Packaging Corp. of America Navigates Challenging Operating Environment Amid Inflationary Pressure
Packaging Corp. of America manufactures packaging products and uncoated freesheet paper. It accounts for roughly 10% of the North American containerboard market and is the third-largest producer. The majority of the company's containerboard is used internally to produce corrugated packaging, with the remainder sold to external customers. A decade of consolidation in the corrugated packaging industry allowed PCA to raise prices aggressively, but increased competitive intensity from legacy paper producers has limited pricing power in recent years.
United States