Wednesday, January 30, 2013

Verso Plans to Sell Sartell Facility

Verso Paper Corp. today announced plans to sell its disaster-idled Sartell plant to AIM Development (USA) LLC.
Terms of the transaction were not disclosed.
The deal was announced in a two-paragraph email. The transaction is expected to close in the first quarter. It includes substantially all of the assets of the mill, home of Verso's wholly owned subsidiary, Verso Sartell LLC.