Wisconsin Rapids’ New Mayor Says Future of Idled Paper Mill Still Unclear

Tuesday, April 30th, 2024 -- 10:00 AM

(Bob Hague, Wisconsin Radio Network) The future remains unclear for an idled paper mill in Wisconsin Rapids, according to the city’s new mayor.

According to Bob Hague with the Wisconsin Radio Network, the former Verso plant halted operations nearly four years ago, and its owner recently sold the buildings and assets to an auction firm, Capital Recovery Group.

Mayor Matt Zacher says it’s too soon to say what CRG’s plans are beyond gutting the buildings and selling off equipment. Total demolition of buildings in the site is unlikely, according to Zacher.

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