WESTVACO SETS RECORD

Westvaco Corp., a major manufacturer of paper, packaging and chemicals, has reported record sales for fiscal 1995, which ended Oct. 31.

Westvaco, which includes a paper processing facility at Wickliffe, Ky., reported sales at $3.3 billion, 26 percent more than 1994 sales. Net income for the fiscal year totaled $281 million, or $2.78 per share of common stock.

The company reported a strong fourth quarter this year, a record $872 million in sales and $89 million in earnings, or 88 cents a share.

Westvaco purchases timber from a number of Southern Illinois and Southeast Missouri timber growers.