EXHIBIT 21.01

SUBSIDIARIES* OF CARAUSTAR INDUSTRIES, INC.



|                                                        |  |                        |  |                   
|------------------------------------------------------- |  | ---------------------- |  | ------------------
|NAME                                                    |  | STATE OF INCORPORATION |  | TRADE, D/B/A Names
|1. Austell Holding Company, LLC                         |  | Georgia                |  |                   
|2. Camden Paperboard Corporation                        |  | New Jersey             |  |                   
|3. Caraustar, G.P. (a general partnership)              |  | South Carolina         |  |                   
|4. Caraustar Custom Packaging Group, Inc.               |  | Delaware               |  |                   
|5. Caraustar Custom Packaging Group (Maryland), Inc.    |  | Maryland               |  |                   
|6. Caraustar Canada, Inc.                               |  | Canada                 |  |                   
|7. Caraustar Industrial Canada, Inc.                    |  | Canada                 |  |                   
|8. Caraustar Industrial & Consumer Products Group, Inc. |  | Delaware               |  |                   
|9. Caraustar Industrial & Consumer Products Group, Ltd. |  | Leyland, Lancaster,    |  |                   
|                                                        |  | United Kingdom         |  |                   
|10. Caraustar Mill Group, Inc.                          |  | Ohio                   |  |                   
|11. Caraustar Recovered Fiber Group, Inc.               |  | Delaware               |  |                   
|12. Chicago Paperboard Corporation                      |  | Illinois               |  |                   
|13. Caraustar Design Tubes, Inc.                        |  | Canada                 |  |                   
|14. Federal Transport, Inc.                             |  | Ohio                   |  |                   
|15. Gypsum MGC, Inc.                                    |  | Delaware               |  |                   
|16. Halifax Paper Board Company, Inc.                   |  | North Carolina         |  |                   
|17. McQueeny Gypsum Corporation                         |  | Delaware               |  |                   
|18. McQueeny Gypsum Company, LLC                        |  | Delaware               |  |                   
|19. Paragon Plastics, Inc. (80% owned)                  |  | South Carolina         |  |                   
|20. PBL Inc.                                            |  | Delaware               |  | **                
|21. RECCMG, LLC.                                        |  | Georgia                |  |                   
|22. Sprague Paperboard, Inc.                            |  | Connecticut            |  |                   



|* | Each subsidiary is wholly-owned (directly or, indirectly) by Caraustar Industries, Inc. unless otherwise indicated.
|- | -------------------------------------------------------------------------------------------------------------------

|** | Does business in Indiana as PBL Indiana Inc.
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