UPDATE: Developers purchase former Brokaw paper mill - WAOW - Newsline 9, Wausau News, Weather, Sports

UPDATE: Developers purchase former Brokaw paper mill

BROKAW (WAOW) -

Newsline 9 talked with the developer at Brokaw Development LLC. The company recently purchased the Wausau Paper mill in Brokaw for an undisclosed amount. Eric Spirtas says the purchase is a positive step forward for the community, "We are talking with manufacturing and services companies, looking for a good fit for the community. It is a four letter word, jobs, jobs, jobs."

When the Brokaw mill closed earlier this year, hundreds of workers lost their jobs. The plant now sits idle.

The Marathon County Economic Development Corporation is working closely with community leaders in hopes of setting up a comprehensive growth plan. It would focus on business and residential development.

For more information on the Brokaw Development LLC announcement, you can read their following release.

 
Brokaw Development LLC released a statement, saying the company bought the mill and plans to redevelop the site. "We've established Brokaw Development as the entity that will manage site redevelopment. Although the mill will not be restarted to make paper, we are confident, based on the experience of Niagara Worldwide, area study and our ability to locate users, site re-use is imminent," said Eric Spirtas the principle of  Brokaw Development LLC in a press release.

In February the mill shut down after more than 100 years of paper production. The closure left hundreds of workers without jobs.

Developers haven't released any details about the plan  to repurpose the site yet. Though Marathon County economic development leaders hope the redevelopment will bring jobs to the area. "We are excited to work with the new owners of this key commercial site. Based on our early looks at their plan to repurpose and redevelop the site, their efforts will provide Brokaw with a fresh start and maintain the villages' long standing role as an important economic asset in the central Wisconsin region," Marathon County Development Corporation Economic Development Director Dave Eckmann is quoted as saying in the press release.

Powered by Frankly