Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through three segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. The Corporate and Other segment includes corporate support staff services and related assets and liabilities; and transportation assets, such as rail cars and trucks for transportation. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS
Packaging Corporation of America has announced layoffs affecting 110 employees at its Chesterfield facility. The decision comes as part of a restructuring effort, although specific reasons for the layoffs were not detailed in the announcement. This move reflects ongoing adjustments within the company as it navigates current market conditions. The layoffs are expected to impact various roles within the facility, but further details regarding the specific departments affected have not been disclosed. The company aims to streamline operations while maintaining its commitment to service and quality.
Packaging Corporation of America is planning layoffs at its Wallula mill as part of a restructuring of operations. The company has not specified the number of employees affected or the exact timeline for these layoffs. This decision comes amid efforts to streamline operations and improve efficiency at the facility. The Wallula mill has been facing challenges that necessitate these workforce adjustments. Further details regarding the impact on employees and the future of the mill operations are expected to be communicated soon.
Packaging Corporation of America is set to close its Wallula plant, leading to the loss of 200 jobs. The closure is a significant reduction in workforce at this facility, which has been a part of the company's operations. The decision reflects ongoing challenges in the paper manufacturing sector. Employees affected by this closure will be notified as the company moves forward with its plans. The layoffs are a direct result of operational adjustments within the company.
Packaging Corporation of America is set to lay off over 100 workers due to the closure of its manufacturing plant in Rowan County. This decision comes as part of the company's restructuring efforts, impacting the local workforce significantly. The layoffs are a direct result of the plant's closure, which has been announced to take effect shortly. The company has not specified the exact timeline for the layoffs, but the impact on employees and the community is expected to be substantial.
Packaging Corporation of America has announced the closure of its Richmond plant, resulting in the layoff of 110 workers. This decision is part of a strategic move to streamline operations and reduce costs. The layoffs are expected to take effect immediately as the facility ceases operations. The company has not specified any plans for future employment opportunities for the affected workers. This closure reflects broader challenges in the packaging industry, but specific reasons for this plant's closure were not detailed in the announcement.
Packaging Corporation of America has announced the closure of its Chesterfield plant, resulting in the layoff of approximately 36 employees. This decision comes as part of a broader restructuring effort within the company. The layoffs are set to take effect on October 1, 2023, as the company aims to streamline operations. The closure reflects ongoing challenges in the packaging industry and the need for the company to adapt to changing market conditions.
Packaging Corporation of America is set to lay off over 60 workers due to the closure of two sites in Lehigh County. The layoffs are part of a broader restructuring effort as the company consolidates its operations. A notice has been issued to employees, indicating that the job losses will take effect soon. This decision reflects the company's ongoing adjustments in response to market conditions and operational efficiency goals. The affected employees will be notified of their termination dates as the closure progresses.
Packaging Corporation of America (PCA) is set to close its full-line plant in Richmond, Virginia, resulting in the layoff of approximately 300 employees. This decision comes as part of PCA's restructuring efforts to streamline operations and improve efficiency. The closure is expected to take effect on October 1, 2023, impacting the local workforce significantly. PCA has cited market conditions and operational challenges as key factors influencing this decision. The company aims to focus on its core business areas while managing costs effectively during this transition.
Packaging Corporation of America has announced a partial shutdown of its paper plant located in Eastern Washington, resulting in the layoff of 200 employees. This decision comes as part of the company's efforts to streamline operations and respond to market conditions. The layoffs are effective immediately, impacting a significant portion of the workforce at the facility. The company has not specified the exact reasons for the shutdown but indicated that it is part of a broader strategy to enhance efficiency. This move reflects ongoing challenges in the industry and the need for companies to adapt to changing demands.
Packaging Corporation of America has announced the closure of its Washington facility, resulting in the layoff of 200 employees. This decision comes as part of a restructuring effort that will incur a significant charge of $205 million. The layoffs are part of the company's strategy to streamline operations and improve financial performance. The closure is expected to impact the local workforce significantly, as the facility has been a key part of the company's operations in the region. The layoffs are effective immediately, marking a substantial reduction in the company's workforce at this location.
Packaging Corporation of America (PCA) has announced the closure of facilities in Pennsylvania and North Carolina, leading to a total of 168 job losses. This decision reflects the company's ongoing restructuring efforts amid challenging market conditions. The layoffs are part of a broader strategy to streamline operations and improve efficiency. The affected employees will be notified as the closures take effect, with the company emphasizing its commitment to supporting those impacted during this transition.
Packaging Corporation of America has filed WARN notices indicating upcoming plant closures. The WARN notices suggest that the company is preparing for significant operational changes, which may lead to layoffs. While specific numbers of employees affected and exact dates for the planned layoffs have not been disclosed, the filing of WARN notices typically signals that the company is anticipating workforce reductions. The closures are part of a broader strategy that may impact various locations and departments within the company.
No one has shared a story from Packaging Corporation of Americ yet. Went through a layoff here? Your experience helps others feel less alone.
Share your story →We'll email you the moment a new layoff is reported here.