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Wausau Paper Loses Money in First QuarterSubmitted: 04/30/2013
Lane Kimble
Lane Kimble
News Director
lkimble@wjfw.com

Wausau Paper Loses Money in First Quarter
RHINELANDER - Wausau Paper lost money in the first quarter of 2013.

But the company doesn't see it as a negative trend.

The paper company reported a net loss of $1.7 million dollars.

That compares with earnings of $4.8 million in the first quarter last year.

Those losses reflect some of the major changes Wausau Paper is making.

The company announced plans in March to close its Brainerd, Minnesota mill.

It also sold the Rhinelander and Mosinee mills to a New York-based investment firm.

The losses also cover the costs of a $220 million plant expansion in Kentucky dedicated to specialty tissue.

The agreement to sell the Rhinelander and Mosinee mills isn't complete just yet.

That could happen sometime this summer.


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 IN OTHER NEWS

MINOCQUA - You can help the Oneida County Dive Team by grabbing your goggles and swim cap Saturday (June 23) morning.

Swimmers will launch from Torpy Park for the Minocqua Island Swim Challenge.

The race is one mile long, but people can choose to swim just 400 meters, too.

The water temperature will be about 65 degrees during the race.

"A lot of people will wear wet suits and be very comfortable. I have seen plenty of people go without and have no trouble," says Laura Fuhrman.

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What We're Working OnSubmitted: 06/22/2018

- Tonight on Newswatch 12:


The unusual weather this spring could have an effect on how many fish you might catch this season. We talk to a local bait shop owner about the connection between the weather and the number of catchable fish that are in the water.

We'll take you to a recycling event and tell you how you can help a local homeless shelter by bringing in old appliances.

And we'll show you how the Rhinelander District Library is adding a twist to the typical craft contest.


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

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CHIPPEWA FALLS - A World War II veteran who spent more than a year as a prisoner of war is finally being awarded the Purple Heart.

The Leader-Telegram reports that 94-year-old Max Bergen will receive the medal Friday. The Wisconsin man says he's overwhelmed and stunned by the honor.

Bergen was serving on a bomb squadron when he was shot down over Germany in 1944. He was held prisoner at a camp in Austria for 14 months.

Bergen suffered shoulder and ankle wounds in the crash, but he had no paperwork about the injuries because he was immediately taken prisoner. Such documentation is needed for the medal that honors troops injured in combat.

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MADISON - The Wisconsin Department of Health Services has issued a warning about synthetic marijuana products that have recently sent multiple people to the hospital with severe bleeding.

The state has had seven confirmed hospitalizations caused by the use of the synthetic drug since March.


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MADISON - The second Democrat in as many days has dropped out of the race for governor.

State Representative Dana Wachs, of Eau Claire, announced Friday that he is ending his campaign and endorsing Tony Evers.

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MADISON - High school students from Parkland, Florida., visit Wisconsin to advocate for stricter gun control laws and to register young people to vote.

The students from Marjory Stoneman Douglas High School are making three stops in Wisconsin as part of a nationwide March for Our Lives: Road to Change tour. They plan to hold events Friday in Janesville and Madison and on Saturday in Milwaukee.

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HOUGHTON - River Valley Bank will accept donations for flood victims in Houghton and the surrounding area. 

Anyone can make a donation online or in person at a River Valley Bank. 

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