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PublishedJuly 9, 2020
Sappi paper mill in Westbrook announces layoffs
Sappi North America will cut 30 percent of its workforce and shut down a paper machine in Westbrook, and Pixelle Specialty Solutions is stopping its pulp operation and laying off dozens at its mill in Jay.
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PublishedApril 22, 2020
Androscoggin Mill looks for outside sources of pulp to keep making paper in Jay
Blast wrecked the mill's ability to make its own pulp, but it's possible to haul it in from elsewhere and continue operations.
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PublishedApril 15, 2020
2012 Verso mill explosion in Minnesota was deadly
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PublishedApril 13, 2020
Two workers at Sappi’s Westbrook mill test positive for COVID-19
Both employees appear to have been infected through exposure outside the mill, the company said.
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PublishedFebruary 10, 2020
Verso Corp. completes sale of Androscoggin Mill in Jay
The buyer, Pennsylvania-based Pixelle Specialty Solutions, also purchased a Verso-owned mill in Wisconsin.
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PublishedFebruary 3, 2020
Verso shareholders approve sale of Jay mill
The paper company offloaded two paper mills, one in Maine and another in Wisconsin, to a privately held specialty paper company.
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PublishedJanuary 31, 2020
Verso, investors reach agreement on sale of Jay mill
The paper company and a shareholder group have agreed to move ahead with a $400 million deal to sell the company's mills in Maine and Wisconsin.
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PublishedJanuary 20, 2020
Verso urges shareholders to approve sale of 2 mills, including 1 in Maine
The company has been in a dispute with 2 dissident shareholders, private equity firms Atlas Holdings and Blue Wolf Capital Partners, which oppose the sale of the mills and back their own slate of directors for Verso's board.
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PublishedDecember 30, 2019
Investor takeover could ‘derail’ sale of Jay mill, Verso board claims
Three board members nominated by an investment group could pave the way for a merger with another paper company, the company's board of directors warns shareholders.
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PublishedDecember 11, 2019
Verso proposes new board leadership to fend off investor coup
The corporate maneuvering does not appear to pose a threat to Verso's pending sale of the Androscoggin Mill in Jay.
Paper industry
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