Press release from the issuing company
CJ Graphics, a large integrated printing & communication solutions company is pleased to announce the acquisition of Media Resources’ Large Format Digital Print Division effective March 1 st 2024. The acquisition was made to fortify CJ’s leading position in the Canadian print industry and extend their print services to the out-of-home and sign industry. “CJ Graphics & Media Resources have worked together on many customer projects in the past to much success. This acquisition is the perfect solution for accelerating our growth in this exciting business sector. We believe CJG will add great value to MRI print clients because of the large variety of advanced print options we offer in our facility. This is truly a win-win for all clients and our collective staff.” says Jay Mandarino, President & CEO of CJ Graphics Inc.
The divestiture of MRI Print Division to CJG is part of a broader strategic change designed to further concentrate MRI efforts and resources on its core competencies: end-to-end manufacturing of indoor and outdoor digital signage, alongside its innovative 3D fabrication and comprehensive installation services across North America. The relationship will also see CJG utilizing MRI installation, 3D and digital services for their existing clients.
“When Jay approached us about the possibility of the acquisition of our Print Division, it was critical to ensure that all Media Resources print employees would remain with CJGs and our existing print customers would continue to have the same level of service they have had with Media Resources. CJ’s capabilities in the print industry are second to none in the North American market and will provide great career opportunities for our staff. We could not be happier.” says Will Thomson, Senior Vice-President of Media Resources.
Steve Gallow, Senior Vice-President of Media Resources, expressed his enthusiasm for the transition, highlighting the importance of continuity for both employees and clients. "Ensuring that our dedicated print division team found a new home with CJ Graphics, where they will continue to thrive, was paramount. Likewise, we are committed to guaranteeing that our print customers receive the same high level of service they have come to expect from us. CJG exceptional capabilities in the print industry promise exciting opportunities for growth and development for our team members."
Jeff Rushton, President & CEO of Media Resources, added, "This decision aligns with our strategic focus to intensify the growth of our digital LED signage business, which has seen significant expansion in recent years. Divesting the print division allows us to allocate our management focus and financial resources more efficiently towards our digital signage and 3D fabrication services, areas where we see substantial growth potential. Our longstanding relationship with Jay Mandarino and CJ Graphics, rooted in shared professional and philanthropic endeavors, assures us that this transition will be beneficial for all parties involved."
For more information visit, www.mediaresources.com and www.cjgraphics.com.
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