Introduction
Packaging Corporation of America (NYSE:PKG) is a producer of container board and packaging products. The company operates in two segments. The first is its Packaging segment which produces a wide variety of corrugated cardboard products and multi-colored boxes. This is their main business which accounted for 84% of revenues. The second segment is Paper, which is the third largest manufacturer of white paper and accounted for 16% of revenues.
Packaging Corporation is a company with a history of growth which is expected to slow heading into 2020. The company is experiencing increased