The company is looking for a location with nearby springs in western Maine under a plan that would boost production capacity by nearly 45 percent.
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
Alabama company buys closed biomass power plant in northern Maine
42 Railroad Ave LLC plans to reopen the former Sherman Development plant in Stacyville by late June, adding 300 jobs to the area.
advertisement
Posted inBusiness, Local & State, News
ImmuCell sales dipped 7 percent in 2016
The Portland-based animal health products maker says the re-emergence of a competitor’s previously shelved product was partly to blame.
Posted inBusiness, News
South Portland-based Wex hits $1 billion revenue for the first time
The corporate payment service company joins L.L. Bean and Idexx Laboratories as the third member of Maine’s billion-dollar club.
Posted inLocal & State, News, Schools and Education
USM student leaders to remain neutral about lawmaker’s speech on ‘Alien Invasion’
They agree with the university president that free speech must be protected, but voice concerns about safety during Rep. Lawrence Lockman’s appearance on campus.
Posted inBusiness, Local & State, News
L.L. Bean offers retirement buyouts to trim workforce by 10%
The Freeport-based retailer is rolling out other changes to its benefits as it seeks to free up cash to expand.
Posted inBusiness, Local & State, News
Startup accelerator gets vital help for businesses under new partnership
Through Portland-based Venture Hall, Unum and MaineHealth will provide expertise on insurance, worker benefits and products to new companies in development.
Posted inBusiness, Local & State
Community Health Options reports 2016 loss more than expected
The Lewiston-based provider of insurance under the Affordable Care Act says it had fewer customers than expected last year, contributing to the $58 million loss.
Posted inBusiness, Local & State
Report highlights economic contribution of Maine nonprofits
The roughly 6,500 entities contribute about $11 billion a year and employ 95,000 people, a new report says.
Posted inBusiness, Local & State, News
Portland businesses go hot or cold on Super Bowl Sunday night
Old Port bars were bustling with football fans, but most sit-down places simply shut down.