The insurance provider, which employs 3,000 in Maine, cites modest growth despite a challenging business environment.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, News
Cardente Construction lays off all 3 employees
The company’s owner says the restructuring was needed to bring it in line with competitors that rely on subcontractors.
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Posted inBusiness, Local & State, News, Politics
Maine lawmakers disagree on funding tax break extensions
Democrats are balking at tying up $19 million to fund tax credits in 2016, fearing the money might be needed for more urgent needs.
Posted inBusiness, News
Portland-based ImmuCell offering 1.1 million shares for sale
Proceeds would fund a production facility for a planned new product to treat mastitis in dairy cows.
Posted inBusiness
Building owner in jeopardy as Disability RMS leaves Westbrook
The New Jersey-based owner of One Riverfront Plaza failed to pay off its mortgage and is asking for an extension.
Posted inBusiness, News
Texas Instruments to get more work at South Portland plant
The semiconductor maker plans to close a Scottish facility and transfer some work to Maine, without adding any jobs.
Posted inBusiness, Local & State, News
Verso Paper aims to reorganize ‘in a short time frame’ after bankruptcy filing
The papermaker and employer of 550 in Maine says operations will continue as it deals with creditors and sagging revenue.
Posted inBusiness, Local & State, News
Bangor Savings raises its minimum wage to $13
The bank says its new policy is part of a two-year effort to bring all workers up to a ‘living wage.’
Posted inBusiness, News
Maine home sales rocket up 11 percent in 2015
The median sale price for the year was $180,500, according to the Maine Association of Realtors.
Posted inBusiness
Office, industrial and retail space all tight, tight, tight in Portland
Analysts say the stage is set for new construction and spillover activity outside the city.