Gardner-Gibson, a full line manufacturer of roof waterproofing products, announced it will invest more than $5 million to open a new distribution center at La Cerámica Industrial Park in the municipality of Carolina, after marking its third anniversary on the island. The ambitious expansion project, which is slated for completion by the summer of 2020, […]
U.S. District Court Judge Pedro Delgado-Hernández ruled against 40 defendants for selling and distributing counterfeit Playero Inc. products, slapping them with a global fine of more than $1 million for the infringements, this media outlet learned. According to the default judgment and permanent injunction issued Wednesday, the defendants were found guilty of breaching the familiar […]
Corporación SANOS executives announced the opening of a new health clinic at the Los Prados shopping center in Caguas, to expand services in the town. César Montijo, executive director of SANOS said the new health center opened with a $650,000 contribution from the Health Resources and Services Administration, an amount that was part of a […]
Amnesty International Puerto Rico made a call to the local and federal governments to ensure that relief and reconstruction efforts protect human rights following the earthquakes earlier this week, and the ongoing seismic activity. “It is very worrying that the government of Puerto Rico has not provided an adequate and immediate response to the predictable […]
As the year comes to a close, representatives from a cross-section of Puerto Rico’s economic sectors offered their impressions of the most significant events of the past decade. The nonprofit sectorIn the wake of the devastation caused by Hurricane María in September 2017, nonprofit organizations became the first responders, which was “an unanticipated and highly […]
Nonprofit organizations have the potential to develop to the fullest, increasing their social contribution, if they incorporate successful and innovative business strategies that use startups, said Attorney Olvin Valentín, executive director of the Nonprofit Institute, which offers education in administrative and business skills to these types of organizations. “For too long, nonprofit organizations have been […]
The Center for a New Economy recently hosted members of the media to provide context and information to journalists as they prepare to cover two key events for Puerto Rico’s energy policy. First, the Puerto Rico Energy Bureau will hold a public hearing in February to discuss Puerto Rico Electric Power Authority’s (PREPA) Integrated Resource […]
Toyota Foundation announced that seven nonprofits in Puerto Rico dedicated to education, research and natural resource conservation will split $101,958 to move their initiatives forward. During a recent ceremony, Saskia Gómez, public relations executive for Toyota de Puerto Rico, which sponsors the foundation, said through education, voluntarism or innovation, the Environmental Donations program annually identifies […]
U.S. Customs and Border Protection (CBP) San Juan Field Operations announced the seizure of 289 shipments of counterfeit products imported into Puerto Rico via international mail or courier before the holidays. The estimated manufacturer suggested retail price of all the counterfeit products seized is $5.3 million. The domestic value of the purchased merchandise is $309,686, the […]
Many consumers are in a sprint to the finish getting their holiday gifts and greetings in the mail. This week is anticipated to be the busiest of the holiday mailing and shipping season for delivery services such as the U.S. Postal Service and FedEx. While the government agency expects to process and deliver nearly 2.5 […]
Miami-based registered investment advisory firm GenTrust will open an office in San Juan, to carry out its fiduciary duty to its clients, company officials announced. According to a report published by CityWire, GenTrust handles some $400 million in assets for clients based in Puerto Rico. “Our team has more than two decades of experience servicing […]
Some 20 entrepreneurs were honored last night during Grupo Guayacán Inc.’s year-end event. The business training organization awarded more than $200,000 in seed capital prizes to foster the development of a group of 17 emerging companies. As part of the awards ceremony held at the Puerto Rico Museum of Art, the winners of the 14th […]
As part of its mission to position Puerto Rico as an Innovation Hub, the Puerto Rico Science Technology and Research Trust Technology Transfer Office is celebrating — along with the University of Puerto Rico’s Medical Sciences Campus — the “Technology Transfer Recognition Week” to highlight the incredible potential of this tech transfer process as an […]
The PNC Christmas Price Index predicts “true loves” will find all is calm when putting the gifts under the tree this holiday shopping season. To purchase the gifts included in the classic holiday song “The 12 Days of Christmas,” it will cost just 0.2% more than it did in 2018, according to the 36th annual […]
Puerto Rico hospitals show, in general, higher readmission and mortality rates than their peers in the U.S. mainland, as well as longer emergency room stays for patient, a study by San Juan-based V2A Consulting firm. In general, Puerto Rico hospitals score lower than the national average in quality metrics, based on reports from the Centers […]
NIMB ON SOCIAL MEDIA