Flambeau River Papers has operated the Park Falls mill since 2006, investing over $24 million in process and infrastructure improvements. #3 paper machine primarily produces commodity white papers and has been impacted by the ongoing and unprecedented rise in pulp costs coupled with an in-elasticity of commodity paper price. An effort to find a buyer for a Park Falls paper mill has fallen through and the next step for Flambeau River Papers could be liquidation. The Marshfield and Wisconsin Rapids PD’s have also added that they will not be enforcing it. He says that also gives them time to seek new employment.“A smaller, but more focused FRP should enhance our ability to find the right buyer,” Johnson ended.According to multiple reports, Major League Baseball has canceled Saturday’s Brewers vs. Cardinals game due to more St. Louis players testing positive for COVID-19.A fantastic Friday with temperatures remaining in the upper 70s and low 80s this afternoonA charter school based out of Medford that serves students from all over the state goes the extra mile and then some to put on a graduation ceremony today in Marathon County.Ace Hardware in Weston started its annual “Bucket Sale” for the Children’s Miracle Network Friday.WEAU learned Friday about plans for the Jacob Leinenkugel Brewing Company in Chippewa Falls to change its logo.Weston Ace Hardware begins bucket sale for Children's Miracle NetworkNumerous law enforcement agencies are saying they won’t enforce the mask mandate from Governer Evers. That's expected to happen on or before July 8. The mill produces a variety of paper products including printing, converting, book, art and specialty papers. Chapter 128 is a voluntary debt consolidation plan through the Wisconsin Circuit Court system.“The receiver is authorized to continue to run the business and intends to do so while seeking the customary relief offered under this statute.”The Ashland Daily Press reported in January, 82 positions were terminated.Spokesman, Aaron Johnson stated, “This is a difficult time for FRP family and we commend everyone for their efforts as we continue to position ourselves for a successful sale process”.He says current employees will remain for 60 days to insure there is no interruption in supply. US Lignin Supplier Flambeau River Papers in Financial Problems By Axel Barrett May 10, 2019 August 21, 2019 One of Borregaard`s suppliers of lignin raw material, Flambeau River Papers LLC in Wisconsin, USA, announced 8 May 2019 that it has undertaken an Assignment for the Benefit of Creditors under Chapter 128 of the Wisconsin Statutes. The mill was shut down. What is the Difference Between Biodegradable, Compostable and OXO Degradable?The History and Most Important Innovations of BioplasticsLondon Students Turn Lobster Shells into Biodegradable Packaging The Company offers printing, converting, book, art, and specialty papers.
That employee was told no one would be working until the mill had a new owner, and he should file for unemployment. Flambeau River Paper announced the shutdown of its #3 paper machine to be effective immediately. Many of them share a similar sentiment.Group of Wausau parents call on school district to open schoolsMany area law enforcement agencies say they're too busy to enforce mask mandateUPDATE: Flambeau River Papers notifies DWD about layoffs Rural Virtual Academy hosts special graduation ceremony in KronenwetterWeston Ace Hardware begins bucket sale for Children’s Miracle NetworkWeston Ace Hardware begins bucket sale for Children's Miracle NetworkGrowing list of law enforcement agencies say they won’t enforce mask mandateGroup of Wausau parents call on school district to open schoolsMany area law enforcement agencies say they're too busy to enforce mask mandate According to the Wisconsin Department of Workforce Development, Flambeau River Papers has notified them that it plans to reduce its workforce by a total of 65 workers. The mandate goes into effect tomorrow. That's sparked uncertainty for many people in the city. See stock exchange releases of 21 October and 3 November 2015. Flambeau River Papers Tier 1 participant since 06/12/2012. This is a voluntary debt consolidation and administration mechanism taking place in the Wisconsin Circuit Court system.The proceeding is a state procedure which is similar to a federal US Chapter 11 bankruptcy which is commonly used by companies in financial difficulties in Wisconsin.The company has announced that it will continue to operate in the ordinary course of business under the control of a receiver, but due to declining paper markets Flambeau will shut down one production line for paper in addition to the idling of one machine this winter.A spokesperson for Flambeau has declared that a buyer is being sought for the company.In the event that raw material deliveries from Flambeau will be reduced or terminated, Borregaard will supply North American customers from other manufacturing sites.The book value of the intangible assets related to the acquisition of the Flambeau lignin business was USD 3,1 million as of 30 April 2019.Borregaard acquired Flambeau`s lignin business in 2015 and entered into a long-term supply agreement for lignin raw material of approximately 40,000 tons per year.