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Packaging Corporation of America10-Q: Restructuring

PKG continues to close corrugated products facilities, incurring $2.9M in costs.

What happened

The company is actively optimizing its manufacturing footprint by closing facilities, an activity also seen in the prior year. This ongoing restructuring creates needs for logistics optimization, asset management, and workforce planning solutions.

Source

SEC EDGARMay 8, 2026

Quarterly report (Form 10-Q)

Packaging Corporation of America 10-Q

Filing excerpt

For the three months ended March 31, 2026 and March 31, 2025, includes $2.9 million and $5.9 million, respectively, of charges consisting of closure costs related to corrugated products facilities.

sec.gov/Archives/edgar/data/75677/000119312526213675/pkg-20260331.htmRead the full source

Other signals in this filing (6)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Restructuring

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
May 8, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$2.9M (Closure costs for corrugated products facilities in Q1 2026)

Details

CIK
75677
Accession number
0001193125-26-213675
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Change management needs
Signal category
Workforce

Extraction

Confidence
High
Relevance
70%
Sentiment
Negative
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
restructuring

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/f4ed0a4f-f8f5-4453-a43f-a96b2c68dc01 returns this record as JSON. POST /v1/companies/enrich returns every signal for packagingcorp.com.

{
  "signal_id": "f4ed0a4f-f8f5-4453-a43f-a96b2c68dc01",
  "signal_type": "sec-10q",
  "signal_subtype": "restructuring",
  "detected_at": "2026-05-12T09:24:58.34+00:00",
  "company": {
    "name": "Packaging Corporation of America",
    "domain": "packagingcorp.com"
  },
  "data": {
    "detail": "The company is actively optimizing its manufacturing footprint by closing facilities, an activity also seen in the prior year. This ongoing restructuring creates needs for logistics optimization, asset management, and workforce planning solutions.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Closure costs for corrugated products facilities in Q1 2026",
      "dollar_millions": 2.9
    },
    "summary": "PKG continues to close corrugated products facilities, incurring $2.9M in costs.",
    "excerpts": "For the three months ended March 31, 2026 and March 31, 2025, includes $2.9 million and $5.9 million, respectively, of charges consisting of closure costs related to corrugated products facilities.",
    "relevance": 0.7,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/75677/000119312526213675/pkg-20260331.htm",
    "filing_date": "2026-05-08",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Change management needs",
    "signal_category": "workforce"
  }
}

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