Each issue of PaperMoney is approximately 500 fact filled pages.
Logout
Click here for Pulp & Paper Radio International
Items just for you
New publication added! Advertising Arguments 2015 book
Free Downloads
Search
My Profile
Login
Management Side
Technical Side
Wausau Paper Consolidates Business Units
Print

Mosinee, Wisconsin, USA, 16 September 2009 -- (BUSINESS WIRE) -- Wausau Paper (NYSE:WPP) today announced plans to consolidate its Specialty Products and Printing & Writing businesses into a single strategic operating unit. The 01 January 2010, consolidation is expected to reduce administrative overhead, broaden market access for the business unit’s range of products, and improve manufacturing flexibility across its production facilities located in Rhinelander, Brokaw, and Mosinee, Wisconsin, and Brainerd, Minnesota. The move does not affect the organization of the company’s Towel & Tissue business unit.

“Consolidation of our Specialty Products and Printing & Writing businesses into a single strategic operating unit further builds on the success of restructuring initiatives completed over the last two years," said Thomas J. Howatt, president and CEO. "In addition to providing direct administrative cost reductions of more than USD 2 million per year, the new structure will enhance market access and create a business unit with the flexibility to effectively serve both mature and growth-oriented markets.”

Wausau Paper, with revenues of USD 1.2 billion in fiscal 2008, produces and markets fine printing and writing papers, technical specialty papers, and away-from-home towel and tissue products. To learn more about Wausau Paper, visit www.wausaupaper.com.



Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: