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Thilmany to become part of specialty paper giant

KPS Capital Partners to combine resources with Wausau Paper

9:23 PM, Apr. 22, 2013
The International Paper Thilmany paper mill in Kaukauna has been sold to KPS Capital Partners, which will merge it and a mill in De Pere with those it purchased from Wausau Paper Co.
The International Paper Thilmany paper mill in Kaukauna has been sold to KPS Capital Partners, which will merge it and a mill in De Pere with those it purchased from Wausau Paper Co.
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Further consolidation of Wisconsin's paper industry in the long run likely will preserve jobs and keep mills open for future generations, a union official said Monday.

That's the expectation of John Geenen, international vice president of the paper sector for the United Steelworkers, a Pittsburgh-based industrial union representing about 850,000 members in North America, including more than 1,000 Wisconsin paper mill workers.

Geenen's enthusiasm follows Monday's announcement by Packaging Dynamics Corp. that it signed a definitive agreement to sell its specialty paper ...

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