Loading
Search
NEWS STORIES

Wausau Paper Loses Money in First QuarterSubmitted: 04/30/2013

Lane Kimble
Managing Editor/Anchor
lkimble@wjfw.com


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.


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





 IN OTHER NEWS

MADISON - Chronic wasting disease has turned up in a deer in another northern Wisconsin county.

The Wisconsin Department of Agriculture, Trade, and Consumer Protection announced that a deer on an Oconto County hunting preserve tested positive for the disease.

+ Read More

PRICE COUNTY - Some of us owe a lot to our health clinics for keeping us healthy enough to celebrate our birthday every year.

But one local health operation celebrates a big birthday of its own this year.

Marshfield Clinic turns 100 this December, but  the clinics in Price County celebrated the milestone on Friday.

+ Read More

Play Video

ONEIDA COUNTY - If you want to escape car exhaust, streetlights, and sirens, people in Oneida County know you don't need to pack for an extended trip.

Tucked away in western Oneida County, the Willow Flowage offers outdoor enthusiasts a year-round playground.

With 27,000 acres of undeveloped land and 6,000 acres of pristine water, the Willow Flowage reminds a lot of people of Canada...almost.

+ Read More

LAC DU FLAMBEAU - When people found a woman's body in Lac du Flambeau, police first thought she committed suicide -- something Newswatch 12 does not cover.

But Friday, the Vilas County Sheriff's Office confirmed it is investigating the 45-year-old woman's death as suspicious.

+ Read More

Play Video

RHINELANDER - Almost 12,000 people took a trip into history this year. But you only have one more day to check out the Pioneer Park Historical Complex in Rhinelander. The museum closes for the season Saturday.

+ Read More
Rhinelander Homecoming parade Submitted: 09/30/2016

RHINELANDER - Construction did not stop Hodag pride Friday night.

Green and white spilled into downtown for Rhinelander's homecoming celebration.

The dance team showed off its moves and the football team rolled down Brown Street.

The homecoming parade got students, parents, and even grandparents to come out in support.

"I am here to see my grandson, he is on the court, "said Elsa Burke.

Hodag jerseys and green facepaint lined the street as the RHS band and flag twirlers marched.

There definitely was a lot to look at, but football seemed to be the only thing on some people's minds.

"To see the Hodags come home with a W. That would be good," said RHS student Jacob Mahner.

The varsity football game kicks off at 7 p.m. tonight against the Medford Raiders.



+ Read More

MADISON - A judge has ordered an investigation into whether transportation officials have been denying people temporary photo ID to vote.

U.S. District Judge James Peterson issued the order Friday after media reports surfaced that transportation officials refused to issue a temporary ID to a man without a birth certificate.

+ Read More
+ More General News
Search: 




Click Here