The Puerto Rico Manufacturers Association recently recognized natural gas co-generation plant, Eco-Eléctrica for its leadership in sustainability and commitment to the preservation of Puerto Rico’s natural resources.
More than three decades after opening its doors in Hato Rey, Puerto Rican bakery The Swiss Cake has closed and filed for Chapter 7 bankruptcy protection to liquidate its assets.
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The proliferation of illegal slot machines affects more than 2,800 casino employees, who are at risk of losing their jobs over the closure of casinos operating in Puerto Rico, Eric Rodríguez, vice president of the casinos division of Empresas Santana warned Wednesday.
As part of its extensive coverage of the 2012 Olympic Games in London, Liberty Cablevision of Puerto Rico will become the only cable television provider on the island to offer a 3D channel to broadcast the games.
After three decades of presence on the island selling it leading brands — Orbit, 5 Gum, Skittles, Lifesavers, Starburst, Juicy Fruit, Altoids and Doublemint — and looking to continue strengthening ties with the local community, Wrigley Puerto Rico recently opened its first local office in Cupey.
The job of modernizing the Luis Muñoz Marín International Airport so that it becomes a world-class international gateway that is profitable and attractive to travelers will require significant capital investments and networking — and will not happen overnight.
Oriental Financial Group reported Monday $13.8 million in profits for the second quarter ended June 30.
With an investment that exceeds $583,000, BMF Water, a Caguas-based bottling company, recently finished installing a solar power system that will allow the company to reduce its energy costs by about $50,000 annually.
American Airlines is moving forward with plans to enhance and modernize travel, announcing Monday the introduction of more than 200 new narrowbody aircraft from Airbus and Boeing, which are part of the previously announced order for 460 new planes.
Merck Puerto Rico announced it will invest some $80 million over the next year to expand production capabilities at its Las Piedras manufacturing plant.
Liberty Cable of Puerto Rico filed its application late Friday before the Telecommunications Regulatory Board for approval of its bid to buy San Juan Cable LLC, known as OneLink Communications, News is my Business confirmed.
More than 20 farmers and culinary artisans were invited to La Fortaleza last week to take part in a special edition of the Economic Development Bank-sponsored Urban Market event intended to expose them to the requirements to become suppliers to the governor’s mansion.
The Gov. Luis Fortuño administration sent a scathing letter to Moody’s Investor Services late Thursday, expressing its “utter disappointment” with the agency’s decision to downgrade the Puerto Rico Sales and Use Tax Financing Corporation’s bond rating.
The cash offer submitted by Aerostar Airport Holdings — a consortium comprised of Grupo Aeroportuario del Sureste (ASUR) and Highstar Capital IV, L.P. — to run the Luis Muñoz Marín International Airport edged out its competitor’s proposal by just $48 million, Puerto Rico Public Private Partnership Authority Executive Director David Álvarez said Thursday.
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