CONSOLIDATED GRAPHICS INC /TX/
8-K, 1998-08-26
COMMERCIAL PRINTING
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                       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): AUGUST 19, 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
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ITEM 5.  OTHER EVENTS     

     On August 19, 1998, Consolidated Graphics, Inc. (the "Company") announced
the completion of the acquisition of Lincoln Printing Corporation of Fort Wayne,
Indiana. A copy of the press release is attached hereto as Exhibit 99.1.
     
     On August 26, 1998, Consolidated Graphics, Inc. (the "Company") announced
the completion of the acquisition of Ironwood Lithographers, Inc. of Phoenix,
Arizona. 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 August 19, 1998,
          related to the announcement of the acquisition of Lincoln Printing
          Corporation of Fort Wayne, Indiana.

     99.2 Press release of Consolidated Graphics, Inc. dated August 26, 1998,
          related to the announcement of the acquisition of Ironwood
          Lithographers, Inc. of Phoenix, Arizona.

<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:  August 26, 1998


                                                                   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 COMPLETES ACQUISITION
                   OF LINCOLN PRINTING OF FORT WAYNE, INDIANA

     HOUSTON, TEXAS - August 19, 1998 -- Consolidated Graphics, Inc. (NYSE:CGX)
today announced the completion of its acquisition of Lincoln Printing
Corporation. Terms of the transaction were not disclosed.

     Lincoln Printing, a high-quality commercial printer, has served Fort Wayne,
Indiana and its surrounding communities for the past 39 years. This acquisition,
coupled with the recently announced letter of intent to purchase Metropolitan
Printing in Bloomington, establishes Consolidated Graphics' presence in Indiana.

     Joe R. Davis, Chairman and Chief Executive Officer of Consolidated
Graphics, commented, "Lincoln Printing is a good example of the caliber of
companies we acquire. Well managed under the leadership of Randy Roberts and the
technical expertise of Ralph Hilker, Lincoln Printing is a company dedicated to
providing its customers superior products and service."

     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 47 companies nationwide with annualized revenues
in excess of $555 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 IRONWOOD LITHOGRAPHERS OF PHOENIX, ARIZONA

     HOUSTON, TEXAS - August 26, 1998 -- Consolidated Graphics, Inc. (NYSE:CGX)
today announced the completion of its acquisition of Ironwood Lithographers,
Inc. Terms of the transaction were not disclosed.

     Ironwood has grown to become one of the largest sheet-fed printers in
Arizona by providing a full line of printing services, including electronic
pre-press, high quality six-color lithography, and product packaging and
fulfillment, for many of the regions leading companies. Led by Daryl VanderHaar,
President, Ironwood expands Consolidated Graphics presence in the greater
Phoenix market.

     Joe R. Davis, Chairman and Chief Executive Officer of Consolidated
Graphics, commented, "The success of Consolidated Graphics is tied directly to
the strength of the companies we acquire. Ironwood is another well-managed,
leader that now has access to our superior resources. Consolidated Graphics is
committed to supporting their plans for future growth and expanded service to
customers."

     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 47 companies nationwide with annualized revenues
in excess of $555 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.

                                 #     #     #




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