MeadWestvaco develops paper packaging products as well as office supplies, specialty papers and chemicals. The company makes paper packaging for a wide range of uses inlcluding soda containers, DVD boxes, medicines, and is the second-largest supplier of packaging for cosmetics in the U.S.
The company serves consumer markets with the highly recognized AT-A-GLANCE, Cambridge, Columbian, Five Star and Mead brands. These products include appointment books, desk calendars, 3-ring binders, spiral notebooks, and envelopes.
The company has 125 facilities and locations in 30 countries, and serves customers in nearly 100 countries in industries such as automotive, beverage, consumer products, healthcare, media and entertainment, and publishing.
The company also owns and manages 1.3 million acres of forest lands in the U.S. and Brazil.
In January, MeadWestvaco and Rock-Tenn agreed to merge to form a new company with $15.7 billion in combined sales. The name of the new company will be announced by closing date of the deal.
MeadWestvaco reported $5.63 billion in revenues in 2014, up from $5.38 billion the previous year, and net income of $281 million.
MeadWestvaco was formed by the merger of Mead and Westvaco in 2002.
Mead had its origins in 1846 when Colonel Daniel E. Mead helps establish Ellis, Chaflin and Company in Dayton, OH. In 1881, the company became Mead Paper Company. In 1910, Mead's grandson George became President of the newly-named Mead Paper and Pulp Company.
Mead stock would begin trading on the NYSE in 1935.
In 1966, Mead acquired Westab, Inc. the inventor of the spiral notebook. In 1973, the LEXIS and NEXIS research services were developed through Mead Data Central, a business that was eventually sold to maintain focus on paper and packaging. In 1999, AT-A-GLANCE group of Sidney, NY was acquired, a producer and marketer of time management products.
Westvaco's history was traced to 1888, when William Luke founded the Piedmont Pulp and Paper Company in West Piedmont, WV.
In 1889, the company incorporates under new name The West Virginia Paper Company. . There would be a consolidation of various businesses in 1897 to form the West Virginia Pulp and Paper Company. The company would change its name to Westvaco in 1969.
MeadWestvaco moved its company headquarters from Connecticut to Richmond, VA in 2007.
Salaried And Nonunion Hourly Employees
Insurance - MeadWestvaco provides basic life and accident insurance, disability coverage and travel insurance. You will have the opportunity to purchase additional life and accident insurance and disability coverage for yourself and dependent life insurance for your spouse and children.
Savings/Investment - The MeadWestvaco Savings Plan, a 401(k) plan, enables you to save up to 50% of eligible pay, up to an annual maximum. The company will match your savings, $1 for every $1 you contribute on the first 3% of eligible pay, and $.50 for every dollar on the next 2%. Certain IRS limitations apply.
Retirement - You will be automatically enrolled in a MeadWestvaco Retirement plan which provides a pension benefit upon your retirement.
Education - MeadWestvaco offers a generous tuition reimbursement program to help you to enhance your skills and advance your career.
Vacation - In addition to paid holidays, MeadWestvaco offers vacation time, based on years of service. After one year, you can be eligible to buy or sell vacation time.
Union Hourly Employees
Updated January 30, 2015