Packaging Corporation of America

Packaging Corporation of America
Public
Traded as
Industry Packaging and containers
Founded 1959 (1959)
Headquarters Lake Forest, Illinois, United States
Number of employees
 14,000 (2016)
Website packagingcorp.com

Packaging Corporation of America (NYSE: PKG) is an American manufacturing company based in Lake Forest, Illinois.[1]

The company has about 14,000 employees, with operations primarily in the United States. The CEO is Mark W. Kowlzan.[2]

History and operations

The company was founded in 1959 by the consolidation of three companies and was eventually acquired by Tenneco in 1965.

In November 1995, the company's name was changed to Tenneco Packaging Inc.; in 1999, a new entity re-established the name Packaging Corporation of America.

In 2009, the company opened a new design center and project-management facility in Hong Kong, operating under the name Packaging Corporation of Asia Limited.

In October 2013, the company acquired Boise Inc.

In 2016, the company acquired Timbar Packaging and Display, an independent corrugated manufacturer with multiple locations in the eastern U.S. and Columbus Container, an independent corrugated manufacturer with multiple locations in Indiana.

In 2017, the company acquired Sacramento, an independent corrugated manufacturer with multiple locations in Northern California.

The company's network consists of 6 containerboard mills, 2 white paper mills, 94 converting facilities, 9 creative design centers, 3 "fulfillment centers", 8 packaging and supply centers, 2 training and resource centers and 1 technical center.

See also

References

Specific
  1. ↑ "Lake Forest Corporate Headquarters | PCA". PCA. Retrieved March 10, 2018.
  2. ↑ "PKG Profile | Packaging Corporation of Americ Stock - Yahoo Finance". finance.yahoo.com. Retrieved 2018-09-22.
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