Loading
Search
NEWS STORIES

Wausau Paper cuts 4Q losses to around $2.5 millionSubmitted: 02/11/2013
Story By WJFW News Team

Wausau Paper cuts 4Q losses to around $2.5 million
WAUSAU - Wausau Paper will keep investing in its tissue mills. Monday the company released its 2012 financial report to investors.

It says it narrowed its losses in the last quarter of last year, after it shut down its Brokaw mill. That move put 450 people out of work.

But the company says it lost just 2 and a half million dollars in the last three months of 2012, compared to almost 29 million in the same three months of 2011.

Wausau Paper said last month it intends to sell the last three mills it owns that don't make tissue.

They are the Rhinelander and Mosinee mills, and another in Brainerd, Minnesota.

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





 IN OTHER NEWS

RHINELANDER - The Rhinelander District Library recently added a program to make the library more inclusive. 

"[It's] designed specifically for kids on the autism spectrum and those with sensory processing needs, but any kids and families who feel like they just want a little more laid back, hands-on story time it would be appropriate," said children's librarian Katie Kubisiak.

+ Read More

Play Video

PRICE COUNTY - For the first time in more than three decades the Price County Circuit Court welcomed a new judge to take the bench Friday.
Family, friends and judges from all over northern Wisconsin attended the investiture ceremony for Judge Kevin Klein.

Klein grew up in Price County and practiced law for more than 36 years.
Klein had his own law practice and was the local bar President for Price County before becoming a judge.
"When you start out and you're young and eager to practice law, you're not thinking about many years later taking the bench. But in retrospect you can see how call those years fit together," said Klein. 

+ Read More

ASHLAND COUNTY - A prosecutor has cleared a sheriff's deputy in a 14-year-old boy's death.

+ Read More

EAGLE RIVER - Some kindergarteners got a glimpse of the World Championship Snowmobile Derby Friday.

Snowmobile racer Jordan Grabowski stopped by the Eagle River Elementary School to talk to some kindergarteners about snowmobile safety.

"It's kind of a dying out sport and I want to keep it going. [I] try to get them to realize that it's not okay to ride without a helmet on and our safety gear on and that it is dangerous if you do ride it without because you could get hurt," said Grabowski.

+ Read More

Play Video

RHINELANDER - These days, it can feel like physical stores get overshadowed by online shopping. But that's not completely true in Rhinelander.

A new women's clothing boutique opened today in downtown Rhinelander.

Oak Tree Boutique owner and Rhinelander native Amber Bellile remembers a time from her childhood when downtown flourished.

"Over the years once I moved away and would come back I noticed businesses were shutting down," said Bellile. 

+ Read More

Play Video

WOODRUFF - A Northwoods fire department used some of its money gained through fundraising to help other first responders stay safe.

"For lack of a better term it works like a bomb," said Woodruff Assistant Fire Chief Victor Gee. 

The Woodruff Fire Department invested in five "X-tinguish" fire suppression tools.

+ Read More

PHILLIPS - When students go to Phillips Elementary School, their classroom might be heated to only 60 degrees. It could also be 80 degrees.

The heating system is old enough that consistency is nearly impossible, and fixes are tough.

"We can't get parts [anymore] for a lot of the heating systems," said Principal Dave Scholz.

Underneath the school on Thursday, he pointed to the support structure.

"You can see all of the floor joists," he said. "Most of them are rotting right out. A lot of breaking off."

+ Read More
+ More General News
Search: 





Click Here