Virginia-based company plans to lay off 65 employees in Kenosha - WAOW - Newsline 9, Wausau News, Weather, Sports

Virginia-based company plans to lay off 65 employees in Kenosha

KENOSHA (AP) -- A Virginia-based packaging company says it plans to lay off about 65 workers from its office-products group in Kenosha.

MeadWestvaco Corp. informed the Wisconsin Department of Workforce Development of the job cuts in a letter received Tuesday.

The company says it has about 150 people at its envelope facility in Kenosha. The layoffs represent about 43 percent of that total.

Plant manager Albin Narvaez says the job cuts will start in early to mid-August.

Shares of MeadWestvaco were down a penny to $16.70 during regular trading Tuesday. Shares dipped another eight cents, or 0.5 percent, to $16.62 in after-hours trading.

MeadWestvaco is based in Glen Allen, Va.

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