PKG - Packaging of America - Stock & Dividends

Packaging Corporation of America (PCA) is a leading manufacturer of containerboard and corrugated packaging products in the United States. The company's operations are divided into three main segments: Packaging, Paper, and Corporate and Other.

The Packaging segment is the core of PCA's business, producing a wide range of containerboard and corrugated packaging products. These products include conventional shipping containers, multi-color boxes and displays, and honeycomb protective packaging products. These solutions are designed to protect and transport manufactured goods, as well as merchandise products in retail locations. PCA's packaging products cater to various industries, including meat, fresh produce, processed food, beverages, and other industrial and consumer products. The company sells its corrugated products through a combination of direct sales, independent brokers, and distribution partners.

In addition to packaging, PCA's Paper segment manufactures and sells commodity and specialty papers, including communication papers such as cut-size office papers and printing and converting papers. The company's paper products are sold through its sales and marketing organization, providing a diverse range of paper solutions to customers.

The Corporate and Other segment provides essential support services to PCA's operations, including corporate staff, assets, and liabilities. This segment also manages the company's transportation assets, such as rail cars and trucks, which are critical to the efficient distribution of PCA's products.

With a rich history dating back to 1867, Packaging Corporation of America is headquartered in Lake Forest, Illinois, and has established itself as a trusted partner for companies seeking high-quality packaging and paper solutions. For more information, visit PCA's website at https://www.packagingcorp.com.