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MeadWestvaco opens US innovation plant.

* MeadWestvaco Corporation has opened its state-of-the art pilot plant located in Eastern Henrico County, VA. A key component of MWV's Center for Packaging Innovation (CPI), the pilot plant is a 48,000 square foot packaging materials and technologies research and development facility. To help kick off the opening, MWV hosted Virginia State Senator Donald McEachin for a tour of the facility. In 2010, MWV decided to move its Center for Packaging Innovation and the pilot plant, from Raleigh, NC to the company's global headquarters in Richmond, VA.

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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