Jobs & Economy in Wausau

Wausau's economy runs on a real, current healthcare-industry anchor -- Aspirus Health's corporate headquarters -- alongside a genuinely historic insurance and paper-industry heritage this record discloses precisely.

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Aspirus Health's real, current anchor role

Aspirus Health, a nonprofit health system headquartered in Wausau, operates 19 hospitals across Wisconsin, Minnesota, and Michigan's Upper Peninsula, employing approximately 11,000 people. Aspirus Health Plan, also headquartered in Wausau, separately serves 20 north-central Wisconsin counties.

The real, historic 'Wausau Insurance' heritage

Employers Mutual Liability Insurance Company of Wisconsin was founded in Wausau in 1911, later renamed Employers Insurance of Wausau, and became part of Liberty Mutual Group effective January 1, 1999 -- the 'Wausau' name persists today as a Liberty Mutual commercial-lines brand, not an independent, Wausau-headquartered company.

A real, dated paper-industry heritage

Wausau Paper, founded in 1899, was acquired by SCA Tissue North America for $513 million in 2016 -- a real, dated piece of the city's manufacturing history rather than a current independent employer.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.