MWV Announces Plans to Close Grover, North Carolina, Packaging Plant
Richmond, Virginia-based MeadWestvaco Corporation announced in an effort to streamline costs and improve operational efficiencies, it will discontinue operations at its MWV Beverage Media Packaging plant in Grover, North Carolina. The facility produces packaging for the media and entertainment industry.
Some production at this facility will transfer to other MWV Packaging plants, and the company’s capacity to supply these products will not be affected. Closure of the Grover facility, expected by early 2009, will maximize the company’s operations and resources, enabling MWV to more efficiently serve its media customers around the world.
“The decision to close the Grover facility was a difficult but necessary one,” said Steve Scherger, president of Beverage and Media Packaging, MWV. “In today’s challenging economy, we must focus on managing the cost elements that we can directly control. This includes carefully studying our operational footprint to determine how we can create greater efficiencies that will strengthen our presence in the marketplace.”
The closure of the Grover plant will impact approximately 120 hourly and salaried employees, all of whom will be eligible for separation benefits in accordance with company policy. The company will be working with the North Carolina Rapid Response Team to provide assistance and support.
MWV Senior Vice President Thomas to Present at Sustainable Brands International Conference
Bruce Thomas, senior vice president, global market strategy and emerging markets at Richmond, Virginia-based MeadWestvaco Corp. (MWV) will deliver a keynote address at Sustainable Brands International 2008 titled, “Targeting the Fastest Growing Regions of the World With Your Sustainable Solutions.” The conference will be held December 9 to 11, 2008, in Miami Beach, Florida. Thomas will deliver his presentation on Thursday, December 11, at 9:40 a.m. EST.
In his address, Thomas will explore the growing opportunity to provide sustainable, innovative packaging solutions for customers in emerging markets like China, India, Brazil and Russia. He will discuss trends and insights into consumer behavior when it comes to sustainable products and packaging and share detailed case studies that demonstrate proven strategies for driving profitable growth in emerging markets while maintaining and promoting a strong commitment to social and environmental responsibility.
In his role as chief strategist for MWV’s global market development, Thomas leads several initiatives aimed at delivering profitable growth through innovation and expansion in key emerging markets such as China, India and South America. Thomas also leads MWV’s health-care packaging business.
For additional information on MeadWestvaco, visit www.meadwestvaco.com.