Acme United Corp. (ACU) said on Tuesday that it has acquired the Camillus Cutlery Company brand name as well as all its patents and trademarks for about $200 thousand.The assets were acquired in a bankruptcy auction. Camillus closed business in February 2007 following a 6 month labor strike. Its revenues were about $18 million during its final year.Acme United's Chairman and CEO, Walter Johnsen, said, "We intend to reestablish the Camillus brand into production and continue to deliver high quality products. We hope to slowly build revenues as we reconnect with customers. This will be a careful undertaking."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.