Need Help? (888) 742-5060

In The News:

Packaging Corporation of America Sales Up 32.1% in 2013

Packaging Corporation of America (NYSE: PKG), Lake Forest, IL, reported full year sales for 2013 of $3.7 billion, an increase of 32.1 percent from the previous year. Profit more than doubled to $436.3 million, compared to $163.8 million in 2012.

Sales for the fourth quarter were $1.3 billion, a 76.4 percent increase over the same period a year ago. Profit more than tripled to $227 million from $61 million in the fourth quarter of 2012.

PCA also completed their acquisition of Boise Inc. on Oct. 25 of this year.

“The integration of Boise’s operations with PCA is well underway, and we are finding additional synergy opportunities as the process continues," said Mark W. Kowlzan, CEO of PCA. "For the year, our earnings were up 60 percent over 2012’s record earnings, and we have been able to pay down $150 million in debt since the acquisition."

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center