Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Acme United Corporation Plans Manufacturing-Distribution Center In Rocky Mount, North Carolina

08/19/2014
A leading worldwide supplier of innovative cutting, measuring and safety products to the school, home, office, hardware and industrial markets, Acme United Corporation plans to open a manufacturing and distribution facility in Rocky Mount, North Carolina.

Its Rocky Mount property consists of 340,000 square feet of office, manufacturing, and warehouse space on 33 acres. It was acquired for $2.8 million in the bankruptcy of Roomstore, Inc. on August 30, 2013. Acme United has consolidated two distribution centers in the facility, and plans to add employees for manufacturing, distribution, and growth.

To assist the firm with its project, Acme United received a $400,000 Building Reuse Grant from Edgecombe County and the North Carolina Department of Commerce. The grant is in the form of a promissory note that will be forgiven based on job growth at the company’s Rocky Mount, North Carolina facility.

Walter C. Johnsen, Chairman/CEO said, “We are delighted with the grant and look forward to continuing to expand in North Carolina. We would like to thank the Rocky Mount City Council, the North Carolina Department of Commerce, and the Edgecombe County Board of Commissioners for their support and assistance.”

The Company also acknowledged the efforts of the Carolinas Gateway Partnership, which helped prepare the application and followed it throughout the funding process. “They were truly committed to bringing jobs to the Rocky Mount community, and were instrumental in making the grant happen,” Johnsen added.

Exclusive Research