/ Articles / Verso delivers crippling blow to Wisconsin Rapids
Company to close paper mill, lay off 902 workers
Verso Corporation has announced it is shuttering its paper mill in Wisconsin Rapids, finally realizing what had been a long running fear in the paper-dominated central Wisconsin city.
Blaming unprecedented market decline due to the COVID-19 pandemic and a consequent need to reposition the company for the future, the company said it would lay off 902 workers at the Rapids plant, and would also close a mill in Duluth, Minn.
The company said the idling was indefinite but that it w...
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