PKG - Packaging Corp. of America

Packaging Corporation of America (PKG) is a publicly-traded manufacturer of containerboard and corrugated packaging products, based in Lake Forest, Illinois, USA. The company operates several mills and manufacturing facilities located throughout the United States.

PKG's business model is focused on providing a wide range of packaging solutions to customers in the food, beverage, consumer goods, and industrial markets. The company's products include containerboard, corrugated packaging, specialty packaging, and other related products.

In addition to its core operations, PKG is committed to sustainability and responsible environmental practices. The company has implemented programs to reduce its greenhouse gas emissions, water usage, and waste generation, and has set targets to increase the use of renewable energy and improve the efficiency of its operations.

PKG is listed on the New York Stock Exchange under the ticker symbol PKG. The company has a market capitalization of around $15 billion as of February 2023, and its stock has generally provided investors with strong returns over the years. However, the company is subject to various risks, including economic risks associated with changes in demand for its products, competitive risks from other manufacturers, and regulatory risks related to environmental and safety regulations.

Stock Sector: Consumer Non-Durables: Packaging & Containers