PepsiCo Puerto Rico exploring exporting locally-made products to So. Florida market
December 16, 2020
PepsiCo, which has been manufacturing popular snacks — Doritos, Tostitos and Cheetos — out of its Barceloneta plant since 1982, is evaluating expanding its reach into South Florida, by exporting its “Mofongo Mix” product line into a market with a solid Puerto Rican presence. In an interview with this media outlet, company General Manager Alejandro […]
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Viatris to shutter its Mylan manufacturing plant in Caguas
December 14, 2020
Viatris Inc. — the new company product of the merger between Mylan and Pfizer’s Upjohn manufacturing operations — announced the closure of its plant in Caguas that will happen in phases through December 2022. Some 600 employees will be affected by the corporate decision to eliminate the solid dose manufacturing facility that still carries the Mylan […]
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Lantheus Holdings Inc. sells Puerto Rico operations for $18M
December 7, 2020
Lantheus Holdings Inc. announced the sale of its Puerto Rico radiopharmacy and positron emission tomography manufacturing facility in Ponce to PharmaLogic Holdings Corp. for $18 million in cash. As part of the transaction, Lantheus and PharmaLogic will also enter into a long-term supply agreement under which Lantheus will continue to supply PharmaLogic with Lantheus’ products […]
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Pall Life Sciences invests $4.5M in electric and thermal energy cogeneration system
October 26, 2020
Pall Life Sciences Puerto Rico LLC, a subsidiary of Danaher Corporation, announced a $4.5 million investment in a new electric and thermal energy cogeneration system at its plant in Fajardo, which has been in operation for 45 years. “Pall Life Sciences Puerto Rico LLC, reaffirms its commitment to invest in the island with a system […]
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Becton Dickinson pumps $23M into Juncos complex expansion
October 15, 2020
Medical technology manufacturer Becton, Dickinson and Company (BD) announced a new expansion to its complex in Juncos, through a $23 million shared investment with the Department of Economic Development and Commerce (DDEC). BD has been operating in Puerto Rico since 1957 and will expand its operations and infrastructure to increase production capacity, DDEC Secretary Manuel […]
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Economic Dev’t and Commerce grants $3.1M to textile, food manufacturers
October 12, 2020
The Department of Economic Development and Commerce announced support for seven Puerto Rico-based companies in the food and textile production sector, whose total investments are close to $3.1 million and the creation of more than 700 jobs. The agency is supporting the expansion of Productos Chebo’s, Amasar LLC, Farm City, and Productos La Finca, which […]
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Cidrines pastry and bread manufacturer invests $3M to boost exports
October 8, 2020
Cidrines, a Puerto Rican company founded in 1978 known for its sweet ‘sobao’ bread and pastries, is investing $3 million to expand its manufacturing plant in the Zeno Gandía industrial park in Arecibo to increase its exports, company and government officials announced. The investment will cover the hiring of 50 employees over the next 36 […]
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Fresenius Kabi Puerto Rico invests $30M to expand San Germán complex
September 15, 2020
Fresenius Kabi Puerto Rico, a company focused on transfusion technology, blood collection and processing products, as well as cell therapy, announced plans to expand its manufacturing complex in San Germán, at a cost of $30 million. The expansion entails modernizing and automating the plant to increase its capacity and competitiveness, as well as establishing a […]
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Puerto Rico’s manufacturing activity index drops to 58.8 in July
September 2, 2020
The Purchasing Managers Index (PMI) for Puerto Rico’s manufacturing sector decreased slightly to 58.8 in July. However, numbers released by the Puerto Rico Institute of Statistics show that a reading above the threshold level of 50 suggests an expansion in the manufacturing sector with respect to the previous month. The new orders and employment sub-indexes […]
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Ron del Barrilito maker investing $12M to increase production, exports
August 27, 2020
A $12-million expansion plan is underway for Ron del Barrilito, to increase production and exports, said Eduardo Bacardí, sales and marketing director for producer Edmundo B. Fernández Inc. The investment will help increase production volume by 400%, he said. “This expansion phase takes us to a higher level by increasing our production, storage, and aging […]
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Romark to produce ALINIA at its manufacturing plant in Manatí
August 21, 2020
Romark, a research-based pharmaceutical company focused on the discovery, development and delivery of innovative new medicines, primarily in the field of infectious diseases, announced that the U.S. Food and Drug Administration has given its approval to the production of ALINIA, at its Manatí plant. The $80 million, state-of-the-art facility opened a little more than a […]
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Resident Commissioner, W.H. delegation visit pharmaceuticals, aerospace co.’s
August 19, 2020
For the second day this week, a delegation of White House officials hosted by Puerto Rico’s Resident Commissioner Jenniffer González toured several pharmaceuticals and aerospace companies on the island, in an effort to lure new business for the economy. The goal is to show the island’s “capacity and infrastructure to host multinationals, showing the diversity […]
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Puerto Rico manufacturing reps host White House officials in ‘Industry Capabilities Tour’
August 18, 2020
Invest Puerto Rico (InvestPR), in partnership with the Department of Economic Development and Commerce (DDEC), Puerto Rico Manufacturers Association (PRMA), the Pharmaceutical Industry Association (PIA), the Mechanical Contractors Association (MCA), and other industry organizations and government officials, are hosting White House officials in a special visit to Puerto Rico, Aug. 18-20. The three-day tour will include visits to companies […]
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Pall Life Sciences invests $10M in Fajardo plant
July 24, 2020
Pall Life Sciences Puerto Rico, LLC announced the $10 million expansion of its plant in Fajardo, where it manufactures filters for bio-pharmaceutical applications. The company has been doing business in the eastern town of Puerto Rico for 46 years, where it will begin the construction of a new warehouse that will allow, among other things, […]
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CooperVision invests $150M in Juana Díaz plant expansion
July 21, 2020
CooperVision, a company dedicated to making contact lenses, announced a $150 million investment to expand its Juana Díaz manufacturing plant and create 225 new jobs, company and government officials said. The project also entails the certification of 285 current employees in new highly automated technology, Department of Economic Development and Commerce Secretary Manuel Laboy and […]
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