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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (date of earliest event reported) September 15, 2003
Commission file number Q4823
ACME UNITED CORPORATION
(Exact name of registrant as specified in its charter)
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CONNECTICUT 06-0236700
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(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
1931 BLACK ROCK TURNPIKE, Fairfield, Connecticut 06825
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (203) 332-7330
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports) and (2) has been subject to such filing
requirements for the past 90 days. Yes |X| No |_|
Registrant had 3,266,051 shares outstanding as of September 15, 2003 of its
$2.50 par value Common Stock.
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ACME UNITED CORPORATION
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Item 5. Other Events................................................... 3
Signatures............................................................. 4
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ACME UNITED CORPORATION NEWS RELEASE
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CONTACT: Paul Driscoll Acme United Corporation,
1931 Black Rock Turnpike,
Fairfield, Ct. 06825
Phone: 203-332-4102
FOR IMMEDIATE RELEASE: September 15, 2003
ACME UNITED OPENS ASIAN SUBSIDIARY
FAIRFIELD, CONN. Acme United Corporation (AMEX:ACU) announced today the
opening of its new wholly owned subsidiary, Acme United (Asia Pacific) Ltd.,
based in Hong Kong.
The general manager of the subsidiary is Dennis Liang, who formerly was
Sourcing Director for Newell Rubbermaid's Global Sourcing Asia Group, and Vice
President Asia Pacific at Fortune Brands.
Walter C. Johnsen, President and CEO said, "I am pleased to announce this
important step for Acme United, and to welcome Dennis to our Company. The new
subsidiary will permit us to work more closely with our global customers and
provide a focal point for Asian sales. Its management will assist in new product
commercialization and productivity improvements, and strengthen our quality
control programs. We expect the subsidiary to be a profit contributor in the
future."
Acme United Corporation is a specialized supplier of cutting, measuring,
and safety products for school, home, and office use.
Forward-looking statements in this report, including without limitation,
statements related to the Company's plans, strategies, objectives, expectations,
intentions and adequacy of resources, are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Investors
are cautioned that such forward-looking statements involve risks and
uncertainties including without limitation the following: (i) the Company's
plans, strategies, objectives, expectations and intentions are subject to change
at any time at the discretion of the Company; (ii) the Company's plans and
results of operations will be affected by the Company's ability to manage its
growth, and (iii) other risks and uncertainties indicated from time to time in
the Company's filings with the Securities and Exchange Commission.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
ACME UNITED CORPORATION
By /s/ WALTER C. JOHNSEN
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Walter C. Johnsen
President and
Chief Executive Officer
Dated: September 15, 2003
By /s/ PAUL G. DRISCOLL
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Paul G. Driscoll
Vice President and
Chief Financial Officer
Dated: September 15, 2003
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