EDB grants $36.5M in small business loans
June 22, 2011
Sixty-seven small businesses in the areas of services, agriculture, manufacturing and technology received a combined $36.5 million in loans from the Economic Development Bank Tuesday, through which they will create some 5,700 jobs, agency President Ivonne Otero announced.
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Farmers lock down permanence of tax incentives
June 22, 2011
The elimination of certain farming incentives proposed in a pair of measures will not come to fruition as a result of the Puerto Rico Farm Bureau’s lobbying efforts at La Fortaleza, the trade organization said Tuesday.
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C-Axis pumps $2.8M into Caguas expansion
June 21, 2011
Precision parts manufacturer C-Axis Puerto Rico Inc. is investing $2.8 million to expand its medical device components line in Caguas, adding 32 jobs in the next 24 months, company officials said Tuesday.
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