Wausau Paper

A Wausau firm ended 114 years of paper-making in Wisconsin Monday. The Wausau Paper Corporation signed a final agreement to sell its mills in Rhinelander and Mosinee to a new company sponsored by K-P-S Capital Partners of New York. The private equity firm is also acquiring Thilmany Paper mills in Kaukauna and De Pere, and it has a new name for the group – Expera Speciality Solutions. It will employ a total of 18-hundred people at the four Wisconsin mills. Raquel Palmer of K-P-S says it will be the largest specialty paper company in North America.


United Steelworkers members at Wausau Paper’s Rhinelander and Mosinee mills and the Thilmany mill in Kaukauna, have ratified a new collective bargaining agreement with KPS Capital Partners in anticipation of the private equity firm purchase of those mills. A Steelworkers spokesperson says the contracts improve on some of the conditions workers have at the mills.

Union spokesperson Lynne Hancock outlines the new agreement..