MeadWestvaco Set To Expand Indian Packaging Facility
Global packaging company MeadWestvaco (MWV) has signed a Memorandum of Understanding (MoU) with the Gujarat government to invest INR 10bn ($183m) over the next three to four years. The latest investment will be used to expand the company’s production facility acquired as part of acquisition of Ruby Macons in November 2012. Besides purchase of the…