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With a market cap of $19 billion, Packaging Corporation of America (PKG) is the third-largest producer of containerboard and a leading producer of uncoated freesheet paper in North America. The company operates through two main segments: Packaging and Paper, offering a wide range of corrugated packaging products, commodity and specialty papers, and communication papers.
Companies valued at more than $10 billion are generally considered “large-cap” stocks, and Packaging Corporation fits this criterion perfectly. With a strong manufacturing and sales network, PCA serves diverse industries including food, beverages, retail, and industrial markets across the United States.