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
|
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 creating items like paper towels and tissues. The company had about 870 employees in 2014.
Wausau Paper had factories in places like Harrodsburg, Kentucky, and Middletown, Ohio. It also had a support office in Mosinee, Wisconsin.
What Was Wausau Paper?
Wausau Paper started a long time ago, on June 9, 1899. For many years, it focused on making and selling paper goods.
The company specialized in products used "away-from-home." This means items found in places like schools, offices, or restaurants. They made paper towels, tissues, and even soap and dispensers for these places.
A Big Change for Wausau Paper
On January 21, 2016, something big happened to Wausau Paper. Another company called SCA Tissue North America bought it. This deal was worth $513 million.
After being bought, Wausau Paper's stock was no longer traded on the New York Stock Exchange (NYSE). This meant it was no longer an independent public company.
