Comar Inc. sells majority stake to investment firm
November 4, 2013
Private investment firm Graham Partners has acquired a majority stake in Comar Inc., a manufacturer of packaging solutions and liquid dispensing products for the pharmaceutical, diagnostic, health, and personal care markets with plants in New Jersey and Cayey, where it employs 50.
chat_bubble0 Comment
visibility5205 Views
Glaxo exec Connelly talks of need to transform pharmas
November 1, 2013
It was five years ago that manufacturing giant GlaxoSmithKline North America Pharmaceuticals took a step back to assess the way it was doing business.
chat_bubble0 Comment
visibility4536 Views
INTERPHEX Puerto Rico to feature education, training
September 24, 2013
INTERPHEX Puerto Rico, together with Medical Device Puerto Rico and Buildings & Facilities Puerto Rico 2013, will present a robust educational program featuring industry experts who have led innovative global initiatives in areas such as sustainability and security to reduce manufacturing costs, optimize the supply chain, and maximize human resources. The event will take place Oct. 10-11 at the Puerto Rico Convention Center.
chat_bubble0 Comment
visibility2537 Views
Spotlight on Puerto Rico’s bioscience industry this week
September 17, 2013
Puerto Rico’s biosciences sector, which accounts for about 28 percent of the island’s gross domestic product and generates more than 100,000 direct and indirect jobs, will look for ways to transform its future during its 10th annual “Biosciences Week” event this week.
chat_bubble0 Comment
visibility3064 Views
Puerto Rico gov’t, companies to buy goods from Corp. of Industries for the Blind
June 27, 2013
Puerto Rico government agencies and big companies from the private sector are rallying to help people with disabilities through a two-fold initiative backed by the Family Department.
chat_bubble0 Comment
visibility4494 Views
ONEVO looks to set up in Puerto Rico, create 4,800 jobs
June 10, 2013
ONEVO LLC, a Miami-based manufacturer of insulated panels for concrete walls-floors-roofs and housing systems, is looking to open “one or more” plants in Puerto Rico that could potentially create 4,800 direct and indirect jobs.
chat_bubble0 Comment
visibility3329 Views
Announced manufacturing advisory council already existed
June 3, 2013
New governor, same announcement. During the Puerto Rico Manufacturers Association’s annual convention this weekend, Gov. Alejandro García-Padilla signed an executive creating a manufacturing advisory council that resembles one endorsed in 2011 by his predecessor, former Gov. Luis Fortuño.
chat_bubble0 Comment
visibility3471 Views
Pridco marks 71 years of manufacturing history
May 31, 2013
The Puerto Rico Industrial Development Co. marked Thursday its 71st anniversary with an event coordinated by agency employees and dedicated to its first Executive Director, Teodoro Moscoso.
chat_bubble0 Comment
visibility3795 Views
D.C.-area Hispanic group honors Dominican diplomat
November 20, 2012
WASHINGTON — Veteran Dominican diplomat Roberto B. Saladín, an early champion of the “twin plant” program that for years linked the Dominican Republic and Puerto Rico economically, accepted a public service award Friday night from the Greater Washington Hispanic Chamber of Commerce.
chat_bubble0 Comment
visibility3471 Views
Biopharma sector proposes solutions to its challenges
November 16, 2012
The biopharmaceutical industry is a major driver of Puerto Rico’s social and economic development, not just for the 86,000 direct and indirect jobs its creates, but for the multiplier effects it has upon other sectors.
chat_bubble3 Comments
visibility3603 Views
Lilly denies Guayama plant closing, launches retirement window
November 14, 2012
Shooting down reports circulated Tuesday saying it planned to close its Guayama operation, pharmaceutical company Lilly del Caribe announced and launched a voluntary severance program for eligible employees working at the site.
chat_bubble0 Comment
visibility4490 Views
Edwards Lifesciences marks 40 years in Puerto Rico with $34M expansion
October 31, 2012
Medical device manufacturer Edwards Lifesciences will be investing $34 million to expand its Añasco facility, creating 263 jobs and retaining 52 existing ones, company and government officials said Tuesday.
chat_bubble0 Comment
visibility5888 Views
Castillo steering HP Puerto Rico’s revenue into the billions
October 29, 2012
Tech giant Hewlett-Packard — like many other multinational companies — has experienced its share of fierce competition that, coupled with a suffering economy, has elicited massive lay-offs and a significant restructuring in recent years.
chat_bubble0 Comment
visibility4653 Views
PMI jumps to 59.0 in May suggesting manufacturing growth
July 2, 2012
The Purchasing Managers Index (PMI) for Puerto Rico’s manufacturing sector rose to 59.0 in May, remaining above the threshold value of 50 for the ninth consecutive month, suggesting an expansion in the manufacturing.
chat_bubble0 Comment
visibility3776 Views
P.R. lays out investment benefits to Venezuelan business community
June 22, 2012
In an effort to boost awareness about investment opportunities in Puerto Rico, the Economic Development and Commerce Department and the Venezuelan Association of Entrepreneurs, Executives and Professionals presented before a large group of Venezuelan executives the “Puerto Rico: Investment Opportunities” seminar, focusing on the manufacturing and banking sectors as those with the greatest economic potential.
chat_bubble0 Comment
visibility3104 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA