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Chase Corporation: Industrial Coatings And Tapes

June 1, 2015

Chase Corporation was founded in 1946 by Francis G. Chase and his two sons, Francis M. and Edward L. Chase in Randoph, Massachusetts. The original name of the company was Chase & Sons, Inc. The firm’s first product was a rubber baby pant worn over traditional cloth diapers.

In the 1950s Chase & Sons developed product lines consisting of insulating, binding and bedding tapes for the wire and cable industry utilizing the company’s original expertise in rubberized coatings. The 1960s decade was a period of organic growth in wire and cable. There was also strategic partnership investments in related businesses.

In the 1970s Chase Corporation turned into a public company through the reverse merger transaction with Columbia Technical Corporation. The company’s name changed to Columbia Chase Corporation (Boston Stock Exchange: CTE). Columbia Technical developed the HumiSeal line of conformal coating for the electronics industry. Columbia Chase then went into acquisition mode acquiring the Royston Laboratories business from Jack Royston.

The 1980s decade saw the emergence of a new leadership team as a result of the retirements of the company’s founders. In the latter part of the decade a corporate restructuring was implemented. The company changed its name form Columbia Chase Corporation to Chase Corporation. There was also divestiture of non-core businesses.

In the 1990s the company concentrated on its growing tapes and coating businesses: Chase & Sons (Wire and Cable), Humiseal (Electronic Coatings), Royston (Construction – Pipeline Coatings). The company also diversified into Electronic Manufacturing Services.

In the new millennium Chase Corporation continued to concentrate on core businesses with globalization and related diversification initiatives through various acquisitions and partnership agreements. There was also consolidation of management and operations. As part of its effort to focus on core businesses, the Electronics Manufacturing Services business was let go and there has been continued investments in core protective materials businesses.

Today Chase Corporation is based in Bridgewater, Massachusetts and has grown to become a leading manufacturer of industrial coatings and tapes for high reliability applications with a global customer base operating in diverse market sectors.

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