In the midst of the worst drought the U.S. mainland has witnessed in more than 50 years, which has significantly increased food prices worldwide, the Agriculture Department has earmarked $3.7 million to help Puerto Rico farmers address higher feed and production costs, agency Secretary Neftalí Soto said Thursday.
In 2011, Peter Paul Electric Inc. in Fajardo got a generous offer from the state of Connecticut to consolidate its Puerto Rico operation with that of its parent company’s in New Britain.
The Puerto Rico Industrial Development Company announced Tuesday it has earmarked $10 million to create an incentive program for solar energy projects designed to lower energy costs for manufacturing companies leasing the agency’s buildings.