Techno Plastics Industries pumping $2M into Añasco plant expansion
November 1, 2024
The DDEC is granting the company close to $1 million in support, agency officials said. #NewsismyBusiness
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Solx to open Puerto Rico’s 1st solar panel manufacturing facility
October 15, 2024
The company will help the island reach its renewable energy goals while boosting local economic growth and job creation. #NewsismyBusiness
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LIFT to develop advanced manufacturing at $4M Caguas plant
October 11, 2024
LIFT began operating in Puerto Rico last year after signing a Memorandum of Understanding with the DDEC at the end of 2022. #NewsismyBusiness
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Marxuach Precast expands operations with $7M investment
October 2, 2024
The prefabricated concrete manufacturer received a $1.5 million incentive from the Puerto Rico Economic Development and Commerce Department. #NewsismyBusiness
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Lockheed Martin, Infosys BPM announce expansions, new jobs in Aguadilla
June 28, 2024
Both aerospace industries have had a long-standing presence in Puerto Rico. #NewsismyBusiness
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InvestPR announces arrival of 2 new companies to Puerto Rico
June 17, 2024
Puerto Rico shines as global leader in biosciences at Bio International 2024 and welcomes Hemostemix and Smartweave. #NewsismyBusiness
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Bassett Bedding to export to new markets following $1.7M investment
May 30, 2024
Bassett Bedding has a presence in more than 175 furniture stores in Puerto Rico. #NewsismyBusiness
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Air Master Group begins manufacturing energy-efficient glass in Gurabo
April 18, 2024
The company launched center of excellence to produce glass products that provide safety and lower energy costs. #NewsismyBusiness
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Eaton completes first-of-its-kind clean energy project in Puerto Rico
April 3, 2024
Eaton drives 45% reduction in energy consumption at Arecibo plant, cuts emissions by 7,100 metric tons annually and reduces costs by nearly 20%. #NewsismyBusiness
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NSF grants Univ. of Puerto Rico professor $300K for biological sensor tech
March 13, 2024
The innovative project improves environmental safety and quality control. #NewsismyBusiness
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Fresenius Kabi San Germán invests $2M in new production line
March 1, 2024
The plant will increase the production of Alyx, a product for the separation of blood components. #NewsismyBusiness
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Ortho-Tain invests $9.2M to expand Toa Alta operations
February 16, 2024
Ortho-Tain Enterprises, founded in 1976, is a local company dedicated to the development and manufacturing of removable orthodontic products to correct both aesthetic and functional issues. #NewsismyBusiness
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Johnson & Johnson MedTech invests $168M to expand Puerto Rico footprint
February 13, 2024
Johnson & Johnson MedTech will expand operations to an existing site in Manatí and add an estimated 100,000 square feet in manufacturing capacity to meet growing demand for its surgical technologies. #NewsismyBusiness
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Puerto Rico Hospital Supply unveils $6.4M expansion in Río Grande
January 24, 2024
The DDEC allocated $3 million, or 45% of Puerto Rico Hospital Supply’s total investment, through its Special Fund for Economic Development. #NewsismyBusiness
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Carmela Foods receives more than $1M from DDEC for expansion
January 18, 2024
The incentive will fund new machinery and create jobs in Las Piedras. #NewsIsMyBusiness
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