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Acme United Corporation (NYSE:ACU) ranks among the stocks to benefit from an onshoring boom. Acme United Corporation (NYSE:ACU) stated on July 15 that it had acquired a manufacturing and distribution facility in Mount Pleasant, Tennessee for approximately $6 million.
The facility will be used mostly for its Spill Magic operations, which the company purchased in 2017. Acme United’s chairman and CEO, Walter C. Johnsen, said the company plans to make investments in capital upgrades at the new site that are centered on automation.
Additionally, Acme United Corporation (NYSE:ACU) recently released its first-quarter 2025 financial results, which showed lower revenue and earnings per share than anticipated by the market. Despite these outcomes, Acme United’s first aid division grew by 14%, suggesting that the industry remains strong.
Acme United Corporation (NYSE:ACU) is a top global provider of cutting, measuring, first aid, and sharpening equipment for the hardware, home, school, office, sporting goods, and industrial markets.
While we acknowledge the potential of ACU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds
Disclosure: None.
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