Calling it its “manifesto on the economy,” the Puerto Rico Manufacturers Association unveiled Thursday a series of initiatives needed to regain the ability to expand the island’s economy and create jobs.
Some 1,500 Puerto Rico homeowners facing the possibility of foreclosure may be able to qualify for a new $20 million emergency assistance program unveiled Friday by the Puerto Rico Housing Financing Authority, in agreement with local banks.
German medical device maker Sartorius Stedim Biotech announced plans for a $20 million expansion at its industrial complex in Yauco, which will add 87 new jobs and a new filtration systems manufacturing line to its operation.