Manufacturing

About two months after Tredegar’s former CEO stepped down, interim president and chief executive John Gottwald will once again fill the role long-term.

Packaging giants MeadWestvaco and Rock-Tenn Co. are expected to finalize their merger later today, creating a packaging colossus with a combined $15.7 billion in annual revenue.

With the abrupt departure last week of two top executives, a prominent Richmond family has grabbed a firmer hold on the direction of a local publicly traded company.

A Latin American candy giant is setting up shop in Hanover County, Gov. Terry McAuliffe announced last week, and will pump $5 million and 55 jobs into the production facility, its first in the U.S.

A Chinese pharmaceutical company that bought a Petersburg plant late last year has put its $22.5 million plans for the facility on hold, the firm announced Friday.

A Chinese pharmaceutical company is taking over a Petersburg factory that was expected to be shut down. The purchase, facilitated by Gov. McAuliffe and the local economic development authority, includes grants and tax incentives for the firm.

Sabra Dipping Co. recently expanded its hummus production facility in Colonial Heights – the largest hummus factory in the world.

Medline is powering up its new Chesterfield facility and expects to get the complex up and running next month.

Mondelez International Inc., the Illinois-based holding company whose portfolio includes Oreo cookies and Trident gum, is planning to expand its Nabisco cookie factory at 6002 S. Laburnum Ave. in Varina.

Some sizeable pay packages are teed up for the incoming bosses of a Glen Allen firm.