Packaging Corporation of America files WARN notices for plant closures [Yahoo! Finance]
Packaging Corporation of America (PKG)
Last packaging corporation of america earnings: 4/27 05:00 pm
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Source: Yahoo! Finance
month, with shutdowns set for Allentown, Pennsylvania, on 1 December and Salisbury, North Carolina, on 19 December. The closures affect 168 jobs — 60 in Allentown and 108 in Salisbury — and will remove capacity from Packaging Corporation of America's (PCA) US network of containerboard and corrugated packaging facilities. Corrugated packaging cuts follow multiple state warn filings Pennsylvania's labour department lists PCA's Allentown closure as a full-line plant shutdown effective 1 December, while North Carolina's notice confirms permanent closure of the Salisbury full-line corrugated site with layoffs phased from 5–19 December. Local and trade outlets in both states have reported the WARN filings and employee totals. PCA has not publicly detailed the rationale in state filings. Industry backdrop: containerboard and box shipments under pressure The plant closures land as corrugated box demand remains soft in 2025. Industry trackers report that U.S. corrugated shipments
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PKG
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 Announces Reconfiguration of Wallula, WA Containerboard MillBusiness Wire
- Packaging Corporation of America Declares Quarterly DividendBusiness Wire
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