Verso Paper is planning to make an announcement about their Sartell Paper Mill this (Thursday) afternoon. The news conference is scheduled for 4:00 p.m.
On October 11th, 2011, Verso Paper company declared their intention to reduce their production and workforce significantly. This was to significantly affect jobs at the plant in Sartell, vaulting it to number four in our Top Ten stories of 2011 countdown.
Verso Paper in Sartell has announced plans to permanently cut 175 employees. The company says they will shutdown two paper machines at the Sartell facility effective on December 14th, which will eliminate about 103,000 tons of paper capacity each year.