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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Hera Printing Corp. acquires Oles Envelopes & Forms for undisclosed amount
May 8, 2019
Hera Printing Corp. announced the acquisition of Oles Envelopes & Forms, for an undisclosed amount. The combined company will be known as Hera Envelopes & Forms and will keep its facilities in Bayamón. Oles Envelopes & Forms has more than 40 years established in Puerto Rico and specializes in converting envelopes and continuous forms, becoming […]
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Aluminios de P.R. resumes operations in Humacao after $4M investment
May 1, 2019
Aluminios de Puerto Rico announced the re-start of its manufacturing plant operations at the Industrial Park in Humacao. The company invested $4 million, which will generate 115 jobs in five years. “We celebrate the reopening of Aluminios of Puerto Rico’s aluminum plant in Humacao, which will result in economic benefits for many families and for […]
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Vaquería Tres Monjitas invests $7.5M to produce world’s 1st long-lasting fresh milk
April 17, 2019
Dairy plant Vaquería Tres Monjitas announced a $7.5 million investment in its operations to launch a new fresh milk product that will have a shelf life of more than 30 days. In doing so, it will become the first dairy producer in the world to use cutting-edge technology to extend the life of a highly-perishable […]
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Military equipment maker in Guánica investing $25M in 2-year expansion
February 20, 2019
Point Blank Protective Apparel & Uniforms, LLC in the southwestern town of Guánica, will invest more than $25 million over the next two years to expand its operations, the company announced. The company’s expansion and investment also entails creating 550 permanent jobs and retaining 550 workers for a total of 1,110 jobs, over a three-year […]
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Ponce’s Destilería Serrallés unveils $22M expansion to boost rum exports
February 14, 2019
Ponce, PR — Destilería Serrallés, a century-old manufacturer of premium rums, unveiled a new $22 million addition to its complex in this southern town to expand its participation in export markets through more of its current lineup of spirits and new products. The new investment includes a new $4 million bottling line and a significant […]
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6 P.R. co.’s selected as food and beverage incubators
December 14, 2018
The participants will now receive technical support and mentoring in food and beverage production.
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Pratt & Whitney inaugurates renovated $14M aerospace engineering center in P.R.
December 11, 2018
Pratt & Whitney Puerto Rico Inc., formerly Infotech Aerospace Services Inc. (IAS), is an aerospace engineering center.
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SBA collaborative efforts result in $726K federal contract to Rovira Foods Inc.
November 27, 2018
This success story is the result of joint efforts after SBA and PRiMEX entered a Strategic Alliance Memorandum.
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Nelipak Puerto Rico expands operations in Humacao
November 20, 2018
The expansion at the Humacao Industrial Park, covers an area of 67,250 square feet.
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Puerto Rican bread maker Pan Pepín unveils new $40M facilities
November 14, 2018
The expansion includes the construction of “a new and modern bread making plant and the installation of the most modern production line in the Caribbean."
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High-ranking Welch’s exec, from P.R., on the lookout for local growth opportunities
November 12, 2018
Puerto Rico is Welch’s top international market, and as such, the family-owned company is constantly on the lookout for initiatives that boost the local economy and foster relationships with business partners.
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