Classic Graphics Obtains Harperprints Inc. Assets

"Classic has enjoyed tremendous organic growth during our 28-year history," noted Pitts. "Combining operations with a prominent, industry-leading company like Harperprints will help us sustain, and hopefully extend, our growth ambitions."

While Pitts did not reveal financial terms of the transaction, Classic's sales for 2011 were approximately $50 million, and sales for 2012 are expected to be in the $55-$60 million range. The Triangle Business Journal reported that 22 of Harperprints' 40 employees were joining Classic's Morrisville, NC, facility. Pitts told the newspaper he hopes to bring aboard more Harperprints employees in the future.