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PKG > SEC Filings for PKG > Form 8-K on 26-Mar-2014All Recent SEC Filings

Show all filings for PACKAGING CORP OF AMERICA



Costs Associated with Exit or Disposal Activities, Regulation FD Disclo

Item 2.05 Costs Associated with Exit or Disposal Activities

On March 26, 2014, Packaging Corporation of America approved and announced a plan for the conversion of the Number 3 newsprint paper machine at its DeRidder, Louisiana mill to produce lightweight linerboard and corrugating medium. The conversion will result in the shutdown of certain newsprint-related assets at the mill in mid-September 2014. PCA estimates that these activities will result in total non-cash charges of approximately $30 million, primarily relating to accelerated depreciation and asset write-offs.

Item 7.01 Other Regulation FD Disclosure

PCA's press release announcing the actions described in Item 2.05 is filed herewith as Exhibit 99.1 and incorporated by reference into this Item 7.01.

Item 9.01. Financial Statements and Exhibits.

(A) Exhibits

99.1 Press Release issued on March 26, 2014

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