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Wausau Paper Sales Up 2% in 2010

Paper product manufacturer Wausau Paper (NYSE: WPP), Mosinee, WI, reported sales for 2010 were $1.05 billion, up 2 percent. Profit was $23.8 million. Shipments declined 3 percent from the prior year.

Wausau reported sales in the fourth quarter were up 1 percent to $260.2 million, while shipments declined 4 percent from the prior-year period. Profit was $15.2 million.

The company's Tissue segment's sales were down 1 percent, and the Paper segment's sales were up 2 percent in the fourth quarter.

Wausau Paper produces and markets specialty papers for industrial, commercial and consumer end markets.

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