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PRESS
RELEASE
Graphic
Services LLC expands their service capabilities by acquiring Quebecor
World Universal Press.
September 6 , 2005 – Rockland, MA - Graphic Services
LLC has acquired the manufacturing assets of Quebecor World Universal
Press’s Westwood, MA facility, located at 75 University Ave.
As part of this acquisition, Graphic Services has offered employment
to all of Quebecor’s existing employees. Graphic Services plans
to maintain and operate the Westwood facility in an effort to better
augment and service their existing customer base, as well as expand
their market share within various vertical markets.
“This acquisition is an integral part of our strategy to expand
our manufacturing capabilities to better serve the needs to our specific
target market sectors,” states William J. Fitzgerald, Graphic
Services President and CEO. “We have identified those market segments
that are the most attractive for future growth and are dedicated to
pursuing their potential.”
This new facility will allow Graphic Services to expand their sheet
fed and web printing capabilities, in addition to expanding their bindery
and pre-press services.
“By acquiring this facility and the talent of its workforce, we
will be able to expand our capabilities to meet the changing needs of
our existing, as well as prospective customer base,” states Fitzgerald.
“We pride ourselves on establishing long-term customer relationships
by offering customized solutions that enable our customers to achieve
their growth objectives.”
This acquisition solidifies Graphic Services position as being one of
the largest privately-held print and distribution companies in the Northeast.
They currently serve three distinct market segments: Publishing, Commercial
and Financial Services.
About
Graphic Services:
Graphic Services is the largest privately held printing company in New
England with annual sales of over $30 million. With this new acquisition,
they are expected to increase their sales volume to an estimated $45
million by the end of 2006.
Graphic Services is a 15 year old company consisting of two facilities
totaling close to 200,000 sq. ft. of space. Their primary facility is
located in Rockland, which houses all of their printing equipment and
a majority of their staff, while their fulfillment facility is located
nearby in Hanover. Their management team has decades of experience within
the printing industry and has fostered a corporate philosophy that dictates
meeting the needs of their customers through cost effective innovative
solutions.
A new brand roll-out initiative is currently being planned for this
new entity and will begin sometime this Fall. Additional information
will be forthcoming.
END
About Universal Graphix:
Universal Graphix, formerly Graphic Services, has been in the printing
business for over two decades. They initially focused on serving the
educational market, however over the years have expanded their capabilities
and focus to servicing more and more clients from commercial and financial
markets.
The company has a wide variety of equipment with the largest fleet of
presses in Massachusetts. They also pride themselves with a technologically
advanced pre-press department and a bindery that includes 6 saddle stitchers,
perfect and spiral binding, 12 folders and 5 cutting lines.
They are a privately held company with operating facilities located
in Massachusetts. They have printing facilities in Rockland and Somerville
and a fulfillment and distribution center located in Hanover.
Universal Graphix is dedicated to offering information process, management,
and delivery solutions to their client base, which includes some of
the largest companies in their respective marketplaces. They utilize
the most sophisticated printing, bindery and fulfillment equipment and
processes to ensure effective delivery of information. They are leaders
within the print management industry and have set standards by which
quality and innovativeness are measured.
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Contact:
Carmen Nappa
Marketing Communications Manager
781-871-7744 (x350)
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