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.
Joseph Vaughn sold 2,300 shares of PKG on 3 December at $244.89 per share, worth a total of $563K. They now own 9,197 PKG shares, or a 20% holding decrease.
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