PKG · 10-Q · 2026Q2 · Full report

Manufacturing and Capacity

PACKAGING CORP OF AMERICA · 2026-08-07 · Importance 25 · Surprise 32 · In source text

PCA operates ten mills and 90 corrugated-products manufacturing plants, while its containerboard system produced approximately 1.415 million tons in the second quarter of 2026. Containerboard inventory increased 9.9% year over year, primarily reflecting the acquired operating footprint, but declined 5.3% sequentially from the first quarter. Production is expected to increase in the third quarter with one additional operating day, fewer annual maintenance outages, and improved containerboard-mill operating performance. The Paper segment’s single mill is scheduled for a third-quarter maintenance outage, which is expected to reduce volume while increasing outage expense.

Key facts

• PCA expects packaging mill production will be higher in Q3 2026 with one more operating day and lower impact to production from maintenance outages, with fewer mills having annual outages, and expects mill maintenance outage expenses to be lower in total and in the Packaging segment and higher in the Paper segment. source
• The Greif containerboard business includes two containerboard mills with approximately 800,000 tons of production capacity and eight sheet feeder and corrugated plants located across the United States. source
• Containerboard production in the second quarter of 2026 was approximately 1,415,000 tons, and containerboard inventory was down (5.3%) compared to the first quarter, and up 9.9% compared to the second quarter of 2025, primarily due to the acquisition. source
• PCA operates ten mills and 90 corrugated products manufacturing plants in the United States. source

Impact estimates