17.

Acquisition

On April 14, 2011, the Company acquired Field Packaging Group, a corrugated products manufacturer located in Chicago, Illinois, for $26.9 million. Sales and total assets of the acquisition were not material to the Company's overall sales and total assets prior to the acquisition. Operating results of the acquisition subsequent to April 14, 2011 are included in the Company's 2011 operating results. The Company has preliminarily allocated the purchase price to the assets acquired and liabilities assumed, of which $14.7 million has been allocated to goodwill, $6.3 million to customer lists (amortized over a life of ten years) and $0.2 million to other intangibles assets (amortized over a life of three years). The Company plans on finalizing the purchase price allocation prior to the end of the third quarter of 2011.