Verso to Idle Duluth Paper Mill, Cites Market Decline

The Verso Corporation today announced that it is taking immediate actions to offset unprecedented market decline due to the COVID-19 pandemic and to reposition the company for future success.

Verso will indefinitely idle paper mills in Duluth and Wisconsin Rapids, Wisconsin.

At this time, the company will explore viable and sustainable alternatives for both mills, including restarting if market conditions improve, marketing for sale or closing permanently.

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