Market Capitalization (Millions $) |
16,794 |
Shares
Outstanding (Millions) |
90 |
Employees |
14,900 |
Revenues (TTM) (Millions $) |
8,549 |
Net Income (TTM) (Millions $) |
862 |
Cash Flow (TTM) (Millions $) |
59 |
Capital Exp. (TTM) (Millions $) |
743 |
Packaging Corp Of America
Packaging Corporation of America (PCA) is a prominent player in the packaging industry, recognized as the fourth largest producer of containerboard products and the third largest producer of uncoated freesheet in the United States, based on production capacity. The company operates five containerboard mills, three paper mills, and 94 corrugated products manufacturing plants throughout the United States and is headquartered in Lake Forest, Illinois.
In 2016, PCA expanded its corrugated products business through two significant acquisitions: Tim-Bar Corporation and Columbus Container, Inc. The acquisition of Tim-Bar Corporation on August 29, 2016, involved taking on the assets of a well-established independent corrugated products producer with six facilities. Tim-Bar specializes in higher-margin markets, including retail, industrial packaging, and display and fulfillment, focusing on multi-color graphics and technical innovation. Subsequently, on November 30, 2016, PCA acquired Columbus Container for approximately $100 million. Columbus Container operates a full-service corrugated products plant along with warehousing facilities in Indiana and Illinois, which now contributes to PCAs Packaging segment.
PCAs corrugated products are marketed through a variety of channels, including a direct sales force, independent brokers, and distribution partners. The company has dedicated sales representatives and managers situated at most manufacturing sites, along with corporate account managers for larger customer accounts. The design centers within the organization also feature a specialized graphics sales force, supported by new product development engineers and graphic design specialists to enhance product offerings.
The containerboard sales group manages the coordination of linerboard and corrugating medium sales, facilitating order processing for both internal and external customers, including export markets. Containerboard is transported from mills to corrugated plants via rail or truck, while the companys corrugated products are typically delivered by truck to ensure timely service to the customer base. PCAs corrugated manufacturing operations usually focus on serving clients within a 150-mile radius of each plant, and third-party warehouses may be utilized for short-term storage of products when necessary.
Company Address: 1 North Field Court Lake Forest 60045 IL
Company Phone Number: 482-3000 Stock Exchange / Ticker: NYSE PKG
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