CONSOLIDATED GRAPHICS INC /TX/
8-K, 1998-09-28
COMMERCIAL PRINTING
Previous: ZYMETX INC, 10KSB, 1998-09-28
Next: INTERIORS INC, NT 10-K, 1998-09-28


================================================================================
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                            ------------------------

                                    FORM 8-K
                                 CURRENT REPORT
     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

      DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): SEPTEMBER 22, 1998

                           CONSOLIDATED GRAPHICS, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

         TEXAS                         0-24068               76-0190827
(STATE OR OTHER JURISDICTION   (COMMISSION FILE NUMBER)   (I.R.S. EMPLOYER
      OF INCORPORATION)                                   IDENTIFICATION NO.)

                           5858 WESTHEIMER, SUITE 200
                              HOUSTON, TEXAS 77057
              (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES AND ZIP CODE)
       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (713) 787-0977

================================================================================
<PAGE>
ITEM 5.  OTHER EVENTS     

      On September 22, 1998, Consolidated Graphics, Inc. (the "Company")
announced the signing of a non-binding letter of intent to acquire The Graphics
Group of Dallas, Texas. A copy of the press release is attached hereto as
Exhibit 99.1. 

       On September 22, 1998, Consolidated Graphics, Inc. (the "Company")
announced the completion of the acquisition of Printing Corporation of America
located in Baltimore, Maryland. A copy of the press release is attached hereto
as Exhibit 99.2. 

       The attached press releases may contain forward-looking information.
Readers are cautioned that such information involves risks and uncertainties,
including the possibility that events may occur which preclude completion of
pending or future acquisitions by the Company.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

     (A)  EXHIBITS

     The following exhibits are filed herewith:


     99.1 Press release of Consolidated Graphics, Inc. dated September 22, 1998,
          related to the signing of a non-binding letter of intent to acquire
          The Graphics Group of Dallas, Texas.

     99.2 Press release of Consolidated Graphics, Inc. dated September 22, 1998,
          related to the announcement of the acquisition of Printing Corporation
          of America located in Baltimore, Maryland.



                                       1
<PAGE>
                                    SIGNATURE

     PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE
REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE
UNDERSIGNED HEREUNTO DULY AUTHORIZED.


                                          CONSOLIDATED GRAPHICS, INC.
                                                 (Registrant)

                                          By: /s/ RANDALL D. KEYS
                                                  Randall D. Keys    
                                                  Vice President-Finance and
                                                  Chief Financial Officer


Date:  September 28, 1998

                                       2

                                                                    EXHIBIT 99.1

                                         FOR:   Consolidated Graphics, Inc.

                                 APPROVED BY:   Ronald E. Hale, Jr.
                                                Vice President & Treasurer
                                                (713) 787-0977

                                     CONTACT:   Betsy Brod/Jonathan Schaffer
                                                Media: Eileen King
                                                Morgen-Walke Associates, Inc.
                                                (212) 850-5600

FOR IMMEDIATE RELEASE

                     CONSOLIDATED GRAPHICS TO ACQUIRE
                   THE GRAPHICS GROUP OF DALLAS, TEXAS

     HOUSTON, TEXAS - September 22, 1998 - Consolidated Graphics, Inc.
(NYSE:CGX) today announced the signing of a letter of intent to acquire The
Graphics Group of Dallas, Texas. Founded in 1946, the Graphics Group is a
leading graphic arts service provider in the Southwest, serving corporations,
leading advertising and design firms, and marketing and communication
professionals. Jan Brans, President of The Graphics Group, will continue with
the company upon completion of the transaction. Representing the seller in the
transaction was Bill Crowley of Hardie & Crowley, LLC located in Austin, Texas.
Other terms were not disclosed.

     Mr. Brans said, "Access to the latest equipment and technology has become
more important as companies compete to provide a full range of graphic arts
services to their customers. With Consolidated Graphics, we will be better able
to stay ahead of new printing industry technology as it is developed. This will
benefit our customers, our employees and our prospects for future growth."

     Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics
commented, "The Graphics Group has been operating successfully for over a half-
century in the eighth largest print market in the nation. This transaction adds
another strong company to our group while expanding our presence in this
important market."

     Consolidated Graphics is the fastest growing printing company in the United
States. A consolidator in a highly fragmented industry, the Company adds value
to its acquisitions through managerial and operational expertise, financial
strength and economies of scale. Upon completion of pending acquisitions,
Consolidated Graphics will have 48 companies nationwide with annualized revenues
in excess of $560 million.

     This press release contains forward-looking statements, which involve known
and unknown risks, uncertainties or other factors that could cause actual
results to materially differ from the results, performance, or other
expectations implied by these forward-looking statements. Consolidated Graphics
expectations regarding run-rate revenues assume, among other things, completion
of pending acquisitions, general economic conditions, continued demand for its
product, the availability of raw materials, retention of its key management and
operating personnel, as well as other factors detailed in Consolidated Graphics
filings with the Securities and Exchange Commission.

                                 #     #

                                                                    EXHIBIT 99.2

                                         FOR:   Consolidated Graphics, Inc.

                                 APPROVED BY:   Ronald E. Hale, Jr.
                                                Vice President & Treasurer
                                                (713) 787-0977

                                     CONTACT:   Betsy Brod/Jonathan Schaffer
                                                Media: Eileen King
                                                Morgen-Walke Associates, Inc.
                                                (212) 850-5600

FOR IMMEDIATE RELEASE

                  CONSOLIDATED GRAPHICS COMPLETES ACQUISITION OF
              PRINTING CORPORATION OF AMERICA OF BALTIMORE MARYLAND


     HOUSTON, TEXAS - September 22, 1998 -- Consolidated Graphics, Inc.
(NYSE:CGX) today announced that it has completed the acquisition of Printing
Corporation of America located in Baltimore, Maryland. PCA is the first
acquisition completed from a four-company announcement on July 31, 1998. Other
terms of the transaction were not disclosed.

     PCA, founded 27 years ago, provides high-quality color commercial printing
to the Baltimore-Washington, D.C. market, the sixth largest printing market in
the nation. The Company's management team of Richard Jones, President, John
Gowland, Chief Operating Officer and U. A. Yates, Chief Financial Officer will
remain with the company upon completion of the transaction.

     Mr. Jones commented, "We believe Consolidated Graphics is the best fit for
us. PCA is a well-managed and well-equipped printing company committed to
serving customers. As part of Consolidated Graphics, we can put the benefits of
national scale to work, maximizing service and productivity while minimizing
costs. And we do this without giving up our identity or dismantling a management
team and employee group that wants to participate in our future success."

     Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics
said, "With PCA we add another market leading company and expand our presence in
the Mid-Atlantic, specifically the Baltimore-Washington, D.C. area. We continue
to benefit from our strong reputation in the industry as outstanding companies
like PCA elect to join our organization. We look forward to supporting Richard
Jones, John Gowland, U.A. Yates and their highly skilled employees as they grow
their operation and continue their success."

                                     -more-

     Consolidated Graphics, Inc. is the fastest growing printing company in the
United States. A consolidator in a highly fragmented industry, the Company adds
value to its acquisitions through managerial and operational expertise,
financial strength and economies of scale. Upon completion of pending
acquisitions, Consolidated Graphics will have 48 companies with annualized
revenues in excess of $560 million.


     This press release contains forward-looking statements, which involve known
and unknown risks, uncertainties or other factors that could cause actual
results to materially differ from the results, performance, or other
expectations implied by these forward-looking statements. Consolidated Graphics
expectations regarding run-rate revenues assume, among other things, completion
of pending acquisitions, general economic conditions, continued demand for its
product, the availability of raw materials, retention of its key management and
operating personnel, as well as other factors detailed in Consolidated Graphics
filings with the Securities and Exchange Commission.

                                 #     #     #


Top Judgements:
Saskatoon Co-operative Association Limited v United Food and Commercial Workers | Aug 15, 2022
Old Lakeshore Inc. v City of Burlington | Sep 2, 2022
Tietz v. Affinor Growers Inc. | Sep 13, 2022
Efficiencyone (E1) | Sep 6, 2022
President's Choice Bank v. The Queen | Jul 19, 2022
First Global Data Ltd | Sep 15, 2022
Rayonier v Unifor, Locals 256 and 89 | Aug 11, 2022
Alberta Workers’ Compensation Appeals Commission | Decision No. 2021-0334 | Jul 14, 2022
Metrowest Developments Ltd v Flynn Canada Ltd | Sep 14, 2022
R. v. Cameron | Jul 15, 2022
Functional Servicing and Stormwater Management | Jul 28, 2022
101034761 Saskatchewan Ltd. v Mossing | Aug 24, 2022
Waste Control Services Inc. v International Union of Operating Engineers, Local No. 115 | Aug 12, 2022
RJM56 Holdings Inc. c. Bazinet | Aug 17, 2022
Sherwood v The Owners, Strata Plan VIS 1549 | Aug 9, 2022
WCAT Decision A2001487 | Aug 8, 2022
City of Hamilton v Ontario Water Employees’ Association | Sep 12, 2022
Century Services Corp. v. LeRoy | Jul 8, 2022
United Food and Commercial Workers, Local 175 v Metro Ontario Inc. | Jul 4, 2022
Langmaid’s Island Corporation v Lake of Bays | Sep 12, 2022
WCAT Decision A2102416 | Jul 22, 2022
Inquiry about McAbee Fossil beds | Jul 14, 2022
1088558 Ontario Inc. v. Musial | Sep 16, 2022
Biogen Canada Inc. v. Pharmascience Inc. | Aug 8, 2022
CIC Management Services Inc. v City of Toronto | Jul 21, 2022
Bonterra Energy Corp v Rosells’ Enterprises Ltd | Aug 31, 2022
WCAT Decision A2100606 | Aug 17, 2022
Leffler v Aaron Behiel Legal Professional Corporation | Jun 30, 2022
Espartel Investments v. MTCC No. 993 | Aug 19, 2022
Onespace Unlimited Inc. v. Plus Development Group Corp. | Sep 19, 2022
Professional Institute of the Public Service of Canada v. Canada Revenue Agency | Jun 23, 2022
Community Savings Credit Union v. Bodnar | Jul 29, 2022
Galperti SRL v F.I.A.L. Finanziaria Industrie Alto Lario S.P.A | Jun 30, 2022
WCAT Decision A2102352 | Jul 6, 2022
WCAT Decision A2102306 | Jul 25, 2022
Thrive Capital Management Ltd. v. Noble 1324 Queen Inc. | Jul 12, 2022
Questor Technology Inc v Stagg | Sep 8, 2022
MediPharm v. Hexo and Hwang | Jul 25, 2022
Immunization rates & vaccine hesitancy | Aug 17, 2022
Morabito v. British Columbia Securities Commission | Aug 12, 2022
Killeleagh v Mountain View County (Development Authority) | Aug 24, 2022
Quality Control Council v Stanley Inspection Canada Ltd. | Sep 9, 2022
British Columbia Investment Management Corporation | Aug 17, 2022
Abbeylawn Manor Living Inc. v Sevice Employees International Union, Local 1 Canada | Jul 5, 2022
Windrift Adventures Inc. et al. v. Chief Animal Welfare Inspector | Aug 18, 2022
Irani and Khan v. Registrar, Motor Vehicle Dealers Act | Jul 14, 2022
CP REIT Ontario Properties Limited v City of Toronto | Aug 12, 2022
Potash Corporation of Saskatchewan Inc. v. The Queen | Jul 7, 2022
Wong v. Pretium Resources Inc. | Jul 22, 2022
Labourers' International Union of North America, Local 183, Union v Mulmer Services Ltd. | Aug 5, 2022
City of Mississauga v. Hung | Sep 22, 2022
Secretary of the Ministry of Health v The New South Wales Nurses and Midwives' Association (28 September 2022)
Orewa Community Church v Minister for Covid-19 Response (16 August 2022)
Yeshiva College Bondi Limited v NSW Education Standards Authority (15 August 2022)
Moreland Planning Scheme Amendment C208more | Heritage Nominations Study | Panel Report | 15 July 2022
New Zealand Tegel Growers Association Incorporated | 2 August 2022
Farrow-Smith and Comcare (Compensation) | 26 September 2022
Evolution Fleet Services Pty Ltd v Allroads Plant Pty Ltd | 14 September 2022
656621 B.C. Ltd. v David Moerman Painting Ltd. | Sep 27, 2022
Fraser Valley Packers Inc. v Raiwal Holdings Ltd | Sep 26, 2022
Parmar v Tribe Management Inc. | Sep 26, 2022
DES Studio inc. c. Shuchat | Sep 26, 2022
Van-Kam Freightways Ltd. v Teamsters Local Union No. 31 | Sep 28, 2022
Rogers Communication Inc. v British Columbia | Sep 28, 2022
Alderbridge Way GP Ltd. | Sep 28, 2022

© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission