Haleon is born as new consumer healthcare manufacturing operation
July 18, 2022
Five months after announcing it, GlaxoSmithKline confirmed it has completed the spin-off of its consumer division, which is now officially operating as Haleon. The name change applies to Glaxo’s manufacturing plant in Guayama. The new independent company is 100% focused on consumer health, completing its demerger from GSK. Haleon is the maker of recognized brands […]
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Puerto Rico manufacturing purchasing index drops to 53.3 in May
July 6, 2022
Staffing turnovers, lack of raw materials and increased costs affected the sector in May.
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iPR Pharmaceuticals invests $3.5M in photovoltaic solar park
May 26, 2022
The new solar park was inaugurated this month.
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Biopharma industry pumps $3B into economy, creates 87K jobs
May 9, 2022
The biopharmaceutical industry contributes 18% of the island's Gross Domestic Product.
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Puerto Rico’s industrial activity shows highest monthly increase in past 6 yrs.
April 29, 2022
When compared to February 2021, industrial activity reflected an increase of 8.5%.
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CytoImmune Therapeutics Inc. opens manufacturing facility in Toa Baja
March 24, 2022
CytoImmune is developing a suite of engineered natural killer cell therapeutics for the treatment of cancer patients.
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Stryker breaks ground on $4.7M electricity co-generator at its Arroyo plant
March 11, 2022
The combined heat and power electricity co-generator should be operational by February 2023.
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Glaxo’s Guayama operation to become Haleon as part of spin-off
February 23, 2022
Business is on track to spin-off the unit and list it as a new company in mid-2022.
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Honeywell Aerospace moves Americas Aftermarket HQs to Guaynabo
February 22, 2022
Honeywell began operating in Puerto Rico in 2007 with 12 employees and now has 1,000 islandwide.
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PRiMEX: 70% of Puerto Rico’s manufacturing buildings show structural damage
December 17, 2021
The Puerto Rico Manufacturing Extension Inc. (PRiMEX) released two studies analyzing the state of the island’s manufacturing infrastructure, which concluded that more than 70% of 160 buildings inspected are still dangerous after the earthquakes that hit two years ago. The studies also showed that more than 85% of the small and medium-sized manufacturing companies on […]
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Coalition vying for $100M in ‘Build Back Better Regional Challenge’ funds
December 14, 2021
The Northwestern Puerto Rico Bio Manufacturing Cluster, led by the Department of Economic Development and Commerce (DDEC, in Spanish), is in the running for $100 million in funds available through the US Economic Development Administration’s “Build Back Better Regional Challenge.” The federal agency confirmed that 60 finalists have been short-listed for the program that has […]
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PRMA launches campaign to raise awareness about gender violence
December 9, 2021
The Puerto Rico Manufacturers Association has created a social responsibility campaign, under the slogan “Todos contigo mujer. No más violencia,” (All with you, woman. No more violence). PRMA Executive Vice President Yandia Pérez said the goal is to promote and unite several industry sectors, to raise awareness, encourage and maintain communication and constant education, about […]
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PRMA launches ehub digital marketing platform
November 11, 2021
The Puerto Rico Manufacturers Association (PRMA) launched ehub, a personalized platform, inspired by virtual reality, which the trade organization said will provide “modern interaction through which users will have a unique experience never seen before in Puerto Rico.” The digital tool is aimed at creating connections, collaboration, marketing, promote products or services and integration with […]
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PRiMEX manufacturing week focuses on boosting innovation, sparking interest in sector
September 28, 2021
Puerto Rico Manufacturing Extension (PRiMEX) announced the start of this year’s “Manufacturing Week,” which is focused on promoting innovation, sparking interest of new and current generations in the industry, sharing best business practices, making experts available in key industry areas, promoting learning, and experiencing and developing new manufacturing trends for the future. The event follows the […]
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Microsoft closing Humacao manufacturing plant by ’24
September 23, 2021
Microsoft Corp. will be shuttering its only wholly owned manufacturing facility in the world, located in Humacao, in 2024, leaving 78 employees jobless, Department of Economic Development and Commerce Secretary Manuel Cidre confirmed. Microsoft Operations Puerto Rico in Humacao has been doing business there since 1989. At present, it is occupying a building owned by […]
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