Stay Curious. Stay Connected.
MailNewsletters♡Donate Now
Sign up
*Password must be at least 8 characters and contain one uppercase letter, one lowercase letter, one number and one symbol.
Already have an account?
By submitting, you consent that you are at least 18 years of age and to receive information about MPR's or APMG entities' programs and offerings. The personally identifying information you provide will not be sold, shared, or used for purposes other than to communicate with you about MPR, APMG entities, and its sponsors. You may opt-out at any time clicking the unsubscribe link at the bottom of any email communication. View our Privacy Policy.
Sign in to your profile
Forgot Password?
New to MPR News?
Welcome back
to news
for you
Reset Password

Enter the username on file and we'll send you a code to reset your password.

Still require assistance or not sure what your User Name is?
Welcome back
to news
for you
Email Verification

A verification code has been emailed to

Still awaiting the code?
Madeleine Baran
ST. PAUL, Minn.

Verso sells Sartell mill; future unclear

Go Deeper.

Create an account or log in to save stories.

Log inCreate a free Account

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

Show me!

Verso Paper Corp. plans to sell the closed Sartell paper mill to AIM Development (USA) LLC, according to a company statement released Tuesday.

The brief statement does not say whether the mill's new owner would reopen the site or sell off its assets. However, AIM Development (USA) LLC appears to be part of American Iron & Metal Company, Inc., a company headquartered in Canada that specializes in scrap metal recovery and recycling.

A spokesperson for Verso Paper did not return a call seeking comment. Sartell city administrator Patti Gartland said Verso informed the city of the sale today but did not provide any details.

"We have got no information as to what AIM Development has planned or intended or what their interest was for purchasing it," Gartland said.

The mill was badly damaged in a May 2012 fire and has been closed ever since. In August, Verso announced that it would not reopen the plant.

Verso expects to close the sale in the first quarter of 2013, according to today's statement.

AIM Development (USA) LLC could not be reached for immediate comment.