Verso Paper Updates Status of Sartell Mill Following Explosion and Fire

While a visual inspection of the mill’s paper machine indicates that it was not damaged, the operability of the paper machine has not yet been confirmed. Based on the preliminary damage assessment, Verso has concluded that a period of several months would be required to complete the necessary repairs to the mill. The company intends to continue the damage assessment and will make a decision on the mill’s future once the assessment is completed.