EXHIBIT 12.01



CARAUSTAR INDUSTRIES, INC.



COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(IN THOUSANDS)



|                                                                                                                                                                  |  |      |        |   |      |   |         |      |  |   |         |     |  |      |         |     |  |   |        |    
|----------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ---- | ------ | - | ---- | - | ------- | ---- |  | - | ------- | --- |  | ---- | ------- | --- |  | - | ------ | ---
|                                                                                                                                                                  |  | 2000 |        |   | 2001 |   |         | 2002 |  |   | 2003    |     |  | 2004 |        
|EARNINGS:                                                                                                                                                         |  |      |        |   |      |   |         |      |  |   |         |     |  |      |         |     |  |   |        |    
|Income from continuing operations before income taxes, minority interest, reversal of loss on discontinued operations and cumulative effect of
accounting changes |  | $    | 13,829 |   |      | $ | (22,295 | )    |  | $ | (27,778 | )   |  | $    | (42,330 | )   |  | $ | (5,329 | )  
|Fixed charges                                                                                                                                                     |  |      | 41,776 |   |      |   | 49,997  |      |  |   | 47,245  |     |  |      | 54,288  |     |  |   | 51,912 |    
|Less capitalized interest expense                                                                                                                                 |  |      | (852   | ) |      |   | 0       |      |  |   | 0       |     |  |      | 0       |     |  |   | 0      |    
|                                                                                                                                                                  |  |      |        |   |      |   |         |      |  |   |         |     |  |      |         |     |  |   |        |    
|Earnings                                                                                                                                                          |  | $    | 54,753 |   |      | $ | 27,702  |      |  | $ | 19,467  |     |  | $    | 11,958  |     |  | $ | 46,583 |    
|                                                                                                                                                                  |  |      |        |   |      |   |         |      |  |   |         |     |  |      |         |     |  |   |        |    
|FIXED CHARGES:                                                                                                                                                    |  |      |        |   |      |   |         |      |  |   |         |     |  |      |         |     |  |   |        |    
|Interest expense                                                                                                                                                  |  | $    | 35,730 |   |      | $ | 43,492  |      |  | $ | 39,938  |     |  | $    | 47,227  |     |  | $ | 46,214 |    
|Amortization of debt issuance costs (premiums)                                                                                                                    |  |      | 737    |   |      |   | 1,566   |      |  |   | 1,534   |     |  |      | (214    | )   |  |   | (876   | )  
|Estimate of the interest cost within rental expense                                                                                                               |  |      | 4,457  |   |      |   | 4,939   |      |  |   | 5,773   |     |  |      | 7,275   |     |  |   | 6,574  |    
|Capitalized interest expense                                                                                                                                      |  |      | 852    |   |      |   | 0       |      |  |   | 0       |     |  |      | 0       |     |  |   | 0      |    
|                                                                                                                                                                  |  |      |        |   |      |   |         |      |  |   |         |     |  |      |         |     |  |   |        |    
|Fixed charges                                                                                                                                                     |  | $    | 41,776 |   |      | $ | 49,997  |      |  | $ | 47,245  |     |  | $    | 54,288  |     |  | $ | 51,912 |    
|                                                                                                                                                                  |  |      |        |   |      |   |         |      |  |   |         |     |  |      |         |     |  |   |        |    
|Ratio of earnings to fixed charges                                                                                                                                |  |      | 1.31   |   |      |   | 0.55    | (1)  |  |   | 0.41    | (1) |  |      | 0.22    | (1) |  |   | 0.90   | (1)
|                                                                                                                                                                  |  |      |        |   |      |   |         |      |  |   |         |     |  |      |         |     |  |   |        |    

---

|(1) | The 2004, 2003, 2002 and 2001 earnings were inadequate to cover fixed charges. The cover deficiency was $5.3 million, $ 42.3 million, $27.8 million and $22.3 million for 2004, 2003,
2002 and 2001, respectively.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------