CONSOLIDATED GRAPHICS TO ACQUIRE GARNER PRINTING OF DES MOINES.HOUSTON--(BUSINESS WIRE)--May 23, 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 the signing of a letter of intent to acquire Garner Printing of Des Moines, Iowa “Des Moines” redirects here. For other uses, see Des Moines (disambiguation). Des Moines (pronounced /dɪˈmɔɪn/ in English, . Terms of the agreement were not disclosed. Garner Printing is a high-quality, full-service, sheet-fed printer. The company's five sheet-fed presses have up to seven- color capability and are complemented by state-of-the-art prepress equipment and a complete bindery A NetWare file used for security and accounting in the early NetWare 2.x and 3.x versions. The bindery pertained only to the server it resided in and contained the names and passwords of users authorized to log in to that server. . The company reported revenues of $13 million in 1995. Management of Garner Printing, including owners Bob Garner, President, and Jerry Ross ''Jerry Ross may refer to:
"Garner Printing has a reputation for being one of the top printers in the Midwest," 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. "The company provides outstanding service, has highly capable personnel and an excellent array of production equipment. We are excited about adding Garner Printing to our existing group of strong companies. "This acquisition represents our first entry into the Midwest market and is our third announced acquisition in the last 60 days, joining Bridgetown Printing in Portland, Oregon, and Eagle Press in Sacramento. The total annual revenues to be generated by these three companies is approximately $28 million," concluded Davis. 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, Bridgetown Printing, and Eagle Press, Consolidated Graphics will operate printing companies in a total of eleven markets which also include Dallas, Denver, Houston, Phoenix, 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, Seattle and Tulsa. CONTACT: Consolidated Graphics, Inc., Houston Mary K. Collins, 713/529-4200 |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion