On Air Now

Current Show

WSAU Wisconsin Morning News   5:00 AM - 8:00 AM

Seth Mela, Tom King and Chris Conley

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 550 AM Wausau, WI 99.9 FM Stevens Point, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
54° Feels Like: 54°
Wind: SW 0 mph Past 24 hrs - Precip: 0.01”
Current Radar for Zip

Today

PM Thunderstorms 75°

Tonight

Clear 53°

Tomorrow

Mostly Sunny 79°

Alerts

Union workers in Mosinee, Rhinelander sign new deal with New York paper company

Wausau Paper logo
Wausau Paper logo

UNDATED (WSAU-Wheeler) - Union employees at three Wisconsin paper mills have ratified a new contract which paves the way for a private equity firm to buy those plants and keep them running.

K-P-S Capital Partners of New York had agreed earlier this year to buy the Mosinee and Rhinelander plants owned by Wausau Paper – plus the Kaukauna and De Pere mills from Thilmany Papers. The deal was contingent on new union contracts.

Today, the United Steelworkers said its members approved a four-year deal which includes higher wages, better health benefits, and what the union called “retirement security.” De Pere is a non-union plant, so it was not involved in the contract decision. The new firm will become the state’s largest paper-maker with a total of 18-hundred employees in Wisconsin.

All four mills make specialty papers for things like food wrappers. K-P-S is still looking for a name for its new acquisitions.

Comments