Wausau Paper Corp. (Wausau Paper) manufactures, converts, and sells paper and paper products. As of December 31, 2011, the Company had six operating facilities located in four states. The Company operates in two principal segments: Tissue and Paper, with both business segments marketing their products under the Wausau Paper brand name. The Tissue segment produces a complete line of towel and tissue products that are marketed, along with soap and dispensing systems, for the away-from-home market. During the year ended December 31, 2011, the Paper segment produced specialty and fine printing and writing papers within four core markets - Food, Industrial and Tape, Coated and Liner, and Print and Color. In January 2012, the Company sold print and color brands to Neenah Paper, Inc. of Alpharetta, Georgia.