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.
Buoyed by a reduction in the island’s corporate tax rate and the sale of its equity stake in Consorcio de Tarjetas Dominicanas, S.A., Popular Inc. on Monday reported net income of $10.1 million for the first quarter ended March 31, an improvement over the net loss of $85.1 million during the same period the year before.
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