Packaging Corporation of America explained

Packaging Corporation of America
Type:Public
Industry:Packaging and containers
Key People:Mark W. Kowlzan (Chairman and CEO)
Num Employees:15,500[1]
Num Employees Year:2021

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]

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

References

  1. Web site: Packaging Corp. of America. Fortune. 2021-02-08.
  2. Web site: Lake Forest Corporate Headquarters | PCA . . PCA . March 10, 2018.
  3. Web site: PKG Profile Packaging Corporation of America Stock - Yahoo Finance. finance.yahoo.com. en-US. 2018-09-22.
  4. Web site: History (1867-1970) PCA. 2021-02-08. www.packagingcorp.com.
  5. Web site: Packaging Corporation of America Completes Acquisition of Boise Inc. Packaging Corporation of America. 2021-02-08. ir.packagingcorp.com. en.
  6. Web site: Packaging Corporation of America Completes Acquisition of TimBar Corporation Packaging Corporation of America. 2021-02-08. ir.packagingcorp.com. en.
  7. Web site: Packaging Corporation of America Completes Acquisition of Columbus Container, Inc. Packaging Corporation of America. 2021-02-08. ir.packagingcorp.com. en.
  8. Web site: Packaging Corporation of America Completes Acquisition of Sacramento Container Corporation Packaging Corporation of America. 2021-02-08. ir.packagingcorp.com. en.
  9. Web site: About Us. 2021-02-08. Englander dZignPak. en-US.