Caribbean Can Manufacturing Company, LLC, a new $60 million one-of-a-kind aluminum can manufacturing plant based in Cidra was officially inaugurated today, marking the the birth of a new local industry, company officials said.
The Purchasing Managers Index (PMI) for Puerto Rico’s manufacturing sector increased to 53.1 in November, remaining above the threshold level for the fourth consecutive month on a non-seasonally adjusted (NSA) basis, according to the report released Thursday.
Challenger Brass and Copper Inc., a Toa Baja company dedicated to the commercialization and distribution of copper, brass, bronze, stainless steels and aluminum, announced Monday plans to invest $1 million on equipment and machinery to establish a copper parts manufacturing line.
Puerto Rico government officials confirmed Tuesday the García-Padilla administration is working on a proposal to persuade aerospace giant Boeing to build its new 777X aircraft on the island, which could create thousands of jobs and billions of dollars in much-needed economic activity.
Five companies doing business on the island — and a newcomer that will open soon — have confirmed plans to expand their operations in Puerto Rico, creating 545 jobs through combined investments of more than $51.3 million, Gov. Alejandro García-Padilla said Monday.
Private investment firm Graham Partners has acquired a majority stake in Comar Inc., a manufacturer of packaging solutions and liquid dispensing products for the pharmaceutical, diagnostic, health, and personal care markets with plants in New Jersey and Cayey, where it employs 50.
It was five years ago that manufacturing giant GlaxoSmithKline North America Pharmaceuticals took a step back to assess the way it was doing business.
INTERPHEX Puerto Rico, together with Medical Device Puerto Rico and Buildings & Facilities Puerto Rico 2013, will present a robust educational program featuring industry experts who have led innovative global initiatives in areas such as sustainability and security to reduce manufacturing costs, optimize the supply chain, and maximize human resources. The event will take place Oct. 10-11 at the Puerto Rico Convention Center.
Puerto Rico’s biosciences sector, which accounts for about 28 percent of the island’s gross domestic product and generates more than 100,000 direct and indirect jobs, will look for ways to transform its future during its 10th annual “Biosciences Week” event this week.
Puerto Rico government agencies and big companies from the private sector are rallying to help people with disabilities through a two-fold initiative backed by the Family Department.
ONEVO LLC, a Miami-based manufacturer of insulated panels for concrete walls-floors-roofs and housing systems, is looking to open “one or more” plants in Puerto Rico that could potentially create 4,800 direct and indirect jobs.
Nuevo gobernador, mismo anuncio. Durante la convención anual de la Asociación de Fabricantes de Puerto Rico celebrada este fin de semana, el gobernador Alejandro García-Padilla firmó un decreto ejecutivo por el que se crea un consejo asesor de fabricación similar al que aprobó en 2011 su predecesor, el exgobernador Luis Fortuño.
The Puerto Rico Industrial Development Co. marked Thursday its 71st anniversary with an event coordinated by agency employees and dedicated to its first Executive Director, Teodoro Moscoso.
WASHINGTON — Veteran Dominican diplomat Roberto B. Saladín, an early champion of the “twin plant” program that for years linked the Dominican Republic and Puerto Rico economically, accepted a public service award Friday night from the Greater Washington Hispanic Chamber of Commerce.
The biopharmaceutical industry is a major driver of Puerto Rico’s social and economic development, not just for the 86,000 direct and indirect jobs its creates, but for the multiplier effects it has upon other sectors.
NIMB EN LAS REDES SOCIALES