Caribbean Can Manufacturing Company, LLC, a new $60 million one-of-a-kind aluminum can manufacturing plant based in Cidra was officially inaugurated today, marking the the birth of a new local industry, company officials said.
The Purchasing Managers Index (PMI) for Puerto Rico’s manufacturing sector increased to 53.1 in November, remaining above the threshold level for the fourth consecutive month on a non-seasonally adjusted (NSA) basis, according to the report released Thursday.
Challenger Brass and Copper Inc., a Toa Baja company dedicated to the commercialization and distribution of copper, brass, bronze, stainless steels and aluminum, announced Monday plans to invest $1 million on equipment and machinery to establish a copper parts manufacturing line.