================================================================================


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                               ------------------

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

         Date of report (date of earliest event reported): July 26, 2007


                             ACME UNITED CORPORATION
             (Exact name of registrant as specified in its charter)
                               ------------------

          Connecticut                    001-07698              06-0236700
(State or other jurisdiction of         (Commission          (I.R.S. Employer
 incorporation or organization)         file number)        Identification No.)


60 Round Hill Road, Fairfield, Connecticut                        06824
 (Address of principal executive offices)                       (Zip Code)

       Registrant's telephone number, including area code: (203) 254-6060

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[_]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[_]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

[_]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[_]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On July 26, 2007, Acme United Corporation (the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2007. A copy of the press release is attached as Exhibit 99.1 to this current report. ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits Exhibit Number Description - -------------- ----------- 99.1 Press release dated July 26, 2007. 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 hereunto duly authorized. ACME UNITED CORPORATION By /s/ WALTER C. JOHNSEN ------------------------------ Walter C. Johnsen President and Chief Executive Officer Dated: July 26, 2007 By /s/ PAUL G. DRISCOLL ------------------------------ Paul G. Driscoll Vice President and Chief Financial Officer Dated: July 26, 2007

EXHIBIT INDEX Exhibit Number Description -------------- ----------- 99.1 Press release dated July 26, 2007.

EXHIBIT 99.1

ACME UNITED CORPORATION            NEWS RELEASE
- --------------------------------------------------------------------------------
                            CONTACT: Paul G. Driscoll
                             Acme United Corporation
                   60 Round Hill Road    Fairfield, CT  06824
                  Phone: (203) 254-6060    FAX: (203) 254-6521
- --------------------------------------------------------------------------------


                       FOR IMMEDIATE RELEASE July 26, 2007
                       -----------------------------------


ACME UNITED CORPORATION REPORTS RECORD SECOND QUARTER SALES AND EARNINGS

         FAIRFIELD, CONN. - July 26, 2007 - Acme United Corporation (AMEX:ACU)
today announced that net sales for the quarter ended June 30, 2007 were $19.0
million compared to $17.0 million in the same period in 2006, an increase of
12%. Net sales for the six months ended June 30, 2007 were $31.2 million
compared to $29.2 million in the same period in 2006, an increase of 7%.

         Net income was $1,522,000 or $.41 per diluted share for the second
quarter ended June 30, 2007 compared, to $1,506,000 or $.40 per diluted share
for the comparable period last year, an increase of 1% in net income and 3% in
diluted earnings per share. Net income for the six months ended June 30, 2007
was $2,172,000, or $.59 per diluted share compared to $2,265,000, or $.61 per
diluted share in the comparable period last year, a 4% decrease in net income
and 3% in diluted earnings per share.

         Net sales for the quarter ended June 30, 2007 in the U.S. segment
increased 11% as a result of sales of new products, primarily the iPoint
electric pencil sharpener. Combined sales in Europe and Canada increased by 16%
in U.S. dollars and 12% in local currency for the quarter ended June 30, 2007.

         Gross margins were 42% in the second quarter of 2007 versus 43.7% in
the comparable period last year. For the first six months of 2007 gross margins
were 42.6% compared to 44.4% in the same period in 2006. The gross margin
declines were due to higher product costs as the result of greater sales of
lower margin products, increased raw material costs and the appreciation of the
Chinese currency.

         Walter C. Johnsen, Chairman and CEO, said "We had record sales and
earnings for the quarter. Every business unit had meaningful increases in sales.
Our European business is improving. Net Sales in Europe for the first six months
of 2007 increased 17% in U.S. dollars compared to the same period last year, and
margins improved."

                                      (1)

Mr. Johnsen said that sales of the iPoint electric pencil sharpener are strong, and that new business for the remainder of the year appears solid. He also said that the Company intends to increase prices where appropriate to adjust for higher costs. The Company's bank debt less cash on June 30, 2007 was $9.6 million compared to $9.2 million on June 30, 2006. The increase in bank debt during the twelve month period was primarily due to an increase in borrowings for inventory and accounts receivables for the back to school season, partially offset by earnings. Based on anticipated cash flow, the debt level is expected to decline during the second half of the year. ACME UNITED CORPORATION is an innovative supplier of cutting devices, measuring instruments, and safety products for school, home, office and industrial use. Its leading brands include Westcott(R), Clauss(R), and PhysiciansCare (R). 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. # # # (2)

ACME UNITED CORPORATION CONDENSED CONSOLIDATED STATEMENT OF INCOME SECOND QUARTER REPORT 2007 Quarter Ended Quarter Ended June 30, 2007 June 30, 2006 Amounts in $000's except per share data (Unaudited) (Unaudited) - ---------------------------------------------------------------------------------------------- Net sales $ 18,999 $ 16,984 Gross profit 7,979 7,428 Selling, general, and administrative expenses 5,435 4,995 Interest expense 156 130 Other (income) expense 41 (38) Pre-tax income 2,347 2,341 Income tax expense 825 835 Net income 1,522 1,506 Shares outstanding - Basic 3,527 3,489 Shares outstanding - Diluted 3,698 3,731 Earnings per share basic 0.43 0.43 Earnings per share diluted 0.41 0.40 (3)

ACME UNITED CORPORATION CONDENSED CONSOLIDATED STATEMENT OF INCOME SECOND QUARTER REPORT 2007 (cont.) Six Months Ended Six Months Ended June 30, 2007 June 30, 2006 Amounts in $000's except per share data (Unaudited) (Unaudited) - ---------------------------------------------------------------------------------------------- Net sales $ 31,240 $ 29,241 Gross profit 13,313 12,980 Selling, general, and administrative expenses 9,593 9,254 Interest expense 310 255 Other (income) expense 14 (114) Pre-tax income 3,396 3,585 Income tax expense 1,224 1,320 Net income 2,172 2,265 Shares outstanding - Basic 3,527 3,487 Shares outstanding - Diluted 3,698 3,724 Earnings per share basic 0.62 0.65 Earnings per share diluted 0.59 0.61 (4)

ACME UNITED CORPORATION CONDENSED CONSOLIDATED BALANCE SHEET SECOND QUARTER REPORT 2007 (Unaudited) Amounts in $000's June 30, 2007 June 30, 2006 - ---------------------------------------------------------------------------------------------- Assets: - ------- Current assets: Cash $ 3,057 $ 1,053 Accounts receivable, net 18,056 14,960 Inventories 17,079 14,990 Prepaid and other current assets 1,287 1,222 ------------------------------------------- Total current assets 39,479 32,225 Property and equipment, net 2,506 2,566 Other assets 1,016 1,591 ------------------------------------------- Total assets $ 43,001 $ 36,382 =========================================== Liabilities and stockholders' equity: - ------------------------------------- Current liabilities Accounts payable 4,639 3,715 Other current liabilities 4,309 4,768 ------------------------------------------- Total current liabilities 8,948 8,483 Long-term debt 12,697 10,256 Other non current liabilities 687 1,084 ------------------------------------------- 22,332 19,823 Total stockholders' equity 20,669 16,559 ------------------------------------------- Total liabilities and stockholders' equity $ 43,001 $ 36,382 =========================================== (5)