Acme United Corporation announced the purchase of a manufacturing and distribution center in Mt. Pleasant, Tennessee, for approximately $6 million. The newly acquired property spans 77,000 square feet of manufacturing and warehouse space on 12 acres and is designed for future expansion of up to an additional 60,000 square feet.
The facility is fully air-conditioned and built to meet FDA-approved food-grade specifications, making it suitable for high-quality production. This strategic acquisition is primarily intended to support the growing Spill Magic business, which Acme United acquired in 2017 and has since outgrown its existing leased spaces.
Walter C. Johnsen, Chairman and CEO, stated that the company plans to invest in capital improvements focused on automation at the new site. This investment aims to position the facility as one of Acme United's most advanced and efficient operations, enhancing productivity and supporting the continued success of the Spill Magic brand.
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