Anna’s Linens announced that, after the favorable reception it has had since entering the local market, the retailer decided to open its sixth store in Puerto Rico ahead of schedule. The new 15,000-square-foot store — the home goods retailer’s largest store in Puerto Rico — is located at the Mayaguez Mall, at Borders’ former location, and it required an investment of approximately $900,000. The store is scheduled to open its doors Dec. 13.
New Jersey-based TOTE Inc. has contracted General Dynamics NASSCO to design and build two 764-foot TEU liquefied natural gas-powered containerships to serve the Puerto Rico maritime trade route, with options for three more vessels for additional domestic service, the companies announced Tuesday.
Diversified industrial manufacturer Eaton Corporation plc and electrical equipment supplier Cooper Industries plc announced Tuesday that Eaton has completed its acquisition of Cooper.