Tuesday, October 25, 2005

Wausau Paper Reports a Loss for Third Quarter

Wausau reported a net loss this past quarter of $9million compare to earning $8.1million for the third quarter 2004. Although the Tissue and Towel unit as well as the Specialty Division yielded positive sales, the printing and writing sector remained weak and the mill could not raise prices to cover increases in energy, chemicals, and transportation. Management sited success with its new grade introductions of OptiServ, Exact Ice, and Exact Digital.
Wausau reduced printing and writing capacity in Brianerd by 5000 tons and over 50,000 tons in Brokaw (Brokaw continues to take down time).
Paper.com has Wausau available, in stock, and ready for immediate shipment.

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