Wisconsin

Capital Recovery Group announces dates for auctioning paper mill equipment in Wisconsin Rapids

Published

2 years ago

April 15, 2024

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Capital Recovery Group announces dates for auctioning paper mill equipment in Wisconsin Rapids

After Billerud announced it would sell its idled Wisconsin Rapids property, the new owners will auction off equipment this month.

WISCONSIN RAPIDS – Paper machines and other equipment will be auctioned off later this month in Wisconsin Rapids.

Verso announced in June 2020 it would idle production at its paper mills in Wisconsin Rapids and Duluth, Minnesota, at the end of July because of a decline in demand for graphic paper. In March 2022, Verso officially merged with BillerudKorsnäs AB, who since changed its name to Billerud. Last month, Billerud announced it would sell the idled portions of its Wisconsin Rapids paper mill to Capital Recovery Group LLC.

PCR Rapids, a group made up of Capital Recovery Group, Rabin Worldwide and PPL Group, announced Friday it will start finding parties interested in buying the entire mill site or select portions. According to that announcement, the entire site stands on 1,400 acres along the Wisconsin River. PCR will own the land, but Billerud will continue owning and operating its hydroelectric facilities and the converting facility, employing 130 workers directly.

PCR will market paper machines and other operating equipment for sale. At the same time, the group will host a three-day public auction for spare inventory, maintenance equipment, rolling stock and more from April 23 through 25. Items up for auction include fabricating equipment, complete machine shops, welders, bulldozers, cranes, log loaders, forklifts, pumps, winders and more. The auction can be found at www.rabin.com. More information and appointments can be made to see items for sale by contacting Rabin Worldwide.

Who’s involved?

Capital Recovery Group is a global private equity firm that specializes in industrial assets and real estate. The company revitalizes idled or marginally productive assets and liquidates surplus. The company also provides realty services, including creating opportunity for repurpose, sale, leasebacks, real estate auctions, plant decommissioning, demolition and remediation management. It also offers auction services for industrial assets.

Rabin Worldwide Inc. is an industrial auction and real estate investment company that focuses on acquisitions and sales of industrial equipment and production facilities worldwide.

PPL Group is a private equity firm that offers liquidity solutions for companies through asset disposition, financing or direct investment. The company works with purchasing and selling commercial and industrial assets, real estate and facilities.

More about the sale: Wisconsin Rapids paper mill sale: Here’s what we know, what we don’t know and how we got here

Contact Caitlin at cshuda@gannett.com or follow her on Twitter @CaitlinShuda.

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Wisconsin

Sister Bay, Wisconsin: 2026 USA TODAY 10BEST Readers’ Choice Awards

Published

5 hours ago

March 3, 2026

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Sister Bay, Wisconsin: 2026 USA TODAY 10BEST Readers’ Choice Awards

Located in scenic Door County, Wisconsin, the town of Sister Bay is a waterfront town directly on Green Bay. Outdoor enthusiasts head to Sister Bay for its access to hiking trails, nature preserves, and water pursuits such as boating, fishing, and ice-skating during winter. The town hosts a number of seasonal festivals including a film fest, marina fest, outdoor concert series, and the Door County Festival of Fine Arts. The annual Roofing of the Goats Parade is a popular event tied to Al Johnson’s, a local restaurant known for goats that graze on its rooftop during summer months.

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Wisconsin

Vote: Who is Wisconsin High School Boys Basketball’s Top Guard of 2025-26?

Published

17 hours ago

March 2, 2026

Press Room

Vote: Who is Wisconsin High School Boys Basketball’s Top Guard of 2025-26?

With the action-packed Wisconsin high school boys basketball regular season completed and March Madness beginning, it’s time to take a look at some of the outstanding players and cast your vote for the best.

We began by looking at the most prolific individual scoring threats, talented 3-point shooters,strong rebounders, and top free-throw shooters so now it’s time to take a look at the high-caliber guards from throughout the state.

There are hundreds of high-caliber boys basketball players in Wisconsin, and these lists are not intended to be comprehensive.

Voting remains open until March 9 at 11:59 p.m. PT.

(Players are listed in alphabetical order and all nominees are leaders from the 2025-26 season as compiled by Bound.com, and WIAA; the poll is below the list of athletes)

Castillo is averaging 25.4 points per game with 5.4 rebounds, 2.3 assists, and 1.1 steals for Greendale (18-6 overall record).

Collien is averaging 15 points per game with 4.1 rebounds and 2.0 assists for Oakfield (21-3 overall record).

Edwards is averaging 14.1 points per game with 7.1 rebounds and 6.6 assists for D.C. Everest (21-3 overall record).

Gray Jr. was averaging 24.3 points per game with 6.9 rebounds, 4.0 assists and 2.1 steals prior for West Allis Central (22-2 overall record).

Hereford is averaging 36.4 points per game with 9.0 rebounds, 5.6 assists, and 4.1 steals for Beloit Memorial (22-2 overall record).

Johnson is averaging 27.3 points per game with 8.5 rebounds, 4.6 assists, and 3.6 steals for Milwaukee Juneau (22-1 overall record).

Jones is averaging 23.3 points per game with 5.0 rebounds, 3.3 assists, and 2.6 steals for Germantown (15-9 overall record).

Kern is averaging 16 points per game with 6.2 rebounds and 3.0 assists for New Berlin West (21-3 overall record).

Kilgore is averaging 14.6 points per game with 7.0 rebounds, 3.6 assists, and 3.0 steals for Kewaunee (24-0 overall record).

Kohnen is averaging 16.3 points per game with 3.8 rebounds, 1.8 assists, and 1.3 steals for Slinger (20-4 overall record).

Knueppel is averaging 17.4 points per game with 7.4 rebounds, 3.9 assists, 1.9 blocks, and 1.4 steals for Wisconsin Lutheran (24-0 overall record).

Loose is averaging 18.2 points per game with 5.3 rebounds, 3.0 assists, and 2.3 steals for Port Washington (23-1 overall).

Manchester is averaging 35.8 points per game for Mount Horeb (19-5 overall record).

Platz is averaging 19.5 points per game with 7.2 rebounds and 2.3 assists, and 1.4 steals for Brookfield East (19-5 overall record).

Prochnow is averaging 21.3 points per game with 11.1 assists, 4.8 assists, and 3.2 steals for Reedsville (21-3 overall record).

Resch is averaging 21.3 points per game with 3.3 assists and 2.0 steals for Arrowhead (18-6 overall record).

Schultz is averaging 27.4 points per game with 6.5 rebounds, 3.8 assists, and 2.0 steals for Plymouth (17-7 overall record).

Schwalbach is averaging 15 points per game with 4.7 assists and 3.3 rebounds, and 1.7 steals for Kaukauna (21-3 overall).

Sweeney is averaging 15.5 points per game for Appleton North (20-4 overall record).

Vandenberg is averaging 13 points per game with 2.3 assists and 2.0 rebounds for Freedom (23-1 overall).

About Our Player Poll Voting
High School on SI voting polls are meant to be a fun, lighthearted way for fans to show support for their favorite athletes and teams. Our goal is to celebrate all of the players featured, regardless of the vote totals. Sometimes one athlete will receive a very large number of votes — even thousands — and that’s okay! The polls are open to everyone and are simply a way to build excitement and community around high school sports. Unless we specifically announce otherwise, there are no prizes or official awards for winning. The real purpose is to highlight the great performances of every athlete included in the poll.

— Jeff Hagenau | jeffreyhagenau@gmail.com

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