CONSOLIDATED GRAPHICS COMPLETES ACQUISITION OF BRIDGETOWN PRINTING OF PORTLAND, OREGON.HOUSTON--(BUSINESS WIRE)--June 19, 1996--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 that it has completed the acquisition of Bridgetown Printing Co. of Portland, Oregon. Bridgetown Printing has served the area since 1902 and is one of the largest commercial printers in Portland. It provides sheet-fed printing services to a wide variety of businesses on four presses with up to six-color capability. The company will continue to operate under its current name and existing management. Commenting on the announcement, 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., said, "Bridgetown Printing's excellent reputation for quality craftsmanship is supported by its full range of presses. Its highly capable workforce is headed by Ron Brown, president, and Kathy Hanson, vice president-sales and marketing. Like our other companies, they are committed to providing outstanding service to their more than 300 customers. Bridgetown has substantial growth potential, and we are committed to expanding its customer service capabilities. "The Bridgetown transaction is our first acquisition to close in fiscal 1997. This important acquisition represents our second entry into the Pacific Northwest and our first into Portland. These companies provide us with a solid presence in this vibrant, growing region A growing region is an area suited by climate and soil conditions to the cultivation of a certain type of crop. Most crops are cultivated not in one place only, but in several distinct regions in diverse parts of the world. ." 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. . It is a consolidator in a fragmented industry that adds value to its acquisitions by providing the financial and operational strengths, management support and technological advantages associated with a larger organization. With the completion of the acquisitions of Garner Printing and Eagle Press, Consolidated Graphics will operate printing companies in a total of eleven markets: Dallas, Denver, Des Moines Des Moines, city, United States Des Moines (dĭ moin`), city (1990 pop. 193,187), state capital and seat of Polk co., S central Iowa, at the junction of the Des Moines and Raccoon rivers; inc. , Houston, Phoenix, Portland, Sacramento, 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. , San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Seattle and Tulsa. CONTACT: Consolidated Graphics, Inc., Houston Mary K. Collins, 713/529-4200 |
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