Core Viewpoint - Acme United Corporation has announced the acquisition of a manufacturing and distribution center in Mt. Pleasant, Tennessee for approximately $6 million, aimed at expanding its Spill Magic business and enhancing operational efficiency [1][2][3]. Group 1: Acquisition Details - The newly acquired property spans 77,000 square feet of manufacturing and warehouse space on 12 acres, with the potential for expansion by an additional 60,000 square feet [2]. - The facility is fully air-conditioned and meets FDA-approved food-grade specifications, indicating a commitment to quality and safety standards [2]. Group 2: Business Expansion - The facility will primarily serve Spill Magic, a company acquired by Acme United in 2017, which has outgrown its current leased space [2]. - Walter C. Johnsen, Chairman and CEO, expressed enthusiasm for the growth of Spill Magic and plans to invest in capital improvements focused on automation to enhance operational efficiency [3]. Group 3: Company Overview - Acme United Corporation is recognized as a leading supplier of innovative safety solutions and cutting technology across various markets, including school, home, office, and industrial sectors [4]. - The company’s prominent brands include First Aid Only®, Spill Magic®, and Westcott®, among others, showcasing a diverse product portfolio [4].