The semiconductor maker plans to close a Scottish facility and transfer some work to Maine, without adding any jobs.
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, Maine, News
Verso Paper, owner of Jay mill, expects quick resolution to bankruptcy filing
The papermaker and employer of 550 in Maine says operations will continue as it deals with creditors and sagging revenue.
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Posted inBusiness, Maine, News
Bangor Savings raises its minimum wage to $13
The bank says its new policy is part of a two-year effort to bring all workers up to a ‘living wage.’
Posted inBusiness, News
Maine home sales rocket up 11 percent in 2015
The median sale price for the year was $180,500, according to the Maine Association of Realtors.
Posted inBusiness
Breweries, pot growers taking over Portland area’s industrial properties
A real estate analyst expects higher lease rates and new development in 2016.
Posted inBusiness, Maine, News
More than 50 state leaders launch effort to give Maine economy a leg up
Business, academic and civic leaders join forces to launch FocusMaine, targeting job creation in agriculture, aquaculture and biopharmaceuticals.
Posted inBusiness, News
Maine’s workforce better than most in planning for retirement, study shows
Nationally, the state ranks sixth in the share of workers with access to company savings plans, and 83 percent participate.
Posted inBusiness, Maine, News
Consumers urged to take precautions in wake of Time Warner hack
The theft of email addresses and passwords gives hackers access to more than correspondence.
Posted inBusiness, News, Real Estate
Maine’s top-selling real estate agent downsizes to focus on clients
David Banks, who sold more than 250 homes in 2015, sold the bulk of his RE/MAX franchises but will retain a Portland office, his clients and staff.
Posted inBusiness, Maine, News
Portland frizz fighter to take on ABC’s ‘Shark Tank’ Friday night
Maine entrepreneur Alanna York will make her pitch on prime-time TV for financing for a hair products business.