Under New Owners, Paper Industry Will Continue to Change

In the long, painful story of the paper industry’s transformation, the news this month that NewPage Holdings had been sold to Memphis, TN-based Verso Paper counts as a positive development.

On the other hand, the news Saturday that the activist hedge fund that pressured Wausau Paper into selling its mills in Mosinee and Rhinelander now wants the company out of Wisconsin underscores the difficult, sometimes wrenching transition paper makers are still undergoing here.