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PCA's simple rule is: 'We do the hard to do. We do what's right for our customers, not what's easy.' The cornerstone of PCA's business is the strong relationship between customers and people, with success made possible by a highly engaged, results-oriented workforce operating in an entrepreneurial culture.

Customer Focus

PCA believes in utilizing the power of strong collaborative relationships, bound by trust, to deliver innovative packaging solutions and an outstanding service experience to customers across diverse industries.

Trust & Collaboration

The company maintains a commitment to operational excellence with a culture built on a foundation of respect, integrity, and commitment, where each team member's contribution is valued and drives continuous improvement in manufacturing and service delivery.

Operational Excellence

PCA focuses on delivering innovative packaging solutions that meet evolving customer needs while advancing environmental sustainability through cutting-edge technologies like carbon capture and storage.

Innovation

PCA demonstrates strong commitment to environmental stewardship through ambitious sustainability targets including net-zero emissions by 2050, carbon capture technology development, and significant investments in reducing greenhouse gas emissions across all scopes.

Environmental Responsibility

Packaging Corporation of America (PCA) is the third-largest containerboard and corrugated packaging manufacturer in the United States, producing containerboard and corrugated packaging products for industries including food, beverages, industrial and consumer products.

Mark W. Kowlzan

Chairman and Chief Executive Officer

Thomas A. Hassfurther

President

Kent A. Pflederer

Executive Vice President and Chief Financial Officer

Robert P. Mundy

Former Executive Vice President and Chief Financial Officer

Robert A. Schneider

Senior Vice President and Chief Information Officer

Joseph W. Vaughn

Senior Vice President of Engineering and Operations Support

Packaging Corporation of America is an American manufacturing company based in Lake Forest, Illinois. The company has about 15,500 employees, with operations primarily in the United States. The CEO is Mark W. Kowlzan.

https://en.wikipedia.org/wiki/Packaging_Corporation_of_America

PCA's core product line representing 91.5% of net sales, providing containerboard and corrugated packaging solutions for industries including food, beverages, industrial products, and consumer goods. The company's corrugated products plants delivered record shipments in 2024, setting all-time records for total shipments and shipments per day.

Corrugated Board Packaging

PCA produces over 4.5 million tons of containerboard annually, holding approximately 10% of the domestic containerboard market. The company operates multiple containerboard mills achieving record quarterly and annual production in 2024, with expanded capacity following the 2025 Greif acquisition adding 800,000 tons of production capacity.

Containerboard Manufacturing

Specialty paper products representing 7.6% of net sales, serving various industrial and commercial applications requiring specific paper grades and characteristics for packaging and other uses.

Papers and Specialty Products

PCA operates sheet feeder plants that convert containerboard into corrugated sheets for customers who complete their own box manufacturing. The Greif acquisition added eight additional sheet feeder and corrugated plants to PCA's network.

Sheet Feeding Services

PCA provides environmentally responsible packaging solutions aligned with its net-zero emissions commitment by 2050. The company is developing carbon capture and storage technology to permanently sequester biogenic CO2, with plans to capture 1.75 million metric tons annually by 2040.

Sustainable Packaging Solutions

PCA delivers innovative, customized corrugated packaging designs tailored to specific customer requirements, leveraging collaborative relationships and technical expertise to exceed performance expectations for protecting and transporting diverse products.

Custom Corrugated Packaging Design

Packaging Corporation of America completed the acquisition of Greif's containerboard business for $1.8 billion in cash. The transaction adds two containerboard mills with approximately 800,000 tons of production capacity and eight sheet feeder and corrugated plants across the United States. The acquisition is expected to generate approximately $60 million in pre-tax synergies within two years.

PCA Completes $1.8 Billion Acquisition of Greif's Containerboard Business

PCA is advancing plans for carbon capture and storage after a successful pilot project at a mill in the southern United States. CEO Mark Kowlzan announced plans for a detailed engineering and design study over seven to nine months to determine capital costs and construction schedule for a large-scale facility. The first operational carbon capture plant could be ready as early as 2028, with PCA targeting 1.75 million metric tons of biogenic CO2 capture annually by 2040.

PCA Launches Carbon Capture Study Following Promising Pilot Trial

PCA reported 2024 net sales of $8.4 billion and fourth quarter net income of $221 million ($2.45 per share). The company's corrugated products plants delivered record fourth quarter total shipments and an all-time record shipments per day, also setting new annual records. The mill containerboard system achieved new quarterly and annual production records, demonstrating exceptional operational performance.

PCA Reports Record Fourth Quarter and Full Year 2024 Results

PCA announced a definitive agreement to purchase the containerboard business of Greif, Inc. for $1.8 billion in cash. The acquisition includes two containerboard mills with approximately 800,000 tons of production capacity and eight sheet feeder and corrugated plants located across the United States, significantly expanding PCA's manufacturing footprint.

Packaging Corporation of America Announces Agreement to Purchase Greif Containerboard Business

Packaging Corporation of America announced significant leadership changes with Thomas A. Hassfurther appointed President (with PCA since 1977, leading corrugated products since 2009) and Kent A. Pflederer named Executive Vice President and CFO (with PCA since 2007, previously General Counsel). Robert P. Mundy stepped down as CFO after serving in the role since 2015.

PCA Announces Leadership Changes: New President and CFO Appointed

PCA reported in its 2024 sustainability report that the company reduced scope 1 and 2 emissions by 9.2% from a 2021 baseline, progressing toward its target of 35% reduction by 2030. The company also reduced scope 1, 2 and 3 emissions by 4% from the 2021 baseline, working toward its 60% reduction target by 2040 and net-zero emissions by 2050.

PCA Achieves Significant Progress on Emissions Reduction Targets

Following successful carbon capture trials, PCA is exploring the potential to deliver carbon-negative packaging by permanently sequestering more biogenic CO2 than is emitted during production. This would represent a significant advancement in sustainable packaging, positioning PCA as an industry leader in environmental responsibility and climate action.

How PCA Could Deliver Carbon-Negative Packaging After CO2 Capture Trial

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PCA $70/ton increase March 1 2026

Packaging Corp Of America

Packaging

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ERICSSON LM TELEPHONE CO

Radio & Tv Broadcasting & Communications Equipment

Packaging Corporation of America

Henry Weis founded the North Star Mill in Quincy, Illinois, making paper from wild grasses and eventually straw. This mill became the genesis of Central Fiber Products Company, one of the three companies that would eventually merge to form PCA.

North Star Mill Founded

Packaging Corporation of America was formed through the merger of three established packaging companies: Central Fiber Products Company, American Box Board Company, and Ohio Boxboard Company. Each company was already a major entity in the packaging industry, creating one of the largest integrated containerboard manufacturers in the United States.

PCA Founded Through Three-Company Merger

PCA listed on the New York Stock Exchange, becoming a publicly traded company just two years after its formation through the merger of three packaging companies.

Initial Public Offering

Tennessee Gas Transmission Corporation (later renamed Tenneco Inc.) acquired Packaging Corporation of America. PCA operated as a subsidiary of Tenneco for several decades, expanding its operations and market presence during this period.

Tenneco Acquisition

The containerboard and corrugated packaging business was sold by Tenneco to Madison Dearborn Partners Inc., a private equity firm, under the PCA name. This marked PCA's transition from being a Tenneco subsidiary to private equity ownership.

Madison Dearborn Partners Acquisition

PCA went public on the New York Stock Exchange under the ticker symbol PKG in January 2000, marking the beginning of PCA's modern era as an independent, publicly traded packaging manufacturer focused on containerboard and corrugated products.

Return to Public Markets

PCA acquired Boise Inc., significantly expanding its containerboard production capacity and corrugated products manufacturing footprint, strengthening its position as one of the largest packaging manufacturers in North America.

Acquisition of Boise Inc.

PCA acquired TimBar Corporation and Columbus Container, Inc., expanding its corrugated products capabilities and geographic reach in strategic markets across the United States.

Acquisitions of TimBar and Columbus Container

PCA introduced its comprehensive sustainability target committing to achieve net-zero emissions by 2050, with interim goals of 35% reduction in scope 1 and 2 emissions by 2030 and 60% reduction in scope 1, 2, and 3 emissions by 2040.

Net-Zero Emissions Target Announced

PCA began a carbon capture and storage pilot project at a mill in the southern United States. The successful trial demonstrated promising results for permanently storing biogenic carbon dioxide, paving the way for large-scale implementation across multiple facilities.

Carbon Capture Pilot Launch

PCA's corrugated products plants delivered record fourth quarter total shipments and an all-time record shipments per day. The plants also set new annual records for total shipments and shipments per day. Mill containerboard system set new quarterly and annual production records. Full year revenues reached $8.4 billion.

Record-Setting Operational Performance

PCA announced significant leadership changes: Thomas A. Hassfurther (with the company since 1977) was appointed President, and Kent A. Pflederer (with PCA since 2007) became Executive Vice President and CFO, succeeding Robert P. Mundy who stepped down after serving as CFO since 2015.

Leadership Transition

PCA announced a definitive agreement to purchase the containerboard business of Greif, Inc. for $1.8 billion in cash. The acquisition includes two containerboard mills with approximately 800,000 tons of production capacity and eight sheet feeder and corrugated plants located across the United States.

Greif Acquisition Announced

PCA completed the $1.8 billion acquisition of Greif's containerboard business, significantly expanding manufacturing capacity and market presence. The transaction is expected to generate approximately $60 million in pre-tax synergies within two years after closing, strengthening PCA's position as the third-largest containerboard manufacturer in the U.S.

Greif Acquisition Completed

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