Sept 16 (Reuters) - Wausau Paper Corp:
* Announces consolidation of business units
* Plans to consolidate specialty products and printing & writing businesses
into single unit
* Consolidated business unit, Wausau Paper Mills LLC, will be led by Henry
Newell as its senior vice president
* Says new structure will provide direct administrative cost reductions of more
than $2 million per year
* Says move does not impact organization of the company's towel & tissue
business unit
* Says Newell will assume immediate leadership of the company's printing &
writing business
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Announces consolidation of business units
* Plans to consolidate specialty products and printing & writing businesses
into single unit
* Consolidated business unit, Wausau Paper Mills LLC, will be led by Henry
Newell as its senior vice president
* Says new structure will provide direct administrative cost reductions of more
than $2 million per year
* Says move does not impact organization of the company's towel & tissue
business unit
* Says Newell will assume immediate leadership of the company's printing &
writing business
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.