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Verso Paper
Jay, Franklin

Wallpaper specialist
 : 
Verso Paper

Jay, Franklin

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About Verso Paper
Professional experience
Verso Paper is a renowned paper company that recently made headlines with its sale of the Jay mill as part of a significant $400 million deal. This transaction, finalized on February 11, 2020, involved the sale of two mills, including the Jay mill located in Maine. The decision to sell the Jay mill was a strategic move by Verso Paper, as it aimed to streamline its operations and focus on its core business. The purchaser of the Jay mill was a specialty paper producer based in Pennsylvania. Interestingly, this isn't the first time that the Jay mill faced transition and changes in ownership. Previously owned by International Paper and Verso Corp, it is now under the ownership of Pixelle Specialty Solutions. Despite experiencing legal challenges in the past, the town of Jay continues to evolve and adapt to these changes. In more recent news, it has been reported that the Jay mill is no longer involved in paper production. According to Alan Ulman, a spokesperson for Pixelle Specialty Solutions, paper production at the plant has ceased. This development marks a new chapter for the mill. The sale of the Jay mill has garnered attention from both industry insiders and the local community. It signifies a significant shift in ownership and brings about opportunities for growth and revitalization in the area. As Jay and its residents navigate these changes, the future of the Jay mill holds promise as its new owner embarks on a journey to shape its destiny. Selling the Jay mill was part of Verso Paper's larger strategy to optimize operations and position the company for future success. Through this transaction, the company has further solidified its focus and commitment to its core business areas. Verso Paper's successful completion of the sale demonstrates its dedication to achieving its goals and adapting to market dynamics. With this significant milestone behind them, Verso Paper looks forward to embarking on new ventures and exploring innovative avenues in the paper industry. As the story unfolds, the dynamics surrounding the Jay mill and its new owner will undoubtedly shape the path ahead for both the company and the community. Verso Paper remains committed to the growth and development of its operations, while also being mindful of the impact on the local community and stakeholders. In conclusion, Verso Paper's recent sale of the Jay mill underlines its strategic vision and commitment to adapt to changing market conditions. With a focus on core business areas, the company's decision sets the stage for future opportunities and growth on the horizon.

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Location

Jay, Franklin (04239)

Important to know

  • Weekdays  00:00 - 00:00
  • Sat  00:00 - 00:00
  • Sun  00:00 - 00:00
Business hours
Weekdays  00:00 - 00:00
Sat  00:00 - 00:00
Sun  00:00 - 00:00
  • English
SpeaksEnglish
Business hours
  • Weekdays  00:00 - 00:00
  • Sat  00:00 - 00:00
  • Sun  00:00 - 00:00
Business hours
Weekdays  00:00 - 00:00
Sat  00:00 - 00:00
Sun  00:00 - 00:00
Speaks
  • English
SpeaksEnglish
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