On Monday, April 9th, Monica Driscoll pitched Packaging Corporation of America (NYSE: PKG) to add to the Materials Sector holdings. Packaging Corporation of America (PCA) is a manufacturer and distributor of container and packaging products used in shipping, packaging, and in-store advertising. PCA is the fourth largest producer of containerboard products in North America, and the nation’s third largest producer of uncoated freesheet paper. They sell to a diverse group of industries, including food, beverage, agricultural, retail, and wholesale. Monica believes that PCA is at the forefront of the packaging and paper industries. PCA has cornered its market share in both the North American containerboard and uncoated freesheet businesses, and will continue to grow by acquiring plants across the U.S. and expanding into Hong Kong and Ontario. Additionally, PCA has set strong sustainability practices and codes with focuses on sustainable forestry, continuous recycling, and renewable resources. Monica envisions that the demand for PCA’s container products will steadily increase given the rise of e-commerce and global shipping. Monica proposed to purchase 30 shares of PKG and sell 60 shares of XLB, the Materials Sector ETF. The motion passed.