The company was formed in 2006 when a subsidiary of Verso formed by affiliates of Apollo Global Management purchased the coated and supercalendered paper business from International Paper Company.
Today Verso Corporation manufactures paper products and pulp for publishers, specialty retail merchandisers, paper merchants, and commercial printers. The company also produces coated groundwood and coated fresheet paper products used for media and marketing purposes, including magazines, catalogs, brochures, and direct-mail advertising.
The company operates eight paper mills in the United States with a combined annual capacity of 3.6 million tons of paper.
Verso Corporation trades publicly on the New York Stock Exchange under the ticker symbol VRS, has 2,100 employees, and had $1.32 billion in revenue in 2013.
Verso CorporationThe company was formed in 2006 when a subsidiary of Verso formed by affiliates of Apollo Global Management purchased the coated and supercalendered paper business from International Paper Company.
Today Verso Corporation manufactures paper products and pulp for publishers, specialty retail merchandisers, paper merchants, and commercial printers. The company also produces coated groundwood and coated fresheet paper products used for media and marketing purposes, including magazines, catalogs, brochures, and direct-mail advertising.
The company operates eight paper mills in the United States with a combined annual capacity of 3.6 million tons of paper.
History
Verso Corporation trades publicly on the New York Stock Exchange under the ticker symbol VRS, has 2,100 employees, and had $1.32 billion in revenue in 2013.