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Wausau Paper Selling Three Mills

14 Jan News

Wausau Paper Corp. plans to sell three of its mills, including two in North Central Wisconsin.

The mills up for sale are in Mosinee and Rhinelander as well as a third in Brainerd, Minn. Those three mills make paper used for packaging, the food industry, linings and masking tape.

Wausau Paper says the Mosinee-based company will begin looking for potential buyers of those mills, and cannot comment on timing or terms of any transaction.

The Journal Sentinel reports the company will switch its focus solely to making tissue and towel, which are produced at its mills in Kentucky and Ohio. Wausau Paper currently is investing $220 million at its Harrodsburg, Ky., mill.

Last year, Wausau Paper closed its oldest mill in Brokaw, which made paper for printing and writing. That move eliminated 450 jobs.