MeadWestvaco opens US innovation plant.
MWV has invested more than $13 million in infrastructure and equipment to establish the pilot plant in Eastern Henrico County Bringing the Center for Packaging Innovation and the pilot plant to Richmond has created 114 new jobs over two years (108 housed in CPI facilities at MWV's corporate headquarters downtown, six at the pilot plant); These jobs, paying approximately $13 million in annual wages and employee incentives, supplement another 736 employees also located at corporate headquarters.
In total, MWV employs 850 in Greater Richmond with annual wages and benefits of more than $117 million.
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|Title Annotation:||Packaging News|
|Publication:||Household & Personal Products Industry|
|Date:||Apr 1, 2012|
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