Business News
MWV Announces Plans to Close its Washington Court House, Ohio, Primary Plastics Packaging Facility
Tuesday 27. January 2009 - MeadWestvaco Corporation (NYSE: MWV) announced today it will discontinue its MWV Calmar pump and dispensing manufacturing and distribution operations located in Washington Court House, Ohio.
This action is part of the companys accelerated strategic cost management program, announced January 15, to reduce its overhead cost structure, optimize its manufacturing footprint and realize sourcing savings throughout its supply chain.
The Washington Court House facility manufactures dispensers for the personal care and beauty industry. The company is consolidating production and equipment from Washington Court House to its San Luis Potosi, Mexico, plant, which is more seamlessly scalable and features more advanced production equipment and processes. The companys capacity to supply these products will not be affected. The transition is expected to be completed by the end of 2009. A small component manufacturing presence will be maintained at Washington Court House.
The closure of the Washington Court House plant will impact approximately 278 hourly and salaried employees. Affected salaried employees will be eligible for separation benefits in accordance with company policy. Separation benefits for hourly employees will be the subject of discussion with their union representative.