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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Prime Air unveils plans for $1.4M temperature-controlled storage facility
September 16, 2021
With an investment of $1.4 million and applying the “most advanced technology and infrastructure,” Puerto Rican global transportation and logistics services company, Prime Air Corp. began the construction of its second temperature-controlled warehouse in the cargo area of the Luis Muñoz Marín International Airport. The facility seeks to supply the growing demand from pharmaceutical companies […]
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Business leaders list opportunities for ‘manufacturing of the future’
September 15, 2021
As part of the activities to mark “Manufacturing Week 2021” locally and in the US mainland, Puerto Rico Manufacturing Extension Inc. (PRiMEX), held a round table with business leaders, who discussed the opportunities and how the manufacturing of the future will be built. Leaders agreed that Puerto Rico needs to maintain the existing manufacturing industry, […]
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Pharma co. Romark waiting on FDA approval of COVID-19 treatment
August 25, 2021
Research-based pharmaceutical company Romark Global Pharma has completed a clinical trial that showed that a tablet it is manufacturing at its Manatí plant can prevent about 80% of hospitalizations caused by COVID-19 in high-risk patients, company CEO Marc Ayers confirmed. “We submitted data to the Food and Drug Administration in April and we’re now waiting […]
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7 Eagle Group Caribe gets $6.6M to launch cybersecurity operation
August 19, 2021
Technology services company 7 Eagle Group Caribe ViPR-SOC (7EGC) will be the first “Quantum-Resistant” cybersecurity operation in the United States and Puerto Rico and will be established in the island starting in the first quarter of 2022. As part of its upstart, the firm received $6.6 million in incentives which will be directed toward construction, […]
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