Acme United makes and sells first aid/medical products and cutting tools, serving industrial, commercial, and consumer customers. First aid and medical products make up roughly two-thirds of revenue, with cutting tools accounting for the rest. The first aid business sells kits, refills, and medical supplies under brands including First Aid Only, PhysiciansCare, and Pac-Kit, with industrial workplaces as a key customer base — OSHA and ANSI compliance requirements drive recurring demand for kit refills. Acme sells first aid cabinets to workplaces and then captures an annuity-like refill revenue stream, which management estimates at ~$30M. Acme's SmartCompliance system uses barcode or RFID scanning embedded in the cabinet to automatically detect when components are used or expired and generate replenishment orders. The cutting tool business sells scissors, knives, rulers, and sharpening tools under the Westcott, Clauss, and DMT brands, primarily through retail channels, with a seasonal back-to-school peak. Acme sells through independent manufacturer reps and a direct sales force into mass retailers, e-commerce platforms, hardware chains, and industrial distributors. Two customers each represent roughly 13% of consolidated sales. Acme reports in three geographic segments — the U.S., Canada, and Europe — with the U.S. as by far the largest. About 40% of inventory is sourced from China, and Acme has been actively diversifying sourcing and expanding domestic manufacturing to reduce tariff exposure. Growth has come from a mix of organic expansion and acquisitions, with ten deals over the past eight years focused on U.S. and Canadian manufacturers in first aid and cutting.