The law firm of Brody Wilkinson PC is pleased to announce its representation of Acme United Corporation (AMEX:ACU) in the donation to the City of Bridgeport, Connecticut of waterfront real estate owned by Acme. Brody Wilkinson principals James E. Rice and Barbara S. Miller were engaged by Acme to oversee the transaction.
The property consists of 2.4 acres along the Pequonnock River. It anchors the potential redevelopment of the East Side of Bridgeport, and provides waterfront access for the public.
Walter C. Johnsen, Chairman and CEO said, “Acme United has made over 2.6 billion scissors and shears in Bridgeport since 1867. We are proud of the many employees from Bridgeport who contributed to our growth, and it is in their honor that we are now donating this land. We hope that future generations recognize their accomplishments, and that we have made a small contribution to the city that has given us so much.”
“We are hopeful that Acme’s donation will lead to a mixed-use development that will include public access to the riverfront,” said Mayor Bill Finch. “This piece of land is a gateway to continued reclamation of waterfront along the river as part of the City’s Master Plan of Development.”