PKG has been in the news 326% more than usual
Apr 02, 2025, 8:31 PM
-9.04%
What does PKG do
Packaging of America, headquartered in Lake Forest, Illinois, employs 14,900 people and operates eight mills and 86 plants, producing container products and various types of paper since its IPO in 2000. The company specializes in corrugated packaging for diverse industries, including food and beverages, and offers both commodity and specialty papers.
PKG has been in the news recently: Graphic Packaging will permanently close its Middletown, Ohio facility on June 1, 2025, resulting in the loss of 130 jobs as part of a production consolidation. Meanwhile, Novolex has completed a $6.7 billion merger with Pactiv Evergreen, significantly expanding its food packaging portfolio.
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