Nationwide Acquires PAA Companies

Ironically, it was Consolidated Graphics and Nationwide Graphics that acquired some of the remaining PAA printing companies. PAA and Master Graphics made headlines, along with the aforementioned Consolidated and Nationwide, to help spark the consolidation movement of the late 1990s.

Master Graphics, now known as Premier Print Holdings, filed and emerged from Chapter 11 bankruptcy. Carl Norton, chairman and CEO of Nationwide Graphics, and Jerry Hyde, vice chairman and senior vice president, were contracted to manage Premier Print Holdings—Norton as CEO, Hyde as president.