GE to create 61 new jobs Vieques, San Germán
September 25, 2013
Officials from General Electric and the Puerto Rico government announced jointly on Tuesday the addition of a new product line to the company’s plant in Vieques that will add 11 new jobs there, and the introduction of a new line in San Germán that will bump up the payroll by 50.
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Agriculture Dept. gets $352K to promote specialty crops
September 25, 2013
The Puerto Rico Agriculture Department has been awarded $352,290 from the U.S. Department of Agriculture to develop eight projects that will increase sales of specialty crops by improving food safety through training and mentoring programs, the federal agency announced Tuesday.
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P3 Authority, PRIFA open school upgrade program RFQs
September 25, 2013
The Puerto Rico Public-Private Partnerships Authority and the Puerto Rico Infrastructure Finance Authority announced Tuesday they will be receiving proposals from qualified companies interested in providing construction and maintenance services for the second phase of the School Modernization Program, known as “Escuelas de Primera.” The RFQ must be submitted on or before Oct. 8, Grace […]
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Doral SVP plays up Hispanic community empowerment
September 25, 2013
Lucienne Gigante, senior vice president of Doral Bank, recently discussed the importance of community empowerment and its multiplier effects on society, during the 34th annual convention of the U.S. Hispanic Chamber of Commerce.
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Oriental’s González takes Fed. Home Loan Bank NY post
September 24, 2013
José Ramón González has resigned as senior executive vice president of banking and corporate development to accept a position as executive vice president of the Federal Home Loan Bank of New York, Oriental Financial Group announced Monday.
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Paulson buys majority stake in St. Regis Bahía Beach
September 24, 2013
Paulson & Co. Inc., a New York-based investment firm, announced Monday that on behalf of its Recovery Funds it has acquired a majority interest in The St. Regis Bahía Beach Resort, Puerto Rico and the Bahía Beach Resort & Golf Club.
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INTERPHEX Puerto Rico to feature education, training
September 24, 2013
INTERPHEX Puerto Rico, together with Medical Device Puerto Rico and Buildings & Facilities Puerto Rico 2013, will present a robust educational program featuring industry experts who have led innovative global initiatives in areas such as sustainability and security to reduce manufacturing costs, optimize the supply chain, and maximize human resources. The event will take place Oct. 10-11 at the Puerto Rico Convention Center.
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Appointments at FirstEnergy, President’s Export Council
September 23, 2013
FirstEnergy Corp. recently announced that Luis A. Reyes has been elected to the company's Board of Directors, while President Barack Obama named AES president and CEO, Andres R. Gluski, to his Export Council.
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FirstMortgage optimizes online mortgage servicing app
September 23, 2013
FirstMortgage recently upgraded its website’s online mortgage servicing features, enabling customers to conduct a variety of transactions.
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Walmart donates truck to Puerto Rico Food Bank
September 23, 2013
September is hunger awareness month and with that in mind, Walmart Puerto Rico recently donated a refrigerated truck to the Puerto Rico Food Bank, a nonprofit organization founded in 1988 to meet the food needs of socioeconomically disadvantaged children, the sick and needy.
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Treasury collections down $40M year-over-year in Aug.
September 20, 2013
The Puerto Rico Treasury Department collected $40 million less last month with $472.7 million in net revenue, down from the $513.5 million in net revenue in the books for the same month last year, according to figures the agency released Thursday.
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Cape Air to fly San Juan to Culebra, Virgin Gorda routes
September 20, 2013
Regional Cape Air is moving ahead with growth plans for the Caribbean with the addition of non-stop service between San Juan and Culebra and between San Juan and Virgin Gorda.
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Ford teams up with comedian Alex Díaz for college tour
September 20, 2013
Ford Motor Company and Puerto Rican comedian Alex Díaz recently kicked off the second phase of a college tour to the launch of the 2014 Ford Fiesta, looking to showcase the new vehicle, while presenting the comedian’s new, free stand-up comedy show called “Profe…NO ENTIENDO” (“Professor, I don’t GET IT”).
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JetBlue, Inter American Univ. partner to prepare pilots
September 19, 2013
JetBlue Airways, Puerto Rico’s largest carrier, announced Wednesday a new partnership with Inter American University’s School of Aeronautics, which will now become part of the airline’s “University Gateway Program,” a pilot talent pipeline in conjunction with university aviation programs and regional airlines.
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P3 Authority Board moves Caguas train project forward
September 19, 2013
Puerto Rico Public-Private Partnership Authority’s Board has finished evaluating the Caguas-San Juan commuter rail project desirability and convenience study, giving the agency the go-ahead to continue the procedures to establish a partnership for the project, P3 Authority Executive Director Grace Santana said Wednesday.
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