8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): January 31, 2007

Consolidated Graphics, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Texas	001-12631	76-0190827
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
5858 Westheimer, Suite 200, Houston, Texas		77057
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 713-787-0977

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On January 31, 2007, Consolidated Graphics, Inc. (the "Company") borrowed $36.0 million under its existing Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and Well Fargo Bank, as syndication agent, dated October 6, 2006, as amended, to complete the acquisition of The Hennegan Company, to purchase equipment for an existing printing business and for general corporate purposes.

Item 8.01 Other Events.

On February 6, 2007, the Company announced that it has completed the acquisition of The Hennegan Company, located near Cincinnati, Ohio. A copy of the press release is attached hereto as Exhibit 99.1.

The attached press release may contain forward-looking information. Readers are cautioned that such information involves known and unknown risks and uncertainties, including the possibility that events may occur which preclude completion of pending or future acquisitions by the Company.

Item 9.01 Financial Statements and Exhibits.

(C) EXHIBITS

The following exhibit is filed herewith:

99.1 Press release dated February 6, 2007, announcing completion of the acquisition of The Hennegan Company, located near Cincinnati, Ohio.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Consolidated Graphics, Inc.
February 6, 2007	By:	G. Christopher Colville
		Name: G. Christopher Colville
		Title: Executive Vice President, Chief Financial Officer and Accounting Officer and Secretary

Exhibit Index

Exhibit No.	Description
99.1	Press release of the Company dated February 6, 2007, announcing completion of the acquisition of The Hennegan Company, located near Cincinnati, Ohio.

EX-99.1

FOR:	Consolidated Graphics, Inc.
CONTACT:	G. Christopher Colville
	Executive Vice President/
	Chief Financial Officer
	Consolidated Graphics, Inc.
	(713) 787-0977
FOR IMMEDIATE RELEASE
	Christine Mohrmann/Eric Boyriven
	Financial Dynamics
	(212) 850-5600

CONSOLIDATED GRAPHICS COMPLETES
ACQUISITION OF THE HENNEGAN COMPANY

HOUSTON, TEXAS – February 6, 2007 – Consolidated Graphics, Inc. (NYSE: CGX) announced today that it has completed the previously announced acquisition of The Hennegan Company, located near Cincinnati, Ohio. Founded in 1886, The Hennegan Company is a leading provider of ultra-fine printing for many household name companies throughout the United States. Terms of the transaction were not disclosed.

Commenting on the announcement, Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics, Inc., stated, “We are extremely pleased to complete our acquisition of The Hennegan Company, a world class company with an outstanding reputation for quality and customer service. I look forward to working with the outstanding third and fourth generation management team at Hennegan to leverage its sterling national reputation for continued growth and success.”

Also commenting on the announcement, Bob Ott, Jr., President of The Hennegan Company, said, “Consolidated Graphics’ acquisition model is uniquely successful within our industry. My father, brother and I are very much looking forward to continuing to lead our company utilizing Consolidated Graphics’ geographic footprint, financial resources and leading edge technology to better serve our customers.”

Consolidated Graphics (CGX), headquartered in Houston, Texas, is North America’s leading general commercial printing company. With 68 printing facilities, 12 fulfillment and two technology centers strategically located across 27 states and Canada, CGX offers an unmatched geographic footprint with extensive capabilities supported by an unparalleled level of convenience, efficiency and service.

CGX has the largest and most technologically advanced sheetfed printing capability in North America, a sizeable and strategically important web printing capability, industry-leading digital printing services, a rapidly growing number of fulfillment centers and proprietary Internet-based technology solutions. CGX offers the unique service ability to respond to all printing-related needs no matter how large, small, specialized or complex. With locations in or near virtually every major U.S. market, as well as Toronto, CGX offers highly responsive service and convenient access to a vast capabilities network through a single point of contact at the local level. For more information, visit the Consolidated Graphics Web site at www.cgx.com.

This press release contains forward-looking statements, which involve known and unknown risks, uncertainties or other factors that could cause actual results to materially differ from the results, performance or other expectations implied by these forward-looking statements. Consolidated Graphics’ expectations regarding future sales and profitability assume, among other things, stability in the economy and reasonable growth in the demand for its products, the continued availability of raw materials at affordable prices, retention of its key management and operating personnel, as well as other factors detailed in Consolidated Graphics’ filings with the Securities and Exchange Commission. The forward-looking statements, assumptions and factors stated or referred to in this press release are based on information available to Consolidated Graphics today. Consolidated Graphics expressly disclaims any duty to provide updates to these forward-looking statements, assumptions and other factors after the day of this release to reflect the occurrence of events or circumstances or changes in expectations.

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