| Business Summary | | Packaging
Corp.
of
America
produces
containerboard
and
corrugated
products.
In
2000,
the
Company
produced
about
2.2
million
tons
of
containerboard,
about
80%
of
which
was
consumed
in
its
corrugated
products
manufacturing
plants,
and
shipped
about
26.5
billion
square
feet
of
corrugated
products.
The
Company's
converting
operations
produce
a
wide
variety
of
corrugated
packaging
products,
including
conventional
shipping
containers
used
to
protect
and
transport
manufactured
goods.
The
Company
also
produces
multi-color
boxes
and
displays
designed
to
have
strong
visual
appeal,
in
order
to
help
merchandise
the
packaged
product
in
retail
locations.
Finally,
the
Company
is
a
large
producer
of
meat
boxes
and
wax-coated
boxes
for
the
agricultural
industry. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Packaging
Corp.
of
America,
produces
corrugated
containers
as
well
as
the
containerboard
used
to
manufacture
corrugated
containers.
For
the
six
months
ended
6/30/01,
revenues
fell
5%
to
$921.6
million.
Net
income
applicable
to
Common
before
accounting
change
rose
49%
to
$59.4
million.
Revenues
reflect
decreased
sales
volumes
and
prices
of
containerboard
and
corrugated
products.
Earnings
reflect
the
absence
of
$18.6
million
in
Preferred
Dividends. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Paul Stecko, 56 Chairman
and CEO | $1.8M | Richard West, 48 CFO,
VP, Sec. | 488K | William Sweeney, 60 Exec.
VP - Corrugated Products | 766K | Andrea Davey, 44 VP-HR | 284K | Mark Kowlzan, 46 VP
- Containerboard/Wood Products | 512K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|