Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products. The company operates 8 mills and 99 corrugated products manufacturing plants. Its operations are primarily located in the United States and have some converting operations in Europe, Mexico, and Canada. Segments The company operates in the following segments, Packaging and Paper. Packaging This segment’s corrugated products manufacturing plants produce various corrugated packaging products, including conventional shipping containers used to protect and transport manufactured goods, multi-color boxes and displays with visual appeal that help to merchandise the packaged product in retail locations. In addition, the company produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. As of December 31, 2014, the Packaging segment produced 3.5 million tons of containerboard at its mills. Its corrugated products manufacturing plants sold approximately 48.2 billion square feet (BSF) of corrugated products. Sales, Marketing, and Distribution: The company’s corrugated products are sold through a direct sales and marketing organization, independent brokers, and distribution partners. Its containerboard sales group is responsible for the coordination of linerboard and corrugating medium sales to corrugated plants, to other domestic customers, and to export customers. Customers: The company sells corrugated products to approximately 19,000 customers in 30,000 locations. The company’s main markets include food, beverages, and agricultural products; retail and wholesale trade; paper and other products; miscellaneous manufacturing; chemical, plastic, and rubber products; and furniture and related products. Competition: On a national level, the company’s primary competitors are International Paper Company; Rock-Tenn Company; Georgia-Pacific LLC; and KapStone Paper and Packaging Corporation. Paper The Paper segment, operating under the trade name Boise Paper, manufactures white papers in North America. The company manufactures and sells white papers, including both commodity and specialty papers, which might have custom or specialized features, such as colors, coatings, high brightness, and recycled content. White papers consist of communication papers (cut-size office papers and printing and converting papers) and pressure sensitive papers, including release liners, which customers use to produce labels for use in consumer and commercially-packaged products. The Paper segment also produces market pulp on one paper machine at Wallula, Washington, mill, which is sold to outside customers to produce paper products. Sales, Marketing, and Distribution: The company’s white papers are sold primarily by own sales personnel. It ships to customers both directly from mills and through distribution centers and a network of outside warehouses by rail or truck. Customers: The company has approximately 200 customers in approximately 500 locations. These customers include paper merchants, commercial and financial printers, envelope converters, and customers who use its pressure sensitive paper for specialty applications, such as consumer and commercial product labels. OfficeMax Incorporated (OfficeMax), a wholly-owned subsidiary of Office Depot, Inc., is a major customer in the Paper segment. Competition: The company’s competitors include Domtar Corporation; International Paper Company; and Georgia-Pacific LLC. History Packaging Corporation of America was founded in 1867.
packaging corp of america
(PKG:New York Consolidated)
1955 West Field Court
Lake Forest, IL 60045
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