Medical device maker Medtronic creating 700+ jobs through $50M expansion
August 13, 2021
Following a $50 million expansion, medical device manufacturer Medtronic announced — accompanied by Gov. Pedro Pierluisi — the creation of more than 700 new direct and indirect jobs in the biosciences sector. In addition to the 575 new direct jobs (225 in the first phase and 350 in the second), another 200 jobs will be […]
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Chemical Solutions invests $1.1M to produce organic disinfectant
July 28, 2021
Yabucoa-based Chemical Solutions, LLC acquired the rights to manufacture in Puerto Rico hypochlorous acid, an organic, water-based disinfectant that combats virus and bacteria, and is 99% effective, company officials announced. After months of negotiations and through a $1.1 million investment, this new manufacturing line will catapult Chemical Solutions into the international market, making it the […]
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Fenwal Int’l investing $34M to create state-of-the-art campus in San Germán
July 21, 2021
Fenwal International Inc., a Fresenius Kabi company, announced plans to expand its campus in San Germán, where it plans to consolidate its manufacture of sterile product bags, accessories assembly, and filling operation of saline solution and anticoagulants. The company estimates that it will make a full investment in San Germán of about $34 million to […]
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Marvel International Inc. backs local basketball league with 1st-time sponsorship
July 15, 2021
Marvel International Inc., a subsidiary of B. Fernández Holdings Inc., announced the production of a special collectible box of its familiar hamburgers El Gordito as part of its sponsorship agreement with Puerto Rico’s basketball league. The company employs 50 people at its production plant in Guaynabo who produce over 150,000 pounds of meat, soups, stir […]
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Hewlett Packard Enterprise gets gov’t backing for clean energy project
June 17, 2021
Hewlett Packard Enterprise (HPE) has been granted an exemption from the government of Puerto Rico covering the production, sale, and operation of Highly Efficient Energy, including combined heat and power systems operated by liquefied natural gas (LNG) or renewable liquified natural gas (RLNG), on a commercial scale. This incentive has been granted as an investment […]
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Congar Int’l Corp. expanding Cayey plant, investing $23M in 4 yrs.
May 27, 2021
Cigar manufacturer Congar International Corp. will expand its operations in Puerto Rico and will add 85 new jobs to the more than 300 employees it already has on its payroll. The company that has been established in Cayey for 60 years plans to invest $23 million in a four-year period during the expansion process. “Congar […]
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Puerto Rico looks to Congress to secure increased manufacturing activity
May 26, 2021
Representatives of the island’s pharmaceutical, aerospace, medical devices, and accountants, among other private sectors, expressed their support for the Medical Manufacturing, Economic Development and Sustainability Act, submitted in Congress by Puerto Rico Resident Commissioner, Jenniffer González. The bill was touted as “an ideal route to strengthen Puerto Rico’s position as a national manufacturing center.” The […]
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Copan Industries Inc. announces $78M expansion in Aguadilla
May 24, 2021
Copan Industries Inc. in Aguadilla has announced an $78 million expansion of its facilities, $9 million of which will be used primarily for construction, while the remainder will be used for machinery and equipment, officials said. “This expansion will help more professionals have job opportunities, stay here and contribute to the economic development of our […]
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Puerto Rico’s manufacturing sector advances, exceeds pre-COVID-19 levels
May 18, 2021
Manufacturing activity has advanced steadily over the past 10 months and, for the first time since the COVID-19 outbreak, has exceeded the pre-pandemic level, according to the Manufacturing Coincident Indicators Index (IICM, in Spansih) for February 2021. Industrial activity in February increased 0.6% (seasonally adjusted) and registered a value of 104.1 points when compared to […]
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ABB manufacturing plant in Vieques closing next month
March 9, 2021
[EDITOR’S NOTE: This story has been updated to include information about government assistance for laid-off employees.] Electrical & Electronic Manufacturing operation ABB will be shutting down its plant in the island municipality of Vieques — where it is one of the largest employers — next month, Mayor José Corcino told this media outlet. The closing […]
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Bacardí earns 2nd Wildlife Habitat Council Certification by doubling down on habitats
February 15, 2021
Bacardí’s plant in Cataño recently earned a second Wildlife Habitat Council Certification for its newly expanded pollinator garden to attract increased numbers of butterflies, bees and bats, which are synonymous with its brand. In 2018, Bacardí received the first WHC certification ever presented to an organization in Puerto Rico. As of today, Bacardí remains the […]
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2 biotech firms investing $228M to open plants in Puerto Rico
February 4, 2021
CytoImmune Therapeutics, Inc. and Biosimilar Solutions, LLC will establish operations in Puerto Rico to develop their biotechnology products. Both initiatives represent a combined investment of some $228 million and the creation of 400 jobs, economic development organization Invest Puerto Rico announced. While CytoImmune Therapeutics will engage in developing cancer immunotherapy solutions, Biosimilar Sciences will work […]
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Medtronic produces insulin pump system at Juncos facility for global distribution
February 4, 2021
Medical device manufacturer Medtronic announced the launch of its newest insulin pump system, produced at its Juncos facility from where it will be exported globally. The Medtronic Minimed 770G insulin pump system has approval from the US. Food and Drug Administration and adjusts insulin levels automatically, taking on more diabetes control tasks so patients can […]
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Puerto Rico’s manufacturing sector shows growth in December ’20
February 2, 2021
The Puerto Rico Manufacturing-Purchasing Managers Index showed an increase to 51.8 in December, surpassing the threshold level of 50 and suggesting an expansion in the manufacturing sector with respect to the previous month. The manufacturing sector has shown sustained improvement for the past few months, after experiencing one of the most significant drops due to […]
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PRiMEX starts export academies, talent management and dev’t on the island
January 20, 2021
Puerto Rico Manufacturing Extension Inc. (PRiMEX), announced the start of two academies, specialized in export areas, as well as the management and development of talents on the island, also known as “Smart Talent.” Both academies are aimed at Puerto Rico’s small and medium manufacturing business sector. “For the second year in a row, we will celebrate […]
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