MeadWestvaco Corporation provides packaging solutions in the healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries. The company also produces specialty chemicals for the automotive, energy, and infrastructure industries. Segments The company’s segments include Food & Beverage, Home, Health & Beauty, Industrial, Specialty Chemicals, and Community Development and Land Management. Food & Beverage The Food & Beverage segment produces packaging materials, and designs and produces packaging solutions primarily for the global food, food service, beverage, dairy and tobacco end markets, as well as paperboard for commercial printing. For the global food market, the segment develops and produces materials and solutions that are used to package frozen food, dry goods, ready-to-eat meals, hot and cold drinks, and various shelf-stable dairy products. For the global beverage market, the segment has a fully integrated business model, including paperboard, carton design and converting operations, as well as beverage packaging machinery. For the global tobacco market, the segment produces paperboard, and designs and produces cartons for the tobacco brand owners. Home, Health & Beauty The Home, Health & Beauty segment designs and produces packaging solutions for the global personal care, fragrance, home care, lawn and garden, prescription drug and healthcare end markets. For the global beauty and personal care market, the segment produces pumps for fragrances, lotions, creams and soaps, flip-top and applicator closures for bath and body products and lotions, and paperboard and plastic packaging for hair and skin care products. For the global home and garden market, the segment produces trigger sprayers for surface cleaners and fabric care, aerosol actuators for air fresheners, hose-end sprayers for lawn and garden maintenance, and spouted and applicator closures for various other home and garden products. For the global healthcare market, the segment makes secondary packages designed to enhance patient adherence for prescription drugs, as well as healthcare dispensing systems, paperboard packaging and closures for over-the-counter and prescription drugs. Industrial The Industrial segment designs and produces corrugated packaging solutions, primarily for produce, meat, consumer products and bulk goods. In Brazil, the integrated business includes forestlands, paperboard mills and corrugated box plants. This segment also includes operations in India, which develop corrugated packaging materials, as well as corrugated packaging solutions for Indian fresh produce. In Brazil, the segment manufactures virgin kraftliner and recycles material medium paperboards, and converts the board to corrugated packaging at four box plants across the country. Specialty Chemicals The Specialty Chemicals segment manufactures, markets, and distributes specialty chemicals derived from sawdust and other byproducts of the papermaking process in North America, Europe, South America and Asia. Products include performance chemicals derived from pine chemicals used in printing inks, asphalt paving and adhesives, as well as the agricultural, paper and petroleum industries. This segment also includes products based on activated carbon used in gas vapor emission control systems for automobiles and trucks and applications for air, water, and food purification. Marketing and Distribution The principal markets for the company’s products are in North America, South America, Europe, and Asia. It operates in 30 countries and serves customers in approximately 100 nations. The company’s products are sold through a combination of its own sales force and paperboard merchants and distributors. The company has sales offices in key cities worldwide. Research For the year ended December 31, 2013, the company’s expenditures for research and development included $44 million. International operations The company’s operations outside the U.S. are conducted through subsidiaries located in Canada, Mexico, South America, Europe, and Asia. Discontinued Operations In 2013, the company completed the sale of its U.S. forestlands, consisting of approximately 501,000 acres in Alabama, Georgia, South Carolina, Virginia and West Virginia, and certain related assets to subsidiaries of Plum Creek Timber Company, Inc (Plum Creek). History MeadWestvaco Corporation was founded in 1888.
meadwestvaco corp (MWV:New York)
501 South 5th Street
Richmond, VA 23219
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