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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 J1K+UO0m3rO91ppxMgSrcQ9CoVcReVY9KMdcrabyDdlLy4GbyQ3wP3T1p/ylrBHo
 jqGr/yEyqeLBIaDqk0xgvA==

<SEC-DOCUMENT>0000921895-06-000850.txt : 20060331
<SEC-HEADER>0000921895-06-000850.hdr.sgml : 20060331
<ACCEPTANCE-DATETIME>20060331215411
ACCESSION NUMBER:		0000921895-06-000850
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060329
FILED AS OF DATE:		20060331
DATE AS OF CHANGE:		20060331

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NASHUA CORP
		CENTRAL INDEX KEY:			0000069680
		STANDARD INDUSTRIAL CLASSIFICATION:	CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670]
		IRS NUMBER:				020170100
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		SECOND FL
		STREET 2:		11 TRAFALGAR SQ
		CITY:			NASHUA
		STATE:			NH
		ZIP:			03063
		BUSINESS PHONE:		6038802323

	MAIL ADDRESS:	
		STREET 1:		SECOND FL
		STREET 2:		11 TRAFALGAR SQ
		CITY:			NASHUA
		STATE:			NH
		ZIP:			03063

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SCHWARZ MARK E
		CENTRAL INDEX KEY:			0001208889

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05492
		FILM NUMBER:		06731132

	BUSINESS ADDRESS:	
		STREET 1:		NEWCASTLE PARTNERS L P
		STREET 2:		300 CRESCENT COURT STE 1110
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
		BUSINESS PHONE:		2146617474

	MAIL ADDRESS:	
		STREET 1:		300 CRESCENT COURT
		STREET 2:		STE 1110
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>sch13.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-03-29</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000069680</issuerCik>
        <issuerName>NASHUA CORP</issuerName>
        <issuerTradingSymbol>NSHA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001208889</rptOwnerCik>
            <rptOwnerName>SCHWARZ MARK E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O NEWCASTLE PARTNERS, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>300 CRESCENT COURT, SUITE 1110</rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $1.00</value>
            </securityTitle>
            <transactionDate>
                <value>2006-03-29</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>485767</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>8.0000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>992967</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Newcastle Partners, L.P.</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, par value $1.00</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4802</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Owned directly by Newcastle Partners, L.P. (&quot;NP&quot;). Newcastle Capital Management, L.P. (&quot;NCM&quot;) is the general partner of NP.   Newcastle Capital Group, L.L.C. (&quot;NCG&quot;) is the general partner of NCM.  Mark E. Schwarz is the managing member of NCG. Accordingly, Mr. Schwarz may be deemed to beneficially own the shares held by NP.  Mr. Schwarz disclaims beneficial ownership of the shares owned by NP, except to the extent of his pecuniary interest therein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Schwarz, Mark</signatureName>
        <signatureDate>2006-03-31</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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