Puerto Rico sees stronger reshoring, manufacturing gains
Puerto Rico is gaining momentum as a U.S. hub for reshoring and advanced manufacturing, according to Invest Puerto Rico’s (InvestPR) fiscal year 2025 annual report.
The organization reported attracting 504 new businesses, $476 million in committed capital investment and 3,186 new jobs with an average salary of $65,000, nearly twice the island’s average wage.
InvestPR CEO Ella Woger-Nieves said global companies are increasingly choosing Puerto Rico for its manufacturing depth, skilled workforce, U.S. jurisdictional protections and cost advantages.
“Puerto Rico is fast becoming a reliable solution for reshoring,” she said.
Economic Development Secretary Sebastián Negrón-Reichard, who chairs InvestPR’s board, said the island is reestablishing itself as a component of U.S. manufacturing and noted the agency’s work to improve how it measures and communicates economic impact.
Expanding to Puerto Rico
Several firms entered or expanded their presence on the island, including biotechnology company Ceria Therapeutics, automation and artificial intelligence specialists RoviSys and Dot-AI, clean-tech firm SolX and AI-driven firms Topdoerr and iTerra Solutions.
InvestPR’s campaign, “It’s not what’s next, it’s where,” generated more than 470 million impressions and drew international media coverage from The New York Times, BBC, Fast Company and Forbes.
The organization participated in more than 40 industry events and led commercial missions to multiple countries. It received three IEDC Excellence in Economic Development Awards for its marketing work.
The agency plans to increase its focus on bioscience, aerospace, technology and advanced manufacturing while coordinating closely with the Economic Development and Commerce Department. It also plans to refine its marketing and lead generation to match reshoring and supply chain trends.
“Our north is to keep opening doors and strengthening Puerto Rico’s competitiveness,” Woger-Nieves said.
