Packaging Corporation of America

Packaging Corporation of America is a US packaging company headquartered in Lake Forest, Illinois. The company was formed in 1999 through the acquisition of the packaging business separated from Tenneco. Its shares trade on the NYSE under the ticker PKG and are included in S&P's broad-based US stock index. Most production takes place at mills in the United States.

The company's main product is containerboard, the stiff paper grade that serves as the raw material for corrugated boxes. Its mills produce this material, and the company's corrugated plants then convert it into boxes and packaging products. Customers include food and beverage makers, online retailers and general industrial firms. The company also produces uncoated white papers used for office and printing needs. Sales are closely tied to consumer spending and the volume of goods shipped.

Those following Packaging Corporation of America stock usually watch box demand, pulp and energy costs and containerboard price trends. On the PKG page at Lzzo.com the share price is shown in US dollars, and the page also offers a historical price chart and technical indicators.