Wausau Paper Announces Closure of Brainerd, MN, Mill
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Wausau Paper announced the closure of the company’s technical specialty paper mill in Brainerd, MN, to occur early in the second quarter of 2013. The closure will affect approximately 130 employees.
The Company recently announced its intent to strategically reposition the company to focus on its Tissue business. A range of alternatives for the divestiture of the technical specialty business have been explored. It has become clear that Brainerd will not contribute to those alternatives and the closure will significantly improve the continuing Paper segment operating results.
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