Chas. P. Young and Merrill Corporation Form Strategic Alliance
Press release from the issuing company
HOUSTON- March 19, 2001 -Consolidated Graphics, Inc. (NYSE:CGX - news) announced today a strategic alliance between the financial printing operations of Chas. P. Young Co., a wholly owned subsidiary of Consolidated Graphics, and the Financial Document Services business of Merrill Corporation. The combined venture, named Merrill/CPY, will be a leader in the Houston financial printing market. Both Merrill/CPY and Chas. P. Young's continuing commercial printing business will be located at 1616 McGowen Street, Houston.
``This alliance combines the financial printing capabilities of two respected names,'' commented Charles F. White, Consolidated Graphics' President and Chief Operating Officer. ``Merrill/CPY will prove to be a win-win situation for both companies and their customers. Merrill will benefit from Chas. P. Young's impressive customer base, large state of the art facilities, and reputation for high-quality printing. Chas. P. Young will gain Merrill's worldwide typesetting and office network, which is able to support working groups in Merrill locations throughout the world. Additionally, this alliance will enable Consolidated Graphics to maintain its financial printing capabilities while focusing more closely on the Company's core competency -high quality commercial printing.''
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