FKnol.com

Financial Knowledge & Information Portal

Packaging of America (PKG) Company Profile

Updated Sep 9, 2019
Packaging of America has the following business profile:
Company's Full Name:Packaging Corporation of America
Short Name:Packaging of America
Trading Ticker Symbol:PKG
Primary Exchange:NYSE
Headquarter City/Country:Illinois, IL
Primary Industry Sector:Consumer Durables
Seconday Sub-sector:Containers and Packaging
Main Business Areas: Consumer Durables, Containers and Packaging, Consumer Cyclical, Packaging & Containers
Dividend Payments:Dividend History

Market and Trading Information for Packaging of America

The following details were available for trading and market data about the stock of Packaging of America as of writing:
Current Share Price:$100.52
Previous Year's Closing Price:$83.46
Percentage Price Change (YTD):20.44%
Market Cap:$9.51 billion
52-week Price Range:$77.9 - $118.88
Dividend Per Share:$3.16
EPS (TTM):8.36
Price-Earnings (Trailing):12.03
Price-Earnings (Forward):13.69

Company Profile and Business Description for Packaging of America

Packaging Corporation of America (PCA), incorporated on January 25, 1999, is a producer of containerboard products and uncoated freesheet. The Company operates through three segments: Packaging, Paper, and Corporate and Other. The Packaging segment produces a range of corrugated packaging products. The Paper segment manufactures and sells a range of papers, including communication-based papers and pressure sensitive papers. As of December 31, 2016, the Company operated five containerboard mills, three paper mills and 94 corrugated products manufacturing plants.

Packaging

The Company's containerboard mills produces linerboard and semi-chemical corrugating medium, which are papers primarily used in the production of corrugated products. The Company's corrugated products manufacturing plants produce a range of corrugated packaging products, including conventional shipping containers used to protect and transport manufactured goods, multi-color boxes and displays. The Company also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. During the year ended December 31, 2016, its Packaging segment produced 3.7 million tons of containerboard at its mills. As of December 31, 2016, the Company manufactured its Packaging products at five containerboard mills, one containerboard machine (at its Wallula, Washington white paper mill), corrugated manufacturing operations, and protective packaging operations.

The Company's Counce, Tennessee mill produces kraft linerboard. The Counce mill produces basis weights from 26 pounds (lb) to 90 lb. The mill also produces a range of performance and specialty grades of linerboard. The Company's DeRidder, Louisiana mill produces kraft linerboard and linerboard and semi-chemical corrugating medium. Its Valdosta, Georgia mill produces kraft linerboard. Its Tomahawk, Wisconsin mill produces semi-chemical corrugating medium. The Tomahawk mill produces basis weights from 23 lb. to 47 lb. and a range of performance and specialty grades of corrugating medium. Its Filer City, Michigan mill produces semi-chemical corrugating medium. Its Filer City mill produces corrugating medium in basis weights from 20 lb. to 47 lb. Its Wallula, Washington mill primarily produces white paper, but also produces semi-chemical corrugating medium. Wallula produces corrugating medium in basis weights from 23 lb. to 45 lb. As of December 31, 2016, the Company operated 94 corrugated manufacturing operations, a technical and development center, eight regional design centers, a rotogravure printing operation, and a complement of packaging supplies and distribution centers.

Paper

The Company manufactures uncoated freesheet in the United States. The Company manufactures and sells white papers, including both commodity and specialty papers. White papers consist of communication papers (cut-size office papers and printing and converting papers) and pressure sensitive papers, including release liners, which its customers use to produce labels for use in consumer and commercially-packaged products. The Company's Jackson, Alabama mill produces both commodity and specialty papers. Its International Falls, Minnesota mill produces both commodity and specialty papers. Its Wallula, Washington mill produces pressure sensitive papers and a range of white paper grades. The mill also produces corrugating medium.

Corporate and Other

The Corporate and Other segment includes corporate support staff services and related assets and liabilities. This segment also includes transportation assets, such as rail cars and trucks.

The Company competes with International Paper Company, WestRock Company, Georgia-Pacific LLC, KapStone Paper and Packaging Corporation, Pratt Industries and Domtar Corporation.

1955 W FIELD CT

Peer / Competitor Companies of Containers and Packaging Sector

Along with Packaging Corporation of America, the following other peer (competitor) companies also exist within the same Containers and Packaging - Consumer Durables sector whose company profile and dividend history is as follows:

▶ Advanced Drainage (WMS): Advanced Drainage Systems, Inc., incorporated on October 31, 1966, is engaged in designing, manufacturing and marketing of thermoplastic corrugated pipe and related water management products, primarily in North and South ....See Detailed Company Profile  and Dividend History.

▶ Ardagh Group (ARD): Ardagh Group S.A. manufactures and supplies rigid packaging solutions primarily for the food and beverage markets worldwide. The company operates in four segments: Metal Packaging Europe, Metal Packaging Americ....See Detailed Company Profile  and Dividend History.

▶ Avery Dennison (AVY): Avery Dennison Corporation (Avery Dennison), incorporated on February 23, 1977, is engaged in the production of pressure-sensitive materials and a range of tickets, tags, labels and other converted products. The ....See Detailed Company Profile  and Dividend History.

▶ Ball Corp (BLL): Ball Corporation (Ball), incorporated on December 19, 1922, is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Companys packaging products are produced ....See Detailed Company Profile  and Dividend History.

▶ Bemis (BMS): Bemis Company, Inc., incorporated on May 18, 1885, is a manufacturer of packaging products. The Company operates through two segments: U.S. Packaging and Global Packaging. The Company supplies flexible and ....See Detailed Company Profile  and Dividend History.

▶ Cenveo (CVO): Cenveo, Inc., incorporated on May 1, 1997, is a diversified manufacturing company focused on print-related products. The Companys portfolio of products includes envelope converting, commercial printing and label manufacturing. The ....See Detailed Company Profile  and Dividend History.

▶ China XD Plastics (CXDC): China XD Plastics Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of modified plastics primarily for automotive applications in the People'....See Detailed Company Profile  and Dividend History.

▶ Crown (CCK): Crown Holdings, Inc., incorporated on February 7, 2003, is engaged in the design, manufacture and sale of packaging products for consumer goods. The Companys business is organized within three divisions: ....See Detailed Company Profile  and Dividend History.

▶ Document Security (DSS): Document Security Systems, Inc. (DSS), incorporated on May 30, 1984, is a developer and marketer of secure technologies. The Company specializes in fraud and counterfeit protection for various forms of ....See Detailed Company Profile  and Dividend History.

▶ Graphic Packaging Holding (GPK): Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, foodservice, and other consumer products companies. It operates through t....See Detailed Company Profile  and Dividend History.

▶ InnerWorkings (INWK): InnerWorkings, Inc., incorporated on September 26, 2001, is a marketing execution company. The Companys software applications and databases create an integrated solution that stores, analyzes and tracks the production capabilities ....See Detailed Company Profile  and Dividend History.

▶ Kimberly-Clark (KMB): Kimberly-Clark Corporation, incorporated on June 29, 1928, is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Companys segments include Personal ....See Detailed Company Profile  and Dividend History.

▶ Multi Packaging International (MPSX): Multi Packaging Solutions International Limited, incorporated on June 19, 2015, is a provider of specialty packaging solutions for the consumer, healthcare and multi-media markets. The Company operates through three segments: ....See Detailed Company Profile  and Dividend History.

▶ Orient Paper (ONP): Orient Paper, Inc., incorporated on December 9, 2005, is a holding company for the Hebei Baoding Orient Paper Milling Company Limited (Orient Paper HB), a producer and distributor of paper ....See Detailed Company Profile  and Dividend History.

▶ Owens-Illinois (OI): Owens-Illinois, Inc., incorporated on March 10, 1987, is a manufacturer of glass container products. The Companys principal product lines are glass containers for the food and beverage industries. The Companys ....See Detailed Company Profile  and Dividend History.

▶ Silgan (SLGN): Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products worldwide. It operates through three segments: Metal Containers, Closures, and ....See Detailed Company Profile  and Dividend History.

▶ Sonoco Products (SON): Sonoco Products Company (Sonoco), incorporated on May 10, 1899, is a manufacturer of industrial and consumer packaging products and a provider of packaging services. The Company operates in four segments: ....See Detailed Company Profile  and Dividend History.

▶ UFP (UFPT): UFP Technologies, Inc., incorporated on October 15, 1993, is a designer and custom converter of foams, plastics, composites and natural fiber materials. The Company is engaged in providing solutions to ....See Detailed Company Profile  and Dividend History.

▶ WestRock (WRK): WestRock Company, incorporated on March 6, 2015, is a multinational provider of paper and packaging solutions for consumer and corrugated packaging markets. The Company also develops real estate in the ....See Detailed Company Profile  and Dividend History.

▶ Yield10 Bioscience (YTEN): Yield10 Bioscience, Inc., formerly Metabolix, Inc., incorporated on October 1, 1998, is an agricultural bioscience company. The Company is focused on developing disruptive technologies for step-change improvements in crop yield ....See Detailed Company Profile  and Dividend History.

... See Full List of All Stocks of Containers and Packaging Sector.

Stock List of Other Consumer Durables Sub-sectors

▶ Stocks of Automotive Aftermarket Sector

▶ Stocks of Building Products Sector

▶ Stocks of Consumer Electronics and Appliances Sector

▶ Stocks of Consumer Specialties Sector

▶ Stocks of Containers and Packaging Sector

▶ Stocks of Diversified Electronic Products Sector

▶ Stocks of Electrical Products Sector

▶ Stocks of Electronic Components Sector

▶ Stocks of Home Furnishings Sector

▶ Stocks of Industrial Machinery and Components Sector

▶ Stocks of Industrial Specialties Sector

▶ Stocks of Manufacturing Industries Sector

▶ Stocks of Metal Fabrications Sector

▶ Stocks of Office Equipment Supplies and Services Sector

▶ Stocks of Publishing Sector

▶ Stocks of Recreational Products Sector

▶ Stocks of Specialty Chemicals Sector

▶ Stocks of Spirit and Wine Sector

▶ Stocks of Telecommunications Equipment Sector


Stock List of Other Top-level Sectors

▶ Stocks of Sector

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Health Care Sector

▶ Stocks of Industrials Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Public Utilities Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Services Sector

▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector