Shoe Carnival adds 3 new stores to Puerto Rico footprint
November 6, 2013
A little less than 18 months after entering the local market footwear retailer Shoe Carnival is keeping its momentum going with the addition of three new stores this month, and plans to open at least five more in the next two years, Todd Beurman, senior vice president of marketing, said Tuesday.
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MAACO to open 15 more centers in Puerto Rico
October 11, 2013
MAACO, part of the Driven Brands family of automotive companies, celebrated Thursday the one-year anniversary of its Collision Repair & Auto Painting center in Carolina, one of three centers in Puerto Rico.
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NeoMed Center pumps $5.5M to expand facilities
September 16, 2013
NeoMed Center, a nonprofit corporation that operates several 330 primary health centers, is expanding its facilities in Gurabo through an investment of $4.9 million from federal funds.
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Point Guard Insurance opens Carolina service center
August 20, 2013
Compulsory insurance provider Point Guard Insurance, which broke into the market two years ago to break the existing monopoly at the time, recently opened a new customer service center in Carolina and remodeled and expanded its Ponce center.
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PetSmart adds 2 new stores in Puerto Rico
July 30, 2013
Pet goods retailer PetSmart announced Monday the upcoming openings of two new stores in Puerto Rico, to be located in Plaza Fajardo and Rexville Town Center in Bayamón. While the first store is slated to open Aug. 5, the latter will begin serving pets, and their owners, in September.
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Moneyhouse after ‘underserved’ U.S. Hispanic population
July 22, 2013
Moneyhouse, a Puerto Rico-based private equity lender and frontrunner in reverse mortgage closings, is awaiting approval for licenses to operate in California and Illinois to continue its stateside expansion, company officials said.
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Parador Combate Beach inaugurates $500K expansion
July 10, 2013
The Parador Combate Beach Resort in Cabo Rojo inaugurated Tuesday a $500,000 expansion that adds 17 new rooms to the property located in Puerto Rico’s western flank, owned by XJTT Hospitality.
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Bristol-Myers breaks ground on $200M Humacao expansion
June 14, 2013
Bristol-Myers Squibb Company today broke ground on a $200 million expansion of its facility in Humacao to add manufacturing capacity that will prepare the plant for the production of additional medicines. The project is expected to create 100 full-time jobs at the facility over time.
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St. Jude invests $3.2M to expand Arecibo production
June 5, 2013
Medical device manufacturer St. Jude Medical confirmed plans to expand its Arecibo operations through a $3.2 million to add a new production line that will create 150 new jobs starting in January 2014.
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Macy’s to open 2nd Puerto Rico store in Ponce
May 31, 2013
Twelve years after making its local debut, retailer Macy’s Inc. announced Friday plans to open a new store in Ponce, in the fall of 2015. The two-level, 150,000 square-foot store will be located in Plaza del Caribe, owned by Empresas Fonalledas.
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Guayacán prepares Puerto Rico companies to expand
May 31, 2013
The Guayacán Venture Accelerator will select 10 local companies next month to participate in advanced executive education and feedback from local and international investors to support their expansion within and outside of Puerto Rico. The GVA program is run by Grupo Guayacán Inc., a nonprofit Puerto Rican venture capital fund manager.
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AT&T expands 4G LTE coverage in Puerto Rico
May 23, 2013
As part of its continuing network investment and ongoing 4G LTE rollout, AT&T has activated two new 4G LTE cell sites and upgraded seven existing sites with LTE to expand AT&T 4G LTE coverage for Puerto Rico residents and businesses.
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AT&T expands 4G network in Puerto Rico
May 21, 2013
AT&T de Puerto Rico announced Monday it has activated six new 4G mobile Internet cell sites in five towns to boost coverage for area residents and businesses and provide speeds up to four times faster than 3G.
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Puerto Rico natural products chain Vita Natura expanding
May 15, 2013
Puerto Rican natural product company Vita Natura announced Tuesday an expansion plan that includes opening three new stores in Puerto Rico and two in stateside later this year.
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Open Mobile completes 3rd phase of network expansion
May 8, 2013
Wireless provider Open Mobile has completed the third phase of its 4G LTE network expansion project, at a cost of $100 million, to offer faster mobile broadband speeds and additional services, company officials announced Tuesday.
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