Industry News

Chase Corporation Acquires Capital Services Joint Systems

Published on 2006-09-15. Author : SpecialChem

BRIDGEWATER, Mass. -- Chase Corporation (AMEX: CCF - News), a global manufacturer of advanced protective materials, announced 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. The sales and technical staffs of each brand will work in combination to support new product and application development.

Capital Services' expansion, control and seismic joint products are used internationally on bridges, ramps, elevated structures, parking garages, stadiums, dams, flood control channels and water treatment facilities. These products and applications are ideal extensions of Chase's catalog of protective coatings, expansion joints, waterproofing membranes and asphalt additives. "The addition of Capital Services to the new Construction Products group increases our ability to provide the widest range of product solutions for difficult anti-corrosion problems", said Terry Jones, Vice President, Chase Specialty Coatings.

Certain statements in this press release are forward-looking. These may be identified by the use of forward-looking words or phrases such as "believe"; "expect"; "anticipate"; "should"; "planned"; "estimated" and "potential" among others. These forward-looking statements are based on Chase Corporation's current expectations. The Private Securities Litigation Reform Act of 1995 provides "safe harbor" for such forward-looking statements.

Chase Specialty Coatings is a leading manufacturer of anti-corrosion coatings for oil, gas and water pipelines and high reliability printed circuit boards and electronic assemblies. Chase Specialty Coatings is an operating group of Chase Corporation (AMEX: CCF - News). Chase Corporation was founded in 1946 and today remains an innovative, global manufacturer of advanced protective materials that provide reliability and extend the useful life of our customer's products.

Source: Chase Corporation

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