Rhinelander, Mosinee mills sold to investors, employees are hopeful

Wausau Paper is selling its mills in Rhinelander and Mosinee to a private equity firm for $130 million. KPS Capital Partners, of New York, plans to acquire another company that will be combined with the specialty paper business. The Rhinelander and Mosinee paper mills employ about 900 workers and produce technical specialty paper. Full Story: Antigo Daily Journal