FARMINGTON — Donald L. Bryant, 85, a resident of Jay, passed away Monday morning, June 18, at Sandy River Center in Farmington, where he had been patient for three days, surrounded by his loving family. He was born July 31, 1932, in Chisholm, the son of Lauriston Bryant and Arlene (Tweedie) Bryant. He attended Jay High […]
Androscoggin Mill
Posted inObituaries, sj-web
Mary F. Caron
LEWISTON — Mary F. Caron, 100, passed away Friday, June 8, at St. Mary’s d’Youville Pavilion after a short illness. She was born in Canada on April 16, 1918. Mary was married to the late Rene Caron in 1955 and had worked for 25 years at the Androscoggin Mill, and at the age of 70 went […]
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Posted inBusiness, sj-web
Verso upgrading paper machine, adding 120 jobs at Androscoggin Mill
JAY — Verso Corp. announced a $17 million project Thursday that will upgrade the No. 3 paper machine and create 120 full-time jobs. The announcement coincided with news from the Maine Technology Institute that Verso had won a $4 million challenge grant toward the Androscoggin Mill project. The company had idled the No. 3 machine […]
Posted inBusiness
Major investor in Verso sells off significant lot of shares
A major investor in Verso, owner of the paper mill in Jay, sold off more than $18 million worth of shares in the first two weeks of January, just months after expressing frustration with returns on the investment. On the heels of those transactions, Verso Corp. announced Tuesday, days after the major investor sold off more […]
Posted inObituaries, sj-web
Charles W. Martin
JAY — Charles W. Martin, 77, a resident of Jay, passed away suddenly Saturday, Nov. 25, at his home, following a long battle with diabetes, surrounded by his loving family. He was born March 26, 1940, in Fayette, the son of Raymond Martin and Arlene (Rose) Martin. He attended school in Livermore Falls. On Aug. 19, […]
Posted inFranklin, sj-web
Verso forms strategic committee which could consider mill sale
A truck leaves Verso Mill in Jay. JAY — Verso Corp. announced Thursday that its board of directors, as part of its ongoing efforts to maximize stockholder value, has formed a Strategic Alternatives Committee. The announcement follows two days after shareholders linked to investor Jason Mudrick reported being “deeply frustrated with the board’s inaction to […]
Posted inFranklin, sj-web
Frustrated shareholders ask board to consider selling Verso paper mill in Jay
According to a Securities and Exchange Commission filing, investors are advocating selling the Androscoggin Mill in Jay. JAY — Shareholders frustrated with returns from the Androscoggin Mill are considering selling the operation. The Morning Sentinel reports investors are considering selling the Androscoggin Mill in Jay. According to a Securities and Exchange Commission filing, shareholders with […]
Posted inBusiness, sj-web
Verso evaluating Androscoggin Mill for additional investment
JAY (AP) — Owners of a Jay paper mill say they are exploring investment options after bouncing back from bankruptcy. Centralmaine.com reports Verso Paper has hired a consultant to review each of its seven mills. CEO Chris DiSantis says the company is exploring several options for each of the mills, such as adding a new […]
Posted inFranklin
During 1987 labor strike in Jay, selectmen’s meetings drew crowds
JAY — Terry Bergeron was a selectman in June 1987 when 1,200 workers at the Androscoggin Mill took to the picket lines in a strike against International Paper Co. It was his first year in office. Bergeron did not work at the mill. Thirty years later, Bergeron is again in office and is chairman of […]
Posted inFranklin
Timeline: IP strike
1987 Leading up to the strike, contract negotiations were not going well at the Androscoggin Paper Mill in Jay. International Paper Co. sought concessions of lower labor costs, reduction of jobs and more manager flexibility. It wanted to take the union contract’s grievance procedure clause out and wanted workers to give up their Christmas holiday, […]