Verso Corporation is a Memphis, Tennessee-based North American producer of coated papers, operating 8 manufacturing facilities across the United States and employing approximately 5,200 workers. The company manufactures coated freesheet and coated groundwood papers for magazine publishers, catalog printers, and commercial print customers. In January 2015, Verso acquired NewPage Corporation, becoming one of the largest coated paper producers in North America with annualized gross revenues of approximately $3.2 billion.