Calling it its “manifesto on the economy,” the Puerto Rico Manufacturers Association unveiled Thursday a series of initiatives needed to regain the ability to expand the island’s economy and create jobs.

German medical device maker Sartorius Stedim Biotech announced plans for a $20 million expansion at its industrial complex in Yauco, which will add 87 new jobs and a new filtration systems manufacturing line to its operation.

Puerto Rico’s future success and prosperity depends on its ability to continue innovating to remain competitive and relevant, figure out a way to retain its strong talent pool and refrain from falling into the category of not being “business friendly,” said Michael Mussallem, CEO of Edwards Lifesciences to a standing-room-only group of executives Thursday.