PaintSquare.com
      | Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise
  

 

Paint and Coatings Industry News

Main News Page


Chase Corp. Acquires C.I.M.

Thursday, September 10, 2009

Comment | More

Sealant and coating manufacturer Chase Corporation (Bridgewater, MA) has acquired 100% of the capital stock of C.I.M. Industries, Inc. (C.I.M.), which makes high-performance coatings and membranes, according to a September 8 announcement from Chase.

With a primary focus on the water and wastewater industry, C.I.M. has products that complement Chase Corporation’s product line of high-performance tapes and coatings, according to Peter R. Chase, CEO of Chase Corporation. “C.I.M. is consistent with our growth strategy of expanding our products and services to high-reliability coatings applications,” he said.

C.I.M.’s liquid-applied liners and coatings are also used in chemical containment, deck and pavement waterproofing, cooling tower, and related applications.

Chase Corporation, founded in 1946, is a publicly traded company (NYSE Amex: CCF) and a global manufacturer of tapes, laminates, sealants, and coatings for high-reliability applications.

C.I.M., a private manufacturer in business for more than 30 years, had revenues of $9.2 million in its most recently completed fiscal year, which ended December 31, 2008. The purchase was funded through a combination of cash, bank financing and a note payable to C.I.M. shareholders.

For more information, go to www.chasecorp.com and www.cimindustries.com.

   

Tagged categories: Acquisitions; C.I.M. Industries; Chase Corp.

Comment Join the Conversation:

Sign in to our community to add your comments.

SSPC: The Society for Protective Coatings
http://www.sspc.org/

Join SSPC and Enhance
Your Career !


PPG Protective and Marine Coatings Group
Industrial strength performance in ONE can.

Now get the durability and protection of two components in one can: Amercoat® ONE, PSX® ONE and Sigmadur ONE.


Blastox/The TDJ Group, Inc.
Blastox - One Step
Lead Abatement

Don't waste $$ on added labor steps with other methods. Don't mix, meter or apply at the job-site. Avoid strict hazardous waste rules.
Let your painters paint!


HoldTight Solutions Inc.
NO FLASH RUST -
NO CONTAMINANTS

Our HoldTight®102 salt remover & flash rust preventer prevents flash
rust by removing surface contaminants. It has no equal; only wannabees.
Contact us for your
nearest distributor.
(800) 319.8802 sales@holdtight.com


NLB Corporation
Rotating water jets increase coverage

NLB lance has rotating water jets (40,000 psi), widening the spray pattern to cover more area. Features air-driven swivel with dual triggers to enhance safety.


Axxiom Manufacturing
Schmidt Improves
Portable Blasters

Schmidt's VBS System reduces blowdown intensity, prevents exhaust from damaging floor while using no screens or filters. Reduces sound; Increasing safety.
Call 1-800-231-2085


PreTox Products - NexTec, Inc.
GOT LEAD? Specify Pretox System products

The ONLY Lead Stabilizer Compatible with All Paint Removal Methods. Works with all Blast Media: Grits | Recyclable Abrasives | CO2 | Water | Power Tools | Etc. Call Dave Steffen at 800.338.8296.


Bullard

The Next Generation
of Blasting

• Lightest
• Coolest
• Most Comfortable
• Most Dependable


SAFE Systems, Inc.
SAFE Systems'
Blast Lights &
Deadman Switches

Halogen or LED blast lights available with our NEW urethane bumper. Switches available in many colors for color coding your hoses.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com