Local mill under new management
The Wickliffe Paper Company in Wickliffe, Kentucky is under new management.
Verso Corporation bought the company’s former owner, NewPage, for about $1.4 billion.
Verso is headquartered in Memphis and produces printing papers, specialty papers, and pulp.
It first announced its plans to buy NewPage in January of last year.
The mill in Wickliffe employees about 430 people and produces coated and uncoated paper, and market pulp.