The state’s growth of 1.1 percent outpaces that nation’s but is down from previous quarter.
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
Commercial loan activity exploding at local banks
The rise in Maine’s nonresidential real estate lending since the recession dramatically outpaced the nation’s. What’s behind this economic trend?
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Posted inBusiness
Leaders of Maine’s family firms share strategies
During a panel discussion at Husson University, six describe how they deal with common pitfalls.
Posted inBusiness, Local & State, News
Cianbro looking to hire 300 skilled construction workers
The majority of available work is in Maine, but the general contractor also needs workers for projects up and down the Eastern Seaboard.
Posted inBusiness, News
Lewiston-based bank wants to create new trust company
Portland Trust Co. would be a spinoff of Androscoggin Bank’s trust department and would have offices in Portland and Lewiston.
Posted inBusiness, Local & State, News
Maine builders urge passage of bond proposals
Pending bills would allow the state to borrow up to $250 million to improve infrastructure and build affordable senior housing.
Posted inBusiness
ACE Cash Express ends payday loans in Maine
A competitor says he’s been told that the company plans to close both of its stores in Portland and Brunswick.
Posted inBusiness, News
Massachusetts company’s lawsuit accuses herbalist group of infringing on ‘fire cider’ name
A Maine small-business owner is among the defendants, who say a generic term used for decades can’t be trademarked.
Posted inBusiness, Local & State, News
Maine home sales, median price increase in April
However, like the rest of the Northeast, home sales and median prices still trail national trends.
Posted inBusiness, News
More women taking leading roles in Maine’s family-owned businesses
With sons less likely to attend college, daughters with degrees are getting executive opportunities, and they’re expected to become the go-to offspring within decades.