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PCA CEO says $5.2B worth of investments will pay off in 2026
Packaging Corporation of America (PCA) CEO Mark Kowlzan stated that the company’s $5.2 billion investments over the last decade are now paying off, with a significant increase in January corrugated shipments. He detailed plans for integrating acquired mills, installing gas turbines to gain energy independence, and expressed optimism about nearshoring in the U.S. despite some setbacks from winter storms. PCA aims to fully implement a $70 per ton price increase for containerboard.