comparemela.com

Latest Breaking News On - Timber professionals cooperative - Page 2 : comparemela.com

Verso Mill purchase bill passes in Wisconsin Legislature

WISCONSIN RAPIDS – If there are two things Wisconsin lawmakers agree on in central Wisconsin, it’s that they want to help restart the paper mill that has been shut down for a year in Wisconsin Rapids, and members of the other party are playing games. On Wednesday, the state Senate sent a bill to Gov. Tony Evers that would provide up to $50 million in federal pandemic aid loans to a timber cooperative that s seeking to buy and operate the mill that Verso closed in Wisconsin Rapids last year. The bill also authorizes a loan of up to $15 million for a cooperative to buy a second paper mill that closed in Park Falls. The Senate passed the legislation this week.

Verso Mill purchase bill passes in Wisconsin Legislature

Verso Mill purchase bill passes in Wisconsin Legislature
wisconsinrapidstribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wisconsinrapidstribune.com Daily Mail and Mail on Sunday newspapers.

After Park Falls Mill Shuttered Again, Cooperative Group Seeks to Buy

1:43 The reopening of the Park Falls paper mill lasted just a matter of months before another shutdown and more layoffs this spring. Now, the mill has fallen into receivership once again, but one group has an innovative plan to bring it back. The former Flambeau River Papers in Park Falls reopened in September as Park Falls Pulp and Paper. Credit Ben Meyer/WXPR Last September, the scene was joyful in Park Falls when the century-old paper mill went back online after a year of being idle. An out-of-state ownership group led by Yong Liu had bought the mill, promising to bring back many of the 300 workers that had been laid off since 2017.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.