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Tenneco, Inc. (formerly Tenneco Automotive and originally Tennessee Gas Transmission Company) is an automotive components original equipment manufacturer and an aftermarket ride control and emissions products manufacturer. It is a Fortune 500 company that was publicly traded on the New York Stock Exchange since November 1999 until it was taken ...
Pactiv Evergreen was created in 2020 through the initial public offering of Reynolds Group Holdings Limited (RGHL). [1] Both Pactiv and Evergreen Packaging were predecessor companies previously acquired to become part of Reynolds Group Holdings. Pactiv’s roots stretch back to 1959, when Central Fibre, American Boxboard, and Ohio Boxboard ...
Tenneco was named one of the 100 Best Managed Companies in the World four times during his tenure. [5] At Tenneco he was elected chairman of both the Business Roundtable (1998–1999) and the National Association of Manufacturers (1994–1995). Before Tenneco, Mead was executive vice president and a member of the board at International Paper. [6]
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The company let go 500 employees and in September 2012, announced plans to lay off 200 more salaried employees. [29] In addition, the company announced it would close its Garland, Texas manufacturing facility by mid-2013, resulting in the loss of 900 jobs. [ 30 ]
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The company was founded in 1959 by the consolidation of three companies and was eventually acquired by Tenneco in 1965. [4] In November 1995, the company's name was changed to Tenneco Packaging Inc.; in 1999, a new entity re-established the name Packaging Corporation of America.
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