Verso Paper

The Verso Paper Mill closure in December 2014 cost Bucksport 40% of its tax base and hundreds of jobs. By early 2020, planning and partnerships resulted in full downtown storefronts, numerous festivals, increasing visitation and demand for real estate.

The owner of the plant says it will continue operations without pulp production and without one of its three paper-making machines. But the company is investing $1 million to help the nearly 200 workers laid off in the wake of the explosion.

A total of 177 employees of the Pixelle Specialty Solutions plant have been laid off since July as a result of a rupture in machinery there in April.

An April industrial explosion injured no one but forced Pixelle Specialty Solutions to shutter the mill's pulp production. The company laid off 59 workers there in July.

Sappi will permanently shut Paper Machine No. 9 and the majority of its biomass energy complex at its Westbrook mill, resulting in 75 layoffs. In Jay, Pixelle Specialty Solutions is laying off 59 paper workers after an April explosion at its plant.

The explosion at the Androscoggin Mill sent a plume of smoke and debris towering into the air. It's not clear if or how the incident may affect operations at the mill.

The Maine Technology Institute is accepting applications for a new round of funds, to be awarded in individual amounts up to $500,000.

Closing of the $400 million sale, which also includes a mill in Wisconsin, comes nearly three months after Verso announced the deal, and puts an end to a dispute the company has had with rebel shareholders.

On the eve of its annual meeting, paper maker Verso has thwarted a takeover attempt and warded off a potential threat to the sale of the company's mill in Jay.

Verso Corp. continues to urge shareholders to approve the sale of a mill in Jay and another in Wisconsin at the company's annual meeting on Jan. 31, despite opposition.