Packaging Corporation of America Announces Reconfiguration of Wallula, WA Containerboard Mill
Packaging Corporation of America (PKG)
Last packaging corporation of america earnings: 4/27 05:00 pm
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Source: Business Wire
LAKE FOREST, Ill.--(BUSINESS WIRE)--Packaging Corporation of America (NYSE: PKG) today announced that it will permanently shut down the No. 2 paper machine (W2) and kraft pulping facilities at its Wallula, WA containerboard mill. PCA will continue to operate the No. 3 paper machine (W3) and recycled pulping facilities at the mill. After the announced actions, which are expected to be completed by the end of the first quarter 2026, the mill will have capacity to produce 285,000 tons per year of high-performance recycled linerboard and corrugating medium on the W3 machine, which is a reduction of 250,000 tons of annual production capacity at the mill.The W2 machine has approximately 140,000 tons of annual capacity to produce corrugating medium and has been idled since May 2025. The mill is expected to produce approximately 400,000 tons of containerboard this year. The new configuration is expected to lower the production cost at the mill by approximately $125 per ton from 2025 level
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News
- Packaging Corporation of America (NYSE:PKG) had its price target raised by analysts at JPMorgan Chase & Co. from $238.00 to $245.00. They now have an "overweight" rating on the stock.MarketBeat
- Packaging Corporation of America (PKG): Reassessing Valuation After Box Demand Weakness and Wallula Mill Shutdown [Yahoo! Finance]Yahoo! Finance
- Packaging declares $1.25 dividend [Seeking Alpha]Seeking Alpha
- Packaging Corporation of America Declares Quarterly DividendBusiness Wire
- Why Packaging Corporation of America (PKG) Shares Are Trading Lower Today [Yahoo! Finance]Yahoo! Finance
PKG
Earnings
- 10/22/25 - Miss
PKG
Sec Filings
- 12/4/25 - Form 8-K
- 11/6/25 - Form 10-Q
- 10/23/25 - Form 8-K
- PKG's page on the SEC website