Mass.-based Haemonetics Corp. announced over the weekend it has entered into a definitive agreement to acquire Pall Corp.’s blood collection, filtration and processing product lines, including its manufacturing facilities in California, Mexico, Italy and a portion of Pall's assets in Fajardo.
Oriental Financial Group Inc.'s conversion into a more traditional bank following the April 2010 acquisition of the defunct EuroBank seems to be going in the right direction, as on Monday the financial institution announced $9.5 million in income for the first quarter ended Mar. 31.
Fifteen companies made the commitment last month to invest $248.3 million in machinery and equipment, and create 1,369 jobs in the next 18 to 36 months, Economic Development and Commerce Secretary José Pérez-Riera said Wednesday.