Doral expands ATM network, adds jobs
February 1, 2012
Doral Bank announced Wednesday plans to increase its ATM network by more than 100 percent with the addition of 55 new machines at Walgreens drugstores islandwide. The expansion should push the number of ATMs to about 200, company officials said during a morning news conference.
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AT&T expands 4G LTE to 6 western towns
December 21, 2011
AT&T announced Wednesday its ongoing expansion of its 4G LTE network on the island, rolling it out to parts of Aguada, Aguadilla, Añasco, Mayaguez, Rincon, Moca and Hormigueros. The added areas comes a month after AT&T introduced 4G LTE in parts of the San Juan metropolitan area on Nov. 20.
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ICPR Junior College keeps an eye on evolution as it marks 65th anniversary
December 7, 2011
The longevity of any educational institution mostly depends on its capacity to keep up with the times and job market changes. Meeting these two criteria seems to be the secret to ICPR Junior College’s latest milestone — marking its 65th anniversary since its founding in Hato Rey.
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T.J.MAXX marks 1st year in P.R. by opening 3 new stores
November 9, 2011
Off-price retailer T.J.Maxx is marking its first anniversary of operations in Puerto Rico with the opening of three new stores in Carolina, Ponce and Caguas, on Nov. 10.
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Burlington expanding local footprint in response to strong consumer demand
November 3, 2011
In the wake of the success it has had since its arrival to the Puerto Rico market, retailer New Jersey-based Burlington is moving forward with expansion plans for 2012, with the opening of at least two new stores, high-ranking company officials confirmed Wednesday during a meeting with members of the local media.
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Ponce college injects $20M to upgrade facilities, expand curriculum
October 28, 2011
The Pontifical Catholic University in Ponce has invested some $20 million over the past two years in its facilities, human resources and to strengthen its research programs to enrich its academic offer, school officials said Thursday.
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T-Mobile expanding islandwide 4G coverage, adding capacity in 22 towns
October 27, 2011
Less than a year after unveiling the island’s first network capable of offering 4G speeds, T-Mobile announced Wednesday plans to expand the high-speed service in more than 40 municipalities that include the areas of Naranjito, Juana Díaz, Luquillo, Las Marías, Toa Alta, Florida, Lares, and Canóvanas.
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$25M Walmart Supercenter planned for Toa Baja
October 19, 2011
Walmart Puerto Rico is pushing forward with its expansion plans on the island, revealing plans to build a Supercenter in Toa Baja entailing a $25 million investment.
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DDR pumping $50M to redevelop 4 island malls
October 17, 2011
DDR Corp. announced Monday plans to redevelop four shopping centers in Puerto Rico – Plaza del Sol and Rexville Plaza in Bayamon, Plaza del Norte in Hatillo and Plaza Escorial in Carolina, at a cost of $50 million.
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Medtronic pumping $50M into Juncos complex, adding 200 jobs in 3 years
September 30, 2011
Medical device maker Medtronic will be pumping $50 million into expanding its Juncos operation in the next three years, adding some 200 jobs in the process, company and government officials announced Friday.
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Honeywell investing $1.3M in Aguadilla operation
September 26, 2011
Honeywell Aerospace Industries is looking to create a new customer support center at its Aguadilla complex, for which it will invest more than $1.3 million, company officials said Monday.
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The DRS Group buys Pro Image Corp., seeks to break into 3 more markets
July 18, 2011
Document scanning, imaging and conversion company The DRS Group recently expanded its footprint into Puerto Rico, with the acquisition of Pro Image Corporation, for an undisclosed amount.
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Sony Puerto Rico franchising retail concept, looks to open 3 new stores in ’12
July 11, 2011
Sony Puerto Rico is looking to expand its local footprint, and generate opportunities for island entrepreneurs in the process, by franchising its Sony Style retail operation to open three new stores starting late 2012, News is my Business has learned.
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Polytechnic U breaks ground on $10M expansion, renovation project
June 1, 2011
Hato Rey’s Polytechnic University of Puerto Rico broke ground Tuesday on a $10 million renovation and expansion project for its main campus that will result in an improved multipurpose building and the addition of a new pedestrian access, school officials said.
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Advent-Morro pumps $5M into La Familia pawnshop chain
May 24, 2011
Private equity firm Advent-Morro announced Tuesday it is investing $5 million in pawnshop chain La Familia to support its expansion plans in Florida and Puerto Rico.
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