Albany-based FirstLight Fiber, which now controls access to much of the state’s internet backbone, also is majority owner of a Maine-based internet service provider.
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
In surprise sale, NY firm acquires company that runs part of Maine’s broadband network
Maine Fiber Co., which owns and operates the Three Ring Binder fiber-optic network, is acquired by Albany-based FirstLight Fiber.
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Posted inBusiness, Health, Local & State, Schools and Education
MDI lab receives $18 million grant for biomedical research and training
The Bar Harbor laboratory is the founder and leader of a statewide network of 13 educational and research institutions.
Posted inBusiness, News
Telecom group launches survey to gauge Mainers’ broadband priorities
The Telecommunications Association of Maine, Consolidated Communications and the Island Institute seek to better understand statewide internet usage and needs.
Posted inBusiness, Local & State
ImmuCell reports big revenue boost in first quarter
The Portland-based biotech firm increased revenue by 53 percent and returned to profitability after suffering a net loss in 2018.
Posted inBusiness, Local & State
One thing Maine’s legal pot industry can’t bank on: Support of financial institutions
Their reluctance deprives cannabis firms of a key ingredient for doing business.
Posted inBusiness, Local & State
Federal bill could launch cannabis banking industry in Maine
Cannabis would remain an illegal drug under federal law, which means banks providing services to sellers still could face some risks.
Posted inBusiness, News
Finalists chosen for Gorham Savings’ $50,000 LaunchPad competition
The five Maine startups will compete in a live business pitch competition on June 4.
Posted inBusiness, Local & State
Real estate trends point to a cooling economy, experts say
Experts at a Maine Real Estate and Development Association conference say the economic cycle that brought years of real estate market growth appears to be winding down.
Posted inBusiness, Local & State
Jackson Laboratory expands presence in China
The Bar Harbor-based research organization and lab mice supplier says China has emerged as the hottest country outside the U.S. for genetic research into diseases.