DOCSLIB.ORG

Packaging Corporation of America | 2018 Annual Report Packaging Corporation of America Is an Ideas and Solutions Company

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Packaging Corporation of America | 2018 Annual Report Packaging Corporation of America Is an Ideas and Solutions Company Packaging Corporation of America | 2018 Annual Report Packaging Corporation of America is an ideas and solutions company. Our Packaging segment is known for its expertise in the manufacturing and sales of containerboard and corrugated products, and our Paper segment (Boise Paper) produces and sells consumer-brand office and business papers. Together, we are focused on bringing value to a growing number of customers around the world. PCA is a large company with a small-company feel. As a result of strategic planning and positioning, our customers enjoy wide-ranging resources and economies of scale, as well as responsive service in the right place at the right time. PCA’s common stock is listed on the New York Stock Exchange under the ticker symbol PKG. Full-Line Plants Sheet/Specialty Plants Hexacomb Plants Tharco Distribution Centers Full-Line Plants Packaging and Sheet/Specialty Plants Full-LineSupply Centers Plants Hexacomb Plants Full-Line Plants Sheet/SpecialtySheet Feeder Plants Tharco Distribution HexacombCreativeFull-Line DesignPlants Plants Centers CentersSheet/Specialty Plants The PCA Packaging and Services Network TharcoFulfillmentSheet/Specialty Distribution Centers Plants Hexacomb Plants Hexacomb Plants Full-Line Plants PackagingTharco Distribution and Centers Sheet/Specialty Plants Tharco Distribution Full-Line Plants SupplyCenters Centers PackagingTechnicalFull-Line Plants Center and Full-Line Plants Sheet/Specialty plants HexacombHexacomb plants Plants Sheet Feeder ContainerboardCenters Mills Full-Line Plants Sheet/Specialty Plants Sheet Feeder SupplyContainerboardSheet/Specialty Centers MillsPlants Arlington,Sheet/Specialty TX Plants Nampa, ID Akron,Hexacomb OH Plants Arlington,Tharco Distribution TX Waco,CreativePackaging TX Design and Centers Counce,WhiteHexacombPackaging Paper TN andPlants Mills Ashland, OH New Oxford, PA Atlanta, GA Auburn, WA Supply Centers DeRidder,SheetFull-Line Feeder LA Plants Atlanta,Hexacomb GA Plants Carrollton,Tharco Distribution TX Denver,Centers CO Fulfillment Centers FilerTharcoSupply City, Centers Distribution MI New Oxford Specialty, PA Sheet Feeder CreativeSheet/Specialty Design Centers Plants Burley,Tharco ID Distribution Newark, OH Chelmsford,Centers MA Farmville,Packaging NC and Tomahawk,FulfillmentCentersSheet Feeder WI Centers Burlington, WI Newberry, SC Cheswick, PA Kalamazoo, MI CreativeCreative Design Design Centers Centers Valdosta,Hexacomb GA Plants Centers Packaging and Supply Centers Technical Center ResourceCreative Design and Support Centers Centers Chicago, IL Northampton, MA Chicago Sheet, IL North Haven, CT Bentonville,Fulfillment AR Centers Wallula,FulfillmentPackagingTharco WA Distribution and Centers Columbus, IN Chicago Specialty, IL Santa Fe Springs, CA Bentonville,Containerboard AR (Englander) Mills Administrative Offices Packaging and Omaha, NE Supply Centers Sheet Feeder Full-Line Plants TechnicalSupply Centers Center Denver, CO Pearl, MS City of Industry, CA Trenton, IL BuffaloWhite PaperGrove, Mills IL (Hexacomb) Centers Supply Centers Sheet Feeder Creative Design Centers Sheet/Specialty Plants CorporateContainerboard Headquarters Mills Denver East, CO Phoenix, AZ Conrad, IA Tillsonburg,Full-Line Plants ON, Canada FairTechnical Lawn, NJCenter SheetTechnical Feeder Center Sheet Feeder Creative Design Centers Fulfillment Centers WhiteWhitePackaging Paper Paper Mills and Mills Garland, TX Plano, TX Donna, TX Sheet/Specialty Plants Fairfield, HexacombContainerboard OH Plants Mills CreativeContainerboard Design MillsCenters GasCreative City, IN Design Centers Plymouth, MI Edmore,Fulfillment MI Centers Hackettstown, NJ International Falls, MN Full-LineHexacomb Plants Plants TharcoWhiteFull-Line Paper Distribution Plants Mills FulfillmentWhiteSupply Paper Centers MillsCenters GoldenFulfillment Valley, Centers MN Reading, PA El Paso, TX Technical Center Hershey,ResourceCenters PA and Support CentersJackson,Sheet Feeder AL Grandville, MI Richmond, VA Fairfield, OH TharcoSheet/SpecialtyTharco Distribution Distribution Plants Mooresville, Sheet/Specialty NC Plants Harrisonburg, VA Salem, OR Franklin,Technical WI Center Containerboard Mills Providence,Administrative RI Offices CenterHexacombCenters Plants PackagingHexacomb andPlants ResourceTechnicalCreative Designand Center Support Centers Centers HoneaTechnical Path, Center SC Salisbury, NC Gallatin,Containerboard TN Mills Phoenix,White Paper AZ Mills SouthCorporate Gate, CAHeadquarters AdministrativeFulfillment Centers Offices Jackson, TN Salt Lake City, UT Hanover, PA Tharco Distribution HongResourceSupplyTharco Kong Centers Distribution and Support CentersResourceResourceContainerboard and and Support Support Mills Centers Containerboard Mills White Paper Mills Packaging and Jacksonville, FL Salt Lake City North, UT High Point, NC Centers AdministrativeSheetCenters Feeder Offices CentersCorporateAdministrativeWhite Paper Headquarters Mills Offices Kingsburg,White Paper CA Mills San Lorenzo, CA Huntsville, AL Supply Centers HoneaTechnical Path, Center SC CorporateCreativePackaging Design Headquartersand Centers Corporate Headquarters Lancaster, PA Syracuse, NY Knoxville, TN PackagingPackagingResourceSheet Feeder and and and Support Centers WinterContainerboard Haven, FL Mills Los Angeles, CA Trexlertown, PA Miami Gardens, FL SupplySupply Centers Centers FulfillmentFulfillmentSupply Centers Centers Centers Marshalltown, IA Vincennes, IN OliveResource Branch, and MS Support CentersAdministrativeCreative Design Offices Centers Ashland, OH White Paper Mills Liverpool, NY Sheet Feeder Marshfield, WI Waco, TX Opelika, AL SheetCorporateFulfillment Feeder Headquarters Centers Atlanta, GA Resource and Support Centers Resource and Support Centers Administrative Offices Manheim, PA TechnicalCreative Design Center Centers McClellan, CA Wallula, WA Roanoke, VA Miami,Creative FL Design Centers Hanover, PA AdministrativeAdministrative Offices Offices Miami,Administrative FL Offices Winter Haven, FL Rutherfordton,Corporate Headquarters NC Containerboard Mills Orlando,Fulfillment FL Centers Fulfillment Centers Boise,Corporate ID Headquarters Middletown,Corporate Headquarters OH Salt Lake City, UT SaltTechnical Lake City, Center UT White Paper Mills Resource and Support Centers Milwaukee, WI San Bernardino, CA Thomasville,Containerboard GA Mills Minneapolis, MN Seattle, WA TechnicalTechnical Center Center Administrative Offices Vista,TechnicalWhite CA Paper Center Mills Morganton, NC South Gate, CA Westfield,Containerboard MA Mills Mundelein,Containerboard IL Mills CorporateCorporate Headquarters Headquarters Sparks, NV Winchester, VA Lake Forest, IL Tampa, FL White Paper Mills ResourceWhite Paper and Mills Support Centers Traverse City, MI Administrative Offices Valley Forge, PA Resource and Support CentersCorporate Headquarters Waco, TX ResourceAdministrative and Support Offices CentersResource and Support Centers AdministrativeCorporate Headquarters Offices Administrative Offices Corporate Headquarters Corporate Headquarters PCA is the third largest producer of containerboard and corrugated products in North America. We manufacture many grades of kraft linerboard and corrugating medium at our containerboard mills and produce a wide variety of corrugated containers and displays at our converting facilities. Boise Paper is the third largest producer of uncoated freesheet in North America. Our team is dedicated to providing high-quality products, outstanding customer service and industry-leading supply chain performance, with a product portfolio that includes office papers and printing and converting papers. CANADA CHINA Hong Kong To Our Shareholders: The past year has been one of continued progress at PCA. Our goal has always been to be the best rather than the biggest, and we have worked diligently for the last two decades to consistently be among the best performing companies in the Paper & Packaging industry. Throughout the years, our low-cost Our low-cost mills, organic box volume mills, organic box volume growth and strategic box plant growth and strategic box plant acquisitions acquisitions have helped to create significant long-term have helped to create significant value for our shareholders. long-term value for our shareholders. As PCA grows and delivers results for our stakeholders, our Packaging division continues to build upon our long history of excellence in designing, engineering and manufacturing containerboard and corrugated products. Our Boise Paper division delivers Quality You Can Trust™ into offices and homes every day, with an emphasis on the highest level of customer service and operational excellence. The cornerstone of our business is the relationship between our customers and our employees, and our success is made possible by a highly engaged, results-oriented workforce operating in an entrepreneurial culture. We work to build strong relation- ships by adding value to our customers’ businesses and PCA is led by a well-recognized, actively contributing to their success in the marketplace. strong management team with “best in class” performance. PCA is led by a well-recognized, strong management team with “best in class” performance. We are proud of our industry recognitions, which are a reflection of the quality of our leadership teams that work hard to deliver on our promises every day. These teams deliver exceptional results driven by efficient operations, strong sales volume growth and excellent market execution. 2018 was the third consecutive year of record earnings per share at PCA, both
Load more

Recommended publications
  • Distribution Merger Challenges at the FTC
    Distribution Merger Challenges at the FTC By Scott Sher, Jamillia Ferris, Michelle Hale, and Jordanne Miller In recent years, the Federal Trade Commission (FTC) has launched significant investigations into mergers between distributors, with the merging parties resolving the FTC’s concerns through consent, by abandoning the transaction entirely, or litigating the FTC’s requests for injunction through judgment.1 This precedent provides valuable insight into how the FTC analyzes such mergers. Distribution mergers raise important and oftentimes complex competition concerns that require careful analysis of market structure and the likely competitive effects for particular classes of customers. Different distribution channels can sell precisely the same product but not actually compete against each other, because the idiosyncratic characteristics of one channel disqualify it as an option for a particular group of customers. The analysis below synthesizes key factors considered by the FTC in distribution mergers spanning the past two decades, including the FTC’s more recent focus on acquisitions of disruptive distributors. These factors are essential for counsel to assess and proactively address to avoid a costly FTC challenge and likely death knell to a proposed distribution merger. Three Kinds of Distribution Merger Reviews Historically, the FTC investigated whether consolidation of firms with similar distribution footprints and characteristics raised competition concerns. More recently, the FTC also has investigated and challenged transactions where a dominant distributor acquired a nascent competitor who challenged the incumbent’s distribution methodology with an alternative that threatened to disrupt the market for the better. For purposes of this article, we refer to the former as Traditional Distribution Channel (Traditional DC) mergers and the latter as Disruptive Distribution Channel (Disruptive DC) mergers.
    [Show full text]
  • (Chicago MSA) 260 E Rollins Road Round Lake Beach, IL 60073
    CVS - PROSPECT,OfficeMax CT - Round Lake Beach, IL (Chicago MSA) NET LEASENET OPPORTUNITYLEASED INVESTMENT OFFERING Representative Photo Representative Photo OfficeMax (Chicago MSA) 260 E Rollins Road Round Lake Beach, IL 60073 Randy Blankstein |President Jimmy Goodman |Partner 847.562.0003 www.bouldergroup.com 847.562.8500 [email protected] [email protected] CVS - PROSPECT,CONFIDENTIALITY CT & DISCLAIMER NET LEASE OPPORTUNITY CONFIDENTIALITY & DISCLAIMER The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not made any investigation, and makes no warranty or representation. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided.
    [Show full text]
  • In the United States District Court for Northern District of Illinois Eastern Division
    Case: 1:11-cv-03752 Document #: 1 Filed: 06/02/11 Page 1 of 7 PageID #:1 IN THE UNITED STATES DISTRICT COURT FOR NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION SELECT RETRIEVAL, LLC, : Civil Case No. 11-3752 : Plaintiff : : v. : : : ABT ELECTRONICS, INC., : ACE HARDWARE CORP., ACTION : VILLAGE, LLC, CALUMET : PHOTOGRAPHIC, INC., CHELSEA & : SCOTT, LTD., EUROMARKET : DESIGNS, INC., d/b/a CRATE AND : BARREL, FANSEDGE INC., : OFFICEMAX, INC., OPTICSPLANET, : INC., SEARS HOLDINGS CORP., : WALGREEN CO., WHITNEY : AUTOMOTIVE GROUP, INC., W.W. : GRAINGER, INC., ULTA SALON, : JURY TRIAL DEMANDED COSMETICS & FRAGRANCE, INC. : : : Defendants. : COMPLAINT Plaintiff Select Retrieval, LLC (“Select Retrieval” or “Plaintiff”), by way of Complaint against defendants Abt Electronics, Inc., Ace Hardware Corp., Action Village, LLC, Calumet Photographic, Inc., Chelsea & Scott, Ltd., Euromarket Designs, Inc., d/b/a Crate and Barrel, Fansedge Inc., Officemax, Inc., OpticsPlanet, Inc., Sears Holdings Corp., Walgreen Co., Whitney Automotive Group, Inc., W.W. Grainger, Inc., ULTA Salon, Cosmetics & Fragrance, Inc. (collectively “defendants”), hereby alleges as follows: Case: 1:11-cv-03752 Document #: 1 Filed: 06/02/11 Page 2 of 7 PageID #:2 NATURE OF THE ACTION 1. This is an action for patent infringement arising under the Patent Laws of the United States, 35 U.S.C. § 101, et seq. THE PARTIES 2. Plaintiff Select Retrieval is a limited liability company organized under the laws of Texas with its principal place of business at 777 Enterprise Drive, Hewitt, Texas 76643. 3. Defendant Abt Electronics, Inc. is a corporation organized under the laws of Illinois with its principal place of business at 1200 N. Milwaukee Avenue, Glenview, Illinois 60025, and an agent for service of process at Frank R.
    [Show full text]
  • Whitestone REIT Enters Chicago Market Through Acquisition of Upscale Mixed-Use Property; Chairman Makes Substantial Investment in REIT
    Company Release - 01/21/2009 16:00 Whitestone REIT Enters Chicago Market Through Acquisition of Upscale Mixed-Use Property; Chairman Makes Substantial Investment in REIT HOUSTON, Jan. 21, 2009 (GLOBE NEWSWIRE) -- Whitestone REIT, a public, non-traded community business center real estate investment trust, today announced that Midwest Development Venture IV ("MDV IV"), an Illinois limited partnership controlled by James C. Mastandrea, Whitestone's Chairman and CEO, has invested approximately $3.6 million in the Company through a transfer of equity in Spoerlein Commons, a commercial retail/office property located in Buffalo Grove, Illinois, a Chicago suburb. Mr. Mastandrea is the majority owner and controlling partner of MDV IV. The contribution of the property to Whitestone REIT Operating Partnership in exchange for partnership units fulfills Mastandrea's prior stated commitment to invest in Whitestone REIT. The total purchase price paid by Whitestone was $9,401,000, and was paid in the form of $5.5 million in cash and 703,912 units of Whitestone Operating Partnership ("OP Units"). No dividends will be paid on the OP Units prior to June 30, 2009. Because of Mr. Mastandrea's relationship with both buyer and seller, a special committee comprised of three independent members of Whitestone REIT's Board of Trustees represented the purchaser, including Jack Mahaffey, Don Keating, and Chris Minton. The special committee determined the terms of the transaction and was assisted by an independent appraisal firm in determining the value of the property.
    [Show full text]
  • Global Forum 2018 Attendee Profiles
    Global Forum 2018 Attendee Profiles Ric Andersen Vice President and General Manager The HON Company Ric Andersen leads HON’s strategic growth priorities as well as HON’s Project Advantage Business. His responsibilities include: leading digital and brand marketing efforts, directing product design and development efforts and leading the HON organisation’s sales team while accelerating aggressive profitable growth across HON’s business. Ric joined the HNI organisation in 2004 as VP Marketing and Sales at The Gunlocke Company. In 2008, he transitioned to The HON Company. Casey Avent President Smead Manufacturing Company Casey Avent joined Smead Manufacturing Company in 1996 and has held a variety of positions over the years. After starting his career in marketing, he moved into the sales department as a Territory Sales Representative in the North Texas area. In 2007 he accepted a position on the operations side of the business as Director of Supply Chain, and then spent several years as National Account Manager for the company’s S&W Manufacturing subsidiary. In 2013 Casey returned to Smead headquarters as VP of Sales. He was promoted to President in 2016. Janet Bell Director OPI Janet Bell has been working in the office products sector for 18 years. She joined OPI in 2000, running its international events across Europe, Asia and the US. She became Director in 2006 following a management buyout and, along with the events, she now oversees OPI’s operational and marketing activities and its online presence. In addition, she is a board member of Office Products Women in Leadership and is keen to support the role of women in the OP sector.
    [Show full text]
  • ORDER Denying 51 Select Retrieval, LLC's Motion to Dismiss
    Adobe Systems Incorporated v. Select Retrieval, LLC Doc. 68 1 2 3 4 5 6 7 8 UNITED STATES DISTRICT COURT 9 SOUTHERN DISTRICT OF CALIFORNIA 10 11 ADOBE SYSTEMS ) Case No. 3:12-cv-2342-GPC-WMC INCORPORATED, a Delaware ) 12 Corporation, ) ORDER DENYING SELECT ) RETRIEVAL, LLC’S MOTION 13 Plaintiff, ) TO DISMISS PLAINTIFF ADOBE v. ) SYSTEM INCORPORATED’S 14 ) FIRST AMENDED COMPLAINT SELECT RETRIEVAL, LLC, a Texas ) FOR DECLARATORY 15 Limited Liability Corporation, ) JUDGMENT ) 16 Defendant. ) (ECF NOS. 51, 55) ) 17 18 INTRODUCTION 19 Before the Court in this patent case is defendant Select Retrieval, LLC’s (“Select 20 Retrieval”) Motion to Dismiss plaintiff Adobe System Incorporated’s (“Adobe”) 21 currently operative First Amended Complaint (“FAC”) pursuant to the first-to-file rule. 22 (ECF Nos. 51, 54.) Adobe has filed a response in opposition, (ECF No. 59), and Select 23 Retrieval has filed a reply, (ECF No. 65). The Court find’s Select Retrieval’s Motion 24 to Dismiss suitable for disposition without oral argument. See CivLR 7.1.d.1. Having 25 considered the parties’ submissions and the applicable law, and for the reasons that 26 follow, the Court will DENY Select Retrieval’s Motion to Dismiss. 27 / / / 28 / / / 3:12-cv-2342-GPC-WMC Dockets.Justia.com 1 BACKGROUND 2 Adobe filed this case on September 25, 2012,1 following Select Retrieval’s 3 decision to sue several of Adobe’s customers for infringement of U.S. Patent No. 4 6,128,617 (“‘617 patent”) and U.S. Patent No. 5,953,724 (“‘724 patent”).
    [Show full text]
  • Chicago's Competition
    STATE SURVEY: ILLINOIS James Mutchnik Robert Bloch Tom Frederick Amy Manning Chicago’s competition bar Over the past few years, Chicago’s federal court has become one of the busiest antitrust litigation forums in the country. Ron Knox meets the Windy City’s leading competition lawyers HANDFUL of decisions handed down recently by the Seventh says Kirkland & Ellis partner James Mutchnik PC, who is nominated Circuit court of appeals have fuelled the perception that to The International Who’s Who of Competition Lawyers and Chicago is a fitting home for courtroom warriors embroiled Economists. in some of the largest and most complex antitrust cases in The changes do not end there. Two years ago, Kirkland & Ellis Athe country. Practitioners here predict a future where even more began transitioning from separate (albeit good) offices and antitrust plaintiffs’ lawyers set up shop or expand their practices, putting teams around the country to a truly integrated national practice. more cases before Chicago courts and calling the prominent defence Before, Mutchnik says, the practice was a vertical one for the most bar into action. part. “We’re beyond that now,” he says. The firm has now identified Of course, Chicago firms still handle their share of mergers and and connected a core team of litigators from each office to help government investigations. But many antitrust practices here rank boost its private antitrust litigation ability. Partner Daniel Laytin themselves and their competitors by the number of multi-district leads the way in Chicago and says that with the firm’s client base litigations (MDLs) they’re involved in.
    [Show full text]
  • Proposed Findings of Fact and Conclusions of Law of Plaintiffs
    Case 1:15-cv-02115-EGS Document 444 Filed 04/20/16 Page 1 of 1 IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA FEDERAL TRADE COMMISSION, et al., Plaintiffs, v. Civil Action No. 1:15-cv-02115-EGS STAPLES, INC. and OFFICE DEPOT, INC., Defendants. NOTICE OF FILING REDACTED DOCUMENT Plaintiffs hereby provide notice of the filing of the redacted version of Plaintiffs’ Proposed Findings of Fact and Conclusions of Law. Dated: April 20, 2016 By: /s/ Tara Reinhart Tara Reinhart (D.C. Bar No. 462106) Charles A. Loughlin (D.C. Bar No. 448219) Bureau of Competition Federal Trade Commission 400 Seventh Street, S.W. Washington, D.C. 20024 Attorneys for Plaintiff Federal Trade Commission Case 1:15-cv-02115-EGS Document 444-1 Filed 04/20/16 Page 1 of 106 IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA FEDERAL TRADE COMMISSION, et al., Plaintiffs, Civil Action No. 15-cv-2115-EGS v. PUBLIC VERSION STAPLES, INC. and OFFICE DEPOT, INC., Defendants. PLAINTIFFS’ PROPOSED FINDINGS OF FACT AND CONCLUSIONS OF LAW Case 1:15-cv-02115-EGS Document 444-1 Filed 04/20/16 Page 2 of 106 TABLE OF CONTENTS PLAINTIFFS’ PROPOSED FINDINGS OF FACT I. The Relevant Market Is the Sale and Distribution of Consumable Office Supplies to Large B-to-B Customers in the United States. ........................................................................1 A. The Relevant Market Is Properly Defined as the Sale and Distribution of Consumable Office Supplies to Large B-to-B Customers in the United States. ..............1 B. The Evidence Confirms that Consumable Office Supplies Is an Appropriate Cluster Market.
    [Show full text]
  • The Ohio Information Industry Information Industry Employment
    The Ohio Information Industry Information Industry Employment 600,000 The information industry (NAICS 51) includes 507,689 establishments engaged in the publishing 500,000 industries, including newspaper, software, and 400,000 book publishing, the motion picture and sound 303,816 300,000 249,505 recording industries, the radio and television 200,000 broadcasting industry, the telecommunications 106,754 industry, and ISPs and data processing. 100,000 0 CA NY TX OH Ohio’s Standing Source: County Business Patterns, 2002 •Ohio’s total establishments in the information industry increased from 3,541 in 1998 to 4,143 in 2002, accounting for 3% of the national total. Information Industry •Ohio’s paid employment in the industry rose from 102,414 workers in 1998 to 106,174 workers in 2002, which accounts for 3% of the national total. Establishments: •Compared to other states, Ohio ranks 8th in United States: 138,590 total establishments and ninth in the total Ohio: 4,143 number of paid employees. Percent of United States: 3% Annual Payroll ($1000) Overview of Main Sectors United States: 188,076,999 •Ohio’s publishing industry (NAICS 511) ranked 9th in total establishments (1,015), 10th Ohio: 4,824,410 th in total employees (36,722), and 13 in GSP Percent of United States: 2.6% ($3.4 billion). The top five states in the category were California, New York, Paid Employees Washington, Massachusetts, and Texas in United States: 3,536,120 2002. Ohio: 106,754 •Ohio’s broadcasting and telecommunications industry (NAICS 513) ranked ninth nationally Percentage of United States: 3% in total establishments (1,954), 11th in total employees (48,948), and 11th in GSP ($6.6 billion).
    [Show full text]
  • Illinois Tax Incentives Updated: January 29, 2014
    ILLINOISILLINOIS TAXTAX INCENTIVESINCENTIVES JANUARYJANUARY 22014014 COMMISSIONCOMMISSION ONON GOVERNMENTGOVERNMENT FORECASTINGFORECASTING & ACCOUNTABILITYACCOUNTABILITY Commission on Government Forecasting and Accountability COMMISSION CO-CHAIRS Senator Michael Frerichs Representative Jil Tracy SENATE HOUSE David Koehler Kelly Burke Matt Murphy Elaine Nekritz Chapin Rose Raymond Poe David Syverson Al Riley Donne Trotter Michael Tryon EXECUTIVE DIRECTOR Dan R. Long DEPUTY DIRECTOR Laurie L. Eby REVENUE MANAGER Jim Muschinske AUTHORS OF REPORT Eric Noggle Benjamin L. Varner EXECUTIVE SECRETARY Donna K. Belknap TABLE OF CONTENTS Illinois Tax Incentives Updated: January 29, 2014 PAGE Executive Summary i I. Introduction 1 II. Business Tax Expenditures 3 A. Sales Tax B. Individual Income Tax C. Corporate Income Tax D. Illinois Incentive Program Summaries E. Recent Legislation Impacting Tax Incentives III. Illinois Business-Related Statistics 31 A. Illinois Employment B. Fortune 500 Companies in Illinois C. Corporate Liability Stratification D. Corporate Income Tax Revenue History IV. Comparing Illinois to Other States 37 A. Tax Rates B. Overall State Government Tax Burden C. Incentive Programs Offered by States D. Business Climate Rankings by State 1. State Business Tax Climate Index 2. Small Business Policy Index 3. State Competitiveness Report 4. Economic Competitiveness Index E. What do the Rankings Tell Us? V. Business Site Selection Survey 62 VI. Opinions on the Effectiveness and Importance of Tax Incentives 65 EXECUTIVE SUMMARY It now has been five years since the “Great Recession” hit our country. And while the recovery has been sluggish, financial markets over the last couple of years have slowly climbed to surpass their pre-recession levels. But despite the notable increases in the financial markets, employment levels have been slow to follow.
    [Show full text]
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K
    Use these links to rapidly review the document TABLE OF CONTENTS Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Item 8. Financial Statements and Supplementary Data UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2011 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-11840 THE ALLSTATE CORPORATION (Exact name of registrant as specified in its charter) Delaware 36-3871531 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification No.) 2775 Sanders Road, Northbrook, Illinois 60062 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (847) 402-5000 Securities registered pursuant to Section 12(b) of the Act: Name of each exchange Title of each class on which registered Common Stock, par value $0.01 per share New York Stock Exchange Chicago Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes X No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No X Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Assignment 2
    College: LaGuardia Community College Course: Business 101 Instructor: Janice Karlen Text: Business, 10th Ed; Pride, Hughes, and Kappor Contents: Assignment 2 ..................................................................................................................................................2 Text for assignment 2 .................................................................................................................................3 Assignment 3 ..................................................................................................................................................10 High score..........................................................................................................................................11 Mid Score ...........................................................................................................................................12 Low Score ..........................................................................................................................................13 Text Excerpt for assignment 3 ................................................................................................................14 Syllabus for course.......................................................................................................................................20 *Assignment 1 for this course is not included in this packet because it is a multiple choice quiz. 1 of 26 Assignment 2: Sears/Kmart decision to close stores Students must find articles
    [Show full text]