MEADWESTVACO

'MeadWestvaco Corp.' is a consumer packaging solutions company based in Richmond, Virginia. It has approximately 24,000 employees. The company is headquartered in Richmond, Virginia.

Contents

Overview

Financial information

History

Environmental record

Foundation

See also

References

External links

Overview

MeadWestvaco provides packaging solutions and products to many of the world’s best-known companies and most-admired brands. With a presence in more than 30 countries, the company offers research, design, manufacturing and distribution capabilities that serve leaders in the food and beverage, media and entertainment, personal care, home and garden, cosmetics and healthcare industries. The company also has market-leading positions in its Consumer & Office Products and Specialty Chemicals businesses.
MeadWestvaco manages all of its forestlands in accordance with internationally recognized forest certification standards, and we have been selected for the Dow Jones Sustainability Indexes for a third consecutive year.
Its highly recognized consumer brands include Mead, AT-A-GLANCE, Day Runner,Cambridge, Columbian and Five Star. The company’s paperboard, package and paper brands include Carrier Kote, Custom Kote, Kraftpak, Printkote, Tango, Digipak, Amaray, Dosepak and Vision, and many more.
MeadWestvaco holds leading positions in the markets it serves through customer partnering, product innovation and brand recognition in all of its businesses. The company is committed to develop businesses that can produce above cost-of-capital returns on investment and, in doing so, create value for its shareholders.

Financial information

Financial Information
	2006	2005	2004
Net Sales (US$M)	6,530	6,170	6,060
Net Earnings (Loss) (US$M)	93	28	(349)

History

MeadWestvaco was formed in January 2002 as the result of a merger between 'Mead' Paper of Dayton, Ohio, and 'Westvaco' (originally the Piedmont Pulp and Paper Company and then The West Virginia Paper Company). In 2005, the Fine Papers business unit, including both Mead and Westvaco paper mills, was sold to the investment firm Cerberus Capital Management for about $2.3 billion. The new company is called NewPage Corporation and still operates in Dayton, OH.
The company owns large tracts of original Westvaco land in northern Greenbrier County, West Virginia. The company is relatively lenient regarding recreational land use by private citizens, including hunting, fishing, and the digging of ramps, and unimproved roads can be used to access the area from Anjean and Richwood. Westvaco, however, does not tolerate destruction of property or the use of ATVs.

Environmental record

MeadWestvaco was named to the Dow Jones Sustainability World Index in 2005, 2006 and 2007. The company was ranked as one of the World's Most Ethical Companies in 2007 by Ethisphere Magazine.

Foundation

MeadWestvaco makes financial and service contributions to health and human services, education, forestry and environment, civic, as well as arts and culture efforts. Learn more...MeadWestvaco Foundation

See also

References

External links

★ Company website

★ Yahoo.com company profile

★ Hoovers Report

★ History of Westvaco
http://www.hilroy.ca