CGX Increases Ownership Stake in Japanese Company
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HOUSTON—Consolidated Graphics (CGX) announced the formation of a new joint venture with Asian printer Yamagata Corp. The investment comes as CGX experiences an increased focus on international growth to service its multinational corporation customer base.
CGX has held a strategic alliance with Yamagata since 2008, and recently deepened the relationship with a 51 percent ownership stake in the joint venture’s Gero, Japan operation. The new entity, CGX Yamagata Japan GK, offers an advanced digital printing facility 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.
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