Integraphx Acquires Specialized Display Graphics Printing Company
Press release from the issuing company
Charlotte, N.C. – April 6, 2006 --- Integraphx, a Charlotte printing company, has acquired AGI Digital Imaging, a large format display company specializing in trade shows, point-of-purchase and advertising graphics.
“Now Integraphx will have more types of output devices than any other provider in the market,” said Scott Nowokunski, President for Integraphx. “We can supply our customers with the full range of tools for trade shows including display graphics, handouts, and pre and post-show mailings.”
The acquisition will add wide format display graphics, 3-D rendering, and lenticular printing to Integraphx’s existing capabilities of traditional offset printing, digital on-demand printing, one-to-one marketing, and direct mail.
Since 1996, AGI has supplied high quality printed graphics to advertising agencies, design studios and other trade show manufacturers.
Integraphx has 600 active customers and AGI has 125. The company expects a 15-20% growth increase for 2006 as a result of the acquisition and other activities Nowokunski said. For 2005, Integraphx reported 12% growth and $4 million in gross sales.
Integral was the addition of key AGI staff to Integraphx. “We brought on recognized market experts and “guru’s” in the field of large format display graphics,” said Nowokunski.
The AGI staff who joined Integraphx includes Rick Martinko, Designer and Wide Format Technician and Danny Goode, Customer Service/Product Photographer, each with more than 10 years experience; and Russ Latta, Wide Format Specialist. The additions bring Integraphx’s staff to 33 total employees.
The acquisition was the culmination of a process that began in August of 2004 when David Crook, former owner and founder of AGI, suffered a stroke, from which is still recovering. “When I decided to sell, I knew I wanted a company that would take care of my customers and my employees since I was no longer able to do so,” said Crook.
He worked with a broker, but had Integraphx as first choice from the start. In the end, “I chose Integraphx because they had a good business, they embraced new technology and trends and they would take care of my people,” said Cook, who will remain as a consultant to Integraphx for a year.
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