JAY, Maine (AP) — A specialty-paper producer in Pennsylvania plans to buy Verso paper mills in Jay, Maine, and Stevens Point, Wisconsin, in a deal worth $400 million. Verso closed the 131-year-old Luke mill, whose operations span the Potomac on both Maryland and West Virginia shores, in May amid slumping demand for paper… Verso is still not buying back shares. Ohio-based Verso announced the agreement Tuesday to sell the mills to Pixelle Specialty Solutions, a privately held company in Spring Grove, Pennsylvania.
Verso is at peak inventory. In the Verso SEC filing section on its mill strategy, the company says it has “started a conversion into recycled packaging and kraft paper … Environmentalists say the controversial fuel known as black liquor, which Maryland counts as renewable energy, is fouling the Potomac River around the recently shuttered Luke paper mill in … Ohio-based Verso announced the agreement Tuesday to sell the mills to Pixelle Specialty Solutions, a privately held company in Spring Grove, Pennsylvania. Verso treats their employees with respect. Then in December 2019, Maryland Attorney General Brian Frosh filed a lawsuit in the Circuit Court for Allegany County … JAY (BDN/WGME) -- Verso Corporation announced Tuesday that it is selling its Androscoggin mill in Jay along with its Stevens Point mill in Stevens Point, Wisconsin for $400 million. Verso Corporation (NYSE: VRS) is a North American producer of coated papers including coated groundwood, coated freesheet, supercalendered and specialty products. The company received its final approval last month when its shareholders met in New York to vote on the sale at the company’s stockholder meeting.
It and another Verso mill in Wisconsin are being sold for $400 million to … Miamisburg, Ohio-based Verso Corp. sold its Androscoggin Mill in Jay to Pixelle Specialty Solutions, the Bangor Daily News reported Tuesday. Fund or Company Name Number of Shares Valued At Change in Shares As Of ; Who sold out of VRS? Miamisburg, Ohio-based papermaker Verso Corp., in a Securities and Exchange Commission (SEC) filing made in January 2020, says it is considering a dramatic increase in recycled-content board and kraft paper production at its mill in Duluth, Minnesota.. JAY, Maine — A paper company announced it has completed the sale of two mills, including one in Maine, as part of a $400 million deal. A specialty paper producer in Pennsylvania plans to buy Verso paper mills in Jay, Maine, and Stevens Point, Wisconsin, in a deal worth $400 million. Miamisburg, Ohio-based Verso Corp. sold its Androscoggin Mill in Jay to Pixelle Specialty Solutions, the Bangor Daily News reported Tuesday. Why was there such a major loss this quarter? Find out who owns Verso Paper, who bought VRS this quarter, and who sold VRS? The employees are generally pleasant to work with. verso paper mmill JAY, Maine (AP) — A specialty paper producer in Pennsylvania plans to buy Verso paper mills in Jay, Maine, and Stevens Point, Wisconsin, in a deal worth $400 million. Verso operates seven paper mills in the U.S. What facilities does Verso own and what product Fund Name Date Sold Shares Held Valued At ; Financial Gravity Wealth: Dec 2019 21 $17 Funds that own VRS also own: Altisource Portfolio Solns S reg shs; PDL BioPharma (PDLI)
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