Verso Paper Corp. has announced plans to close three paper machines, reducing its annual production capacity by around 193,000 tons. Verso will be closing its No. 2 coated groundwood paper machine at ...

The operator of a large Duluth paper mill on Tuesday shot down a proposed merger with a competitor that operates another Minnesota mill. Miamisburg, Ohio-based NewPage Corporation—which owns the ...

Verso Paper Corp. announced Monday that it will buy competitor NewPage Holdings Inc. in a $1.4 billion deal that shakes up the U.S. paper industry, including a mill in Duluth. The combined company ...

Minnesota regulators on Thursday said the former owner of the Duluth paper mill must honor its existing contract and continue making payments to Minnesota Power, even with the mill under new ownership ...

The Verso Paper Mill closure in December 2014 cost Bucksport 40% of its tax base and hundreds of jobs. By early 2020, planning and partnerships resulted in full downtown storefronts, numerous ...

MEMPHIS, Tenn., & MIAMISBURG, Ohio--(BUSINESS WIRE)--Verso Paper Corp. (NYSE:VRS), a leading North American producer of coated papers, and NewPage Holdings Inc., a leading producer of printing and ...

MEMPHIS, Tenn.--(BUSINESS WIRE)--Verso Paper Corp. (NYSE: VRS) announced today the completion of the tender offer (the “Tender Offer”) of two of its subsidiaries, Verso Paper Holdings LLC and Verso ...

Three employee unions at Verso Paper's Bucksport mill are expected to vote today on a new contract, according to the Bangor Daily News. Members of the United Steel Workers, the International ...