Ironwood Lithographers and Heritage Graphics Merge, Creating Southwest Region Printing Leader
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Consolidated Graphics, Inc. Company Offers Businesses and Consumers a Complete Menu of Printing Services and Marketing Solutions
PHOENIX, April 18, 2011 - Ironwood Lithographers and Heritage Graphics, two Consolidated Graphics, Inc. (NYSE: CGX) companies located in the Phoenix, AZ, area, have announced their merger into one graphic communications company. The two companies combine complementary graphic communications capabilities and, together, provide an even greater range of services to their clients. The combined company will operate under the Ironwood Lithographers name.
"We decided to merge the two companies together in order to enhance the value that our customers receive and enhance operating efficiencies," said Joe R. Davis, chairman and chief executive officer of Consolidated Graphics. "Both companies were profitable and thriving independently in a difficult economy, and combining the two entities will allow Consolidated Graphics to maximize our service offerings in Arizona and throughout the Southwest region of the country."
Heritage Graphics brings a successful track record and stellar reputation to the Ironwood operation, and with Ironwood's centralized location in Tempe and the backing of Consolidated Graphics, the merger will make the company a formidable competitor in the region. The entire Heritage Graphics staff will be joining the Ironwood team at the Tempe facility.
"It's exciting to see two great operations coming together. In addition to the clear strategic benefits of combining two successful companies, we have an opportunity to create substantial growth," stated Rob Nawfel, president of Ironwood Lithographers. "With Consolidated Graphics behind us, we are committed to leading the industry with the best technology, equipment, cutting edge products and services, and ultimately, value."
Nawfel will serve as the president of the newly merged companies, while John Bruxvoort, president of Heritage Graphics, will be assuming the role of president at Tewell Warren Printing, a Consolidated Graphics company based in Denver, CO.
ABOUT CONSOLIDATED GRAPHICS
Consolidated Graphics, Inc. (NYSE: CGX), headquartered in Houston, TX, is one of North America's leading general commercial printing companies. With printing businesses strategically located across 27 states, Toronto, and Prague, and a presence in Asia, CGX offers an unmatched geographic footprint, unsurpassed capabilities, and unparalleled levels of convenience, efficiency and service. With locations in or near virtually every major U.S. market, CGX provides the service and responsiveness of a local printer enhanced by the economic, geographic and technological advantages of a large national organization.
Consolidated Graphics' vast and technologically advanced sheetfed and web printing capabilities are complemented by the world's largest integrated digital footprint. By coupling North America's most comprehensive printing capabilities with strategically located fulfillment centers and industry-leading technology, CGX delivers end-to-end print production and management solutions that are based on the needs of our customers to improve their results. For more information, visit http://www.cgx.com/.
SOURCE Consolidated Graphics, Inc.
CONTACT: Jeff Torkelson, +1-541-261-0780, jtorkelson@cgx.com
Web Site: http://www.cgx.com/
