Ennis Acquires Wright Business Graphics
Midlothian, Texas-based supplier Ennis, Inc. has acquired Wright Business Graphics, a printing company headquartered in Portland, Oregon. The stock-merger transaction is expected to close on or before September 30.
Wright Business Graphics was founded by majority stockholder Jim Wright in 1970. Today it has seven locations in Oregon, Washington and California. The business produces forms, pressure seal, packaging, direct mail, checks, statement processing and commercial printing. Wright had approximately $58 million in sales for its fiscal year ended March 31 and sells mainly through distributors and resellers. Dan Adkison will continue in his current role as president/COO of Wright Business Graphics.
Keith Walters, Ennis chairman, president and CEO, says, “We are delighted to have the opportunity to combine the Wright organization with the other operations of Ennis. Jim Wright has built an excellent company over the past four decades and we are delighted that he chose to merge his company into the Ennis organization. We were very impressed with the type, caliber and condition of the equipment at these facilities, some of which had been recently rebuilt in Portland due to a roof collapse.
“With this acquisition we will continue to be the preeminent provider of all types of printed products and services to the West Coast,” Walters says. “The addition of packaging, statement processing and direct mail will add to the overall capabilities of our existing operations, which should help us to continue to penetrate additional markets throughout the United States.”
The operations will continue to operate as Wright Business Graphics and related brand names. All facilities will continue their normal operations in their current locations.