RICHMOND - Governor Bob McDonnell today announced that Presto Products Company, a manufacturer of plastic film and bags will invest $6 million to expand its operation in Halifax County. The company will add five new manufacturing lines, creating 22 new jobs.

RICHMOND - Governor Bob McDonnell today announced that MeadWestvaco Corporation (NYSE: MWV), a global leader in the packaging industry headquartered in Richmond, will invest $285 million to construct a new, state-of-the-art biomass boiler and upgrade associated power infrastructure at its facility in the City of Covington. The project allows the plant to become self-sufficient in energy production and significantly reduces ongoing operating and maintenance costs.