The combined company would have $4.8 billion in assets and more than 60 branches in Maine and New Hampshire.
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
More turnover at Covetrus as executive accused in investors’ lawsuit steps down
Executive Vice President and Chief Financial Officer Christine Komola leaves her job two months after the company’s former president and CEO, Benjamin Shaw.
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Posted inBusiness, Local & State, News
Portland-based Logically makes fifth acquisition in 18 months
Logically increases its workforce to over 250 people with the purchase of Nevada-based IQ Technology Solutions, its fifth acquisition since July 2018.
Posted inBusiness
Volkswagen, Toyota threaten to revoke Saco dealerships’ franchise rights
The auto manufacturers blasted Prime Motor Group owner GPB Capital Holdings for firing former CEO David Rosenberg without their approval.
Posted inBusiness
Verso proposes new board leadership to fend off investor coup
The corporate maneuvering does not appear to pose a threat to Verso’s pending sale of the Androscoggin Mill in Jay.
Posted inBusiness
Clark’s Pond Parkway retail center in South Portland is up for sale
The 62,000-square-foot center has been listed with an asking price of $7.2 million.
Posted inBusiness, Local & State, News
Symposium explores ways to close widening gap in Maine’s workforce
The state will have to add an estimated 158,000 trained people to its workforce by 2025 to maintain economic growth, Educate Maine tells participants at its annual symposium.
Posted inBusiness
Ousted Prime Automotive Group CEO sues to be reinstated
David Rosenberg says GPB Capital Holdings violated dealership franchise agreements with auto manufacturers when it fired him in September.
Posted inBusiness
NBT Bank moves to new location on Portland waterfront
The bank relocated from its previous location in the Pierce Atwood building on Merrill’s Wharf to a new space at 5 Widgery Wharf.
Posted inBusiness
Portland IT firm Logically expands into North Carolina with acquisition
The acquisition of Carolinas IT will increase Logically’s workforce by 50 percent to 225 workers.