paper industry
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PublishedApril 22, 2020
Androscoggin Mill looks for outside sources of pulp to keep making paper in Jay
Blast wrecked the mill's ability to make its own pulp, but it's possible to haul it in from elsewhere and continue operations.
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PublishedApril 13, 2020
Two workers at Sappi’s Westbrook mill test positive for COVID-19
Both employees appear to have been infected through exposure outside the mill, the company said.
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PublishedFebruary 10, 2020
Verso Corp. completes sale of Androscoggin Mill in Jay
The buyer, Pennsylvania-based Pixelle Specialty Solutions, also purchased a Verso-owned mill in Wisconsin.
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PublishedFebruary 3, 2020
Verso shareholders approve sale of Jay mill
The paper company offloaded two paper mills, one in Maine and another in Wisconsin, to a privately held specialty paper company.
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PublishedJanuary 31, 2020
Verso, investors reach agreement on sale of Jay mill
The paper company and a shareholder group have agreed to move ahead with a $400 million deal to sell the company's mills in Maine and Wisconsin.
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PublishedJanuary 20, 2020
Verso urges shareholders to approve sale of 2 mills, including 1 in Maine
The company has been in a dispute with 2 dissident shareholders, private equity firms Atlas Holdings and Blue Wolf Capital Partners, which oppose the sale of the mills and back their own slate of directors for Verso's board.
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PublishedDecember 30, 2019
Investor takeover could ‘derail’ sale of Jay mill, Verso board claims
Three board members nominated by an investment group could pave the way for a merger with another paper company, the company's board of directors warns shareholders.
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PublishedDecember 11, 2019
Verso proposes new board leadership to fend off investor coup
The corporate maneuvering does not appear to pose a threat to Verso's pending sale of the Androscoggin Mill in Jay.
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PublishedOctober 21, 2019
Maine Voices: Forest products industry has much to celebrate
New investment in plant modernization and new goods heading to market mean the industry is back on the rise.
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PublishedAugust 22, 2019
Our View: New forest products put Maine on right track
Wood fiber insulation and bridge supports are restoring jobs that were lost to declines in the paper industry.
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