Raine de Puerto Rico, a subsidiary of Indiana-based Raine Inc., has established new operations in Mayagüez, through a $920,000 investment that will create 10 jobs, company and government officials announced.
The manufacturing firm, which moved into facilities owned by the Puerto Rico Industrial Development Co. at the Guanajibo Industrial Park, makes nylon military bags, cases, and other equipment. Its products have been accepted by the U.S. Armed Forces and professionals in other fields.
“At Raine, we’re very satisfied with this new operation in Mayagüez. We found the talent required for this textile manufacturing project and PRIDCO has been instrumental in helping us establish a plant with quality infrastructure, as well as find the professional advisors needed to establish a new business in Puerto Rico,” said John Raine, President of Raine de Puerto Rico.
The building Raine has moved into was vacant for a number of years, said PRIDCO Executive Director Antonio Medina-Comas.
“Raine recognizesPuerto Rico’scapabilitiesand advantages as a manufacturingdestinationofmaterials to beproduced underthe American flag,” Medina-Comas said.
“With its new operation, the company joins other companies that recognize both the skill of our human capital in this field, as well as the benefits of the economic incentives Puerto Rico provides for manufacturing activities and export services,” he further noted.
Raine expects to generate a monthly output of 2,000 to 5,000 units per contract, which will require the creation of additional jobs at the plant. Over the last 27 years, Raine has supplied the military sector through sub-contracts in the United States.