Transcontinental Acquires Certain Assets of Dallas-Fort Worth Liberty Graphics
Press release from the issuing company
DALLAS-FORT WORTH, TEXAS--Apr 1, 2004--Transcontinental Inc., through Transcontinental CC3, one of the fastest-growing integrated direct marketing services providers and printers in the United States, today announced that it has acquired certain assets of Liberty Graphics, a local commercial printer and direct marketing services provider based in Dallas-Fort Worth with annualized revenues of more than US$9 million. In conjunction with the transaction, Transcontinental will hire from Liberty Graphics more than 40 employees with extensive printing and lettershop experience.
Direct mail and fulfillment equipment acquired through the transaction, in addition to other recent equipment additions, expands capacity at Transcontinental CC3's existing 95,000-square-foot facility in Texas, making it one of the largest direct marketing services providers and printers in the Southwestern United States, capable of producing more than 500 million litho printed forms and laser personalized letters per year.
"Boosting capacity in our Dallas-Fort Worth facility strongly supports Transcontinental CC3's overarching strategy to continue its expansion and offer a nationwide model for integrated direct marketing and printing capabilities. It also provides marketers in the region with strong service levels, fast turn-around times and the attention of a nearby direct marketing and printing partner," said Don McKenzie, president of Transcontinental CC3. "This expansion is a direct result of listening closely to all our clients, from local to national, and developing solutions that address their current and emerging needs."
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