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Evers Plan Would Loan Park Falls, Rapids Groups Millions to Buy and Restart Paper Mills - Vimarsana News

Evers Plan Would Loan Park Falls, Rapids Groups Millions to Buy and Restart Paper Mills

1:47 Gov. Tony Evers wants to get idle paper mills in Park Falls and Wisconsin Rapids running again. He’s included millions of dollars in loans as part of a $1 billion special spending package to do that. The paper mill in Park Falls has only been operational for a few months since first shutting down in 2019, and last June, Verso announced it was stopping production at its Wisconsin Rapids mill. Those moves came at the cost of hundreds of jobs. But on Wednesday, Evers announced he will call the legislature into special session to consider spending $1 billion to help the state’s economic ...

Source: wxpr.org
After Park Falls Mill Shuttered Again, Cooperative Group Seeks to Buy - Vimarsana News

After Park Falls Mill Shuttered Again, Cooperative Group Seeks to Buy

1:43 The reopening of the Park Falls paper mill lasted just a matter of months before another shutdown and more layoffs this spring. Now, the mill has fallen into receivership once again, but one group has an innovative plan to bring it back. The former Flambeau River Papers in Park Falls reopened in September as Park Falls Pulp and Paper. Credit Ben Meyer/WXPR Last September, the scene was joyful in Park Falls when the century-old paper mill went back online after a year of being idle. An out-of-state ownership group led by Yong Liu had bought the mill, promising to bring back many of the 30...

Source: wxpr.org