Central Wisconsin Business Aug. 29, 2012
Transcription
Central Wisconsin Business Aug. 29, 2012
ent company 9/4/12 buys former Brokaw paper mill | Wausau Daily Herald | wausaudailyherald.com JOBS CARS HOMES APARTMENTS DEALS CLASSIFIEDS TEXT News FEATURED: News tipline Greater Wausau 12 For '12 HomeFinder LOG IN Sports Business Opinion Video/Photos Outdoors SUBSCRIBE ACTIVATE Entertainment E-NEWSPAPER Life HELP Obits/Records SEARCH Find what you are looking for ... ADVERTISEMENT Development company buys former Brokaw paper mill 2:53 PM, Aug 29, 2012 | Recommend 2 Recommend 1 Comments Tw eet 0 0 A 2 people recommend this. A ADVERTISEMENT Most Popular Wausau Paper's Brokaw paper mill can be seen from the on-ramp of Highway 51, Friday, July 29, 2011, near Brokaw. Dan Young/Wausau Daily Herald. FILED UNDER CWS Business BROKAW — A development company has purchased the former Eric J. Spirtas, a partner of Brokaw Development, said the deal with Wausau Paper has been in the works for several months. The future development for the site has not yet been determined, but the mill will not be used to make paper, he said. More Headlines 1 Packers fence gets slogan 2 Local charities plagued with bad donations 3 No quit in rookie Manning 4 Back-to-school shoppers delay some purchases 5 Actor Michael Clarke Duncan dead at 54 Wausau Paper mill in Brokaw with plans to develop and market the property to create new jobs. Most Commented Most Viewed “We like to scream one four-letter word as loud as we can — jobs,” Spirtas said this morning. Wausau Paper sold its printing- and writing-paper division in January and shuttered its mill north of Wausau in February, leaving 400 Brokaw employees out of work. A new business in the paper mill would be good news for surrounding municipalities, too, said Wausau Assistant Community Development Director Heather Wessling. Wood County inmate captured, jail administrator suspended Sep. 01, 2012 PHOTO GALLERIES wausaudailyherald.com/article/20120829/…/Development-company-buys-former-Brokaw-paper-mill 1/4 ent company 9/4/12 buys former Brokaw paper mill | Wausau Daily Herald | wausaudailyherald.com “You’re just as strong as the area businesses that surround you,” Wessling said. Up-and-coming industries such as craft brewing or information technology could be a good fit for the old paper mill, Wessling said. Labor Day Parade 2012 Championship Game in Elderon “A business has a life cycle and we have to work with those life cycles, you have to find new opportunities,” she said. Paper Mill Job Openings Hiring Operators. See list of Jobs. Up to $17-30/hr + OT + $85 Per Diem www.StromEngineering.com Merrill City Administrator Dave Johnson said the sale could be big for Merrill residents who lost their jobs when the mill closed earlier this year, but only if the development company finds businesses to fill the space. “If it opens for business in any manner, it would benefit Merrill,” he said. “But its value is in running as some form of long-term employer.” Spirtas declined to say how much the property was purchased for. Marathon County Land records show that the land still is owned by Wausau Paper Mills, said Debbie DeLaporte, an accounting assistant for the county. ADVERTISEMENT Wausau Paper Mills purchased the property for $51 million in 2007, according to land Purchase Image ZOOM Wausau Paper's Brokaw mill, photographed, Tuesday, Oct. 25, 2011. / Dan Young/Wausau Daily Herald ADS BY PULSE 360 AdChoices Do This, Lose Belly Fat! Woman Loses 27lbs with Less than $10! ConsumerHealthWatch.org records. Spirtas is president of Niagara Worldwide, which purchased in February 2011 the former NewPage paper mill in Niagara. The company is in the process of redeveloping the property, but has recently reactivated a landfill at the site and sold a building to a steel fabrication business that created about 20 jobs. Spirtas sees similar possibilities in Brokaw. Duro-Last Commercial Roofing Systems Made to fit your building, install quickly, stop leaks, save energy www.duro-last.com Missouri Refinance at 2.35% $150,000 Mortgage for $581/mo. Lower Your Mortgage Now! Read more... “We want to see if we can subdivide and logically develop pieces so we don’t impact future development, but take advantage of current development possibilities,” Spirtas said. Chris Marlowe, 43, of Merrill, worked at the mill for 20 years before he lost his job in February. He was excited when told of the sale. “It is great news. Anything that has the potential to generate jobs in our area is a plus,” Marlowe said. The Daily Herald will update this story as more information becomes available. 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