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JAMES RIVER CLOSES ON SALE OF GROVETON, N.H., MILL

 RICHMOND, Va., April 2 /PRNewswire/ -- James River Corporation (NYSE: JR) announced today the completion of the sale of its Groveton, N.H., paper mill to Wausau Paper Mills Company (NASDAQ-NMS: WSAU). Terms of the sale were not disclosed.
 In anticipation of the sale, James River has transferred the manufacture of printing and writing papers from Groveton to other James River facilities in order to provide uninterrupted service to its customers. Larger, lower cost, alternate facilities provide additional growth opportunities with existing customers as well. James River will retain all of the Groveton registered brand names, including GRAPHIKA! text and cover, WORD PRO office papers, and the RICHMOND line of commercial printing papers.
 Simultaneous with the sale of the Groveton mill to Wausau, James River concluded its previous agreement with Groveton Paperboard, Inc., whereby Groveton Paperboard will take over the management of daily operations of its corrugated medium machine located on the Groveton mill site.
 James River Corporation, headquartered in Richmond, Virginia, is a marketer and manufacturer of consumer products, food and consumer packaging and consumer-related communications papers. These product lines include brands such as QUILTED NORTHERN bathroom tissue, BRAWNY paper towels, DIXIE cups and plates, EUREKA! recycled copy paper, QUILT-RAP sandwich wrap and QWIK CRISP microwave packaging. For the year which ended on December 27, 1992, the company had sales of $4.7 billion.
 -0- 4/2/93
 /NOTE: GRAPHIKA!, WORD PRO, RICHMOND, QUILTED NORTHERN, BRAWNY, DIXIE and QWIK CRISP are registered trademarks. EUREKA! and QUILT- RAP are trademarks./
 /CONTACT: Celeste C. Gunter of James River Corporation, 804-649-4307/
 (JR WSAU)


CO: James River Corporation; Wausau Paper Mills Company ST: Virginia IN: PAP SU:

TW -- DC006 -- 2501 04/02/93 12:09 EST
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Publication:PR Newswire
Date:Apr 2, 1993
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