PKG

Packaging Corporation of America (PKG) manufactures and supplies containerboard and corrugated packaging products throughout the United States. Headquartered in Lake Forest, Illinois, the company operates as the third-largest producer of containerboard and corrugated packaging products in North America. PCA runs an integrated business model with approximately 100 corrugated products manufacturing plants, over 100 distribution centers, and several containerboard mills that produce linerboard and corrugated medium. The company employs roughly 15,000 people across its operations. PCA serves diverse end markets including food and beverage, retail, e-commerce, agriculture, and industrial manufacturing sectors. The company produces approximately 4 million tons of containerboard annually at its mills in Counce, Tennessee; Valdosta, Georgia; Filer City, Michigan; and DeRidder, Louisiana. In October 2021, PCA completed its acquisition of Greif's U.S. corrugated and containerboard business for approximately $1 billion, significantly expanding its production capacity and geographic footprint. The company maintains a vertical integration strategy, producing its own raw materials to supply its converting operations, which provides cost advantages and supply chain control. PCA generates annual revenues exceeding $8 billion and maintains a strong position in the packaging industry, particularly benefiting from sustained e-commerce growth and demand for sustainable packaging solutions.