Mycogen Seeds Puerto Rico Corporation, a wholly owned subsidiary of The Dow Chemical Company and an affiliated company of Dow AgroSciences, opened its new $60 million seed research and development facility in Salinas on Wednesday.
Industrias Alimenticias Alto de San Juan, owned by two Venezuelan companies, announced Monday plans to manufacture its products in Puerto Rico.
Raine de Puerto Rico, a subsidiary of Indiana-based Raine Inc., has established new operations in Mayagüez, through a $920,000 investment that will create 10 jobs, company and government officials announced.
Minneapolis-based Medtronic Inc. announced Tuesday that its shareholders approved the proposed $43 billion merger with chief rival Covidien, announced last June.
NEW YORK — A panel of experts comprising analysts, economists and financial advisors gathered in Manhattan on Friday to analyze Puerto Rico’s current fiscal conditions and offer suggestions for turning the ship around in 2015, many of which require tough decisions.
Honeywell Aerospace executives joined Puerto Rico government officials to break ground Tuesday on the construction of a new research and development laboratory that the company will operate in the northern municipality of Moca.
Puerto Rican manufacturer Bettina Cosmetics announced a $2 million investment in improvements, machinery and equipment as part of its agreement with the Puerto Rico Industrial Development Company to move into new facilities in Dorado.
Eli Lilly and Company announced Thursday plans to conclude production and pursue a sale of one of its Guayama plant, one of three operations it has in Puerto Rico. The site will remain in production until the end of 2015, company officials said.
Gov. Alejandro García-Padilla stressed Tuesday the importance of the development of the aircraft maintenance, repair and reconditioning center by Lufthansa Technick in Aguadilla as the “axis of a new industry that will consolidate the ongoing diversification of the island’s economy.”
Puerto Rican oil recycling company, Olein Recovery Corp., announced Tuesday expansion plans that call for a $2 million modernization of its laboratory and production lines, which will add 50 new jobs.
Medical device maker Medtronic Puerto Rico Operations Co. is marking a milestone — 40 years of presence on the island — with a strong track record and expectations for maintaining its status as a “hub” of innovation for the global giant.
The International Pharmaceutical Expo’s Life Sciences Innovation Week — an event sponsored annually by the Parenteral Drug Association, focusing on showcasing pharmaceutical and biopharmaceutical innovation, technology and knowledge — is slated to take place Oct. 16-18, 2014 in San Juan, organizers announced Tuesday.
UTC Aerospace Systems announced Tuesday, in tandem with the government that it has created more than 200 jobs in recent months in its affiliates in Puerto Rico, where it plans to invest an additional $9M in its Santa Isabel operations to meet increased demand for its products.
Pharmaceutical company Actavis is investing $48 million to expand operations in Manatí, where it will develop a solid dosage manufacturing and packing facility, and expand its current hormone production in Fajardo, Gov. Alejandro García-Padilla announced Wednesday.
The Commonwealth of Puerto Rico and medical technologies provider Hill-Rom announced Wednesday a multimillion-dollar investment to improve and expand the company’s medical device manufacturing operations on the island.
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