MWV expanding Brazil operations
- November 17, 2010
MeadWestvaco Corp. plans to spend $480 million to expand its corrugated packaging operations in Brazil.
MWV announced it will grow operations at its Brazilian subsidiary, Rigesa, by expanding its facility in Santa Catarina State and installing a paperboard machine that will double capacity of its Tres Barras mill.
The new machine is expected to be completed in mid-2012 and will eventually employ about 800 people.