Certain Uncertainty
As the folding carton industry charts a course of steady growth, the broader economic environment weighs heavily on business psyche.
MeadWestvaco Corporation (MWV) reported record 2Q income, with 2Q11 sales from continuing operations increasing nine percent versus 2Q10. The company attributed its strong performance to gains in global consumer packaging markets, including food, fragrance, and beverage markets outside North America. Like Graphic Packaging, MWV noted beverage packaging declines in North America.
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