8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):April 5, 2012

Commission File Number: 1-9852

CHASE CORPORATION

(Exact name of registrant as specified in its charter)

Massachusetts	11-1797126
(State or other jurisdiction of incorporation of	(I.R.S. Employer Identification No.)
organization)

26 Summer Street, Bridgewater, Massachusetts 02324

(Address of Principal Executive Offices, Including Zip Code)

(508) 819-4200

 (Registrant’s Telephone Number, Including Area Code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 2 — Financial Information

Item 2.02 - Results of Operations and Financial Condition

On April 5, 2012, Chase Corporation announced its second quarter results for the fiscal year ended August 31, 2012.  A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Section 9 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No	Description
99.1	Press release issued by Chase Corporation on April 5, 2012 announcing its second quarter of fiscal year 2012 financial results.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Chase Corporation
Dated: April 5, 2012	By:	/s/ Kenneth L. Dumas
		Kenneth L. Dumas
		Chief Financial Officer and Treasurer

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press release issued by Chase Corporation on April 5, 2012 announcing its second quarter of fiscal year 2012 financial results.

2

EX-99.1

Exhibit 99.1

A Leading Manufacturer of Protective Materials for High Reliability Applications

NEWS RELEASE

CHASE CORPORATION ANNOUNCES SECOND QUARTER RESULTS

REVENUES OF $29.4 MILLION

EARNINGS PER SHARE OF $0.13

Bridgewater, MA — April 5, 2012 — Chase Corporation (NYSE Amex: CCF) today reported revenues of $29.4 million for the quarter ended February 29, 2012.  This represents an increase of 11.8% compared to $26.3 million in the second quarter of last year.  Net income of $1.2 million decreased $0.22 million from $1.42 million in the prior year period.  Earnings per diluted share of $0.13 in the second quarter of fiscal 2012 fell short of the $0.16 per share in fiscal 2011.

For the six months ended February 29, 2012 revenues increased $4.1 million or 7.1% to $61.6 million compared to $57.5 million in the prior year period.  Net income decreased $0.83 million or 19.1% to $3.52 million or $0.39 per share in the year to date period from $4.35 million or $0.48 per share in fiscal 2011.

Peter R. Chase, Chairman and Chief Executive Officer commented: “The second quarter was fairly typical in terms of seasonality limiting construction sales and, as in the first quarter, the sales mix continued to favor products with traditionally lower margins.  Our consolidation program continues to progress with the Winnersh, UK relocation completed and Randolph tape products moving to Oxford during the balance of this calendar year.  As a result, manufacturing costs have increased in the short-term due to non-recurring transition related expenses.

We are off to a good start in March and look for better results as we move ahead.  Our merger and acquisition program remains active with a number of potential candidates.”

Revenue for the Industrial Materials segment increased over the prior year as greater demand in the power cable and communication cable markets resulted in increased wire and cable product sales.  This was partially offset by decreased sales of electronic coatings products as well as lower sales into the aerospace and transportation product markets.

The Construction Materials segment also saw increased revenues over the prior year primarily due to sales of pipeline tape products produced at the Company’s UK facility. Overall profit margins in the Construction Materials segment are lower than what is seen in the Industrial Materials segment.

As of February 29, 2012, the Company’s working capital was $35.4 million, including cash on hand of $12.4 million.  The outstanding balance on the Company’s unsecured bank term debt is $9.0 million.

The following table summarizes the Company’s financial results for the three and six months ended February 29, 2012 and February 28, 2011.

	For the Three Months Ended						For the Six Months Ended
All figures in thousands, except per share figures	February 29, 2012			February 28, 2011			February 29, 2012		February 28, 2011
Revenues	$	29,421		$	26,261		$	61,551	$	57,528
Costs and Expenses
Costs of products and services sold	21,022			17,441			43,021		37,501
Selling, general and administrative expenses	6,513			6,594			13,505		13,182
Operating income	1,886			2,226			5,025		6,845
Other income (expense)	(44		)	(79		)	397		(56		)
Income before income taxes	1,842			2,147			5,422		6,789
Income taxes	645			727			1,898		2,444
Net income	$	1,197		$	1,420		$	3,524	$	4,345
Net income available to common shareholders, per common and common equivalent share:	$	0.13		$	0.16		$	0.39	$	0.48
Weighted average diluted shares outstanding	8,791			8,757			8,774		8,753

Contact:
Paula Myers
Shareholder & Investor Relations Department
Phone:	508.819.4219
E-mail:	investorrelations@chasecorp.com
Website:	www.chasecorp.com

Chase Corporation, founded in 1946, is a leading manufacturer of protective materials for high reliability applications throughout the world.

Certain statements in this press release are forward-looking.  These may be identified by the use of forward-looking words or phrases such as “believe”; “expect”; “anticipate”; “should”; “planned”; “estimated” and “potential” among others.  These forward-looking statements are based on Chase Corporation’s current expectations.  The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for such forward-looking statements.  In order to comply with the terms of the “safe harbor,” the Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance and that a variety of factors could cause the Company’s actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company’s forward-looking statements. The risks and uncertainties which may affect the operations, performance, development and results of the Company’s business include, but are not limited to, the following: uncertainties relating to economic conditions; uncertainties relating to customer plans and commitments; the pricing and availability of equipment, materials and inventories; technological developments; performance issues with suppliers and subcontractors; economic growth; delays in testing of new products;  the Company’s ability to successfully integrate acquired operations; rapid technology changes and the highly competitive environment in which the Company operates. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made.