launched an entire line of fishing knives and tools under the new brand Cuda. About 30 tools, specifically designed for inshore and offshore fishing, were introduced at the International Convention of Allied Sportfishing Trades (ICAST), the largest sportfishing trade show in the world. At ICAST 2015, twenty additional tools for freshwater fishing were shown to the public for the first time. The market for freshwater tools is more than double the size of the salt water market. In 2014 Acme United achieved record net sales and earnings. For the first time in the Company’s history, annual sales reached more than $100 million. On February 1, 2016, Acme United acquired Diamond Machining Technology (DMT), a Marlborough, Massachusetts-based manufacturer of sharpening tools for knives, scissors, chisels and other cutting tools. Acme United paid $7.0 million in cash. DMT had revenues in 2015 of $5.4 million and EBITDA of approximately $1.0 million. Exactly one year later, Acme United acquired Spill Magic Inc. for $7.2 million in cash. Spill Magic is a manufacturer of Spill Magic absorbents and related products that are used to prevent slip & fall accidents. Spill Magic had revenues in 2016 of $6.3 million and EBITDA of approximately $1.4 million. On January 7, 2020, the Company purchased the assets of First Aid Central, located in Laval, Quebec, Canada. First Aid Central produces and sells a complete line of first aid kits, refills, and safety products to a broad range of industries and end users. Its products meet federal Health Canada and provincial regulatory requirements. The Company purchased the First Aid Central assets for $2.1 million in cash. In December of 2020, Acme United also acquired the assets of Med-Nap LLC., a Brooksville, Florida based manufacturer of alcohol prep pads, alcohol wipes, benzalkonium chloride wipes, antiseptic wipes, and other first aid products. Med-Nap has an FDA-registered manufacturing facility where it produces all of its products. Corporate structure Today, Acme United has ten main brands: Westcott, Clauss, PhysiciansCare, Pac-Kit, Camillus, First Aid Only, Med-Nap, Cuda, DMT and Spill Magic. Westcott Westcott is a major brand for scissors and rulers in North America, and one of the strongest worldwide. Their scissors range from kids and student products to sewing, office, and craft items. Their rulers come in wood, plastic, stainless steel, acrylic and aluminum with plentiful designs, innovations and fashionable colors. Each year, Acme sells between 60 and 80 million scissors, and 15