Loading
Search
NEWS STORIES

Rhinelander's Mayor cautiously optimistic mill buyer will keep plant openSubmitted: 03/22/2013
Lane Kimble
Lane Kimble
News Director
lkimble@wjfw.com

Rhinelander's Mayor cautiously optimistic mill buyer will keep plant open
RHINELANDER - We need to wait awhile to figure out how the sale of Wausau Paper's Rhinelander and Mosinee mills will really effect the communities.

But Friday night, we did find a sense of cautious optimism coming from city leadership.

Rhinelander Mayor Dick Johns worked at the paper mill from 1955 to 1994. He's seen plenty of changes at the plant over the years, including three separate sales.

That past experience keeps him hopeful for the future.

"Confident's not a good word, but I'm hoping that it will be," Johns said. "That's important to all of us. You know, we have PrintPack down on the other side of town, that's an improvement to our community and we're proud of that and we're proud of that paper company."

KPS Capital Partners in New York invested $130 million to buy the two Wisconsin mills.

They're offering Wausau Paper 25 percent ownership in the new paper company they plan to form. Wausau Paper claims the investment group has "significant experience" in the paper business.

Mayor Johns hopes KPS understands Rhinelander needs to keep its mill.

"Any industry in this day and age is important to the community, especially when it's over 100 years old, you've had it here and it's been a part of your community for those many years," Johns said.

The sale isn't official just yet. There are seveal steps to go through, including establishing a new collective bargaining agreement with the unions.

Wausau Paper hopes to wrap things up by the end of the second quarter this year.

KPS invested in Waupaca Foundry, Inc., based in Waupaca, Wisconsin. Just last month, Waupaca Foundry dolled out a $200 million return to investers.

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





 IN OTHER NEWS

CONOVER -
June Dairy Month isn't just for the cows; it's for goats, too!

Hillbilly Hollow in Conover specializes in goat milk products, especially all types of cheese.

Kathy Martin makes around 35 flavors of soft goat cheese, along with other artisan cheese.

She says the calories are much less than regular cow milk cheese.

"I've had goat cheese that was absolutely horrible. Had it been my first try I would never try it again. BUT they're not all created equal. It's just like with cheddars or anything, sometimes you don't get one as good as another one. Just keep trying."

Hillbilly Hollow just opened a brand new store in Eagle River with all of its goat products.

Click below for more info.

+ Read More

MADISON - Two Marathon County men face federal methamphetamine charges.

According to the U.S. Attorney's Office for western Wisconsin, a federal grand jury has issued indictments against 33 year old Antron Allen of Mosinee and 32 year old Nathaniel Drow of Schofield.

+ Read More

MILWAUKEE - Milwaukee is on the short list to host the Democratic National Convention in 2020.

Wisconsin's largest city was among four cities to make the cut Wednesday by the DNC site selection committee. But the Denver Post is reporting that city, which also made the cut, is planning to withdraw its application.

+ Read More

Play Video

PRICE COUNTY - Sitting on a bike is where Tessa Otto finds her freedom. 

"Riding on a Harley is unlike any feeling you're ever going to have," said Tessa as she stood beside her 2018 Street Glide Special.

"This is probably the coolest thing I'll ever do in my life. I'm peaking now at 20," said Tessa with a laugh. 

+ Read More

Play Video

LAKE TOMAHAWK -
A U.S. Marine wanted special cabin where veterans and their families could grieve the loss of others.

Matt Raimer never got to see that cabin built.  He lived until he was 25.  Now, Raimer's family is teaming with Camp American Legion in Lake Tomahawk to build Matt's dream.

Work started on a project at Camp American Legion in Lake Tomahawk Wednesday.

The project offers families of America's fallen service members a place to heal and grieve away from the noise of daily life.

+ Read More

MERRILL - Lincoln Community Bank will get a new owner this fall.

The Merrill-based bank was bought by mBank, which is based in the Upper Peninsula.

Lincoln Community Bank has branches in Merrill and Gleason.

The transaction will increase mBank's number branch locations from 29 to 31.

Eight are in Wisconsin.

+ Read More

RHINELANDER - Police accuse an Eagle River woman and her ex-husband of threatening and locking up a nurse practitioner in a Minocqua office last week, according to police.

Wednesday in an Oneida County courtroom a judge decided there was enough evidence to move forward with the case against 39-year-old Jillian Buza. According to a criminal complaint the Buzas locked the practitioner in the Marshfield Clinic office because she was trying to wean Jillian off opioids.

Police said her ex-husband held a hatchet and meat tenderizer to the nurse practitioner's face.
Minocqua Police Department Sergeant David Geiss testified about what Jillian did in that office, in court Wednesday.  

+ Read More
+ More General News
Search: 





Click Here