Packaging

PKG

Graphic Packaging International, Inc. (NYSE: GPK) is a Fortune 500 corporation based in Sandy Springs, Georgia, United States. It is a leading company in the design and manufacturing of packaging for commercial products. GPI manufactures paperboard and folding cartons for a wide range of popular consumer goods, particularly beverages and packaged food. The company operates mills in Kalamazoo and Battle Creek, Michigan, West Monroe, Louisiana, Augusta, Georgia , Texarkana, Texas and in Macon, Georgia, that uses recycled municipal wastewater in the manufacture of food grade cardboard and coated paper board. Its President and Chief Executive Officer is Michael P. Doss.

Packaging has been a target of short sellers for a while. The current short interest of 3.00% is roughly at the average of the last 12 months (3.63%).