Consolidated Graphics Completes Acquisition of Woodridge Press.HOUSTON--(BUSINESS WIRE)--Dec. 7, 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) ) announced today that it has completed its acquisition of Woodridge Press Inc. of Anaheim, California “Anaheim” redirects here. For Annaheim, see Annaheim, Saskatchewan. Anaheim is a city in Orange County, California, located 28 miles southeast of Los Angeles. . Woodridge provides traditional sheet-fed commercial printing services to a concentration of high-tech companies in southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . The company's founders, Roger May, Don Chamberland, and Tim Prusia, will continue to lead Woodridge. Other terms were not disclosed. Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics, commented, "Since 1973, Woodridge has serviced the printing needs of its customers. The industry experience of Roger, Don, and Tim and a commitment to excellence from the entire staff at Woodridge has led to over 25 years of success. We are pleased to have them join Consolidated Graphics." 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. . 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 companies operating in 25 states 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 $685 million. For more information, visit the Company's Web site 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. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion