Monday, January 14, 2013

Wausau Paper Narrowing Focus to Tissue

Wausau Paper narrowing focus to tissue
Wausau Paper recently announced that it commenced a process last year to identify strategic alternatives for its Paper Segment that will position the company to focus its management efforts on continuing the growth of its highly successful tissue business.
In early 2012 Wausau Paper exited its legacy Print & Color business and narrowed the focus of its Paper Segment to specialty products with leading domestic and global positions in food, industrial and tape markets. Since that time the Company retained financial advisors to assist the company’s board of directors in the evaluation of alternatives for the remainder of the Paper Segment.