Consolidated Graphics Completes Acquisition of The Printery of Milwaukee, Wisconsin.HOUSTON--(BUSINESS WIRE)--May 4, 1999-- 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. (NYSE NYSE See: New York Stock Exchange :CGX CGX Consolidated Graphics Inc. CGX Meigs Field, Chicago, Illinois (Airport Code) ) today announced that it has completed the acquisition of The Printery Print´er`y n. 1. A place where cloth is printed; print works; also, a printing office. . A high-quality commercial printer located in Milwaukee, Wisconsin For other places with the same name, see Milwaukee (disambiguation). Milwaukee is the largest city within the state of Wisconsin and 25th largest (by population) in the United States. , The Printery will continue to be led by Dick McMicken, President. Other terms of the transaction were not disclosed. Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics, said, "By providing a wide range of printing services and maintaining a company-wide commitment to producing superior quality products, The Printery has established a loyal client base both locally and nationally. This philosophy, which is shared by all of our companies, should produce strong future growth and continued strong operating results. We are pleased to have Dick McMicken and his dedicated staff join Consolidated Graphics." Consolidated Graphics is the fastest growing printing company 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. . A consolidator in a highly fragmented industry, the Company adds value to its acquisitions through managerial and operational expertise, financial strength and economies of scale. Upon completion of pending acquisitions, Consolidated Graphics will have 55 companies with annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenues in excess of $605 million. For more information, visit the Company's website at www.consolidatedgraphics.com. This press release contains forward-looking statements which involve known and unknown risks, uncertainties or other factors that could cause actual results to materially differ from the results, performance or other expectations implied by these forward-looking statements. Consolidated Graphics' expectations regarding run-rate revenues assume, among other things, completion of pending acquisitions, general economic conditions, continued demand for its product, the availability of raw materials, retention of its key management and operating personnel, as well as other factors detailed in Consolidated Graphics' filings with the Securities and Exchange Commission. |
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