To prepare an environmental friendly high-solid coatings an acrylic resin containing 80% of solid content was synthesized by addition polymerization of caprolactone acrylate, n-butyl acrylate, ethyl methacrylate, and 2-hydroxyethyl methacrylate. The conversion was 78~93% and the prepared resin's physical properties are as follows: viscosity, 212~3424cps: Mn 1740~2400. There was a trend that viscosity and molecular weight of the resin increased with Tg, but no direct proportionality was observed.