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Nekoosa paper execs to buy their Coated Products plant

Nekoosa Coated Products logo (courtesy of Twitter)
Nekoosa Coated Products logo (courtesy of Twitter)

NEKOOSA, WI (WTAQ) - Executives in central Wisconsin are about to buy the specialty paper plant where they work.

Officials of Nekoosa Coated Products are joining Wingate Partners of Dallas in purchasing the Nekoosa plant from its current owner, Dunsirn Partners of Appleton.

The terms of the deal were not disclosed.

Nekoosa CEO Paul Charapata says it will allow the company to diversify its product lines, and find new manufacturing capabilities.

The firm has around 90 employees, and the new owners expect to add more people in the next 12 to 16 months.