Montezuma, IA

CHARLOTTE, NC—The former Master Graphics has new leadership, and now Premier Print Holdings is under the direction of two men who have become known in the consolidation game. Carl Norton has taken the helm as CEO at Premier Print Holdings as Calvin W. Aurand Jr. has left the company to pursue other interests. Jerry Hyde has been named president of the company. Norton and Hyde are the braintrust behind Nationwide Graphics which, like Premier Print Holdings, grew through acquisitions. Norton, Nationwide's chairman and CEO, and Hyde, vice chairman and senior vice president, have been contracted to pump new life into a company that emerged

MEMPHIS, TN—What's in a name? One company hopes it's a new lease on life. Master Graphics, fresh from exiting Chapter 11 bankruptcy, has added a new moniker for the 10-division conglomerate: Premier Print Holdings. According to Calvin W. Aurand Jr., chairman and CEO of the company, the new name underscores the importance of the operating divisions in the communities they serve. "The real strength of our company comes from the ability of our managers and employees to secure and serve customers in their local markets better than anyone else around," Aurand states. "Many of our operators have been doing that for a long, long time. Some

CORDOVA, TN—Master Graphics has announced the principal terms of a comprehensive business plan for the restructuring of its operating subsidiary, Premier Graphics. Under the new business plan, Premier Graphics' operations will be restructured around a core group of 11 of its divisions. Proceeds from the sale or other disposition of the company's remaining, non-core divisions will be used to reduce Master Graphics' secured indebtedness and for working capital purposes. "This business plan forms the basis of our Chapter 11 plan of reorganization, which will be filed and announced by year end (2000) as planned," notes Michael Bemis, Master Graphics chairman and CEO. "The reorganized Master Graphics

More Blogs