Wausau Paper scaling back
MOSINEE, WI — The reduction of operations at a Brokaw mill has led to 10 layoffs and a disappointing first quarter for investors, according to the Wausau Daily Herald.
In February, the Wausau Paper Corporation moved to a five-day workweek at its Brokaw mill as the demand for white printing and writing paper continued to decline, the article stated.
"If demand increased and our customers were looking for more (paper) grades we couldn''t serve on a five-day schedule, we would consider a longer schedule," said spokesman Perry Grueber.
"The truth is the pattern of demand in those segments of the paper market have been in decline since 2000," Grueber added.
According to a company release, Wausau Paper reported a $1.4 million loss during the first quarter, compared with a net income of $2.9 million in 2010''s first quarter.
If the workload at the mill increases, laid-off workers could be called back at any time, the article noted.
Click here to read the complete article.