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
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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