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
What We're Working OnSubmitted: 05/03/2016

- Three Democrats have lined up to challenge northern Wisconsin Congressman Sean Duffy. We'll introduce you to them tonight.

- Plus, we'll tell you about a class for single parents that the UW Extension will soon offer.

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

+ Read More

ONEIDA COUNTY - Parents don't always stay together or get married when they have a baby. But currently, there aren't many co-parenting educational options available in Oneida County.

That's why the UW-Extension Oneida County office is beginning to offer a class called Parents Forever.

+ Read More

MADISON - Federal authorities say an Illinois woman has died after being shot during an apparent drive-by shooting along a Wisconsin interstate while she was traveling home with her husband and children.

+ Read More

ASHLAND - U.S. Rep. Sean Duffy (R-Weston) won his congressional seat in 2010, and hasn't had a particularly tight race in any of his runs for re-elections.

His victories over Democrats Julie Lassa, Pat Krietlow, and Kelly Westlund were all fairly comfortable.

But three northcentral Wisconsin Democrats hope to end that streak.

+ Read More

WISCONSIN - Children's Hospital of Wisconsin says lab tests show that a child diagnosed with Elizabethkingia is not connected to the strain that has caused an outbreak of the bloodstream infection in Wisconsin.

+ Read More

CRANDON - People know John Muir as Father of the National Parks and an early pioneer of wilderness preservation.
 
The Wisconsin Historical Society is now celebrating his memory with a free traveling exhibit, currently on display at the Crandon Public Library.

+ Read More

LAC DU FLAMBEAU - With spring finally here, you'll probably start noticing more pests around the house.

That's why you'll want to start pest-proofing before temps get even warmer.

+ Read More
+ More General News
Search: 




Click Here