NewPage Shutters Wisconsin Mill

According to Mark Suwyn, chairman and CEO of NewPage, the move was in response to a slowdown in demand for coated paper, as the weak economy has taken a bite out of print advertising. Also, the Kimberly mill did not have a pulp mill to support the paper operations.

The Kimberly mill was one of the assets NewPage reaped when it plunked down $2.5 billion for Stora Enso’s North American assets last December.