Putney Capital Management, LLC announced Tuesday the acquisition of one of the main terminals for the reception, storage and distribution of cement in Puerto Rico, for $34 million.
Puerto Rico’s economic activity index reflected yet another drop in August, when results were down 1.1 percent when compared to the same month last year, according to data released late Friday by the Government Development Bank.
Following what can only be called an attempt to avoid the unavoidable, the Government Development Bank finally posted the Economic Activity Index — with weeks of delay — for the months of September and October, revealing results that keep Puerto Rico in negative territory for the 11th consecutive month.