Question-and-Answer Session
Operator
(Operator Instructions) Chip Dillon of Credit Suisse First Boston.
Chip Dillon - Credit Suisse First Boston
Thank you, and good morning, Paul.
Paul Stecko
Good morning Chip.
Chip Dillon - Credit Suisse First Boston
First question is on the CapEx. You are telling us it's roughly $145 million or so per year for the two big projects, and you are talking about avoided maintenance. What should we think about in terms of what overall CapEx would be those years? Because again, I guess that would mean the only other spending would be maintenance on the box plants and the two other mills.
Paul Stecko
Yes, we will have a little more, you had a few maintenance, you got to maintain Counce and Valdosta also, Chip. So those [debt] capital, that maintenance money doesn't go away. But the way to think about this is we are going to avoid about $20 million a year in boiler maintenance at Counce and Valdosta. So our normal capital, which is $110 million, will drop to about $90 million. And with all the activity going on at Counce and Valdosta, it may even drop to about $80 million. So I would use $80 million to $90 million for what I'd call normal CapEx. That would be normal maintenance, normal projects, profit enhancement in both the mills and the box plants. And then our capital for the project will be about $145 million on top of that for both years. Maybe a little less because we are spending about $20 million this year, so make it $135 million a year for those two years. So we will have committed about $20 million in these projects this year by the end of the year. Okay and FX will be excluding the project, in the $80 million to $90 million range for the next two years.
Chip Dillon - Credit Suisse First Boston
Okay. And then for this year, you were actually, it's interesting you are spending $20 million, and the year-to-date rate is quite below, I think, some of the numbers you were, some of us might have in the, I don't know, 110, 120 range. What do you think this year will end up being?
Paul Stecko
We are going to come in about $100 million this year for the normal CapEx. It might be 5 lower, it might be 5 higher, but call it $100 million. And then we will spend $20 million on the project this year, between now and the end of the year.
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