Consolidated Graphics Expands in Cleveland, AGS Custom Graphics to Be Formed from Merger
Press release from the issuing company
HOUSTON---June 13, 2003--Consolidated Graphics, Inc. announced today that it has signed a letter of intent with Solon, Ohio-based Custom Graphics, Inc. to merge its operations with Consolidated Graphics' existing operations in Cleveland to form AGS Custom Graphics, Inc., offering a full range of sheet-fed printing, fulfillment and e-commerce capabilities to customers in Ohio.
"This is an exciting opportunity for us to expand our capacity and services to new and existing customers in the Ohio market," commented Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics. "AGS Custom Graphics will be the premier commercial printing company in this market as a result of this transaction. With the addition of Custom Graphics' three sheet-fed presses and extensive bindery to our existing state-of-the-art prepress, printing and fulfillment services, the new AGS Custom Graphics' capabilities will be unique in its market and provide the ability to meet any customer's needs. When further combined with the additional solutions offered through our CGXmedia group, AGS Custom Graphics will be extremely well positioned for market leadership and growth. We are very pleased to welcome Custom Graphics' outstanding team to our organization."
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