Founded in 1965 Pactiv, LLC is a world leading manufacturer and distributor of packaging and foodservice products to restaurants, supermarkets, and food processors with approximately 12 000 employees worldwide and revenues of over 3 5 billion Pactiv offers a comprehensive range of products including tableware items, clear plastic containers, foam containers, paperboard containers, aluminum containers, microwaveable containers, clear rigid trays, absorbent tray pads and plastic film Pactiv serves a large blue chip customer base from over 50 manufacturing and distributions facilities located primarily across North America Pactiv is a wholly owned subsidiary of Pactiv Evergreen, Inc and has an S&P credit rating of B+.