Wausau Paper To Close Wisconsin Mill

摘要

Wausau Paper said it will close its Brokaw paper mill in Wisconsin, cut 450 jobs and exit its print and color business, making it the latest paper company to shut down plants. "Our decision to exit print and color was ultimately driven by dramatic and irreversible market demand decline," Chief Executive Thomas Howatt said in a statement. Wausau will exit the print and color business by selling the brands it owned to Neenah Paper Inc. Financial details of the deal were not disclosed.