Flemish Master Weavers, which employs 130, had said it might have to cease manufacturing if it did not receive the foreign trade zone status that exempts it from a steep tariff on yarn.
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
Portland startup selling restaurant kiosks receives $1.2 million boost
The company, called Minnow, will use the venture capital funding to accelerate product development and marketing of its high-tech food order ‘pickup pods.’
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Posted inBusiness, Local & State, News
Rural Maine communities taking lack of broadband into their own hands
They’re tired of waiting for the private sector – and state and federal governments – to bring them up to speed.
Posted inLocal & State, News, Politics
Political clash simmers over referendum on home care
Question 1’s backers say it solves a growing need among the elderly and disabled in Maine, while opponents point to a burdensome tax and patient-privacy minefield.
Posted inBusiness, Local & State, News
Mercy says it’s raised more than half of the $20 million it needs for a new hospital
The Portland hospital aims to move from its longtime location on State Street to a site on the Fore River Parkway where it already has a 151,000-square-foot building.
Posted inBusiness, News
Bangor tech firm receives $850,000 of venture capital
Mobile Price Card develops software that allows electronic device retailers to display pricing information on the devices’ screens.
Posted inBusiness, Food & Dining, Local & State
Proposed Maine credit union for food industry reaches $2.4 million fundraising goal
Maine Harvest Credit Union would offer mortgages and business loans exclusively to farmers and food entrepreneurs to boost the state’s agricultural economy.
Posted inBusiness, Local & State, News
Time & Temperature Building gets new owner as auction ends with $9.3 million bid
The iconic but neglected 14-story office building has gone through foreclosure and an exodus of tenants in recent years.
Posted inBusiness, Local & State
Bid reaches $5.25 million for Portland’s Time & Temperature building
The auction for the iconic 14-story Portland office building runs through Thursday afternoon.
Posted inBusiness, Local & State
San Francisco retailer to open customer service center in Portland
Grove Collaborative, which sells all-natural products on a subscription basis, plans to hire up to 100 consumer ‘guides’ within the first year to assist online shoppers.