Type: Public
On the web: http://www.versopaper.com
Employees: 2,800
Employee growth: 0.0%

Verso Paper is behind the recipes in Southern Living, the gossip in People, and the stats in Sports Illustrated. The company produces coated and supercalendered paper and pulp for some 100 clients, including publishers (like Time, producer of the above-mentioned magazines), commercial printers, specialty retail merchandisers, and paper merchants throughout North America. Its products are used for media and marketing purposes, from magazines to catalogs, brochures, annual reports, and direct-mail advertising. The company, which went public in mid-2008, operates 12 paper machines at four mills located in Maine, Michigan, and Minnesota. Previous sole-shareholder Apollo Advisors controls about 70% of Verso Paper.

Key numbers for fiscal year ending December, 2010:
Sales: $1,605.3M
One year growth: 18.0%
Net income: ($131.1)M

Officers:
Chairman: Scott M. Kleinman
President, CEO, and Director: Michael A. (Mike) Jackson
SVP and CFO: Robert P. Mundy

Competitors:
AbitibiBowater
NewPage
UPM-Kymmene

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