Article4 min read Sep 15, 2025PCA/Greif Deal Continues Industry Trend of ConsolidationPackaging Corporation of America's $1.8 billion acquisition of Greif's containerboard business marks a significant consolidation move in the North American packaging industry. The all-cash transaction includes two mills with 800,000 tons capacity, seven CorrChoice sheet feeder locations, and one box plant, positioning PCA as the third-largest containerboard producer. Industry veterans will appreciate the strategic synergies: $60 million in pre-tax benefits within two years through operational efficiencies, improved integration, and reduced transportation costs. Combined with International Paper's DS Smith acquisition and Smurfit Westrock's merger, these three deals represent $20 billion in M&A activity, creating enhanced market consolidation and potential pricing power for the top three companies controlling 65% of regional containerboard capacity.
Article1 min read Feb 20, 2025International Paper to Close Red River Containerboard Mill, Along with Other Facilities Across USInternational Paper announced the permanent closure of the company's Red River containerboard mill in Campti, Louisiana; a recycling plant in Phoenix, Arizona; a box plant in Hazleton, Pennsylvania, and a sheet feeder facility in St. Louis, Missouri.
Article7 min read Sep 17, 2024State of the Global Corrugated IndustryRemaining aware of global challenges will be key to competing on a dynamic global stage. Here’s an update on four industry hotspots around the world.