Packaging Corporation of America

Type| Public

Traded as

* NYSE: PKG
* S&P 500 component

Industry| Packaging and containers
Founded| 1959; 67 years ago (1959)
Headquarters| Lake Forest, Illinois, U.S.

Key people

| Mark W. Kowlzan (Chairman and CEO)
Revenue|  US$8.640 billion (2024)

Operating income

|  US$1.289 billion (2024)

Net income

|  US$898.6 million (2024)
Total assets|  US$8.833 billion (2024)
Total equity|  US$4.404 billion (2024)

Number of employees

| 15,400[1] (2024)
Website| packagingcorp.com

Packaging Corporation of America is an American manufacturing company based in Lake Forest, Illinois.[2] The company has about 15,500 employees, with operations primarily in the United States. The CEO is Mark W. Kowlzan.[3]

## Contents

* 1 History and operations
* 2 See also
* 3 References
* 4 External links

## History and operations

The company was founded in 1959 by the consolidation of three companies and was eventually acquired by Tenneco in 1965.[4] 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.

The company has acquired many companies, including Boise Inc. in 2013,[5] TimBar Corporation[6] and Columbus Container, Inc.[7] in 2016, Sacramento Container Corporation in 2017,[8] and Englander Container and Display in 2018.[9]

The company's network consists of 6 containerboard mills, 2 white paper mills, 95 converting facilities, 10 creative design centers, 3 fulfillment centers, 8 packaging and supply centers, 2 training and resource centers, and 1 technical center.

## See also

* List of Illinois companies

## References

1. ↑ "Packaging Corp. of America". https://fortune.com/company/packaging-corp-of-america/fortune500/.
2. ↑ "Lake Forest Corporate Headquarters | PCA". PCA. https://www.packagingcorp.com/lake-forest-corporate-headquarters.
3. ↑ "PKG Profile | Packaging Corporation of America Stock - Yahoo Finance" (in en-US). https://finance.yahoo.com/quote/PKG/profile?ltr=1.
4. ↑ "History (1867-1970) | PCA". https://www.packagingcorp.com/history-1867-1970.
5. ↑ "Packaging Corporation of America Completes Acquisition of Boise Inc. | Packaging Corporation of America" (in en). http://ir.packagingcorp.com/news-releases/news-release-details/packaging-corporation-america-completes-acquisition-boise-inc.
6. ↑ "Packaging Corporation of America Completes Acquisition of TimBar Corporation | Packaging Corporation of America" (in en). http://ir.packagingcorp.com/news-releases/news-release-details/packaging-corporation-america-completes-acquisition-timbar.
7. ↑ "Packaging Corporation of America Completes Acquisition of Columbus Container, Inc. | Packaging Corporation of America" (in en). http://ir.packagingcorp.com/news-releases/news-release-details/packaging-corporation-america-completes-acquisition-columbus.
8. ↑ "Packaging Corporation of America Completes Acquisition of Sacramento Container Corporation | Packaging Corporation of America" (in en). http://ir.packagingcorp.com/news-releases/news-release-details/packaging-corporation-america-completes-acquisition-sacramento.
9. ↑ "About Us" (in en-US). http://www.englanderdzp.com/about-us.

## External links

* Official website
* Business data for Packaging Corporation of America:

* Google Finance
* Yahoo! Finance
* Bloomberg
* Reuters
* SEC filings

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