Acme United acquires manufacturing, distribution facility for $6M

Acme United (ACU) announces the purchase of a manufacturing and distribution center in Mt. Pleasant, Tennessee for approximately $6M. 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.