ST. PAUL, MN (KDAL) – The Minnesota Department of Employment and Economic Development (DEED) has announced 2.1 million dollars in Job Creation Funds for 6 businesses expanding in Minnesota.
It includes 1.3 million to ST Paper and Tissue that is rebuilding the closed Verso Paper Mill in Duluth.
The 42 million dollar project to convert the plant to a tissue making facility is expected to create 80 qualifying jobs within the next 3 years.
The Duluth project is also under consideration for a Minnesota Investment Fund award of 3 million dollars.
The Job Creation Fund award will available once established criteria has been met.
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