Governor Luis Fortuño participated Wednesday in a pair of plant expansion announcements that represent a combined $17.7 million in investments and the addition of more than 200 new jobs in Manatí and Ciales.
Honeywell Aerospace Industries is looking to create a new customer support center at its Aguadilla complex, for which it will invest more than $1.3 million, company officials said Monday.
The Puerto Rico Pharmaceutical Industry Association raised three specific objections to the recently released study evaluating quality results in drug manufacturing plants outside the U.S. mainland, saying, among other things, the findings were “highly questionable.”
Social Security Administration Inspector General Patrick O’Carroll is said to be looking into a case of potential disability fraud in Puerto Rico associated with the recent closing of an undisclosed plant that left 300 jobless, the Wall Street Journal reported.
The Puerto Rico Manufacturers Association rejected the conclusions of a study released this week language and cultural barriers among the employees in companies located in Puerto Rico and their stateside counterparts may be risk factors causing quality problems in local plants.
Drugs produced in U.S.-owned and operated pharmaceutical manufacturing plants in Puerto Rico are more likely to have quality problems than those produced by the same firm in a matched plant on the mainland, a study released Tuesday by Ohio State University's Fisher College of Business.
The Private Sector Coalition is looking to create a multi-sectoral working committee to ask Congress to amend Section 243 of the U.S. Internal Revenue Code, so that corporations established in Puerto Rico can benefit from the same special tax rates given to domestic companies operating stateside.
Eagle Industries is spreading its wings in Lares, with the addition of 300 new jobs through a planned expansion that will result in retaining the same number of workers at its Mayagüez operation, government and company officials said Monday.
Aguadilla — Hewlett Packard’s decision to divest its PC business will not affect the sprawling manufacturing plant it has in this northwestern town, Lucy Crespo, general manager of manufacturing operations said Friday.
For the fifth time this year, McNeil Consumer Healthcare has announced a recall of its consumer products, this time collecting 2.5 million packages of a Tylenol product that may have been produced at its Johnson & Johnson plant in Las Piedras, the Wall Street Journal reported.
Merck & Co.’s reported plans to cut back its workforce by about 13,000 by 2015 will not affect its local operations, Frank Gutiérrez, general manager of Merck Puerto Rico and the Caribbean, said Friday.
Pharmaceutical companies doing business in Puerto Rico will not show any significant growth this year, pressured by upcoming patent expirations and underperforming economic conditions, Irish research firm Research and Markets said in its most recent industry report.
When space shuttle Atlantis took off on its final mission Friday, it was carrying a crew of special tiny passengers that are part of an advanced research and development project that could benefit humans for decades to come.
Coca Cola Puerto Rico Bottlers, in conjunction with the Puerto Rico Industrial Development Company, announced Wednesday the start of operations of a its new rum distillery on the island, Club Caribe.
Precision parts manufacturer C-Axis Puerto Rico Inc. is investing $2.8 million to expand its medical device components line in Caguas, adding 32 jobs in the next 24 months, company officials said Tuesday.
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