WISCONSIN RAPIDS - After months of exploring possibilities, Verso Corp. announced Wednesday it would slow down its effort to find a buyer for the Wisconsin Rapids mill.David Sams, Verso`s vice president of environmental health, safety and sustainability, told members of the Wisconsin Rapids Together Task Force Wednesday morning that, the economic environment and the continued COVID-19 pandemic have made it difficult to find a buyer.
Sams said it has become apparent that a sale in the near future will be “impossible.”
State Rep. Scott Krug, R-Nekoosa told the Daily Tribune that Verso`s announcement was a shock to task force members who are trying to find ways to help the community cope with the mill`s shutdown and get the more than 800 workers who have lost their jobs back to work.
Ken Notes: This is not good news, we need to apply some pressure to move reopening this plant forward. I would look at assessment based on their asking price to start... Wisconsin Development has partnered with GBIG to produce a weekly newsletter on the Paper Pulp Printing Packaging and Plastic industries... You can read or subscribe at 5PNews.com...
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- - Volume: 8 - WEEK: 43 Date: 10/22/2020 9:49:39 AM -