Wausau Paper plant in Minnesota has potential buyer
BRAINERD, Minn. (AP) — A Wausau Paper plant in the east-central Minnesota city of Brainerd might have a potential buyer.
City officials aren't releasing the name, but a purchase could be good news after the mill's closure in April cost about 130 workers their jobs.
City administrator Theresa Goble told the Brainerd Dispatch Wednesday that local officials will soon meet with the potential buyer "to discuss options or alternatives that might be available to facilitate the return of the mill to productive operations."
"We hope it works out with the potential buyer," City Councilman Gary Scheeler said. "To put a business in this plant would be extremely good news for the area. It's too early to tell exactly what the outcome will be."
Wausau Paper officials did not return the newspaper's phone call for comment.
The city has placed its own bid on the plant's hydroelectric dam, which is being sold separately from the facility itself, and both sides are now finalizing the deal. Goble said the purchase price is not public information yet.
Copyright 2013 The Associated Press.