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New Owners Not Re-Opening Verso Paper Mill

01/31/2013 - 10:30 AM

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COLLEGEVILLE, Minn. (AP) - A paper mill in the central Minnesota town of Sartell bought last week by a Montreal-based scrap metal and recycling company is not going to be reopened, company officials say.

Minnesota Public Radio reports American Iron & Metal Co. president and CEO Hebert Black plans to reuse the Verso paper mill's buildings in an as-yet undetermined development. Black says there is no market to operate a paper mill and that he hopes to get a better idea of how the site could be developed during a visit planned for February.

MPR reports that Verso was cited with serious violations after a man was killed in a blast at the plant on Memorial Day.

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