The decrease could save businesses up to $27 million on insurance premiums.
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, Local & State, News
BIW laying off 60 electricians, but expects to rehire them
The company will encourage workers to apply for positions as shipfitters until demand for electrical work increases.
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Posted inBusiness
Maine Small Business Development Centers advised 1,400 people in 2017
The program has benefited the state’s economy for 40 years by nurturing thousands of entrepreneurs and startups.
Posted inBusiness, Local & State, News
L.L. Bean ends unlimited return policy, blaming increasing abuse
Executives say a growing number of customers were returning worn-out items years after they were purchased, in part because of the company’s own marketing.
Posted inBusiness, Local & State, News
Immucell’s sales increase 9 percent, but it still takes a small net loss
The Portland-based company’s revenues hit $10.4 million in 2017, but it spent $2 million on developing new products.
Posted inBusiness
Falmouth software developer gets federal grant for program to reduce hospital readmissions
Home Care Business Services founder Melissa Cott says $17 billion is wasted annually on the unnecessary readmission of Medicare patients.
Posted inBusiness, Local & State, News
Hancock Lumber acquires Mainely Trusses
Hancock says the acquisition is a long-term move that will strengthen both companies.
Posted inBusiness, Local & State, News
Two Maine credit unions seek merger
York County Federal Credit Union of Sanford and Atlantic Federal Credit Union of Brunswick have decided to pursue a merger of equals.
Posted inLocal & State, New England Patriots, News, Sports
Patriots fans – and a few Eagles die-hards – flock to Portland nightclub
Aura, a sports bar and live music venue, broadcasts the Super Bowl on a massive, 600-inch screen.
Posted inBusiness, Local & State, News, Politics
LePage taps George Gervais to lead Maine State Housing Authority
Gervais has been with the Department of Economic and Community Development since 2008.