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Verso announces buyer for closed Sartell paper mill

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SARTELL, Minn. (AP) — Verso Paper Corp. has announced plans to sell its fire-damaged paper mill in Sartell.

Verso said Tuesday it is selling the mill to AIM Development (USA) LLC. Terms were not disclosed.

The St. Cloud Times (http://on.sctimes.com/127vbfw) reports the deal was announced in a two-paragraph email. According to the email, the transaction is expected to close in the first quarter.

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Denton (Denny) Newman Jr.
I've worked at the Brainerd Dispatch with various duties since Dec. 7, 1983. Starting off as an Ad Designer and currently Director of Audience Development. The Dispatch has been an interesting and challenging place to work. I'm fortunate to have made many friends, both co-workers and customers.
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