From Reuter's Online Comes this Press Release about C.I.M. Industries, an industrial coatings manufacturer
Chase Corporation Acquires C.I.M. Industries, Inc.
Tue Sep 8, 2009 8:15am EDT
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BRIDGEWATER, Mass.--(Business Wire)--
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.
C.I.M. manufactures fluid applied liners and coatings for applications that
include; potable water, wastewater systems, chemical containment, waterproofing
decks and pavements, water features, and cooling towers. The C.I.M. line of
unique low - VOC polyurethanes offers unmatched performance in chemical
resistance and durability all while enabling extreme flexibility to provide a
resilient, elastomeric, immersion coating that is essential to protect new and
aging infrastructure.
With a primary focus on the water and wastewater industry, C.I.M. has the
preferred products that complement Chase Corporation`s product line of high
performance tapes and coatings. "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. Peter Chase added, "We expect
to add value to C.I.M. by leveraging our presence in key markets around the
world."
Chase Corporation www.chasecorp.com , 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.
Chase Corporation
Paula Myers, 508-279-1789 ext. 219
Shareholder & Investor Relations
E-mail: investorrelations@chasecorp.com
Copyright Business Wire 2009
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Wednesday, September 9, 2009
Cool Flooring For Your Garage
Diamond Coatings in Anaheim makes Lava Flow flooring, a very cool floor system for different applications such as garages, kitchens, showrooms etc.
There's a great article on an installation of their flooring system down in Orange County;
Check out the article at Coatings Pro magazine by clicking here.
There's a great article on an installation of their flooring system down in Orange County;
Check out the article at Coatings Pro magazine by clicking here.
Monday, September 7, 2009
DeckExpert.com Updated Today With 20+ new pictures at our "Hall of Shame"
I uploaded about 25 pictures today to our "Hall of Shame" gallery at www.DeckExpert.com
Check out our expanded "Hall of Shame" pictures by clicking here.
Saturday, September 5, 2009
Court in Nevada Rules Against DR Horton and Johnson Development in Defect Case
Court rules against Vegas developer over home defects
By Cy Ryan (contact)
Friday, Sept. 4, 2009 | 2:19 p.m.
CARSON CITY – The Nevada Supreme Court has ruled against a development company being sued for construction defects by four homeowner associations on behalf of their unit owners in Clark County.
The court held that D. R. Horton, Inc., the development company, could not be sued by associations representing the interests of the owners of the individual units.
The construction defects suits were each brought by the homeowner associations of First Light, Dorrell Square, Court Aliante and the High Noon at Arlington Ranch.
The associations sued on behalf of themselves and the owners of the units, which included townhomes and duplexes.
D. R. Horton argued these associations could not represent the individual owners in these suits.
The court said “a homeowners’ association has standing to file a representative action on behalf of its members for constructional defects in individual units of a common-interest community.”
Three of the four unanimous opinions were authored by Chief Justice James Hardesty. The fourth did not identify who wrote the decision.
The court, however, imposed a condition, saying these cases must be handled as class-action suits. Class-action suits are to promote efficiency in the legal system and are to deal with a single wrong.
In the decision on First Light, Hardesty said homeowners often have different claims and “as a practical matter, single-family residence constructional defect cases will rarely be appropriate for class action treatment.”
READ THE REST OF THIS ARTICLE BY CLICKING HERE
By Cy Ryan (contact)
Friday, Sept. 4, 2009 | 2:19 p.m.
CARSON CITY – The Nevada Supreme Court has ruled against a development company being sued for construction defects by four homeowner associations on behalf of their unit owners in Clark County.
The court held that D. R. Horton, Inc., the development company, could not be sued by associations representing the interests of the owners of the individual units.
The construction defects suits were each brought by the homeowner associations of First Light, Dorrell Square, Court Aliante and the High Noon at Arlington Ranch.
The associations sued on behalf of themselves and the owners of the units, which included townhomes and duplexes.
D. R. Horton argued these associations could not represent the individual owners in these suits.
The court said “a homeowners’ association has standing to file a representative action on behalf of its members for constructional defects in individual units of a common-interest community.”
Three of the four unanimous opinions were authored by Chief Justice James Hardesty. The fourth did not identify who wrote the decision.
The court, however, imposed a condition, saying these cases must be handled as class-action suits. Class-action suits are to promote efficiency in the legal system and are to deal with a single wrong.
In the decision on First Light, Hardesty said homeowners often have different claims and “as a practical matter, single-family residence constructional defect cases will rarely be appropriate for class action treatment.”
READ THE REST OF THIS ARTICLE BY CLICKING HERE
Friday, September 4, 2009
2010 Advertising Pre-Sale Announcement
DeckExpert.com is increasing it's reach into the deck coating, waterproofing and concrete coating markets...
In 2007/2008, we had a few advertisers. In 2009, we increased our advertising base. With the launch of our new website, ad space availability has increased.
Distributors, manufacturer's and sundry item manufacturer's would be wise to think about putting their advertising dollar into mediums that are directly tied to their market, mediums such as DeckExpert.com. With nearly 50,000 visits in the last 12 months, and our expectation to increase that number to over 100,000 visits, now is the time to grab a deal.
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In 2007/2008, we had a few advertisers. In 2009, we increased our advertising base. With the launch of our new website, ad space availability has increased.
Distributors, manufacturer's and sundry item manufacturer's would be wise to think about putting their advertising dollar into mediums that are directly tied to their market, mediums such as DeckExpert.com. With nearly 50,000 visits in the last 12 months, and our expectation to increase that number to over 100,000 visits, now is the time to grab a deal.
Call me at 805-801-2380 to discuss getting your product visible to our guests. I am offering some specials that will expire in October, so get on board now with advertising specials that won't break your bank account, allows even cash flow with a payment plan and start directing more traffic to your website and increase your bottom line!
DeckExpert.com Has Over 25 Videos Up at Our New Website!
As part of our commitment to education, DeckExpert.com has been busy consolidating all the videos available at YouTube.com to bring them to you in one convenient place to view them...Click Here to See What videos are posted...got a video you want seen? Send a copy to me today so I can post it up!
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