MichiganRailroads.com - Upper Peninsula Railroads
[ Post a Response | MichiganRailroads.com - Upper Peninsula Railroads ]
Verso financial troubles
Posted by Tom Train
on 11/16/2015, 9:10 pm
An article oin today's Duluth News Tribune, says that Verso is considering filing for bankruptcy or closing a few mills. Their troubles started since acquiring New Page , earlier this year despite posting a 123% sales increase this past year, again due in part by acquiring New Page. Nothing will happen for some time and nothing in Michigan is mentioned as endangered.