MeadWestvaco Agrees to Sell Papers Assets for $2.3 Billion
January 1, 2005

Proceeds to Be Used to Improve Capital Structure Company to Focus on Profitable Growth Opportunities in Global Packaging Stamford, Conn. -- MeadWestvaco Corp. (NYSE: MWV) today announced that it has reached a definitive agreement to sell its Papers business and associated assets for $2.3 billion to a new company controlled by Cerberus Capital Management L.P., a private, New York-based investment firm. "This transaction marks an important strategic step for MeadWestvaco," says John A. Luke Jr., chairman and chief executive officer. "It makes us a more focused company, able to deliver stronger, more consistent financial returns. Immediately, the sale allows us to reduce the company's

Tips for Printing with digital Paper
August 1, 2004

A familiar process in the business world, digital printing has moved at a slower pace across the commercial printing world. But, while it still has its limitations in this market, it also has its appeal, namely a result of the current interest in variable data printing and speed at short-run, quality production. Marketing and circulation departments are certainly exploring its benefits, and a number of catalogs and even magazines are putting it to use. Because digital printing and digital paper are still relatively new phenomena in the industry, many production managers aren't familiar with the characteristics of digital paper and how to use it,

Record Attendance at PrintMedia Expo
May 1, 2003

The economy is in a funk, ad sales are up marginally over last year, and publishing industry vendors are sweating every detail of every deal. Yet against this gloomy backdrop, publishers and vendors remain surprisingly bullish on the future of print and publishing. That was the overriding buzz on the floor of the seventh annual PrintMedia Conference & Expo, which included the BookTech Conference & Expo, held at the New York Hilton in March. Trade shows and events across industry sectors, including publishing, are struggling for survival. Some shut their doors. Others have dramatically cut back on the number of events they host. Indeed,

MeadWestvaco Enhances Tango
March 21, 2003

MeadWestvaco Corp.'s Packaging Resources Group has re-launched its Tango line of coated cover stocks with added aesthetic characteristics. Among those characteristics is an absolute-white styling, designed to reflect all colors at equal intensity eliminating hues and shades. "To achieve superior color reproduction on press, the most desirable sheet is one with no color value," says Bryan Ortman, global graphics segment manager of MeadWestvaco, Stanford, Conn. "The absolute-white styling of Tango results in more-vivid colors, reflects maximum light and helps printers get more precise color reproduction." Ortman says older cover stocks were produced as blue-white papers, which exhibited red hues, or warm-white papers, which produced

Paper Jam
November 1, 2002

It's not just magazine publishers crying the blues over the weak U.S. economy, which inspired advertisers to cut ad page placements 9.3 percent in 2001, and 10.4 percent this year, according to a recent report from market researcher Nielsen/NetRatings. Magazine publishers have responded by tightening ad/edit ratios, decreasing trim sizes, and going with lighter basis weights. Cataloguers have also cut back, shifting promotions to the Internet and other electronic media, while pruning mail lists and slashing page counts. Corporations outside the publishing industry have also pulled back, trimming the number of brochures and other printed matter produced annually. It all adds up to a

Reality Check
March 1, 2002

What do paper and rock superstar Madonna have in common? The answer, says Potlatch: They both need to reinvent themselves. For the coated paper market, nothing could be more advantageous for vendors than recognizing the demand for adaptability. But for publishers, understanding the science and economics of the market is equally invaluable. As a result, coated paper coverage is broken into three categories: What it is, how can it be used and what to expect this quarter. Coated paper stock, manufactured with clay or coating applied to one or both sides, comes in a variety of styles, including dull, gloss, matte and