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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


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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Wisconsin water supplies deal with two contaminants during 2013Submitted: 08/20/2014

WISCONSIN - Wisconsin keeps high standards for clean drinking water. On a yearly basis, they do a good job at meeting that standard, but during 2013, more water supplies were found with one of two contaminants.

One contaminant, nitrate was found in more than double the amount of water supplies during the year compared to 2012. The 56 public water supplies found with high nitrate levels is a small number out of the thousands of water supplies in the state, but it can still be a big problem.

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Looking for a brand new restaurant to try?Submitted: 08/20/2014

RHINELANDER - Do you find yourself looking for new places to eat out?
Well, Tula's Cafe recently added a brand new location in the Northwoods.
We found out what makes them unique, in our latest helping of 'Morning Meals with Marisa.'

Tula's recently reopened in Rhinelander. This is their second location and the manager told us so far, so good.

Tula's manager Lana Knack explains, "They said it's great to have a new restaurant choice to go to up in the Northwoods. Tula's is very successful in Minocqua, so we model everything that they do and it's worked very well."

They have an extensive menu with items like pigs in a blanket, cinnamon rolls and much more.

"We've got a lot of really unique breakfast items. Especially featuring the Trigs Smokehouse. Our kielbasa omelettes have gone very well. We also have a wonderful eggs benedict," adds Knack.

And of course you're going to need something to wash it all down.

Knack says, "We have liquor service to enjoy a cocktail with any of your meals starting as early as 6 a.m. for those people that are shift workers."

The decor fits right in to the Northwoods and makes for a cozy dining experience.

"It's so unique with so many booths that people come in and sit for quite a while. So it's very comfortable for them," explains Knack.

Tula's grand opening runs through Labor Day and they'll have five dollar deals all throughout. If you want to check out Tula's, they open at 6 a.m., seven days a week.

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Date set for hearing on voter IDSubmitted: 08/20/2014

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Republicans passed a law in 2011 requiring voters to show photo ID.

A federal judge blocked the law earlier this year.

That was after the American Civil Liberties Union claimed the law was unconstitutional.

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Fashion show benefits Eagle River Memorial HospitalSubmitted: 08/19/2014

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The Partners-Auxiliary of Ministry Eagle River Memorial Hospital hosted the All Dolled Up Luncheon and Fashion Show in Eagle River Tuesday.

Auxiliary volunteers modeled clothes and accessories from both the shops.

They enable the Auxiliary to make big donations.

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Brand new Spudmobile hits the road in Wisconsin Submitted: 08/19/2014

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STEVENS POINT - The Spudmobile is Wisconsin's newest addition in potato education.

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Will the highway department relocate?Submitted: 08/19/2014

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If the purchase is approved, the highway department will move facilities. The details of the proposal have yet to be released. But, the county board has discussed the proposal in numerous closed sessions.

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First ever school Garden Symposium at TreehavenSubmitted: 08/19/2014

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TOMAHAWK - Treehaven in Tomahawk kicked off its first ever School Garden Symposium Tuesday.

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"Some of them are new to gardening completely," said Jasmyn Schmidt, a presenter at the symposium. "So they're learning how to start a garden, what you have to do for a garden, and what supplies are needed to start a garden. Some of them are a year or two into their gardens and are looking to learn maintenance or funding strategies to keep those gardens going."

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