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Fast-paced Momentum Stock Pactiv Evergreen Inc. (PTVE) Is Still Trading at a Bargain

Messaging from Pactiv-Evergreen implies it aims to sell the shuttered Canton paper mill, providing town with hope that new ownership could one day restart operations; company stands to gain significant tax, resource, liability benefits by selling property

Practiv Evergreen will hold job fair on Jan. 31 for its facility in Raleigh, North Carolina; event is for all positions in manufacturing

North Carolina officials in ongoing talks with Pactiv Evergreen about whether state will take back US$12M in economic incentives the mill received; Pactiv closed mill in May 2023, in breach of state grant that required 800 full-time employees for 10 years

Ongoing carton shortage in US--attributed to Pactiv Evergreen closing its facility in Olmsted Falls, Ohio--continues to pose challenges for dairies, schools; Pactiv is now delivering brandless cartons as part of efforts to simplify the supply chain

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