Acme United Enters $11.6 Million Fixed Rate Mortgage Facility
12/07/21, 11:15 AM
Location
sheltonMoney raised
$11.6 million
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 Info
Location
shelton, washington, united states
Additional Info
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