Verso Corp. sells Sartell paper mill

Verso Corp. sells Sartell paper mill Click to Enlarge Photo:

Jan 30, 2013 at 6:35 am

SARTELL, Minn. (KNSI) The Verso paper mill site in Sartell has been sold, but what the future holds for that location is still in question.

Verso Paper Corporation is selling the site to AIM Development LLC.

In a two paragraph e-mail, Verso would not disclose the terms of the transaction, and said they would not release any other public statement regarding the sale except what they may be required to divulge under law.

Sartell Mayor Joe Perske says he knows nothing about the buyer or future plans for the property, but did receive a courtesty call from Verso officials on Tuesday giving him a heads-up on the sale.

Verso announced in August it would close the paper mill permanently following a Memorial Day explosion and fire that killed one worker and injured four others.

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