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Acme United Enters $11.6 Million Fixed Rate Mortgage Facility

Dec 07, 2021•almost 4 years ago

Amount Raised

$11.6 Million

Shelton

Description

Acme United Corporation (NYSE American: ACU) announced that it has entered a new mortgage agreement with HSBC Bank NA covering its properties in Vancouver, Washington and Rocky Mount, North Carolina. The new mortgage is $11.6 Million with a fixed rate of 3.8%. The term is 7 years with a 20-year amortization. Approximately $3.0 million of the new mortgage was used to pay the existing mortgage on the Vancouver property.

Company Information

Company

Acme United Oration

Location

Shelton, Washington, United States

About

Acme United Corporation, has been a leading worldwide supplier of innovative cutting, measuring, first aid and sharpening products to the school, home, office, hardware, sporting goods and industrial markets. Westcott, Clauss, Camillus, PhysiciansCare, Pac-Kit, First Aid Only, Cuda, DMT, Spill Magic, Med-Nap, First Aid Central

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