Verso Corporation announced the completion of the sale of the company's closed mill in Duluth, Minnesota, to ST Paper 1, LLC, effective May 13, 2021.

Verso completes sale of its Duluth, Minnesota, mill

Verso Corporation announced the completion of the sale of the company's closed mill in Duluth, Minnesota, to ST Paper 1, LLC.

"Since the idling of the Duluth Mill in July 2020, we have been working diligently to find a viable and sustainable alternative for the Duluth Mill," said President and CEO Randy Nebel. "We are pleased to have found a buyer who plans to operate the Duluth Mill in the future, providing local employment opportunities and serving the local business community and residents of the Duluth area."

Verso Corporation is a leading American owned and operated producer of graphic, specialty and packaging paper and market pulp.

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