KapStone Paper and Packaging Corporation (KapStone) is an integrated manufacture and sale of unbleached kraft paper and corrugated products for industrial and consumer markets. During the year ended December 31, 2011, it produced 1,349,000 tons of unbleached kraft paper, of which approximately 65% was sold to third party converters or shipped to its corrugating products manufacturing plants based in the United States and 35% was sold to foreign based customers. The Company�s corrugated products manufacturing plants produce a wide variety of corrugated products, including conventional shipping containers used to protect and transport manufactured goods and multi-color boxes and displays. The Company operates three paper mills in the southeastern United States. While under KapStone ownership in 2011, U.S. Corrugated Acquisition Inc. (USC) produced and sold about one billion square feet of corrugated products in the United States. On October 31, 2011, the Company acquired USC.