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ACQUISITIONS
 12 Months Ended
Dec. 31, 2012
ACQUISITIONS
17. ACQUISITIONS

During 2011 and 2012, PCA acquired four corrugated products manufacturers located in Illinois, Alabama, Colorado and Pennsylvania. Information regarding the acquisitions is as follows:

 

                   Amount Allocated To  
     Date of
Acquisition		      Purchase
Price		      Goodwill      Customer
Relationships		      Other Intangible
Assets		  

(In thousands)

             Amount      Useful Life      Amount      Useful Life  

Field Packaging Group

                     

Chicago, Illinois

      4/14/2011       $ 26,942       $ 11,459       $ 9,520         10 years       $ 220         3 years   

Packaging Materials Company

                     

Huntsville, Alabama

      9/10/2011         8,602         1,490         —            —         —            —   

Colorado Container

                     

Denver, Colorado

      11/30/2011         21,796         5,782         5,800         10 years         210         3 years   

Packaging Specialists

                     

Pittsburgh, Pennsylvania

      3/16/2012         35,393         9,576         15,500         15 years         560         4 years   

Purchase price in excess of amounts allocated to goodwill and intangible assets were allocated to assets acquired and liabilities assumed. Sales and total assets of the acquisitions were not material to the Company’s overall sales and total assets prior to the acquisitions. Operating results of the acquisitions subsequent to their purchase dates are included in the Company’s operating results. The Company has allocated the purchase price to the assets acquired and liabilities assumed. Amounts allocated to goodwill are deductible for tax purposes.