Rothschild was formed in 1909 when a group of Wausau businessmen built a pulp and paper mill on the Wisconsin River. The mill is now operated by Domtar Paper Company. Rothschild, WI is growing and is home to the Cedar Creek Mall area featuring restaurants, retail stores and hotels. The Village shares a summer aquatic center with the City of Schofield. Rosthschild is located on the east side of the Wisconsin River with access to Lake Wausau.