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Verso Paper Plant Auction Ends Next Wednesday

05/30/2013 - 12:00 PM

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ST. CLOUD, Minn. (AP) - The company that bought the Verso Paper plant in Sartell after last year's explosion and fire is having one heck of a rummage sale.

Fork trucks, hydraulic shears, excavators - everything must go. Thousands of tools, machines, supplies, vehicles and equipment from the former plant will be sold by AIM Development at an upcoming auction. Jeff McGlin is in charge of the mill reclamation project for AIM. He expects everything in the plant will sell at some price and is anticipating 600 to 700 bidders for the mill's contents.

The St. Cloud Times says county documents show AIM paid about $12.5 million for the property, including nearly $10 million in personal property. On site and online bidding starts Tuesday and ends Wednesday.

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