Verso To Restart No. 3 Paper Machine

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JAY, Maine (WABI) - Verso announced today they will restart a paper machine in Jay creating 120 full time jobs.

That machine and the pulp line associated with it was shutdown last July.

The company says they will spend $17 million to upgrade that equipment to make packaging products.

$4 million of that is coming from a grant from the Maine Technology Institute.

The company expects the restart to begin in the third quarter.