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Packaging Corporation of America

Packaging Corporation of America

packaging
Lake Forest, IL · PKG · Public
Packaging Corporation of America, a diversified containerboard and corrugated packaging manufacturer with 15,400 employees, announced a significant 20% dividend increase to $6.00 per share annually, signaling confidence in cash generation. The company is actively engaged in investor relations through executive presentations at major industry conferences, though recent stock performance has been modest.

Packaging Corporation of America (PCA) is a U.S.-based enterprise specializing in the production and sale of containerboard and corrugated packaging materials. Its operations are organized into two primary divisions: Packaging and Paper. The Packaging division offers an extensive array of containerboard and corrugated solutions. These encompass conventional shipping containers designed for safeguarding and transporting manufactured goods, vibrant multi-color boxes and point-of-sale displays aimed at enhancing product merchandising in retail environments, and honeycomb protective packaging. This segment also provides specialized packaging for perishable goods like meat and fresh produce, processed foods, beverages, and a broad spectrum of other industrial and consumer products. Its corrugated offerings reach customers through a multi-channel approach, utilizing a dedicated direct sales and marketing team, independent brokers, and various distribution partners. Meanwhile, the Paper segment focuses on manufacturing and distributing a range of commodity and specialty papers. This includes communication papers, such as standard cut-size office paper, along with specialized printing and converting papers. Sales of its white paper products are managed directly by its internal sales and marketing organization. Tracing its origins back to 1867, Packaging Corporation of America maintains its corporate headquarters in Lake Forest, Illinois.

Employees
15,400
Mfg Plants
14
All Facilities
15
Activity
5/10
Type
Public

Plant Locations (15 mapped)

PKG Stock Price

Manufacturing Plants (14)

Jackson Containerboard Mill
Jackson, AL
Converted No. 3 machine from uncoated freesheet to linerboard production in 2024-2025
Los Angeles Full-Line Plant
Los Angeles, CA
Full-line corrugated container plant; major West Coast production facility
McClellan Full-Line Plant
McClellan, CA
Full-line corrugated box plant; Sacramento metro area
Denver Full-Line Plant
Denver, CO
Full-line corrugated container plant; Mountain West hub
Jacksonville Full-Line Plant
Jacksonville, FL
Full-line corrugated container plant
Miami Full-Line Plant
Miami, FL
Full-line corrugated container plant; Southeast distribution hub
Valdosta (Clyattville) Containerboard Mill
Clyattville, GA
Kraft linerboard; basis weights 35–96 lb.
DeRidder Containerboard Mill
DeRidder, LA
Kraft linerboard and corrugating medium; No. 1 and No. 3 machines
Filer City Containerboard Mill
Filer City, MI
Corrugating medium on three machines
Massillon Containerboard Mill
Massillon, OH
Acquired from Greif 2025; ~225,000 tons/yr recycled medium; two machines
Counce Containerboard Mill
Counce, TN
Large kraft linerboard mill; two paper machines; one of PCA's highest-capacity mills
Riverville (Gladstone) Containerboard Mill
Gladstone, VA
Acquired from Greif 2025; ~575,000 tons/yr semi-chemical medium and recycled linerboard; two machines
Wallula Containerboard Mill
Wallula, WA
Recycled linerboard and corrugating medium (~285,000 tons/yr after 2026 reconfiguration; W2 machine shut down)
Tomahawk Containerboard Mill
Tomahawk, WI
Corrugating medium on two machines; specialty and performance grades

Other Facilities (1)

Lake Forest Corporate Headquarters
Lake Forest, IL · hq
Corporate HQ for PKG; ~16,800 employees company-wide