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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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,” […]
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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