PKG · 10-Q · 2026Q3 · Full report

Headcount / Restructuring

PACKAGING CORP OF AMERICA · 2026-11-05 · Importance 77 · Surprise 82 · Matches filing data

PCA recorded $96 million of special-item expense in the first nine months of 2026, compared with $9 million in the same 2025 period. The 2026 charges included $60 million for discontinuing the No. 2 machine and kraft pulping facilities at the Wallula, Washington mill, as well as facility closure costs, acquisition and integration costs, and damage from a corrugated-products facility fire. Wallula restructuring charges were $9.3 million in the nine-month other-expense table, while the $60 million special-item disclosure reflects the announced discontinuation costs used in the earnings reconciliation. Third-quarter special items totaled $12.5 million before tax, including $6.2 million of facility closure and other costs, $3.0 million of acquisition and integration costs, and $3.0 million related to the facility fire.

Key facts

• PCA recorded $60.0 million of charges in the first nine months of 2026 related to the announced discontinuation of the No. 2 machine and kraft pulping facilities at its Wallula, Washington mill. source

Impact estimates