PKG - Packaging Corp Of America

Company Overview

Name

Packaging Corp Of America

Tickers

PKG

Exchanges

NYSE

Employees

14900

Founded

1991

Sector Information

Other Information

CIK

75677

Category

Large accelerated filer

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Company summary

1-Line Summary

PCA is a leading producer of containerboard and uncoated freesheet paper in North America, known for sustainable and innovative packaging solutions.

Packaging Corporation of America (PCA) is the third largest producer of containerboard products in North America and a significant player in uncoated freesheet (UFS) paper production. With eight mills and 86 corrugated products plants, PCA primarily operates in the U.S. and reports in three segments: Packaging, Paper, and Corporate and Other. The company focuses on producing various packaging solutions, including traditional corrugated boxes, specialized display packaging, and protective packaging, while promoting environmental sustainability through the use of renewable materials and energy.

PCA's packaging segment produced 4.5 million tons of containerboard in 2023, generating significant revenue from a diverse customer base across industries like food, beverages, and retail. The company's commitment to sustainability is evident in its sourcing practices and its extensive use of biogenic fuels in production. PCA's strong geographic footprint and operational capabilities position it favorably within a highly competitive landscape, enabling it to serve approximately 14,000 customers from local to national levels efficiently.

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