Transactional product sales of first aid kits, cutting instruments, and safety supplies sold through commercial distributors and direct fulfillment channels. Pricing includes pass-through adjustments for tariff and input cost changes.
- Products and services
- First Aid Only brand first aid and medical products including the SmartCompliance modular compliance system and SafetyHub App for digital replenishment. PhysiciansCare portable eyewash solutions and over-the-counter medications (aspirin, acetaminophen, ibuprofen). Spill Magic bodily fluid and spill clean-up powder systems. First Aid Central first aid products. Cutting instruments for school and office markets.
- Customers and end markets
- Workplace safety buyers across industrial, grocery, retail, big-box, food service, hotel, and municipal end markets. School and office markets for cutting products. Commercial distributors and direct end customers served through distribution centers.
- Value-chain role
- Product designer and brand owner that sources manufactured goods from third-party suppliers in China and other global locations, manages inventory through its own distribution centers, and fulfills orders to commercial and direct customers.
- Geographic exposure
- Primarily United States, with international sourcing from Asia (primarily China), Europe, and Africa. Some international sales exposure with foreign currency transaction losses noted in FY2025.
Source: SEC 10-K, filed 2026-03-11
Industry:
Cutlery, Handtools & General Hardware
Peers:
American Rebel Holdings Inc
ARC DOCUMENT SOLUTIONS, INC.
CompX International Inc
KIMBALL INTERNATIONAL INC
MSA Safety Inc
NL Industries Inc
Virco Mfg Corp