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Packaging Corporation of America

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Packaging Corporation of America - Manufacturing & Construction showcase

Year Founded & Workforce

1959

15,100 Employees

Industry

Manufacturing & Construction

Services

Global Protective Packaging Market
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Packaging Corporation of America Employee Contacts

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Packaging Corporation of America Overview

Company Headquarters: United States

Founded: 1959

Workforce: The Company has employed more than 15,100 employees, including 4,400 salaried and 10,700 hourly employees.

Company Working:

Packaging Corporation of America is an American manufacturing firm based in Lake Forest, Illinois. The enterprise was founded in 1959 through the consolidation of three companies and was ultimately acquired by Tenneco in 1965. In November 1995, the company's name was modified to Tenneco Packaging Inc.; in 1999, a new entity re-established the name Packaging Corporation of America. The company acquired many companies, including Boise Inc. in 2013, TimBar Corporation and Columbus Container, Inc. in 2016, Sacramento Container Corporation in 2017, and Englander Container and Display in 2018.

Company Snapshot

$6,658.2M

Revenue

15,100

Employees

1959

Founded

United States

Headquarters

SWOT Analysis

Strengths

  • Automation of activities brought consistency of quality to Packaging Corp. of America products
  • Successful track record of developing new products – product innovation.
  • Specializes in creating custom produce packaging to meet consumer demand.

Weaknesses

  • The company lacks vertical integration which lowers margin.
  • The company is highly indebted

Opportunities

  • New customers from online channel

Threats

  • Decrease in demand for paper segment.
  • Operate in highly competitive industry.
  • Growing strengths of local distributors.

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Key Developments

DateApproachDevelopment
June-2022ExpansionPackaging Corporation of America has announced that it's opening a new 275,000-square-foot Center of Excellence manufacturing facility in Cedar City, Utah.

Product Offering

  • Packaging Corporation of America
    • Global Protective Packaging Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 6,658.2 Mn in 2020 to USD 8,478 Mn in 2022.
Packaging Corporation of America — By Business Segment
Series (USD Mn)202020212022
Sales6,658.27,730.38,478

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