By Matt Andrejczak, MarketWatch SAN FRANCISCO (MarketWatch) -- MeadWestvaco Corp. said Thursday its quarterly net income rose from a year earlier as price increases for its paper and packaged goods products helped to offset surging energy, wood and freight costs. MeadWestvaco said its second-quarter profit totaled $56 million, or 33 cents a share, from $32 million, or 17 cents a share, in the same quarter a year before. Sales for the quarter totaled $1.71 billion, up from $1.58 billion in the year-ago period. Included in its profit was a 5-cent a share gain from the sale of its North Charleston, S.C., paper mill as well as a 3-cent a share charge for employee severances and facility closures. Sales rose across all four of MeadWestvaco's business segments. But commodity costs rose $64 million over a year ago, denting profit...
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