QUINNESEC -- A $43 million makeover for the Verso Paper Mill in Quinnesec is expected to be completed this fall.
The renewable energy project will convert useless wood scraps into biomass to power the paper mill.
The new energy source is both environmentally friendly and will meet more than 95 percent of the mills energy needs, saving more than $7 million a year. More than 80 jobs were also created during the construction phase of the project.
"This investment is huge for the economy of the U.P. and the greater northern Wisconsin and southern U.P. area where we draw our wood supply from," said Verso Communications Director Mark Pontti. "Putting people to work in the woods, expanding our capacity to, again, take in that supply but also indirectly the jobs that are created."
The project is on schedule with a completion date set for November 11.