We are pleased to announce that C.I.M. Industries has been acquired by Chase Corporation of Bridgewater, Massachusetts.
Chase Corporation (NYSE Amex: CCF) www.chasecorp.com was founded in 1946 and has grown to become a global manufacturer of advanced protective materials for high reliability applications.
“C.I.M. is consistent with our growth strategy of expanding our products and services to high reliability coatings applications. Potable water and wastewater systems are critical to preserve a vital resource that will continue to command investment well into the future,” stated Peter R. Chase, CEO of Chase Corporation.
Chase’s purchase of C.I.M. is a very positive step for the growth of C.I.M.’s product line. We have immediate access to complementary technologies that will benefit many of our customers. C.I.M.’s recognized product leadership combined with Chase’s heritage of success will significantly enhance our customer, supplier and employee relationships.
C.I.M. will continue to be headquartered at our Peterborough, NH location and manufacture at our Houston, TX factory.