Loading

67°F

65°F

73°F

67°F

73°F

67°F

66°F

67°F

73°F
NEWS STORIES

Rhinelander's Mayor cautiously optimistic mill buyer will keep plant openSubmitted: 03/22/2013

Play Video
RHINELANDER - We need to wait awhile to figure out how the sale of Wausau Paper's Rhinelander and Mosinee mills will really effect the communities.

But Friday night, we did find a sense of cautious optimism coming from city leadership.

Rhinelander Mayor Dick Johns worked at the paper mill from 1955 to 1994. He's seen plenty of changes at the plant over the years, including three separate sales.

That past experience keeps him hopeful for the future.

"Confident's not a good word, but I'm hoping that it will be," Johns said. "That's important to all of us. You know, we have PrintPack down on the other side of town, that's an improvement to our community and we're proud of that and we're proud of that paper company."

KPS Capital Partners in New York invested $130 million to buy the two Wisconsin mills.

They're offering Wausau Paper 25 percent ownership in the new paper company they plan to form. Wausau Paper claims the investment group has "significant experience" in the paper business.

Mayor Johns hopes KPS understands Rhinelander needs to keep its mill.

"Any industry in this day and age is important to the community, especially when it's over 100 years old, you've had it here and it's been a part of your community for those many years," Johns said.

The sale isn't official just yet. There are seveal steps to go through, including establishing a new collective bargaining agreement with the unions.

Wausau Paper hopes to wrap things up by the end of the second quarter this year.

KPS invested in Waupaca Foundry, Inc., based in Waupaca, Wisconsin. Just last month, Waupaca Foundry dolled out a $200 million return to investers.

Story By: Lane Kimble

Text Size: + Increase | Decrease -
 Print Story Print Story | Email Story Email Story
Sponsored in part by HodagSports.com





 IN OTHER NEWS
What We're Working OnSubmitted: 07/25/2014

- A new jobs plan from Democratic candidate for Governor Mary Burke focuses on what she hopes to do to improve rural areas in the Northwoods. Coming up on Newswatch 12 tonight find out her goals and hear why political analysts believe forestry and timber was left out of the plan.

- We visit with fish farmers from Langlade County. Silver Moon Springs knows everything there is to know about running a successful trout farm. We head to the farm and learn why Aquaculture is catching on in Wisconsin.

- And fur trapping is still very much a part of the lives of people in the Great Lakes region. For many, it's their livelihood. Newswatch 12's Ben Meyer visited the National Trappers Convention in Escanaba this week to bring you more.

We'll have the details on those stories and more tonight on Newswatch 12 - news from where you live.

+ Read More
Garden tour Saturday to raise money for hospiceSubmitted: 07/25/2014

RHINELANDER - You can learn how to improve your garden while also supporting a Northwoods hospice provider.

The Master Gardeners of the North and Ministry Hospice will host a garden tour Saturday, July 26th. People will get to tour six gardens in Rhinelander's historic courthouse neighborhood.

Organizers hope the event will raise at least $2,000. That money will go to patients who are unable to pay for their services.

+ Read More
Summer temperatures impact local toy salesSubmitted: 07/25/2014

RHINELANDER AND MINOCQUA - Summer gets us outside playing games on the lake or in the yard, but with cooler temperatures this year, trips to the lake may not be as popular.

That impacts certain businesses in a good way. Imaginuity toys stores in Minocqua and Rhinelander have noticed a difference in the toys they've sold this summer.

"We're definitely getting a lot more traffic with the cooler temperatures. A lot more people in the door, which we're loving. We are seeing a lot more people buying more project based items. They're buying a lot of the active play but not so much the water active," said Jessica Hatch, Store Manager.

+ Read More
More than 50 boats featured in weekend boat showSubmitted: 07/25/2014

MINOCQUA - Many people enjoy boating during the summer months.

This weekend you can check out the beauty and workmanship of antique boats in Minocqua. More than 50 boats will be on hand for the 22nd Antique and Classic Wooden Boat Show. The event is free to the public and features classics from the early 1920's to the 1960's. It will kick off tonight with a boat parade before the Min-Aqua Bat waterski show... and continues all weekend on the docks of The Boathouse Restaurant.

Boat owners and the public get together to share their love and stories of these antique beauties.

+ Read More
Wisconsin leads nation in producing mink peltsSubmitted: 07/25/2014

MADISON - Wisconsin leads the nation in the production of mink pelts.

Some of those pelts come from the northwoods, with mink farms in the Tomahawk and Irma areas.

The state accounted for one in three U.S. pelts last year.

The U.S. Department of Agriculture says Wisconsin produced 1.13 million mink pelts last year.

+ Read More
Baldwin introduces bill to create more VA doctorsSubmitted: 07/24/2014

MILWAUKEE - U.S. Sen. Tammy Baldwin has introduced legislation aimed at increasing the number of doctors at Veterans Affairs medical centers and reducing wait times.

The Wisconsin Democrat said in a statement Thursday that the bill would create 2,000 residency positions over five years at Veterans Affairs hospitals nationwide. Residency is the next step in doctors' training following medical school.

The bill also would require the VA to allocate the residency positions based on doctor shortages at its facilities and to prioritize training for specialists who are needed.

+ Read More
Police: Man kills himself after shooting at police during car chase Submitted: 07/24/2014

Play Video

MARINETTE COUNTY - The Marinette County Sheriff's Office believes a 35-year-old man killed himself after shooting at deputies during a police chase Thursday in Marinette County.

A person called the sheriff's office just before 3 p.m. saying they were in their car, getting shot at by a person in a black Chevy Tahoe.

It was on U.S. 141 near Wausaukee in southern Marinette County.

Police caught up to the Tahoe before it started heading west on Highway 8.

+ Read More
+ More General News
Search: 




Click Here