A $24 million project adds two massive presses that stamp out steel parts and comes after a $43 million expansion in 2016 to further strengthen the workforce of 1,200.
Wausau Paper, of Mosinee, said late Thursday it has signed a non-binding letter of intent to sell its Rhinelander and Mosinee specialty paper mills to NewCo, a new company to be formed and controlled by investment funds sponsored by KPS Capital Partners, for $130 million cash.
Wausau Paper, Mosinee, said late Thursday it will close its technical specialty paper mill in Brainerd, Minn., this spring, ending the jobs of…
The sprawling Wausau Paper plant at the south side of Boom Lake has provided thousands of workers with solid wages over the years and is a centerpiece of the community’s industrial base.
We suddenly have a front-row seat to watch a hedge fund in action. It’s occurring just a couple of hours from here, in Wausau.
Two major employers are closing, leaving 1,000 people out of work.