Puerto Rico’s manufacturing sector shows growth in December ’20
February 2, 2021
The Puerto Rico Manufacturing-Purchasing Managers Index showed an increase to 51.8 in December, surpassing the threshold level of 50 and suggesting an expansion in the manufacturing sector with respect to the previous month. The manufacturing sector has shown sustained improvement for the past few months, after experiencing one of the most significant drops due to […]
chat_bubble0 Comment
visibility1964 Views
PepsiCo Puerto Rico exploring exporting locally-made products to So. Florida market
December 16, 2020
PepsiCo, which has been manufacturing popular snacks — Doritos, Tostitos and Cheetos — out of its Barceloneta plant since 1982, is evaluating expanding its reach into South Florida, by exporting its “Mofongo Mix” product line into a market with a solid Puerto Rican presence. In an interview with this media outlet, company General Manager Alejandro […]
chat_bubble0 Comment
visibility5393 Views
Viatris to shutter its Mylan manufacturing plant in Caguas
December 14, 2020
Viatris Inc. — the new company product of the merger between Mylan and Pfizer’s Upjohn manufacturing operations — announced the closure of its plant in Caguas that will happen in phases through December 2022. Some 600 employees will be affected by the corporate decision to eliminate the solid dose manufacturing facility that still carries the Mylan […]
chat_bubble0 Comment
visibility5650 Views
Pall Life Sciences invests $4.5M in electric and thermal energy cogeneration system
October 26, 2020
Pall Life Sciences Puerto Rico LLC, a subsidiary of Danaher Corporation, announced a $4.5 million investment in a new electric and thermal energy cogeneration system at its plant in Fajardo, which has been in operation for 45 years. “Pall Life Sciences Puerto Rico LLC, reaffirms its commitment to invest in the island with a system […]
chat_bubble0 Comment
visibility2375 Views
PRiMEX unveils new programs to support manufacturing co.’s through crises
September 15, 2020
Puerto Rico Manufacturing Extension Inc. (PRiMEX), announced new programs that seek to support small and medium-sized manufacturing companies on the island in response to the recent earthquakes in the south west zone, the COVID 19 pandemic, as well as rural areas in the south central area of the island, with special attention to the agro-industrial […]
chat_bubble0 Comment
visibility1614 Views
Haemonetics to sell Fajardo manufacturing operations to GVS, S.p.A
June 4, 2020
Medical technology company Haemonetics Corp. announced that it has entered into a definitive agreement to sell its Fajardo manufacturing operations to GVS, S.p.A, a provider of advanced filtration solutions for critical applications. Under the terms of the agreement, upon closing, Haemonetics will retain all intellectual property rights to its proprietary blood filters currently manufactured at […]
chat_bubble0 Comment
visibility3145 Views
Puerto Rico’s healthcare sector ‘most exposed’ to coronavirus crisis
April 23, 2020
The Coronavirus pandemic will cause people to rethink existing values and will impact economic models going forward, a group of local and international experts gathered by Invest Puerto Rico during a virtual webinar concluded. In Puerto Rico, where the economy has been limping along for the better part of the last 12 years, the already […]
chat_bubble0 Comment
visibility1982 Views
Alliance launches campaign to bring manufacturing back to U.S. soil
April 7, 2020
Stressing that the COVID-10 pandemic has put the spotlight on the importance of the manufacture of medicines, products and medical devices to guarantee the health of citizens, the Alliance for the Economic Development of Puerto Rico launched a campaign to support the return of pharmaceutical and health-related products to the United States. The private sector […]
chat_bubble0 Comment
visibility1898 Views
P.R. manufacturing PMI dropped to 43.2 in Nov. ’19
January 3, 2020
Puerto Rico’s Purchasing Managers Index for the island’s manufacturing sector decreased to 43.2 in November and remained below the threshold level for the eighth consecutive month. A reading below the threshold level suggests a contraction in the manufacturing sector with respect to the previous month. The report shows that four out of five of the […]
chat_bubble0 Comment
visibility1227 Views
P.R. manufacturing Purchasing Managers Index rose to 46.0 in August
October 2, 2019
The Purchasing Managers Index (PMI) for Puerto Rico’s manufacturing sector edged up to 46.0 in August but remained below the threshold level for the fifth consecutive month. A reading below the threshold level suggests a contraction in the manufacturing sector with respect to the previous month. The index has been at or above the threshold […]
chat_bubble0 Comment
visibility1428 Views
Industrial sector kicks off manufacturing week at Medtronic in Juncos
September 24, 2019
Medtronic’s facilities in Juncos served as the stage to kick off Manufacturing Week 2019, an annual event organized by the Puerto Rico Manufacturing Extension (PRiMEX) with support from the Puerto Rico Industrial Development Co, and the Puerto Rico Manufacturers Association. The events will take place from Sept. 23 to Oct. 4 under the theme “Developing […]
chat_bubble0 Comment
visibility2154 Views
New head of PRMA wants to ‘insert manufacturing back into gov’t discussion’
June 6, 2019
Although he has been in his new post as president of the Puerto Rico Manufacturers Association for less than a week, Carlos Rodríguez already has a number of goals he wants to accomplish during his tenure. First on the list is re-inserting the manufacturing sector in the government discussion. “There was a time when we […]
chat_bubble0 Comment
visibility1309 Views
Aluminios de P.R. resumes operations in Humacao after $4M investment
May 1, 2019
Aluminios de Puerto Rico announced the re-start of its manufacturing plant operations at the Industrial Park in Humacao. The company invested $4 million, which will generate 115 jobs in five years. “We celebrate the reopening of Aluminios of Puerto Rico’s aluminum plant in Humacao, which will result in economic benefits for many families and for […]
chat_bubble0 Comment
visibility4835 Views
Gov’t touts P.R. Manufacturing Index jump to 53.2 in October
December 4, 2018
A reading above the threshold level suggests an expansion in the manufacturing sector with respect to the previous month, according to the PMI data.
chat_bubble0 Comment
visibility1327 Views
Walmart PR reaches commercial agreements with 91 local suppliers
November 29, 2018
The deals are the result of the Puerto Rico Open Call initiative, held earlier this year, in which commercial agreements were signed to sell new locally harvested or manufactured products in Walmart stores.
chat_bubble0 Comment
visibility2606 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA