Girard Manufacturing files for Ch. 11, cites $3.8M in debt
August 31, 2017
Girard Manufacturing, a wood office furniture store based in Canóvanas, has filed for Chapter 11 protection at the U.S. Bankruptcy Court, listing more than $3.8 million in debt, according to court records.
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Starbucks invests $500K in new Montehiedra shop
August 31, 2017
Starbucks Puerto Rico opened its 24th store at The Outlets at Montehiedra mall’s food court, following a $500,000 investment, Baristas del Caribe announced Wednesday.
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PR Trade and Export to host ‘Expo Puerto Rico 2017’
August 30, 2017
Puerto Rico Trade and Export will host on Sept. 6-7 a multi-sector business event, “Expo Puerto Rico 2017” at the Puerto Rico Convention Center.
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Neolpharma Group to invest $35M in Caguas expansion
August 29, 2017
Mexican pharmaceutical Neolpharma Group, which began operating in Puerto Rico in 2013, will invest $35 million to expand its Caguas facility, creating 150 new jobs over a 24-month period, company and government officials said.
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P3 Authority re-opens RFQ process through Sept. 6
August 29, 2017
Puerto Rico Public-Private Partnership Authority Executive Director Omar Marrero announced that due to “high interest” from consulting firms, the agency has re-opened the Request For Qualifications (RFQ) process through Sept. 6.
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Serafina Beach Hotel to open in Condado on Nov. 15
August 29, 2017
The Serafina Beach Hotel, a 96-room oceanfront property in the heart of San Juan’s Condado tourist district, is set to open Nov. 15, according to published reports.
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Weekend Wheels: ’18 Infiniti QX30 is built for adventure
August 28, 2017
The 2018 Infiniti QX30 is the newest member of the automaker’s crossover category — a vehicle that embodies the perfect combination of luxury and features that make it just plain fun to drive.
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Rosselló announces $112M in funding for road repairs
August 25, 2017
Gov. Ricardo Rosselló, flanked by Highways and Transportation Authority Executive Director Carlos Contreras-Aponte, announced several federally funded road repair projects representing an investment of more than $112 million.
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Corporate Ladder: New execs in consulting, construction
August 22, 2017
This edition of “Climbing the Corporate Ladder” features new private-sector executive appointments in the areas of electronic payment processing, construction and consulting.
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Medical cannabis experts: PR industry in growth spurt
August 21, 2017
Puerto Rico’s medical cannabis industry is experiencing a growth spurt in patients, clinics and certified doctors and industry professionals, private sector and government officials confirmed.
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30 ‘Pa Mi Gente’ program rolling kiosks up for auction
August 18, 2017
Auction house Centro Casas will be putting up for bid 30 rolling kiosks that were part of the “Pa’ Mi Gente” program launched by former Gov. Luis Fortuño’s administration in 2010, this media outlet confirmed.
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Aireko Construction ‘disappointed’ over $1.5M fine
August 18, 2017
San Juan-based Aireko Construction — which will have to pay a $1.5 million fine after failing to comply with the asbestos National Emission Standards for Hazardous Air Pollutants — expressed “disappointment” in the U.S. District Court for Puerto Rico’s decision, saying it is “excessive.”
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U.S. gov’t to decide by Oct. 6 if it will defend PROMESA
August 17, 2017
The United States government will notify the Financial Oversight and Management Board by Oct. 6 if it will defend the constitutionality of PROMESA.
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DACO issues 15 infringement notices to car dealers
August 17, 2017
The Department of Consumer Affairs issued Wednesday about 14 infringement notices to auto dealers selling vehicles without the Monroney Label, required by local and federal laws to provide information to potential car buyers.
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Caguas-San Juan light commuter train project derailed
August 16, 2017
Plans to build a commuter train project connecting Caguas to San Juan, called Novotrén, have been derailed after years of development and interest from the private sector, Caguas Mayor William Miranda-Torres confirmed.
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