KAUKAUNA, WI (WTAQ) – Two paper mills in Northeast Wisconsin officially have a new owner.
Earlier this year Finnish company Ahlstrom-Munksjo agreed to pay $615 million for the purchase of four Expera Speciality Solutions mills.
Those mills include Thilmany Mill in Kaukauna, Nicolet Mill in De Pere, one mill in Mosinee and another in Rhinelander.
The manufacturer’s ownership will change from a private equity firm to a publicly owned company with the sale.
Outagamie County executive, Tom Nelson told Fox 11 News, “This is great news for Outagamie County. Ahlstrom-Munksjo is an industry leader, respected around the globe, securing good-paying jobs right here in the Fox Valley. Today’s news affirms what we have known all along. We’re good at making paper. We look forward to a productive partnership for years to come.”
About 1,800 people are employees at Expera.
