The Duluth City Council unanimously agreed Monday night to abate up to $600,000 in property taxes and offer a $242,000 forgivable loan to ST Paper to help the company complete an acquisition of Verso Corp.'s Duluth mill, which has been shuttered since last summer

ST aims to convert the mill to produce tissue paper, instead of the supercalendered paper it has traditionally manufactured.

Ron Thiry, ST Paper's chief operating officer, said, "We certainly need your help and support to close the funding gap to make this project a reality. And we commit that with your support, we will invest at least $25 million and create at least 80 family-supporting jobs in the Duluth community."

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