Medical device maker Medtronic will be pumping $50 million into expanding its Juncos operation in the next three years, adding some 200 jobs in the process, company and government officials announced Friday.
To the apparent relief of a coalition of the island’s major telecommunications companies, Senate President Thomas Rivera Schatz intervened Thursday with the apparently “fast-tracked” confirmation process of Gloria Escudero Morales’ nomination as associate member of the Telecommunications Regulatory Board.
Representatives from more than a dozen labor unions and the private sector met with Resident Commissioner Pedro Pierluisi Thursday to outline strategies to defend the Puerto Rico Investment Promotion Act and the American Jobs Act, both of which they claim could spur economic development for the island.
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