MeadWestvaco

Several firms decide to expand

Several Richmond-based companies announced this week new operations and future plans for expansion.

Big and green

Find out which local companies made a list for being among the biggest and greenest.

Do the Fortune 500 shuffle

Five of the six local companies that made this year’s list moved up in the rankings from last year.

Wild week for MeadWestvaco

MeadWestvaco is considering closing a Raleigh “Center for Packaging Innovation,” and relocating the facility to Richmond, the company’s corporate headquarters. The research center’s 140 employees were informed of the potential move a few weeks ago, and told an ultimate decision would be made in early March. The recent theme for the company has been cost-cutting… Read more »

MeadWestvaco repackaging business model

Richmond-based MeadWestvaco, which will soon move into its shinny new headquarters downtown, is moving away from growing trees and making paper and into the packaging business. And profits were higher this quarter than last year, a pleasant surprise and encouraging sign for a region that has lost several major employers.

MeadWestvaco cutbacks have global impact

MeadWestvaco, the Richmond-based packaging company, announced Monday that it is cutting 80 jobs at its manufacturing plant in Hemer, Germany. The layoffs are part of a restructuring plan, which the company announced in January. The company plans to lay off 2,000 employees worldwide, or 10 percent of its workforce. The cost-cutting plan is expected to… Read more »