Pactiv Corporation

Overview

Pactiv Corporation: Revolutionizing the Food Packaging Industry

When it comes to food packaging and foodservice products, Pactiv Corporation stands head and shoulders above the competition. As the world's largest manufacturer and distributor in this industry, Pactiv has been supplying packers, processors, supermarkets, restaurants, institutions, and foodservice outlets across North America since its inception in 1965.

Pactiv's commitment to continuous innovation has been the driving force behind its success. The company's unwavering focus on producing and distributing the highest quality foodservice packaging products has earned it a stellar reputation in the industry. With an extensive product line that includes custom and stock foam, plastic, aluminum, pressed-paperboard, PE coated board, and molded-fiber packaging, Pactiv caters to the diverse needs of its customers.

One of the key factors that sets Pactiv apart is its impressive client roster. The company supplies every major foodservice retailer and distributor in North America, including renowned names such as McDonald's, Wendy's, Burger King, Walmart, Kroger, and Tim Horton's. This extensive network of clients not only speaks volumes about Pactiv's credibility but also provides its employees with a unique opportunity to work with some of the biggest players in the industry.

Over the years, Pactiv has undergone strategic mergers and corporate realignments to expand its portfolio of products and customer base. These efforts have solidified its position as an industry leader and have allowed the company to continuously add value to its foodservice products and processes. Pactiv's dedication to innovation ensures that its employees are always at the forefront of cutting-edge advancements in the industry.

Pactiv's journey began in 1965 when it was acquired by Tenneco Inc., a division of the Fortune 500 company Tenneco. The company experienced steady growth, leading to its spin-off as Pactiv Corporation in 1999. Later that year, Pactiv began trading publicly on the New York Stock Exchange under the ticker symbol PTV. In 2010, Pactiv became a privately held firm once again when it was acquired by Reynolds Group Holdings, a global manufacturer and supplier of consumer food and beverage packaging and storage products.

With its world headquarters located in Lake Forest, Illinois, Pactiv oversees global operations that span across more than 50 manufacturing plants, mixing centers, and distribution centers. This vast network of facilities provides employees with ample opportunities for growth and advancement within the company. Pactiv's commitment to its employees' professional development is evident in its investment in training programs and career advancement initiatives.

Working at Pactiv Corporation is an exciting prospect for employees. The company's position as the industry leader, its impressive client roster, and its commitment to continuous innovation all contribute to a dynamic and stimulating work environment. Employees have the opportunity to work with top-tier clients, collaborate with industry experts, and contribute to groundbreaking advancements in food packaging and foodservice products.

Furthermore, Pactiv's global presence and extensive network of facilities offer employees the chance to explore diverse career paths and expand their skill sets. The company's emphasis on professional development ensures that employees are equipped with the necessary tools and knowledge to excel in their roles.

In conclusion, Pactiv Corporation's unwavering commitment to innovation, its impressive client roster, and its global operations make it an exciting place to work. Employees have the opportunity to be part of a company that is revolutionizing the food packaging industry and shaping the future of foodservice products. With its focus on continuous improvement and employee development, Pactiv Corporation is undoubtedly a top choice for those seeking a rewarding and fulfilling career in this field.