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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 12B-25


                           NOTIFICATION OF LATE FILING

                        Commission File Number: 1-5492-1

(Check One): [   ] Form 10-K; [ X ] Form 11-K; [   ] Form 20-F; [   ] Form 10-Q
                        and Form 10-QSB; [   ] Form N-SAR

For period ended:  December 31, 1998

[   ] Transition Period on Form 10-K and Form 10-KSB
[   ] Transition Period on Form 20-F
[   ] Transition Period on Form 11-K
[   ] Transition Period on Form 10-Q and Form 10-QSB
[   ] Transition Period on Form N-SAR

For the transition period ended:_________________

Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:


                                     PART I

                             REGISTRANT INFORMATION

                   NASHUA CORPORATION EMPLOYEES' SAVINGS PLAN
                            (Full Name of Registrant)

                               44 FRANKLIN STREET
                     (Address of Principal Executive Office)

                           NASHUA, NEW HAMPSHIRE 03061
                           (City, State and Zip Code)



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                                     PART II

                             RULES 12B-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed (Check appropriate box.)

  X    (a)  The reasons described in reasonable detail in Part III of this form
            could not be eliminated without unreasonable effort or expense;

  X    (b)  The subject annual report, semi-annual report, transition report on
            Form 10-K, 10-KSB, Form 20-F, Form 11-K or Form N-SAR, or portion
            thereof will be filed on or before the fifteenth calendar day
            following the prescribed due date; or the subject quarterly report
            or transition report on Form 10-Q, or portion thereof will be filed
            on or before the fifth calendar day following the prescribed due
            date;

[   ]  (c)  The accountant's statement or other exhibit required by Rule
            12b-25(c) has been attached if applicable.


                                    PART III
                                    NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 10-KSB, 20-F, 11-K,
10-QSB, 10-Q, N-SAR or the transition report or portion thereof could not be
filed within the prescribed time period.

         Due to the operational complexities of reporting the activities of our
         savings plan, we were unable to complete the report and file it within
         the prescribed time period.


                                     PART IV
                                OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this
    notification.

             Megan Callan                 603-880-5998
                (Name)                 (Telephone Number)

(2) Have all other periodic reports required under Section 13 or 15(d) of the
    Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
    of 1940 during the preceding 12 months or for such shorter period that the
    registrant was required to file such report(s) been filed? If the answer is
    no, identify report(s).  X   Yes [   ] No


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(3) Is it anticipated that any significant change in results of operations from
    the corresponding period for the last fiscal year will be reflected by the
    earnings statements to be included in the subject report or portion thereof?
    [   ] Yes [ X ] No

    If so, attach an explanation of the anticipated change, both narratively and
    quantitatively, and, if appropriate, state the reasons why a reasonable
    estimate of the results cannot be made.


    NASHUA CORPORATION EMPLOYEES' SAVINGS PLAN has caused this notification to
be signed on its behalf by the undersigned thereunto duly authorized.



                                    NASHUA CORPORATION
                                    EMPLOYEES' SAVINGS PLAN



Date:  June 15, 1999                By  /S/John L. Patenaude
                                      -----------------------------
                                           John L. Patenaude
                                           Chief Financial Officer,
                                           Vice President-Finance