Polytechnic to host 5th edition of PARK(ing) Day
September 16, 2013
For the fifth consecutive years, the Polytechnic University of Puerto Rico’s Landscape Architects Student Association will host PARK(ing) Day Puerto Rico, from 8 a.m. to 6 p.m. Sept. 20, along a stretch of Ashford Avenue in Condado, between the Ashford Presbyterian Hospital and La Concha hotel.
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NeoMed Center pumps $5.5M to expand facilities
September 16, 2013
NeoMed Center, a nonprofit corporation that operates several 330 primary health centers, is expanding its facilities in Gurabo through an investment of $4.9 million from federal funds.
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Santa Isabel wind farm takes ‘Project of the Year’ award
September 16, 2013
The Santa Isabel Wind Farm project recently earned the “Outstanding Project of the Year Award” in Land Surveying and Environmental Engineering.
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CofC, gov’t share ideas, proposals during forum
September 13, 2013
More than 20 agency heads took part in an economic forum hosted by the Puerto Rico Chamber of Commerce Thursday to exchange ideas and proposals directed toward furthering the island’s socioeconomic development.
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Puerto Rico Police Assoc. to deploy energy-saving LPG tech
September 13, 2013
Scuderi Group Inc. announced Thursday the signing of a Memorandum of Understanding with the Puerto Rico Police Association for the first Scuderi Split-Cycle Engine to be utilized as a liquefied petroleum gas generator with compressed air energy storage (CAES) capability.
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Puerto Rican retailer Jeans.com files Ch. 11, owes $5.1M
September 13, 2013
Jeans.com, a Puerto Rican clothing retailer established in 1998 catering to men 15 to 40, has filed for Chapter 11 bankruptcy protection, listing more than $5.1 million in debt.
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EVERTEC prices stock public offering
September 13, 2013
EVERTEC Inc. announced Thursday the pricing of a previously announced underwritten public offering of 20 million shares of its common stock by an affiliate of Apollo Global Management, LLC, Popular Inc., and certain officers and current and former company employees at $22.50 per share. The underwriters will have a 30-day option to purchase up to […]
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Puma Energy Caribe to offer ethanol gas at all stations
September 13, 2013
In response to an avid response from consumers and gasoline retailers, Puma Energy Caribe, LLC. announced Thursday it will offer gasoline with ethanol in more than 270 service stations across Puerto Rico.
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Oriental looks to add 25K new accounts, boost deposits
September 12, 2013
Oriental Bank is looking to add 25,000 new customers and boost deposits by 3 percent in the next 12 months by offering to reimburse them for the bank fees they pay for using a competitor’s automated teller machine.
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USDA making $5.6M to help rural businesses create jobs
September 12, 2013
The U.S. Department of Agriculture announced Wednesday it is making $5.6 million available in grants through the Rural Community Development Initiative to help rural businesses create jobs and spur economic development.
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Santander launches 2nd round of U-Work internships
September 11, 2013
Banco Santander, armed with the support from the government and members of the academic community, announced Tuesday the launching of the second edition of its U-Work internship program, which this year will benefit 354 college juniors and seniors with real-world work experience.
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SBA looking to stimulate R&D activity in Puerto Rico
September 11, 2013
For years, Puerto Rico has had a long-standing reputation for being a mecca for manufacturing and production for major companies who flock to this Caribbean island in search of talented workers and tax benefits.
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Carrión to remain Popular CEO, Chair after IOC election
September 11, 2013
Popular Inc. announced Tuesday that Richard Carrión will continue as CEO and Chairman of the financial institution after participating as a candidate for president of the International Olympic Committee (IOC).
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J&J donates $500K to 11 organizations in Puerto Rico
September 11, 2013
Johnson & Johnson recently donated $500,000 to 11 organizations that primarily support maternal and youth preventative health programs in Puerto Rico as part of its “Partnership Program for Our Well-Being,” which is now in its 24th year in Puerto Rico.
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Univ. Central del Caribe lands $4.2M for research
September 11, 2013
The Universidad Central del Caribe was recently selected to receive a grant from the National Institute of Health for its Specialized Neuroscience Research Program of $1.4 million for each of the next three years, with the possibility of extending the financial assistance to five years, the school announced this week.
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