The animal products company erased a $900,000 backlog of orders to put a weak first quarter behind it.
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
Public gets a chance to weigh in on insurers’ ACA rate requests for 2019
Two meetings, in Bangor and Portland, will allow residents to ask questions and comment on proposed increases of up to 13.8%.
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Posted inBusiness, Local & State, News
ConnectME wants a share of $600 million in federal funds for rural broadband
The state agency plans to hold several community meetings this month prior to applying for the money.
Posted inBusiness, Local & State, News
Lawmakers extend controversial Pine Tree Development Zone tax breaks for three years
The development program will continue despite criticism over costs and a lack of accountability, but with better reporting on the extent of job creation.
Posted inBusiness, Local & State, News
Portland developer of digital therapeutics for patients raises $5.3 million
The investment will allow MedRhythms to launch a platform that focuses on creating prescription products for people with neurological injuries and diseases.
Posted inBusiness, Local & State, News
Luke’s Lobster set to open seafood-buying operation on Portland Pier
The company says it will begin buying and shipping lobster this week and eventually will create berths for lobstermen.
Posted inBusiness, Local & State, News
Portland-based Winxnet merges with San Diego tech firm
The combined company will be based in Portland and led by Winxnet co-founder and CEO Chris Claudio.
Posted inBusiness, Local & State, News
Head of lab in Bar Harbor wins $12 million research grant
The National Institutes of Health grant will allow the MDI Biological Laboratory to continue research on regenerating lost or damaged tissues and organs.
Posted inBusiness, Local & State, News
Immigrants describe cold reception from Maine employers
A panel of skilled immigrant entrepreneurs in Portland said they had to start their own businesses because no one would hire them.
Posted inBusiness, Local & State, Maine Crime, News
York man gets 4 years in prison for defrauding investment clients
William Bischoff, 76, pleaded guilty in March to a multimillion-dollar fraud scheme and failure to pay federal income taxes.