Packaging Corporation of America (PKG) is one of the largest producers of containerboard and corrugated packaging products in North America. Headquartered in Lake Forest, Illinois, the company manufactures a broad range of packaging solutions and paper products serving customers across industries such as food and beverage, consumer goods, industrial products, and e-commerce.
The company has a market capitalization of $20.4 billion, making PKG a “large-cap” stock. It is considered a leading player in the U.S. packaging industry, offering investors exposure to essential packaging demand and relatively stable cash flows. Its combination of scale, operational efficiency, and disciplined capital allocation has supported consistent earnings and shareholder returns over time.