Mexico’s Neolpharma will be picking up the assets of Pfizer’s Caguas manufacturing plant, through an agreement that is expected to close during the first quarter of 2013, company executives announced Tuesday. The financial terms of the agreement were not disclosed.
Allied Car & Truck Rental is marking its 30th anniversary by investing $9 million to double its presence in Puerto Rico over the next two years, as well as establish branches outside the island, company officials said Monday.
Folks who like to dream big, explore and discover natural wonders will now have the opportunity to enjoy a variety of unique adventures by air and by sea with Seaplanes in Paradise & San Juan Water Tours, which recently launched services from Pier 6 in Old San Juan.
Government Development Bank of Puerto Rico President Juan Carlos Batlle recently addressed a group of UBS clients on the outlook for the island’s credit as part of the company’s “UBS Speaker Series” cycle that began earlier this year.
American Airlines announced its entrée reservations program, becoming the first domestic airline to offer premium class customers the opportunity to review menu options and pre-select their desired meal prior to their flight’s departure.
Broadband service provider Aeronet has entered into a long-term lease agreement with AT&T de Puerto Rico and Sprint for wireless broadband spectrum with islandwide coverage.
AT&T de Puerto Rico recently donated $100,000 to the Community Education Delivery and Service Program (known as P.E.C.E.S. Inc. for its initials in Spanish) to help it strengthen social and educational services offered through its accredited alternative school.
Wireless service provider T-Mobile announced Thursday an ambitious plan to expand its islandwide sales network and redesign its Puerto Rico stores and service centers based on a customer-centric vision, all to the tune of $7 million.
Two months ahead of its scheduled grand opening, the Dorado Beach, a Ritz-Carlton Reserve announced this week it has begun accepting reservations to stay at what will be Puerto Rico's most lavish hotel property.
Ford Motor Company announced Thursday the opening of its first Quick Lane Tire & Auto Center business in Puerto Rico, located at the Caguas Expressway dealer.
During the month of October, El Meson Sandwiches is celebrating “Manos al Cafetal” (“A Hand to the Coffee Farms”), an initiative to raise awareness about the lack of workers available to harvest Puerto Rico’s coffee crops.
Grupo Guayacán, a Puerto Rican nonprofit venture capital firm, announced Wednesday the selection of the top 15 business proposals submitted in this year’s EnterPRize Business Plan competition.
Puerto Rico Public Private Alliance Authority Executive Director David Álvarez acknowledged Tuesday that if the Federal Aviation Administration fails to give its go-ahead to the Luis Muñoz Marín International Airport P3, the government would not pursue another such deal.
With loan volume steadily increasing for the past six quarters, the U.S. Small Business Administration’s loan programs posted the second largest dollar volume ever in Fiscal 2012, supporting $30.25 billion in loans to small businesses, the agency informed Tuesday.
Four years after taking over the reins of Puerto Rico Telephone, the island’s largest telecommunications provider, company President Enrique Ortiz de Montellano believes there’s still a lot of work ahead to spur the growth of landline, wireless and paid television markets.
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