Verso's new boss, David J. Paterson, explains survival strategy:
Pick up a nice magazine or catalog and it's likely the glossy pages were made by a Memphis company called Verso Paper Corp.
But Verso has run up losses in three years that total $350 million.
So how does the Memphis company survive?
Verso’s new boss is adamant. The company, with annual sales that surpass $1 billion, will hang on.
