The sale of additional shares would allow the company to fully fund the $20 million building geared to producing a new product.
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.
Wage hike question means hope for some, harm to others
Strong arguments emerge from both sides of the Question 4 ballot initiative. And others call it ‘a wash.’
Piled high, new burdens worry small businesses
Some say two Nov. 8 ballot measures, on top of increasing health insurance costs and changing overtime rules, will hamper growth and kill Maine jobs.
Maine credit unions reach record highs for assets, members
In the first six months of 2016, the state’s 58 credit unions surpassed $7 billion in assets for the first time.
Report: Education tax on wealthy Mainers will damage state economy
The report by a conservative think tank warns of negative impact on schools, businesses.
Barber Foods parent AdvancePierre buys Philly steak maker
The purchase of New Jersey-based Allied Specialty Foods will expand the company’s sandwich product offerings.
Maine summer tourism revenue on track to break all records
Big numbers from Portland and the southern coast and Bar Harbor make this a banner year, with restaurant and lodging sales the highest ever.
Health insurance costs are surging in Maine
The combination of the Affordable Care Act and Maine’s older population will push coverage rates to unprecedented highs.
Industry’s evolution throws doubt on future of former Fairchild plant
Worldwide consolidation and outsourcing trends threaten semiconductor jobs in Maine.
Hannaford to acquire two Bud’s grocery stores in Maine
The supermarket chain will have 62 locations in the state after the purchases in Newport and Dexter are finalized.