MWV to Reconfigure its Home & Garden Manufacturing Operation at Hemer, Germany
The company will transfer some of its production lines to MWV's Wuxi, China, facility, which will supply select Home & Garden products to Europe. The Hemer Home & Garden operation will concentrate on producing and growing its high-value, differentiated trigger sprayer solutions business in Europe. The full transition is expected to be completed by January 2010.
"We are improving MWV's immediate performance and long-term strength in the Home & Garden business by making clear determinations about which product lines have growth potential and those that are less attractive in the future," said Jim Buzzard, MWV president. "Our objective is to ensure we lead in the markets we serve with a profitable mix of value-added solutions and services that consumers want and need. We will continue to deliver to our customers the innovative dispensing solutions they have come to expect."
As a result of these changes, 80 hourly and salaried positions will be eliminated. Affected employees are eligible for severance benefits in accordance with employment terms and local laws. The company has engaged a transfer agency to assist affected employees with finding alternative work arrangements.
MWV serves the Home & Garden, Personal Care and Healthcare markets from its Hemer location, which includes two production plants. The Home & Garden operation produces trigger sprayers for use with household cleaners and gardening applications. The Personal Care and Healthcare operation develops and produces pumps and dispensers for their respective markets, and the product lines to support these businesses are not impacted by the Home & Garden reconfiguration. The location currently employs 495 hourly and salaried professionals and has been in operation in the area since 1972.
About MWV Meadwestvaco Corporation
MeadWestvaco Corporation (NYSE: MWV), provides packaging solutions to many of the world's mostadmired brands in the healthcare, personal and beauty care, food, beverage, media and entertainment, and home and garden industries. The company's businesses include Consumer & Office Products, Specialty Chemicals, and the Community Development and Land Management Group, which sustainably manages the company's land holdings to support its operations, and to provide for conservation, recreation and development opportunities. With 22,000 employees worldwide, MWV operates in 30 countries and serves customers in more than 100 nations. MWV manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for the fifth consecutive year. For more information, please visit www.mwv.com.