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NEWS STORIES

Wausau Paper will bring on two new board membersSubmitted: 03/06/2013
Story By Lane Kimble


WAUSAU - It seems Wausau Paper's largest shareholder will get what it wanted... Two new, non-affiliated Board Members. Wausau Paper announced the decision Wednesday.

New York-based Starboard Value LP holds about 15 percent of Wausau Paper's stock.

It had demanded the paper company sell underperforming mills and make changes to its Board of Directors earlier this year.

The two new board members were suggested by Starboard Value LP, but do not have any connection to either Starboard Oor Wausau Paper.

They'll be up for approval at the 2013 Annual Meeting.

This is the third big change of the year for Wausau Paper. In January, the company announced the sale of three midwest mills, including Rhinelander's.

Then, last month, they announced the Brainerd, Minn. mill would close.

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 IN OTHER NEWS

PARK FALLS - Athletes understand the importance of good equipment to a practice. One gymnastics club in Park Falls is fundraising to replace some of its equipment that's falling apart.

The Eagles Gymnastics Club teams practice throughout the week. Some of its mats are worn out, so its head coach hopes to raise enough money to get new equipment.

"We've got a couple of mats that are breaking down, wearing out, and then getting to the point where they're unsafe," said Eagles Gymnastics Club head coach Rebecca Kasowicz. "So we're trying to fundraise at this time for new matting. And then also for the whole club, including all the youth, the high school, the little girls, get some more advanced equipment."

The coach also wants to add new trampolines to help girls with more advanced skills.

"A lot of it is falling apart," said gymnastics club 5th grader Cali Kasowicz. "The blue one is actually disintegrating beneath our feet, and we can do more stuff and be safer if we have newer equipment."

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What We're Working OnSubmitted: 06/02/2015

- Forest County will likely take its next step towards building an off-road vehicle park tonight. The park would offer trails and other things like ATVs / UTVs/ and other off-road vehicles. The county will hold a public hearing tonight regarding changes to its county land use plan. Newswatch 12s Adam Fox will be there and have the latest tonight on Newswatch 12.

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

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TOMAHAWK - Handmade soaps and cosmetics can be a luxurious item. One woman in Tomahawk developed a business from her passion for fragrance.

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NORTHWOODS - It can be difficult to go to school in a foreign country.

Students need to adjust to different traditions, language, and even food. 

Newswatch 12's Kaitlyn Howe spoke with five foreign exchange students who've spent the school year in northern Wisconsin. 

This week, we're learning about the students' experiences. 

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PLOVER - Golden County Foods has notified the state it plans to terminate more than 400 workers as part of its bankruptcy proceedings, but that there's a good chance those employees will be rehired by a new owner.

The Plover company recently reached a preliminary agreement to sell its assets to Monogram Appetizers. The sale must be approved by a bankruptcy judge.

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SHAWANO - A teen driver has been ordered to stand trial on charges resulting from a crash that killed three young passengers in Shawano County.

Eighteen-year-old Ryan Swadner is facing 11 charges, including eight felonies.

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ST. GERMAIN - You can see artwork from artists across Wisconsin this weekend, when the St. Germain Chamber of Commerce hosts the 8th annual Walk in the Woods Art Fair.

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