Active negotiations lift hopes that idled Duluth paper mill may be revived

The Verso Corporation paper mill, with Minnesota Power’s M.L. Hibbard Renewable Center behind it, sprawls across West Duluth. (2018 file / News Tribune)

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The identity of an interested prospective buyer remains under wraps, but any sale likely would involve a massive investment to convert the plant's production to materials used in packaging.

Continued talks with representatives of a company interested in perhaps acquiring the shuttered Verso paper mill in Duluth have intensified in recent weeks, drawing increased attention to the fate of the facility and the 220-plus people it employed before a shutdown was announced in late June.

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Source: Duluth News Tribune

 

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