BNET Industries

Packaging Corp of America

(PKG) is in the Manufacturing Industry

Market Cap:$1.5B
Last Fiscal Year Sales:$2.3B
  • Public
  • US
Dow Jones Description

Packaging Corporation of America, or PCA, is the fifth largest producer of containerboard and corrugated products in the United States, based on production capacity. During the first quarter of 2009, we produced approximately 515,000 tons of containerboard at our mills, of which about 80% was consumed in our corrugated products manufacturing plants, 12% was sold to domestic customers and 8% was sold in the export market. Our corrugated products manufacturing plants sold about 6.7 billion square feet (bsf) of corrugated products during the first quarter of 2009. Our net sales to third parties totaled $512.4 million in the first quarter. Besides containerboard, we produce a wide variety of products ranging from basic corrugated shipping containers to specialized packaging, such as wax-coated boxes for the agriculture industry. We also have multi-color printing capabilities to make high-impact graphics boxes and displays that offer our customers more attractive packaging. Our operating facilities and customers are located primarily in the United States.

CFO & SecretaryMark W. Kowlzan
Number of Employees 2,400
Contact Information

1900 W Field Ct

Lake Forest, Illinois 60045

packagingcorp.c...

(847) 482-3000

NAICS Code Corrugated and Solid Fiber Box Manufacturing: 322211

Recent Events

  • JP Morgan Downgrades Packaging Corp. of America PKG to Underweight

    6/17/09 - Bond / Stock Rating - View Story

  • Packaging Corporation of America board reports dividend

    5/29/09 - Stock Split / Dividend - View Story

  • Ahead of the Bell: Packaging companies

    4/24/09 - Bond / Stock Rating - View Story

  • KapStone Paper and Packaging Corporation to Release First Quarter 2009 Earnings on Monday, May 11,...

    4/30/09 - Financial Announcement - View Story

  • PCA Cuts Dividend

    3/07/09 - Stock Split / Dividend - View Story

  • Packaging Corporation Announces 31% Drop in 4Q08 Profit and Adjusts Project Plans, an Industrial Info...

    1/23/09 - Financial Announcement - View Story

News & Analysis

packaging corp of america - All News and Analysis

  • Packaging Corp. of America Q2 2008 Earnings Call Transcript

    Seeking Alpha - 2008-07-22

    Question-and-Answer SessionYes. [Operator Instructions]. Our first question comes from Mark Wilde of Deutsche Bank. You may begin. Mark Wilde - Deutsche Bank Good morning, Paul. Paul T. Stecko - Chairman and Chief Executive Officer Good morning, Mark. Mark Wilde - Deutsche Bank Is it possible when we look at...

    Tags: Packaging Corp of America

  • Packaging Corp. of America Q1 2008 Earnings Call Transcript

    Seeking Alpha - 2008-04-22

    Question-and-Answer SessionThank you. [Operator Instructions]. Our first question comes from Richard Skidmore of Goldman Sachs. Richard Skidmore - Goldman Sachs Good morning, Paul. Just follow-up, you talked a lot about the cost side of the equation in your comments, but didn't touch on sort of the revenue side. You...

    Tags: Packaging Corp of America

  • Packaging Corp. of America Q4 2007 Earnings Call Transcript

    Seeking Alpha - 2008-01-23

    Question-and-Answer SessionThank you. [Operator Instructions]. Our first question comes from Chip Dillon with Citigroup. Chip Dillon - Citigroup Good morning Paul. Paul T. Stecko - Chairman and Chief Executive Officer Good morning Chip. Chip Dillon - Citigroup Hey. It would be great if the market gave as much credit...

    Tags: Packaging Corp of America

  • Packaging Corp. of America Q3 2007 Earnings Call Transcript

    Seeking Alpha - 2007-10-18

    Question-and-Answer Session Operator Certainly. [Operator Instructions]. Our first comes from Mark Connelly of Credit Suisse. Mark Connelly - Credit Suisse Paul, can you talk... you've talked in past calls about seasonality shifting around a little bit. I wonder if you can talk about that issue...

    Tags: Packaging Corp of America

Additional Resources

  • WallStSense.com Fundamental & Technical Coverage of NLY, VIP, KV-A, WEC, BBD and PKG

    - 2009-06-22

    W.S.S. is an online community with adedicated team of analysts who are providing free in-depth research onNorth American equities. Our analysts have issued free ratings reports onthe following six companies: Annaly Capital Management Inc. (NYSE: NLY), Vimpel-Communications (NYSE: VIP), KV Pharmaceutical Co. (NYSE: KV-A), Wisconsin Energy Corp. (NYSE: WEC), Banco...

Decision Makers

Name (plus bio) Position
Mark W. Kowlzan CFO & Secretary
Richard B. West Senior Vice President, Chief Financial Officer, Corporate Secretary
Robert A. Schneider CIO
William F. Sweeney Executive Vice President, Corrugated Products
William J. Sweeney Executive Vice President, Corrugated Products
Thomas A. Hassfurther Senior Vice President, Sales and Marketing, Corrugated Products
Anil Sethy Vice President, Engineering
Bryan L. Sorensen Vice President, Operation Services
Charles G. Colby Vice President, Natl Accounting & Graphic Pkg
Gerald D. Greeter Vice President, Sales
John R. Martin Vice President, Manufacturing
Samuel M. Mencoff Vice President
Steven T. Calhoun Vice President, Human Resources
Rayford K. Williamson Director of Pca
Roger B. Porter Director of Pca
Thomas S. Souleles Assistant Secretary
Louis A. Holland Director

Board of Directors

Name (plus bio) Position
Paul T. Stecko Chairman and Chief Executive Officer
Henry F. Frigon Chairman
Cheryl Beebe Board of Directors
Hasan Jameel Board of Directors
Organization Position Status
Packaging Corporation of America CFO & Secretary Current
Packaging Corporation of America Senior Vice Presidentcontainerboard Current
Packaging Corporation of America Board of Directors Current
Pca & Co Former
International Paper Company Former
Organization Position Status
Pca Plus Chairman and Chief Executive Officer Current
Pca & Co Chairman Current
Cives Corporation Board of Directors Current
Tenneco, Inc. Board of Directors Current
State Farm Mutual Automobile Insurance Co. Director Current
Tenneco Automotive, Inc. Board of Directors Current
Pca & Co Chief Executive Officer Former
Tenneco Automotive, Inc. Chief Executive Officer Former
Tenneco Automotive, Inc. President Former
Tenneco, Inc. President Former
Tenneco Automotive, Inc. Chief Operating Officer Former
Packaging Corporation of America Chairman and Chief, Executive Officer Former
Tenneco, Inc. Chief Operating Officer Former
Packaging Corporation of America Board of Directors Former
Tenneco Automotive, Inc. member Former

Richard B. West has served as Chief Financial Officer of PCA since March 1999, and as Senior Vice President since March 2002. From April 1999 to June 2007, Mr. West served as Corporate Secretary. From April 1999 to March 2002, Mr. West served as Vice President and from March 1999 to June 1999, Mr. West also served as Treasurer of PCA. Mr. West served as Vice President of Finance - Paperboard Packaging of Tenneco Packaging Inc. from 1995 to April 1999. Prior to joining Tenneco Packaging, Mr. West spent 20 years with International Paper Company where he served as an Internal Auditor, Internal Audit Manager and Manufacturing Controller for the Printing Papers Group and Director/Business Process Redesign.

Organization Position Status
Packaging Corporation of America Senior Vice President, Chief Financial Officer, Corporate Secretary Current
Pca & Co Chief Financial Officer Former
International Paper Company Internal Audit Manager Former
International Paper Company Internal Auditor Former
Packaging Corporation of America Treasurer Former
Organization Position Status
Packaging Corporation of America CIO Current
Organization Position Status
Packaging Corporation of America Executive Vice President, Corrugated Products Current
Pca & Co Executive Vice President, Corrugated Products Former
The Continental Group LTD Operations Manager and Division Vice President Former
Boise Cascade, LLC General Manager Former
Boise Cascade, LLC Sales Manager Former
Organization Position Status
Pca Plus Executive Vice President, Corrugated Products Current
Packaging Corporation of America Executive Vice President, Corrugated Products Current
The Continental Group LTD Division Vice President Former
Boise Cascade, LLC General Manager Former
Boise Cascade, LLC Sales Manager Former
The Continental Group LTD Operations Manager Former

Thomas A. Hassfurther has served as Senior Vice President, Sales and Marketing, Corrugated Products since February 2005 and as Vice President, Sales and Marketing from March 1998 to February 2005. Mr. Hassfurther served as Vice President and Area General Manager from January 1991 to February 1998 for Tenneco Packaging Inc. From 1977 - 1990 Mr. Hassfurther served as a sales representative, Sales Manager and General Manager within the Containerboard Products Group.

Organization Position Status
Packaging Corporation of America Senior Vice President, Sales and Marketing, Corrugated Products Current
Dixie Container Corporation President Former
Organization Position Status
Packaging Corporation of America Vice President, Engineering Current
Organization Position Status
Packaging Corporation of America Vice President, Operation Services Current
Organization Position Status
Packaging Corporation of America Vice President, Natl Accounting & Graphic Pkg Current
Organization Position Status
Packaging Corporation of America Vice President, Sales Current
Organization Position Status
Packaging Corporation of America Vice President, Manufacturing Current
Organization Position Status
Madison Dearborn Partners LLC Co-President Current
Packaging Corporation of America Vice President Current
Brown University Trustee Current
Brown University Board of Directors Current
Smurfit Kappa Group Board of Directors Current
Boise Cascade Holdings, L.L.C. Director Current
Great Lakes Dredge & Dock Co. LLC Board Director Current
Smurfit Kappa Group Board Director Current
Evanston Northwestern Healthcare Board Director Current
Packaging Corporation of America Director Current
First Chicago Venture Capital Vice President Former
The Dock, Inc. Former
Harvard Business School M.B.A Former
Brown University A.B Former

Stephen T. Calhoun was promoted to Vice President, Human Resources of PCA in November 2002. From July 1997 to October 2002, Mr. Calhoun served as Director, Human Resources of Corporate and Containerboard Division. From April 1989 to July 1997, Mr. Calhoun was employed principally by Tenneco Packaging Inc. where he held the positions of Area Employee Relations Manager and Human Resources Manager. Prior to joining Tenneco Packaging Inc. in 1989, Mr. Calhoun spent fifteen years with the then American Can Company where he held several Human Resources and manufacturing positions.

Organization Position Status
Packaging Corporation of America Vice President, Human Resources Current
Pca & Co Vice President, Human Resources Former
Packaging Corporation of America Director, Human Resources of Corporate and Containerboard Division Former
American Can Company Former
Corporate Inc Director Former
Organization Position Status
Packaging Corporation of America Director of Pca Current
Packaging Corporation of America Board of Directors Current
BE&K Engineering Company Vice President Former
Organization Position Status
Packaging Corporation of America Director of Pca Current
Select A Unit Size Lead Independent Director Current
Tenneco Automotive, Inc. Senior Scholar Current
National Life Insurance Co Current
Federal Deposit Insurance Corporation Current
Extra Space Storage Inc. Board of Directors Current
Pactiv Corporation Board of Directors Current
National Life Insurance Company Director Current
Tenneco, Inc. Director Current
Select A Unit Size Director Current
Zions Bancorporation Board of Directors Current
White House Historical Association Board of Directors Current
Tenneco Automotive, Inc. Board of Directors Current
Gerald R. Ford Foundation Board of Directors Current
Packaging Corporation of America Board of Directors Current
Gerald R. Ford Foundation Trustee Current
NYNEX chief executive officer Former
Woodrow Wilson International Center for Scholars Senior Scholar Former
Harvard University IBM Professor of Business and Government Former
Harvard University PhD in Former
Harvard University Master of Dunster House Former
Brigham Young University BA degree Former
University of Oxford B.Phil. degree Former
Brigham Young University BA degree Former

Thomas S. Souleles, Managing Director - A.B., Princeton University; J.D., Harvard Law School; M.B.A., Harvard Graduate School of Business Administration. Prior to joining MDP, Mr. Souleles was with Wasserstein Perella & Co., Inc. Mr. Souleles concentrates on investments in the basic industries sector and currently serves on the Boards of Directors of Forest Products Holdings, LLC (d.b.a. Boise Cascade), Great Lakes Dredge & Dock Corporation, Magellan GP, LLC, Magellan Midstream Holdings GP, LLC, Packaging Corporation of America, US Power Generating Company, and the Children's Memorial Medical Center; and the Board of Trustees of the National Multiple Sclerosis Society, Greater Illinois Chapter.

Organization Position Status
Madison Dearborn Partners LLC Managing Director Current
Packaging Corporation of America Assistant Secretary Current
The Dock, Inc. Board of Directors Current
Boise Inc. Board of Directors Current
US Power Generating Company, LLC Board of Directors Current
Madison Dearborn Partners LLC Board of Directors Current
Great Lakes Dredge & Dock Co. LLC Director Current
Magellan Midstream Partner, L.P Director Current
Packaging Corporation of America Director Current
Boise Cascade Holdings, L.L.C. Director Current
Magellan Midstream Holdings, L.P. Board of Directors Current
Smurfit Kappa Group Board of Directors Current
Smurfit Kappa Group Board Director Current
Packaging Corporation of America Vice President Former
Madison Dearborn Partners LLC Equity Sponsor Former
The Dock, Inc. Former
Magellan Midstream Partners, L.P. Board of Directors Former
Harvard Business School M.B.A Former
Princeton University A.B Former

Henry F. Frigon is a private investor and business consultant. Mr. Frigon has served as the Chairman of the Board of CARSTAR, Inc., an Overland Park, Kansas, based collision repair franchise business, since July 1998. He served as Chief Executive Officer of CARSTAR from July 1998 until February 2001. Mr. Frigon retired from Hallmark Cards, Inc., Kansas City, Missouri, in 1994.

Organization Position Status
Irr-Residential Private Investor and Business Consultant Current
Sypris Technologies Current
Sypris Electronics Current
Packaging Corporation of America Chairman Current
License Guard Chair Current
Irr-Residential Board of Directors Current
H & R Block - H & R Block Financial Advisors, Inc. Board of Directors Current
Bell Technologies Calibration Division Director Current
H&R Block, Inc. Board of Directors Current
CARSTAR Chief Executive Officer Former
CARSTAR President Former
Hallmark Cards, Inc. Chief Financial Officer Former
Hallmark Cards, Inc. Executive Vice President Former
NCR Corporation Former
Farmers Insurance Group Former
Appleton Papers, Inc. Former
Brown & Williamson Tobacco Corporation Former
CARSTAR Chairman Former
Sypris Solutions, Inc. Board of Directors Former
Buckeye Technologies Inc. Board of Directors Former
Hallmark Cards, Inc. Board Director Former
Overland Park.Com, LLC Vice Chairman Former
Tuesday Morning Corporation Board of Directors Former
New York University MBA Former
Tufts University Bachelors Degree Former
Harvard Business School Advanced Management Program Former
Hallmark Cards, Inc. Member Former

Ms. Beebe previously served as Vice President, Finance from July 2002 to February 2004, as Vice President from 1999 to 2002 and as Treasurer from 1997 to February 2004. Prior thereto, she served as Director of Finance and Planning for the CPC Corn Refining Business worldwide from 1995 to 1997 and as Director of Financial Analysis and Planning for Corn Products North America from 1993. Ms. Beebe joined CPC in 1980 and served in various financial positions in CPC’s US consumer food business, North American audit group and worldwide corporate treasury group. Ms. Beebe is a member of the Board of Directors of Packaging Corporation of America. She is also a member of the Board of Trustees for Fairleigh Dickinson University.

Organization Position Status
Corn Products International, Inc. Chief Financial Officer Current
Corn Products International, Inc. Vice President Current
Fairleigh Dickinson University Board of Directors Current
Packaging Corporation of America Board of Directors Current
Cpc International Ltd. Director of Finance and Planning Former
Fairleigh Dickinson University master's Former
Rutgers University Bachelor's Degree In Accounting Former
Fairleigh Dickinson University Business Administration In Corporate Finance Former
Organization Position Status
Packaging Corporation of America Board of Directors Current
Organization Position Status
Holland Capital Management Owner Current
Northwestern Memorial HealthCare Director Current
Packaging Corporation of America Director Current
Holland Capital Management Founder Former
University of Wisconsin B.S. In Economics Former
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     PKG $29.80 +13.00 (77.38% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 1,121,920
Shares Outstanding 102.47M
Market Cap 3.1B
Year High 29.98
Year Low 9.66
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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