Maine paper industry gets a boost, with Jay mill in line for investment of millions

Logs are delivered to the Androscoggin Mill in Jay in 2005. John Ewing/Staff Photographer file

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The Verso Corp. plans to invest $120 million in three pulp and paper mills, including significant upgrades to its Androscoggin Mill in Jay.

The Miamisburg, Ohio, company announced the two-year capital plan in a quarterly earnings conference call Thursday morning.

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Source: Press Herald

 

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