Log In | Become a Member | Contact Us

Market Intelligence for Printing and Publishing

Connect on Twitter | Facebook | LinkedIn

Featured:     M&A Trends     Production Inkjet     Installations and Placements Tracker

MeadWestvaco to Eliminate 190 Jobs

Tuesday, January 27, 2009

Press release from the issuing company

RICHMOND, VA – MeadWestvaco Corporation announced today it will discontinue its Consumer & Office Products’ envelope manufacturing and distribution operation at the plant located in Enfield, Conn., and restructure envelope operations in other areas.  These actions are part of the company’s accelerated strategic cost management plan, announced Jan. 15, to reduce its overhead cost structure, optimize its manufacturing footprint, and realize sourcing savings throughout its supply chain.

The Enfield facility manufactures and distributes envelope products for the billing, financial and direct mail markets.  Production, including some equipment, will be transferred to other Envelope Products Group facilities, and the company’s capacity to service customers and supply products will not be affected.

Other actions include the streamlining of envelope operations at its Atlanta, Ga., facility and restructuring its sales function and staffing at its corporate office in Springfield, Mass.

These operational changes will begin immediately and are expected to be completed in 60 days. Approximately 190 hourly and salaried positions will be affected.  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.




Email Icon Email

Print Icon Print

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2018 WhatTheyThink. All Rights Reserved