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.
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.
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.