CONSOLIDATED GRAPHICS, INC. COMPLETES ACQUISITION OF HERITAGE GRAPHICS OF PHOENIX.HOUSTON--(BUSINESS WIRE)--Sept. 27, 1995--Consolidated Graphics, Inc. (Nasdaq/NM:COGI COGI Coalition on Government Information (also known as the Minnesota Coalition on Government Information, or MNCOGI; promotes open access to public records) ) today announced the completion of its acquisition of Heritage Graphics, Inc., one of the largest commercial printing companies in Phoenix, Arizona Phoenix /ˈfiːˌnɪks/ (English: Phoenix, Navajo: Hoozdo, lit. "the place is hot", Western Apache: Fiinigis) is the capital and the most populous city of the U.S. . Heritage is Consolidated Graphics' first entry into the dynamic Phoenix market and its sixth acquisition since going public in June 1994. Terms of the acquisition agreement were not disclosed. "Heritage offers the quality craftsmanship Craftsmanship Alcimedon a first-rate carver in wood. [Rom. Lit.: Vergil Eclogues, iii. 37.] Argus skillful builder of Jason’s Argo. [Gk. Myth.: Walsh Classical, 29] Athena (Rom. and service that make it one of the leading providers of commercial printing services in Phoenix," said Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics Consolidated Graphics (NYSE "CGX") is a national, commercial printing company based in Houston, Texas. Founded in 1985 by Joe R. Davis, the company has grown to over 70 locations across 26 states and is known as the leading sheetfed, web and digital printing company in North , Inc. "We are pleased to have Heritage as a member of our group of companies and the cornerstone of our expansion into Phoenix." The co-founders of the sixteen-year-old company, John Morton
John Morton (c. 1420 – September 15, 1500) was an English cleric. , President, and Tim Lonsberry, Vice President, will continue in their present roles, and the company's name will remain unchanged. Morton stated, "Our basic operations will stay the same. Being a part of Consolidated Graphics gives us the opportunity to offer our 250 customers an enhanced range of capabilities, including access to large web printing, while still being able to maintain our traditional service and quality levels. We are pleased to be a part of a larger company committed to excellence in the printing industry." Consolidated Graphics, Inc. is one of the fastest growing printing companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Its strategy is to acquire established printing companies serving local, growing markets and allow them access to the financial and operational strengths available from association with a larger organization. With the Heritage acquisition, Consolidated Graphics, Inc. has ten printing operations in five markets: Dallas, Denver, Houston, Phoenix and San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. . CONTACT: Consolidated Graphics Inc., Houston Mary K. Collins, 713/529-4200 |
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