NYSE:PKGPackaging
Packaging Corporation of America (PKG): Valuation Check After Wallula Mill Capacity Cuts and Cost-Saving Overhaul
Packaging Corporation of America (PKG) just made a big operational call at its Wallula mill, permanently closing one paper machine and kraft pulping. The move cuts capacity but targets meaningfully lower costs and better long term earnings power.
See our latest analysis for Packaging Corporation of America.
The restructuring news lands after a choppy stretch for the stock, with a 1 month share price return of 3.98 percent but a weaker year to date share price return of negative 8.95 percent...