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.
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
Hancock Lumber acquires Mainely Trusses
Hancock says the acquisition is a long-term move that will strengthen both companies.
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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 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.
Posted inBusiness, Local & State, News
Massachusetts bank buys South Portland mortgage lender
HarborOne Bank acquired Cumberland County Mortgage for an undisclosed sum.
Posted inBusiness, Local & State, News
Idexx revenue jumped by 11 percent in 2017
The Westbrook company touts the recent corporate tax cut and vows to boost employee retirement funds.
Posted inBusiness, Local & State, News
Tyler Technologies opens $28 million Yarmouth expansion
The Texas-based software company plans to hire over 500 more workers within seven years.
Posted inBusiness, Local & State, News
Maine continues record streak of single-family home sales
More were sold in 2017 than any year on record, though tight inventory kept totals down – and prices surging – in Cumberland and York counties.
Posted inBusiness, Local & State, News
High-profile advocate for entrepreneurs admits inappropriate behavior toward 2 women
Two organizations sever ties with Jess Knox, and one accuser describes his conduct as ‘innuendo and attempted physical contact.’
Posted inBusiness, Local & State, News
Five Maine hospitals get top ratings for quality, safety
The ratings come from the U.S. Centers for Medicare & Medicaid Services.