Haemonetics to sell Fajardo manufacturing operations to GVS, S.p.A
June 4, 2020
Medical technology company Haemonetics Corp. announced that it has entered into a definitive agreement to sell its Fajardo manufacturing operations to GVS, S.p.A, a provider of advanced filtration solutions for critical applications. Under the terms of the agreement, upon closing, Haemonetics will retain all intellectual property rights to its proprietary blood filters currently manufactured at […]
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Alliance launches campaign to bring manufacturing back to U.S. soil
April 7, 2020
Stressing that the COVID-10 pandemic has put the spotlight on the importance of the manufacture of medicines, products and medical devices to guarantee the health of citizens, the Alliance for the Economic Development of Puerto Rico launched a campaign to support the return of pharmaceutical and health-related products to the United States. The private sector […]
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AbbVie donates $35M for COVID-19 relief across Europe, U.S., Puerto Rico
April 2, 2020
Research-based global biopharmaceutical company AbbVie announced a $35 million donation to support COVID-19 relief efforts across Europe, the continental United States and Puerto Rico. In the U.S., AbbVie’s funds will be used to support healthcare capacity for hospitals as well as protect vulnerable populations by enabling access to food and essential supplies. In Europe, the donation will […]
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Bacardi shifts production in Cataño plant to make hand sanitizers
March 19, 2020
The Bacardi Corporation distillery in Cataño, where more than 80% of the company’s rums are produced, has partnered with Puerto Rico-based manufacturer Olein Refinery to provide raw materials that will enable the production of more than 1.7 million units of 10-ounce hand sanitizer products, the company announced. More than 500,000 of the units produced in […]
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P.R.’s manufacturing Purchasing Managers Index drops to 41.9 in Dec.
February 4, 2020
The Purchasing Managers Index for Puerto Rico’s manufacturing sector decreased to 41.9 in December and remained below the threshold level for the ninth consecutive month, according to the most recent report released by the Puerto Rico Manufacturers Association and the Puerto Rico Institute of Statistics. “A reading below the threshold level suggests a contraction in […]
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13 co.’s take part in 2nd edition of PRiMEX Export Academy
December 9, 2019
The Puerto Rico Manufacturing Extension Inc. (PRiMEX), launched the second edition of its Export Academy, in which 13 companies will learn the basic elements to establish an export plan in the short, medium and long term. The academy includes six educational modules and group consulting sessions with a total investment of 70 hours. The academy […]
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Boehringer Ingelheim invests some $50M to expand plant in Barceloneta
November 14, 2019
Boehringer Ingelheim, a global provider of animal health products for pets and livestock, announced a nearly $50 million expansion of its manufacturing site in Barceloneta. The investment will create up to 105 full-time jobs in three to five years, bringing full-time employment at the site as high as 322. Everett Hoekstra, president of Boehringer Ingelheim […]
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Corteva Agriscience begins new phase of innovation in P.R.
October 14, 2019
Following three decades of operating in Puerto Rico from its headquarters in Salinas under the names of DuPont Pioneer and Dow AgroSciences, the company is starting a new phase of operations focused on the research and development of corn, sorghum and soybean seeds under Corteva Agriscience name. Through this effort, the company “strengthens its position […]
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3A Press expands printing operation in Lajas following $7M investment
October 9, 2019
3A Press, a printing operation that supplies the pharmaceutical and medical devices industries, has expanded its operation in the town of Lajas, following a $7 million investment in equipment and machinery. During a tour of the facility, Department of Economic Development and Commerce Secretary Manuel A. Laboy, lauded the move of the company he described […]
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Dawn Foods completes sale of P.R. distribution center to Able Sales Co.
September 24, 2019
Global bakery manufacturer and ingredients supplier Dawn Foods today announced the sale of its Puerto Rico distribution operation to Able Sales Company, a supplier of sweeteners and ingredients to the food and pharmaceutical industries on the island. The financial terms of the deal were undisclosed. “We’re excited by the synergies created by teaming up with Dawn,” […]
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Industrial sector kicks off manufacturing week at Medtronic in Juncos
September 24, 2019
Medtronic’s facilities in Juncos served as the stage to kick off Manufacturing Week 2019, an annual event organized by the Puerto Rico Manufacturing Extension (PRiMEX) with support from the Puerto Rico Industrial Development Co, and the Puerto Rico Manufacturers Association. The events will take place from Sept. 23 to Oct. 4 under the theme “Developing […]
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Manufacturing sector underscores commitment as P.R.’s economic backbone
September 11, 2019
Members of Puerto Rico’s manufacturing sector, whose contributions to the local economy represent 57% of the Commonwealth’s adjusted gross income, reiterated their commitment to the island, jointly with the government. During a roundtable discussion, several public and private entities — the Department of Economic Development and Commerce, the Puerto Rico Manufacturers Association, Medtronic, Quesos Vaca […]
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Sartorius inaugurates $130M expansion of its Yauco facilities
June 19, 2019
German company Sartorius inaugurated the expansion of its manufacturing facilities in Yauco, following an investment of $130 million, and the creation and retention of 895 jobs. “In mid-2018, we announced an increased commitment by Sartorius to expand the company to double its production, despite the difficult situations that we’re facing in Puerto Rico after the […]
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New head of PRMA wants to ‘insert manufacturing back into gov’t discussion’
June 6, 2019
Although he has been in his new post as president of the Puerto Rico Manufacturers Association for less than a week, Carlos Rodríguez already has a number of goals he wants to accomplish during his tenure. First on the list is re-inserting the manufacturing sector in the government discussion. “There was a time when we […]
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Romark Global Pharma opens $80M manufacturing plant in Manatí
May 9, 2019
Romark Global Pharma, a global biopharmaceutical dedicated to the discovery and development of new drugs to treat infectious diseases and cancer, officially opened its new $80 million manufacturing plant in Manatí. Flanked by Gov. Rosselló administration officials, Romark CEO Marc Ayers said, “with this expansion Romark will manufacture its products Alinia and NT-300, a new […]
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