Hamilton Sundstrand’s electronics operation in Santa Isabel has been chosen by Bombardier Aerospace as one of this year’s eight recipients of its recently established Bombardier Achieving Supplier Excellence, or BASE, recognition award, it was announced Wednesday.
The Puerto Rico Industrial Development Co. has promoted a total of 45 industries during the first nine months of the current fiscal year, keeping up with the pace it showed during the same period last year, the agency’s most recent data shows.
A delegation of 14 local companies organized by Puerto Rico Trade to participate in the international Expocomer 2011 fair held in Panama late last month generated nearly $5 million in immediate and future sales in the areas of technology, food, construction and renewable energy, the agency announced Monday.
Nearly two years after running into problems with the U.S. Food & Drug Administration over compliance issues at its Juncos plant, Medtronic has successfully resolved the issues mentioned in the warning letter.
Ireland-based specialty pharmaceutical company Warner Chilcott on Monday announced plans to restructure its European operations and finalize the conversion of its Manatí plant into a warehouse, supposing the elimination of 87 jobs effective mid-May.
Two major manufacturing plants employing more than 2,000 people on the island paid a combined $20 million to the government of Puerto Rico during the first quarter, related to the recently effected 4 percent excise tax on foreign corporations.
Venezuelan machine parts manufacturer Industrias GoldPack Inc. has set up shop in Puerto Rico through a $1.2 million investment to establish an operation in a leased building in the eastern town of Yabucoa, company and government officials announced Tuesday.
The U.S. Food and Drug Administration and the U.S. Department of Justice filed consent decree of permanent injunction against Johnson & Johnson subsidiary McNeil-PPC, banning the company from manufacturing and distributing drugs from its Fort Washington, Pa., facility until the FDA determines that its operations are compliant with the law. The decree also requires McNeil […]
The Dominican Republic’s powerful Grupo Corripio this week inaugurated a new $20 million Gatorade bottling plant that will supply the beverage to the rest of the Caribbean, including Puerto Rico. The new operation is the result of an agreement between Grupo Corripio and PepsiAmericas, which for the past five years had produced its Gatorade energy […]
A little over a month after the U.S. District Court in San Juan ordered Pfizer to pay $1.5 million in damages to a Puerto Rico pharmacist who developed breast cancer after taking menopause medication Prempro, the pharmaceutical is allegedly ready to pay some $330 million to settle similar lawsuits it has pending. The world’s largest […]
Puerto Rico Statistics Institute Executive Director Mario Marazzi Given the pressing need for independent, reliable and periodic statistics about the economy and business conditions of the island’s industrial sector, the Puerto Rico Manufacturers Association’s Industrial Competitiveness Institute and the Puerto Rico Statistics Institute have paired up to begin publishing the Puerto Rico Manufacturing – Purchasing […]
The operations of yet another local pharmaceutical company are in the Food & Drug Administration’s cross-hairs, receiving a warning letter from the agency over violations to good manufacturing practice requirements, the Wall Street Journal reported Thursday. As of late afternoon, the FDA had yet to post copies of the warning letter it sent to Baxter […]
Stateside pharmaceutical industry analysts placed their bets this week on whether Johnson & Johnson officials will decide to temporarily shut down the McNeil production plant in Las Piedras to correct manufacturing problems that have led to a string of major recalls in the last year.
Nearly 15 days after Law 154 — imposing an excise tax on sales by local subsidiaries to their foreign parent companies — went into effect, members of the Puerto Rico Manufacturers Association got a chance Friday state for the Legislative record their opposition to the measure.
For the second time in the last four months, pharmaceutical Bristol-Myers Squibb is announcing a major recall of its Avalide blood pressure tablets distributed on the U.S. mainland and Puerto Rico. On Thursday, the company announced it will be collecting 64 million tablets due to the potential for reduced effectiveness, Reuters reported. The medication was […]
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