Midlothian, Texas July 17, 2018 -- Ennis, Inc. (the “Company”), announced the signing of an agreement to merge Wright Business Graphics, Inc. (“Wright”), with a wholly owned entity of Ennis in a stock merger transaction that is expected to close on or before Sept. 30, 2018, pending approvals. Wright Business Graphics is a printing company headquartered in Portland, Oregon. The majority stockholder, Jim Wright, began the company back in 1970 and built it into the large, highly diverse print communication organization that exists today. Wright has seven locations in Oregon, Washington and California, with its main facility located in Portland, Ore. The business produces forms, pressure seal, packaging, direct mail, checks, statement processing and commercial printing. Wright had approximately $58 million in sales for its fiscal year ended March 31, 2018, and sells mainly through distributors and resellers. Wright will continue in all of its current locations, and Dan Adkison will continue in his current role as president/COO of Wright Business Graphics. The purchase price will be paid 55 percent in cash and 45 percent in stock (based on the weighted average share price of the Company’s common stock for the previous 30 trading days). The Company believes the transaction will be accretive to its shareholders.