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NEWS STORIES

Wausau Paper's largest shareholder calls for management overhaul and move, or saleSubmitted: 01/19/2014

Lauren Stephenson
5 p.m. Anchor/Reporter
lstephenson@wjfw.com

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MOSINEE - Wausau Paper's largest shareholder, Starboard Value LP, wants the company to replace management or consider selling the company.

Starboard owns more than 15% of Wausau Paper's stock.

It publicly released a 10-page letter outlining its suggestions to board members Friday.

The letter criticizes current management for "ignoring shareholder concerns" and the company's "prolonged underperformance under the direction of the current management team and Board."

In the letter, Starboard's CEO Jeffrey Smith says Wausau Paper's board "has been more intent on lining the pockets of management."

He says the board spent $250 million to restructure its printing and writing business.

Starboard suggested they sell it.

Wausau Paper did finally sell the two specialty printing mills in Rhinelander and Mosinee to KPS Capital Partners LP last summer.

But Starboard CEO Jeffrey Smith said they should have sold a year earlier when the business was worth more.

Starboard claims management refuses to move headquarters from Mosinee even though "Wausau's Tissue business, which now represents 100% of revenue, operates entirely out of Kentucky and Ohio."

Wausau Paper just invested $220 million into its facility in Kentucky.

Starboard argues the management should move there to oversee the operations.

The letter also nominates three people directors to the Wausau Paper board.

One of those nominees is Starboard CEO Jeffrey Smith.

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 IN OTHER NEWS
Promoting feed beets in Wisconsin Submitted: 10/21/2014

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BRYANT - Only one farm in all of Wisconsin grows sugar beets.

Rine Ridge Farms is northeast of Antigo, in Bryant. The farm hopes more farmers will catch on to alternative dairy feed.

"They're 80% digestible where corn is usually only around 40% digestible. They're high in sugar they're 20% sugar," said Dan Rine of Rine Ridge Farms.

Beets are easy to grow in our neck of the woods.

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Wisconsin DNR encourages composting Submitted: 10/21/2014

MADISON - The Wisconsin Department of Natural Resources wants homeowners to compost or mulch fallen leaves. This will help keep the leaves out of landfills and lower the chances of burning piles.

DNR leaders say composting means more room and landfill and less chance of stray sparks from burning piles that can start wildfires.

Fewer burning piles will also helps maintain a high level of air quality.
potassium.

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Nicolet's College Visit Night gives people more information about schoolSubmitted: 10/21/2014

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RHINELANDER - People who want to learn more about going to school at Nicolet College can go to College Visit Night. College Visit Night will be held from 5-7pm on Tuesday.

The event will give people an idea of what programs the college offers. It's taking place at the University Transfer Center.

There will be admissions information, campus tours and financial aid information.

"We open this opportunity up for students to come in and make an informed choice about their educational path. We work with non-traditional students coming in, high school students, parents, support whoever wants to come and see what we're all about at Nicolet," says Nicolet College Career Coach Kelly Anunson.

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Humane societies see influx of kittens Submitted: 10/21/2014

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NORTHWOODS - We know fall for pumpkins, football, and falling leaves but it's also known for kittens.

Shelters in northcentral Wisconsin refer to both fall and spring as "kitten season."

The Oneida County Humane Society has already found homes for 30 kittens just in the last month. Right now the adoption center has 25 kittens.

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Merrill's old DNR Ranger Station will become brew pub Submitted: 10/21/2014

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MERRILL - The old DNR ranger station in Merrill will become a brew pub.

The city of Merrill sold the building to a company that plans on opening up the pub within the next year. The company plans on eventually becoming a microbrewery.

The building was built in 1940. The DNR opened up a new ranger station in a different spot in Merrill a few years ago.

"When the ranger station rebuilt this building was turned back to the city and we've used it for a couple of years now since we've had it for the park and recreations summer program," says Merrill City Administrator David Johnson. "We decided to sell the property when there was an interest shown in turning it into a business."

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Rhinelander Area Food Pantry Open HouseSubmitted: 10/21/2014

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RHINELANDER - The new Rhinelander Area Food Pantry features new aisles for easier shopping, a sitting area, and large scale for weighing food.

You could see the updates at the Rhinelander Area Food Pantry Tuesday. The pantry held an open house to celebrate its new location.

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Thousands of Walker-related emails releasedSubmitted: 10/21/2014

MADISON - Thousands of emails prosecutors collected during the first secret investigation into Gov. Scott Walker's former aides and associates when he was county executive have been released.

Milwaukee County Executive Chris Abele's office on Tuesday made public the nearly 16,000 emails and attachments that prosecutors seized from county and personal computers.

The investigation ended in 2013 with six of Walker's aides and associates convicted on charges ranging from theft to misconduct in office.

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