Verso Paper Mill

Quinnesec,
MI
(2010)

Verso Paper Mill

Business Development, Energy, Manufacturing, Rural

The project includes equipment and facility upgrades to a paper mill in Quinnesec, MI.

Investment

NMTC Amount: $31,017,500
Total Project Cost: $50,281,066

IMPACT

50 FTE jobs
90 construction jobs

CDEs

Cinnaire New Markets, Local Initiatives Support Corporation, Michigan Community Capital

Investor

Chase

Project Description

The project includes equipment and facility upgrades to a paper mill in Quinnesec, MI. Located in the Upper Peninsula of Michigan, the primary purpose of the project is to increase the renewable electricity generation capabilities of the mill through the installation of a new 28 MW steam turbine generator, upgrades to the existing biomass boiler to allow for increased steam output, purchase and installation of biomass material handling equipment, and construction or installation of related improvements, infrastructure, and equipment.

MAP

Address: West 6705 US Highway 2, Quinnesec, MI 49876

Census Tract: 26043950300

PDF Profile

Other Michigan Projects

Haven

Pontiac,
MI
(2014)

Behavioral Health, Community, Healthcare, Housing, Mixed-use, Shelters and Community Food

CDE(s): Chase, Cinnaire New Markets

Office space for domestic violence nonprofit and shelter with 16 housing units for victims of domestic violence.

Lac Vieux Desert Health Center

Watersmeet,
MI
(2016)

Behavioral Health, Community, Healthcare

CDE(s): Chickasaw Nation Community Development Endeavor

A new health center creates and retains high-quality jobs and gives band members access to state-of-the-art medical and dental care while also attracting patients and customers from surrounding communities.

Dakkota Integrated Systems

Lansing,
MI
(2021)

Business Development, Manufacturing

CDE(s): Invest Detroit CDE, Michigan Community Capital

Dakkota Integrated Systems expanded its facilities with assistance from a NMTC allocation from Michigan Community Capital.

920 Cherry Street

Grand Rapids,
MI
(2006)

Community, Housing, Mixed-use, Nonprofit Hub

CDE(s): Michigan Community Capital

The 920 Cherry Street project was a part of a comprehensive redevelopment of a three-acre site located at the intersection of Cherry Street, SE and Cherry Drive SE in the