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08/01/2008
Anderson Printing Purchase HP Indigio 5500 Digita
HP today announced that it has signed a multimillion dollar agreement with Consolidated Graphics Inc. (NYSE: CGX), one of the largest North American general commercial printing companies, for the installation of as many as 36 HP Indigo digital presses – including multiple HP Indigo 7000 Digital Presses – at facilities in the United States and the Czech Republic this year.
With annual revenues of $1.2 billion, Consolidated Graphics has 70 printing businesses in the United States and Canada, as well as a facility in the Czech Republic. The purchase of the HP Indigo presses with HP SmartStream Ultra Print Servers extends its presence among major general commercial printing providers as a leader in the use of digital printing technology.
In terms of value, the HP Indigo technology purchase represents a significant portion of the capital expenditures Consolidated Graphics has planned for its digital printing operations this year. Last year, the company spent approximately $25 million on digital presses and related technology. Press installations are scheduled to begin in June, starting with the company’s Prague, Czech Republic, and Medford, Ore., facilities.
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