Wausau Paper Corp. (WPP:NYSE)

Wausau Paper Corp. said Wednesday earnings increased more than sixfold in the third quarter, as two years of restructuring measures helped the Mosinee-based paper manufacturer bounce back after a weak 2008. Net income rose to $14.6 million, or 30 cents a share, from $2.3 million, or 5 cents, in the year-earlier quarter.

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Wausau Paper today reported that in the third quarter: -- Adjusted quarterly earnings of $0.23 per share reached their strongest level in 10 years. The company reported third-quarter net earnings of $14.6 million, or $0.30 per share, compared with net earnings of $2.3 million, or $0.05 per share, in the prior year.

JAY -- Interest in buying the used equipment and in leasing commercial space at the former Wausau Co. paper mill in Jay has been steady, but no decisions will be made until the sprawling building is prepared for winter, said one of the new owners on Friday. "We will take our time. The work will include segregating the various utilities to prepare opportunities for leasing space.