Consolidated Graphics Inc. (CGX: Quote) formed a new joint venture with Asian printer YAMAGATA Corp. As a result of both the companies' combined investments, the new entity, CGX YAMAGATA Japan GK, offers one of the most advanced digital printing facilities in Asia. The Gero facility is integrated with Consolidated Graphics' digital production infrastructure, and broadens the services YAMAGATA and CGX provide to the clientele the business serves.
CGX YAMAGATA Japan, coupled with manufacturing and technology solutions, would act as a commerce portal to Asia for Consolidated Graphics' U.S.-based customers. The company said that the investment comes as it experiences an increased focus on international growth to service its multinational corporation customer base.
Consolidated Graphics has held a strategic alliance with YAMAGATA since 2008, and recently deepened the relationship with its 51 percent ownership stake in the joint venture's Gero, Japan operation.
by RTT Staff Writer
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