McClintock advocates for elimination of trade barriers
June 16, 2011
How many times has it happened that you excitedly find a store online selling that one item you have been coveting or needing, only to discover that when you’re ready to pay for your order, you’re shot down by a message saying “we do not ship to Puerto Rico.”
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Pioneer Hi-Bred completes $6M expansion in Salinas, adds 1st bio-farming research lab
June 16, 2011
A year after announcing plans to invest $6 million to expand its Salinas operation, Illinois-based Pioneer Hi-Bred officially announced Wednesday the completion of the project that has already produced 40 of the total 100 jobs that will be created within the next 18 months.
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Cordis LLC plant closing in San Germán eliminating 450 jobs
June 15, 2011
Cordis Corporation, a subsidiary of Johnson & Johnson, announced Wednesday the discontinuation of production of its Cypher Stent product by the end of 2011, representing the closing of its plant in San Germán. The decision will leave 450 people jobless.
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P.R. must focus on specific areas, services to boost competitiveness
June 15, 2011
U.S. Under Secretary of Commerce Francisco Sánchez urged Puerto Rico Wednesday to take advantage of the recently formed U.S. Corporation for Travel Promotion, which has $200 million to market the mainland and its jurisdictions on a global scale.
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Private sector: Obama’s visit ‘positive, good starting point for economic recovery’
June 15, 2011
President Barack Obama’s visit to Puerto Rico drew a slew of positive feedback from a handful of private-sector executives invited to his welcoming Tuesday, with most concurring that the historic event was positive and could result in long-term benefits.
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Retail sales get jumpstart in ’11
June 15, 2011
Retail sales apparently got off on the right foot this year, reflecting a 4.2 percent year-over-year increase in January, according to the latest statistics Puerto Rico Trade released Tuesday.
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Fortuño discusses job creation, public safety, status during meeting with Obama
June 14, 2011
Gov. Luis Fortuño met with President Barack Obama briefly Tuesday during the latter’s visit to the island, discussing the progress of initiatives to boost the economy, strengthen public safety and establish a “fair and representative process to solve the status problem.”
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Obama arrives to P.R., delivers brief message stressing status, economic issues
June 14, 2011
President Barack Obama basked under the scorching noontime Puerto Rican sun upon arriving to Puerto Rico Tuesday, walking the 300-foot stretch between Air Force One and the hangar at the Muñiz National Guard Base in Carolina.
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Public, private sector representatives on stand-by for Obama
June 14, 2011
Hundreds of local public and private sector representatives gathered at the Muñiz National Guard Base Tuesday morning to get a glimpse of President Barack Obama and listen to his remarks to Puerto Rico upon arriving later this morning.
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Ford sets aside $40K for ‘green’ initiative grants
June 14, 2011
Ford Motor Company is marking a decade of fueling environmentally friendly initiatives on the island through grants bestowed to individuals and organizations. This year, the automaker will distribute $40,000 for those initiatives, adding to the $400,000 it has distributed since 2001.
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Legacy Pharmaceuticals investing $34M in Humacao complex
June 13, 2011
Contract manufacturer Legacy Pharmaceuticals PR, LLC announced Monday investment plans to expand its Humacao complex, where it produces and packages a variety of over-the-counter and prescription drugs in tablet and liquid forms.
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3 new hotels, 1st casino in pipeline for Vieques
June 13, 2011
Three new hotels — including the first to incorporate a casino — are in the works for the island municipality of Vieques, representing a total investment of $55.1 million and the possibility of adding some 200 new rooms, News is my Business has learned.
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Internet Society hosts visit by eminent intellectual property mediator
June 13, 2011
M. Scott Donahey, who for more than two decades has professionally mediated in Internet- and technology-related intellectual property disputes, will be on the island this week to offer a conference sponsored by the Internet Society of Puerto Rico.
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Bayamón juice plant receives FDA warning letter
June 13, 2011
The Food and Drug Administration recently issued a warning letter to Bayamón fruit juice processing plant Jonlly Fruits Inc. over “serious violations” to current safety and sanitary regulations.
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WH focuses on P.R. with Obama visit, Task Force summit
June 11, 2011
President Barack Obama will be landing on Puerto Rican soil at around noon next Tuesday, keeping the promise he made two years ago during a primary campaign stop on the island to come back if he won the elections.
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