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Related Parties
12 Months Ended
Dec. 31, 2012
Related Parties [Abstract]  
Related Parties

 

NOTE 30. RELATED PARTIES

We purchase grid products from WAVE, our 50%-owned joint venture with Worthington Industries.  The total amount of these purchases was approximately $89 million in 2012, $93 million in 2011, and $79 million in 2010.  We also provide certain selling, promotional and administrative processing services to WAVE for which we receive reimbursement.  Those services amounted to $14.6 million in 2012, $15.0 million in 2011, and $15.2 million in 2010.  The net amounts due from us to WAVE for all of our relationships were $2.6 million and $2.0 million at the end of 2012 and 2011, respectively.  See Note 11 to the Consolidated Financial Statements for additional information.

 

During 2012, we incurred approximately $0.1 million in consulting fees related to services provided by an affiliate of TPG.  We also incurred approximately $3.1 million in consulting fees related to services provided by a TPG affiliate in 2010.  The amount due, from us to the TPG affiliates, was $0.1 million at the end of 2012.  There were no consulting services provided by TPG affiliates in 2011.  See Note 1 to the Consolidated Financial Statements for additional information.