Wausau Paper facts for kids
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| Public | |
| Traded as | (NYSE: WPP) before Jan 21, 2016 |
| Industry | Pulp and paper |
| Founded | 1899 |
| Headquarters | Mosinee, Wisconsin, U.S. |
|
Area served
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North America |
|
Key people
|
Michael Burandt (Chairman and CEO) |
| Revenue |  US$352.0 million (2014) |
|
Operating income
|
 US$(2,762) million (2014) |
| US$(17,534) million (2014) |
|
| Total assets | US$463.9 million (2014) |
| Total equity | US$127.5 million (2014) |
|
Number of employees
|
870 (2014) |
Wausau Paper was an American company that made paper and paper products. It was known for producing items like paper towels and tissues. The company had about 870 employees in December 2014.
Wausau Paper had factories in Harrodsburg, Kentucky and Middletown, Ohio. It also had an office in Mosinee, Wisconsin, which helped support its operations.
About Wausau Paper
Wausau Paper Corp. started on June 9, 1899. For many years, it made and sold various paper products. The company focused on making towels and tissues for places outside the home. This included businesses, schools, and other public spaces.
By May 2014, Wausau Paper had two main factories and one support center. These facilities were located in three different states. The company sold its towel and tissue products along with soap and special dispensers. These items were all designed for use in public restrooms and other "away-from-home" settings.
Company Acquisition
Wausau Paper was bought by another company called SCA Tissue North America. This happened on January 21, 2016. The purchase cost $513 million. After the acquisition, Wausau Paper's stock was no longer traded on the New York Stock Exchange (NYSE).
External Links
- Company website
- Wausau Paper Corp EDGER Filing History
