Chase Corp

CHASE CORPORATION ANNOUNCES RECORD QUARTER

Bridgewater, MA – July 8, 2010 – Chase Corporation (NYSE Amex: CCF), today reported financial results for its best quarter ever. Revenues of $39.6 million for the third fiscal quarter ended May 31, 2010 represented an increase of $14.5 million or 58% compared to $25.1 million in the third quarter of last year. Net income of $4.4 million increased $3.5 million or 389% from $0.9 million in the prior year period. Earnings per diluted share of $0.48 in the third quarter of fiscal 2010 increased $0.38 from $0.10 per share in fiscal 2009.

CHASE CORPORATION SELLS CIRCUIT BOARD ASSEMBLY BUSINESS

Bridgewater, MA – July 1, 2010 – Chase Corporation (NYSE Amex: CCF), a global manufacturer of protective tapes and coatings for high reliability applications, announces that it has divested its contract manufacturing services business, Chase EMS, to MC Assembly. Chase Electronic Manufacturing Services (www.chaseems.com), a segment of Chase Corporation's business since 1999, is a leader in the Northeast printed circuit board design, proto-typing, assembly, inspection and BGA rework services.

CHASE CORPORATION ANNOUNCES SECOND QUARTER RESULTS
RECORD REVENUES OF $31.4 MILLION; EARNINGS PER SHARE OF $0.18

Bridgewater, MA – April 7, 2010 – Chase Corporation (NYSE Amex: CCF) today reported revenues of $31.4 million for the quarter ended February 28, 2010. This represents a record for the Company's second fiscal quarter and an increase of 37% compared to $23.0 million in the second quarter of last year. Net income of $1,626,000 increased $1,172,000 or 258% from $454,000 in the prior year period. Earnings per diluted share of $0.18 in the second quarter of fiscal 2010 increased $0.13 from $0.05 per share in fiscal 2009.

CHASE CORPORATION ANNOUNCES FIRST QUARTER RESULTS
REVENUES OF $28.7 MILLION; EARNINGS PER SHARE OF $0.24

Bridgewater, MA – January 7, 2010 – Chase Corporation (NYSE Amex: CCF) today reported revenues of $28.7 million for the quarter ended November 30, 2009. This represents a decrease of 8% compared to $31.1 million in the first quarter of last year. Net income of $2.12 million decreased 6% from $2.26 million in the prior year period. Earnings per diluted share of $0.24 in the first quarter of fiscal 2010 fell $0.02 short of the $0.26 per share in fiscal 2009.

CHASE CORPORATION ACQUIRES SERVIWRAP® PRODUCT LINE

Bridgewater, MA, December 18, 2009 – Chase Corporation (NYSE Amex: CCF), a global manufacturer of protective tapes and coatings, announces that it has acquired the full range of ServiWrap® pipeline protection products from Grace Construction Products, a unit of W.R. Grace & Co. ServiWrap high performance tapes, that have been protecting offshore and onshore pipelines from corrosion around the world for over 30 years, will be manufactured and distributed by Chase Corporation utilizing our existing, state–of–the–art, manufacturing capacity. The purchase was funded through a combination of cash and bank financing.

CHASE CORPORATION ANNOUNCES FOURTH QUARTER RESULTS
NET INCOME PER SHARE: Q4 $0.31; FISCAL 2009 $0.73

Bridgewater, MA – October 15, 2009 – Chase Corporation (NYSE Amex: CCF) today reported revenues of $28.4 million for the quarter ended August 31, 2009. This represents a decrease of 20% compared to $35.7 million in the fourth quarter of last year. Net income of $2.8 million decreased 26% from $3.8 million in the prior year period. Earnings per diluted share of $0.31 in the fourth quarter of fiscal 2009 fell $0.13 short of the $0.44 per share in fiscal 2008.

CHASE CORPORATION ACQUIRES C.I.M. INDUSTRIES, INC.

Bridgewater, MA – September 8, 2009 – Chase Corporation (NYSE Amex: CCF) announced that it has acquired 100% of the capital stock of C.I.M. Industries, Inc. (“C.I.M.”) www.cimindustries.com, a private company whose high performance coatings and membranes have been ‘keeping liquids where they belong’ for over 30 years. C.I.M. had revenues of $9.2 million in their most recently completed year ended December 31, 2008. The purchase was funded through a combination of cash, bank financing and a note payable to C.I.M. shareholders.

CHASE CORPORATION ANNOUNCES THIRD QUARTER RESULTS
REVENUES $25.1 MILLION, EARNINGS PER SHARE OF $0.10

Bridgewater, MA – July 9, 2009 – Chase Corporation (NYSE Amex: CCF) today reported revenues of $25.1 million for the quarter ended May 31, 2009. This represents a decrease of 26% compared to $33.9 million in the same period last year. Net income of $862,000 represented a decrease of 73% from $3,218,000 in the prior year period. Earnings per diluted share decreased $0.27 to $0.10 in the third quarter of fiscal 2009 compared to $0.37 in fiscal 2008.

CHASE CORPORATION ANNOUNCES SECOND QUARTER RESULTS
REVENUES $23.0 MILLION, EARNINGS PER SHARE OF $0.05

BRIDGEWATER, MA – APRIL 7, 2009 – Chase Corporation (NYSE Amex: CCF) today reported revenues of $23.0 million for the quarter ended February 28, 2009. This represents a decrease of 18% compared to $28.2 million in the same period last year. Net income of $454,000 represented a decrease of 76% from $1,865,000 in the prior year period. Earnings per diluted share decreased $0.17 to $0.05 in the second quarter of fiscal 2009 compared to $0.22 in fiscal 2008.

Following is the address given by Chase Corporation’s Chairman & CEO, Peter Chase at the 2009 Annual Meeting of Shareholders:

ANNUAL SHAREHOLDER MEETING – JANUARY 30, 2009 – Welcome to the new world economy – what’s left of it. We’ve had quite a battle the last couple of months with both the business and the weather and in our own case the weather can affect the business. It is often said that timing is everything. I guess that is the reason that Chase Corporation’s best year ever got little notice and went unrewarded. The collapse of the market in October, November and December wiped out some very impressive results.

CHASE CORPORATION ANNOUNCES FIRST QUARTER RESULTS REVENUES DECLINE 10% TO $31.1 MILLION EARNINGS PER SHARE OF $0.26

Bridgewater, MA – January 8, 2009 Chase Corporation (NYSE Alternext US: CCF) today reported net income of $2,260,000 for the quarter ended November 30, 2008. This represents a decrease of 35% compared to $3,474,000 in the same period last year. Earnings per diluted share decreased $0.15 to $0.26 in the first quarter of fiscal 2009 compared to $0.41 in fiscal 2008. Revenues of $31.1 million in the current fiscal quarter represented a decrease of 10% from $34.6 million in the prior year period.

CHASE CORPORATION ANNOUNCES RECORD QUARTER & YEAR APPROVES DIVIDEND OF $0.35 PER SHARE FISCAL 2008 NET INCOME INCREASES 22% TO $12.4 MILLION EARNINGS PER SHARE INCREASES $0.21 TO $1.43

BRIDGEWATER, MA – Oct. 14, 2008 Chase Corporation (AMEX:CCF) today reported net income of $3,817,000 for the quarter ended August 31, 2008, representing an increase of $406,000 or 12% compared to $3,411,000 in the same period last year. Earnings per diluted share increased $0.04 to $0.44 compared to $0.40 in fiscal 2007. Revenues of $35.7 million in the current fiscal quarter represented an increase of $1.5 million or 4% from $34.2 million in the prior year period.

CHASE CORPORATION ANNOUNCES THIRD QUARTER RESULTS NET INCOME UP 12% TO $3.2 MILLION EARNINGS PER SHARE INCREASES $0.03 TO $0.37

BRIDGEWATER, MA – July 8, 2008 – Chase Corporation (AMEX:CCF) today reported net income of $3,218,000 for the quarter ended May 31, 2008, representing an increase of $355,000 or 12% compared to $2,863,000 in the same period last year. Earnings per diluted share increased $0.03 to $0.37 compared to $0.34 in fiscal 2007. Revenues of $33.9 million in the current fiscal quarter represented a decrease of $617,000 or 2% from record revenues of $34.5 million in the prior year period.

BRIDGEWATER, MA - May 20, 2008 Chase Corporation (AMEX: CCF) a global manufacturer of tapes, laminates, sealants, and coatings for high reliability applications, and provider of contract assembly services for the electronics industry has been named to the ?Globe 100? list of top performing public companies in Massachusetts, The Boston Globe announced in their 20th Anniversary Issue of the Boston Globe 100, The Best of Massachusetts Business.

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CHASE CORPORATION ANNOUNCES SECOND QUARTER RESULTS NET INCOME UP 36% TO $1,865,000 EARNINGS PER SHARE INCREASES $0.06 TO $0.22

BRIDGEWATER, MA - April 8, 2008 Chase Corporation (AMEX:CCF) today reported net income of $1,865,000 for the quarter ended February 29, 2008, representing an increase of $493,000 or 36% compared to $1,372,000 in the same period last year. Earnings per diluted share increased $0.06 to $0.22 compared to $0.16 in fiscal 2007. Revenues of $28.2 million for the current fiscal quarter represented an increase of $700,000 or 3% from revenues of $27.5 million in the prior year period.

ADAM CHASE NAMED PRESIDENT OF CHASE CORPORATION

BRIDGEWATER, MA - February 11, 2008 Chase Corporation (AMEX:CCF) has named Adam P. Chase President and Chief Operating Officer. Mr. Chase joined the Company in 1998 and has held the positions of Controller, General Manager and Vice President among others. Prior to joining Chase he was employed by private bank, Brown Brothers Harriman.

PAPER TYGER DEFENDER™ CONTACTLESS CARD SHIELD ENJOYING RAPID ACCEPTANCE

BRIDGEWATER, MA - January 16, 2008 Chase Corporation (AMEX:CCF), a global manufacturer of tapes, laminates, sealants and coatings for high reliability applications, reports that its new contactless shielding product, Paper Tyger® DEFENDER™, is quickly gaining widespread acceptance. DEFENDER, an innovative patent-pending laminated paper with an inner security barrier, provides affordable personal and mail-stream privacy protection by shielding smart cards and RFID-enabled credentials from unauthorized access. According to industry leaders, the DEFENDER shield is facilitating the growth of contactless cards across the globe.

CHASE CORPORATION ANNOUNCES FIRST QUARTER RESULTS
REVENUE UP 11% TO $34.6 MILLION
EARNINGS PER SHARE INCREASES 32% TO $0.41

BRIDGEWATER, MA - January 7, 2008Chase Corporation (AMEX:CCF) today reported revenues of $34.6 million for the three months ended November 30, 2007, representing an increase of $3.4 million or 11% compared to revenues of $31.2 million in the same period last year. Net income in the first quarter of fiscal 2008 was $3,474,000, an increase of $926,000 or 36% compared to $2,548,000 in the prior year. Diluted earnings per share increased $0.10 or 32% to $0.41 in the first quarter of fiscal 2008 compared to $0.31 in the prior year quarter.

CHASE CORPORATION ANNOUNCES RECORD YEAR
APPROVES DIVIDEND OF $0.25 PER SHARE
REVENUE UP 18% TO $127.5 MILLION
NET INCOME INCREASES 67% TO $10.2 MILLION

BRIDGEWATER, MA - October 15, 2007Chase Corporation (AMEX:CCF) today reported revenues of $127.5 million for the fiscal year ended August 31, 2007. This represents an 18% increase over revenues of $108.4 million in the prior year. Net income for the fiscal year increased 67% to $10.2 million, or $1.22 per diluted share, compared to $6.1 million, or $0.77 per diluted share, in the prior year.

CHASE CORPORATION ACQUIRES LONG PRODUCTS

BRIDGEWATER, MA - September 11, 2007Chase Corporation (www.chasecorp.com) a global manufacturer of specialty tapes, laminates, sealants and coatings, announced today that through its wholly owned subsidiary, Chase Protective Coatings, Ltd, it has acquired the product lines and manufacturing facility of Long Products of Rye, East Sussex, England. For over 35 years, Long Products has been a leading manufacturer of waterproofing and corrosion protection systems for oil, gas and water pipelines and has been a major supplier to Europe, the Middle East and Southeast Asia. This new acquisition joins Chase's North American based Tapecoat® and Royston® brands to broaden the protective coatings product line and better address increasing global demand.

CHASE CORPORATION ANNOUNCES THIRD QUARTER RESULTS

BRIDGEWATER, MA - July 10, 2007Chase Corporation (AMEX: CCF) ("the Company") today reported revenues of $34,543,000 for the quarter ended May 31, 2007, representing an increase of 23% or $6,529,000 compared to revenues of $28,014,000 in the same period last year. The Company achieved an historic milestone for revenues surpassing the previous quarterly high of $31.2 million which occurred in the fourth quarter of the last fiscal year. Net income for the third quarter increased 109% or $1,493,000 to $2,863,000 compared to $1,370,000 in the prior year period. Net income per diluted share, adjusted for the recent 2-for-1 stock split, increased to $0.34 per share compared to $0.17 in the third quarter of fiscal 2006.

PAPER TYGER LAUNCHES NEW RFID SHIELD

BRIDGEWATER, MA - June 1, 2007Paper Tyger®, a product line of Chase Corporation, announces the addition of a unique "easily printable" new product for protecting personal information on contact-less credit cards or "Smart Cards." This new patent-pending RFID Shield contains a new security barrier to assure that sensitive information contained on the card's RFID chip remains protected when not in use. When fabricated into envelopes or sleeves this revolutionary new lightweight product provides water resistance, durability, and printing and converting benefits of the traditional Paper Tyger® line of products.

CHASE CORPORATION ANNOUNCES 2-FOR-1 STOCK SPLIT

BRIDGEWATER, MA - May 30, 2007Chase Corporation (AMEX:CCF) today announced that its Board of Directors approved a 2-for-1 stock split of the Company's common stock. The stock split will be effected in the form of a 100% stock dividend to be distributed on or about June 27, 2007, to shareholders of record on June 13, 2007, with shareholders receiving one additional share of common stock for each share held. Chase Corporation currently has approximately 4,095,375 shares of common stock outstanding.

CHASE CORPORATION NAMED TO BOSTON GLOBE 100 – NINETEENTH-ANNUAL LISTING RANKS TOP MASSACHUSETTS-BASED PUBLIC COMPANIES

BRIDGEWATER, MA - MAY 23, 2007Chase Corporation has been named to the "Globe 100" list of top performing public companies in Massachusetts, The Boston Globe announced yesterday.

Based on a composite score derived from financial data for the four quarters ending December 31, 2006, Chase Corporation was ranked 31 among Massachusetts-based companies whose stock is publicly traded on NASDAQ, the New York Stock Exchange or American Stock Exchange. Chase Corporation has been included in the Globe 100 each year since 1997.

CHASE CORPORATION ANNOUNCES SECOND QUARTER RESULTS – REVENUE INCREASES 13% – EARNINGS PER SHARE UP 38%

BRIDGEWATER, MA April 9, 2007Chase Corporation (AMEX:CCF) an innovative manufacturer of specialty tapes, laminates, sealants and coatings, today reported revenues of $27,504,000 for the quarter ended February 28, 2007, representing an increase of $3,165,000 or 13% from revenues of $24,339,000 in the same period last year.  Net income in the second fiscal quarter increased $418,000 or 44% to $1,372,000 compared to $954,000 in the prior year quarter.  Earnings per diluted share increased $0.09 or 38% to $0.33 compared to $0.24 in fiscal 2006.

HUMISEAL EXPANDS GLOBAL PRESENCE IN EUROPE

BRIDGEWATER, MA March 14, 2007 – Chase Corporation, an innovative manufacturer of specialty tapes, laminates, sealants and coatings, announced today that it has further expanded its international presence with the formation of HumiSeal Europe SARL in France. This business will be part of its HumiSeal® division (www.humiseal.com), the global leader in conformal coatings for the protection of high reliability printed circuit boards and electronic assemblies.

NEENAH NAMED AS DISTRIBUTOR FOR PAPER TYGER®

BRIDGEWATER, MA January 9, 2007 – Chase Corporationannounces that effective January 2007, Neenah Paper Inc. of Alpharetta, GA has become the exclusive distributor to the fine paper merchants in North America of Chase’s Paper Tyger® product line of tear and water resistant laminated papers.

CHASE CORPORATION NAMES EXECUTIVE OFFICERS

BRIDGEWATER, MA November 30, 2006 – Chase Corporation’s Board of Directors is pleased to announce the appointment of Peter R. Chase, its President and Chief Executive Officer, to the additional position of Chairman of the Board effective February 5, 2007, the date of the fiscal 2006 Annual Meeting of Shareholders. Mr. Chase has been President and CEO since 1994.


CHASE CORPORATION ACQUIRES CAPITAL SERVICES JOINT SYSTEMS

BRIDGEWATER, MA September 14, 2006 – Chase Corporation, (www.chasecorp.com) a global manufacturer of advanced protective materials, announced today that it has acquired Capital Services Joint Systems of Schenectady, New York effective September 1, 2006.  Capital Services is a leading manufacturer of waterproofing sealants, expansion joints and accessories for the transportation, industrial and architectural markets.  This new acquisition joins Chase’s Royston and E-poxy Engineered Materials brands to form the Construction Products group of Chase Specialty Coatings (www.chasespecialtycoatings.com).  The sales and technical staffs of each brand  will work in combination to support new product and application development.

CHASE CORPORATION ANNOUNCES
RECORD THIRD QUARTER REVENUES AND IMPROVED NET INCOME

Bridgewater, MA July 11, 2006 -
Chase Corporation (AMEX: CCF) (“the Company”) today reported revenues of $28,014,000 for the three months ended May 31, 2006, representing an increase of 19% or $4,463,000 from revenues of $23,551,000 in the same period last year. For the second straight quarter the Company achieved a milestone for quarterly revenues as the current quarter’s revenues exceeded all previous third quarter results. Net income for the third quarter increased $343,000 or 33% to $1,370,000, or $0.34 per diluted share, compared to $1,027,000, or $0.26 per diluted share, in the third quarter of fiscal 2005.


CHASE CORPORATION ANNOUNCES RECORD
SECOND QUARTER REVENUES

Bridgewater, MA April 10, 2006 - Chase Corporation (AMEX: CCF) (“the Company”) today reported revenues of $24,339,000 for the three months ended February 28, 2006, representing an increase of 23% or $4,483,000 from revenues of $19,855,000 in the same period last year. Revenues in the second quarter exceeded all previous second quarter results. Net income for the second quarter increased $641,000 or 205% to $954,000, or $0.24 per diluted share, compared to $313,000, or $0.08 per diluted share, in the second quarter of fiscal 2005.

CHASE CORPORATION ANNOUNCES RETIREMENT
OF CFO EVERETT “CHAD” CHADWICK

Bridgewater, MA – February 3, 2006—It is with mixed emotions that we announce the retirement of Everett “Chad” Chadwick as Vice President Finance, Treasurer and Chief Financial Officer of Chase Corporation effective February 24, 2006.

CHASE CORPORATION ANNOUNCES FIRST QUARTER
OF FISCAL YEAR 2006 FINANCIAL RESULTS

Bridgewater, MA, January 12, 2006

Chase Corporation Corporation (AMEX: CCF) (“the Company”) today reported revenues of $24,851,000 for the three months ended November 30, 2005, representing an increase of 11% or $2,452,000 from revenues of $22,399,000 in the same period last year. Net income for the first quarter was $1,018,000, or $0.26 per diluted share, compared to $1,437,000, or $0.37 per diluted share, in the first quarter of fiscal 2005. Income excluding special charges and credits discussed below was $1,684,000 in the quarter ended November 30, 2005, compared to $1,437,000 in the prior year period.

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CHASE CORPORATION ACQUIRES CONCOAT HOLDINGS LIMITED

Bridgewater, MA,- October 17, 2005
Chase Corporation (AMEX:CCF) of Bridgewater, Massachusetts, USA has acquired all of the capital of Concoat Holdings Limited and its subsidiaries of Camberley, Surrey, England for approximately US $9,000,000 (£5,000,000). The deal does not include the equipment portion of the Concoat business known as Concoat Systems which was spun off prior to Chase’s acquisition.


CHASE CORPORATION ANNOUNCES INCREASES IN FOURTH QUARTER REVENUE AND NET INCOME OF 13% AND 16% AS COMPARED TO LAST YEAR. THE COMPANY ALSO ANNOUNCED A DIVIDEND OF $0.35 PER SHARE.

Bridgewater, MA – October 17, 2005
Chase Corporation (AMEX:CCF) today reported revenues of $91,389,000 for the fiscal year ended August 31, 2005 compared with $87,084,000 for the same period last year. Net income for the fiscal year was $4,788,000 or $1.23 per diluted share compared to $4,627,000 or $1.16 per diluted share in the prior year. Income before income (loss) on minority interest, legal settlement, and impairment of goodwill was $5,179,000 or $1.33 per diluted share for the period ended August 31, 2005 compared to $5,680,000 or $1.42 per diluted share in the prior year period. Fourth quarter fiscal 2005 revenues were $25,584,000 with net income of $2,011,000 versus revenues of $22,718,000 and net income of $1,736,000 for the like period last year.ded May 31, 2005 compared to $1,378,000 or $0.35 per diluted share in the prior year period.


CHASE CORPORATION ANNOUNCES ITS RESULTS FOR THE
THIRD QUARTER AND FIRST NINE MONTHS OF FISCAL YEAR 2005

Bridgewater, MA, July 12, 2005

Chase Corporation (AMEX:CCF) today reported revenues of $65,805,000 Income before loss on minority interest, legal settlement and impairment of goodwill was $1,440,000 or $0.37 per diluted share for the quarter ended May 31, 2005 compared to $1,378,000 or $0.35 per diluted share in the prior year period.


CHASE CORPORATION ACQUIRES E-POXY ENGINEERED MATERIALS

Bridgewater, MA, April 6, 2005

Chase Corporation (AMEX:CCF) of Bridgewater, Massachusetts is pleased to announce that it has completed the acquisition of E-POXY Engineered Materials of Albany, New York.


 

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