FAIRFIELD, Conn., Dec 18, 2009 (BUSINESS WIRE) -- Acme United Corporation (AMEX:ACU) reported today that it has donated its waterfront property at 459 Knowlton Street in Bridgeport, CT to the City of Bridgeport.

The property consists of 2.4 acres along the Pequonnock River. It anchors the potential redevelopment of the East Side of Bridgeport, and could provide waterfront access for the public.

Walter C. Johnsen, Chairman and CEO said, "Acme United has made over 2.6 billion scissors and shears in Bridgeport since 1867. We are proud of the many employees from Bridgeport who contributed to our growth, and it is in their honor that we are now donating this land. We hope that future generations recognize their accomplishments, and that we have made a small contribution to the city that has given us so much."

"We are hopeful that Acme's donation will lead to a mixed-use development that will include public access to the riverfront," said Mayor Bill Finch. "This piece of land is a gateway to continued reclamation of waterfront along the river as part of the City's Master Plan of Development."

ACME UNITED CORPORATION is an innovative supplier of cutting devices, measuring instruments and safety products for school, home, office, industrial and hardware use. Its leading brands include Westcott(R), Clauss(R) and PhysiciansCare (R).

SOURCE: Acme United Corporation

Acme United Corporation
Paul G. Driscoll, 203-254-6060
Fax: 203-254-6521