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Encyclopedia > MeadWestvaco
MeadWestvaco
Type Public NYSEMWV
Founded January 2002
Headquarters Richmond, Virginia
Key people John A. Luke, Jr., Chairman/CEO
James A. Buzzard, President
E. Mark Rajkowski, CFO, Senior Vice President
Revenue 6.530 Billion USD (2006)
Operating income 98 Million USD (2006)
Net income 93 Million USD (2006)
Employees 24,000 (December, 2006)
Website meadwestvaco.com

MeadWestvaco Corp. NYSEMWV is an American pulp and paper company based in Richmond, Virginia. It has approximately 24,000 employees. In February 2006, MeadWestvaco moved the corporate headquarters to Richmond, Virginia. [1] Image File history File links Meadwestvaco. ... This article does not cite any references or sources. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Nickname: Motto: Sic Itur Ad Astra (Thus do we reach the stars) Location in the Commonwealth of Virginia Coordinates: , Country United States State Virginia County Independent City Government  - Mayor L. Douglas Wilder (I) Area  - City 62. ... Look up revenue in Wiktionary, the free dictionary. ... Image File history File links No higher resolution available. ... The United States dollar is the official currency of the United States. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... Image File history File links No higher resolution available. ... The United States dollar is the official currency of the United States. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Image File history File links No higher resolution available. ... The United States dollar is the official currency of the United States. ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... An International Paper mill in South Carolina The global pulp and paper industry is dominated by North American (United States, Canada), northern European (Sweden, Finland) and East Asian countries (such as Japan). ... Nickname: Motto: Sic Itur Ad Astra (Thus do we reach the stars) Location in the Commonwealth of Virginia Coordinates: , Country United States State Virginia County Independent City Government  - Mayor L. Douglas Wilder (I) Area  - City 62. ... Nickname: Motto: Sic Itur Ad Astra (Thus do we reach the stars) Location in the Commonwealth of Virginia Coordinates: , Country United States State Virginia County Independent City Government  - Mayor L. Douglas Wilder (I) Area  - City 62. ...

Contents

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. A compact disc in Digipak-style packaging; seen here: Boards of Canadas 1998 release Music Has the Right to Children Digipak is a patented style of compact disc or DVD packaging, and is a registered trademark of MeadWestvaco, Inc. ...


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. : Gem City : Birthplace of Aviation United States Ohio Montgomery 56. ... In 1888, William Luke established the West Virginia Paper Company (now Westvaco) on 50 acres (202,000 m²) of land along the Potomac River known as West Piedmont (now Luke, Maryland). ... Piedmont is a town located in Mineral County, West Virginia. ... In 1888, William Luke established the West Virginia Paper Company (now Westvaco) on 50 acres (202,000 m²) of land along the Potomac River known as West Piedmont (now Luke, Maryland). ... Mead Mead is a fermented alcoholic beverage made of honey, water, and yeast. ... In 1888, William Luke established the West Virginia Paper Company (now Westvaco) on 50 acres (202,000 m²) of land along the Potomac River known as West Piedmont (now Luke, Maryland). ... Cerberus Capital Management LP is one of the largest private equity investment firms in USA. The firm is based in New York, N.Y., and run by 47-year-old financier Steve Feinberg. ... The West Virginia Paper Company or Westvaco was established in 1888 by William Luke on 50 acres (202,000 m²) of land along the Potomac River, known as West Piedmont (now Luke, Maryland). ...


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. Greenbrier County is a county located in the U.S. state of West Virginia. ... Binomial name Allium tricoccum Wild leeks (Allium tricoccum), also known as ramps are a member of the onion family (Alliaceae). ... Richwood is a city in Nicholas County, West Virginia, United States. ...


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 MeadWestvaco Foundation is a foundation, started by MeadWestvaco. ...


See also

References

External links

http://www.hilroy.ca


  Results from FactBites:
 
News: MeadWestvaco Reports First Quarter Sales Growth of 4.4%; EPS of $0.02. Genetic Engineering News - Biotechnology ... (1290 words)
MeadWestvaco is a global packaging company that delivers high-value packaging solutions and products to the world's most recognized companies in the food and beverage, media and entertainment, personal care, cosmetic and healthcare industries.
MeadWestvaco, with operations in more than 29 countries, has been selected for the Dow Jones Sustainability Indexes, and manages all of its forestlands in accordance with internationally recognized forest certification standards.
Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of each company, or industry results, to differ materially from those expressed or implied by the forward-looking statements.
MeadWestvaco - Wikipedia, the free encyclopedia (389 words)
MeadWestvaco Corp. NYSE: MWV is an American pulp and paper company based in Richmond, Virginia.
MeadWestvaco moved the corporate headquarters to Richmond, Virginia.
MeadWestvaco also has a foundation, the MeadWestvaco Foundation, that primarily bases the use of its funds in the communities where MeadWestvaco operates.
  More results at FactBites »


 

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