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
visibility5679 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
visibility1600 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
visibility2942 Views
High-ranking Welch’s exec, from P.R., on the lookout for local growth opportunities
November 12, 2018
Puerto Rico is Welch’s top international market, and as such, the family-owned company is constantly on the lookout for initiatives that boost the local economy and foster relationships with business partners.
chat_bubble0 Comment
visibility2322 Views
Primex, Pridco, PRIMA kick off ‘Manufacturing Week’ in Cidra
September 26, 2018
The “Manufacturing Week” celebration will run Sept. 24-Oct. 5.
chat_bubble0 Comment
visibility2561 Views
Stryker Puerto Rico to pump $46M into 5-year expansion of Arroyo plant
September 19, 2018
Medical technology company Stryker Puerto Rico will invest $46 million over the next five years to expand its manufacturing capabilities at its facility in Arroyo.
chat_bubble0 Comment
visibility5719 Views
inverSOL invests $4M in portable solar generator manufacturing plant in Caguas
July 27, 2018
inverSOL, a new company dedicated to the design, production and sale of portable solar generators for the residential market, announced it will invest $4 million in Puerto Rico to establish a new assembly plant featuring a showroom and sales area.
chat_bubble0 Comment
visibility4289 Views
Maximo Solar invests $1.5M in Humacao manufacturing unit
July 27, 2018
Maximo Solar Industries will invest $1.5 million in equipment and infrastructure for the assembly of battery cabinets and solar panels structures at its Humacao manufacturing operation, company CEO Máximo Torres confirmed.
chat_bubble0 Comment
visibility3785 Views
Italian biotech co. Copan will open $13M Aguadilla plant
April 13, 2018
Italian company Copan Industries Inc. — dedicated to biotechnology and health — will establish a new facility in Aguadilla, Puerto Rico with an investment of $13 million and a commitment to create a working platform that will generate up to 100 new jobs.
chat_bubble0 Comment
visibility3484 Views
Mazda, Toyota to build joint $1.6B vehicle assembly plant in Alabama
March 9, 2018
Mazda Motor Corporation and Toyota Motor Corporation have established their new joint-venture company "Mazda Toyota Manufacturing, U.S.A. Inc.,” a $1.6 billion vehicle assembly plant that will produce cars for both brands in Huntsville, Alabama starting in 2021.
chat_bubble0 Comment
visibility2211 Views
PRIMEX supports recovery of local industry, preparation for future disasters
March 1, 2018
In the days following the disaster, companies experienced disruption of operations due to the absence of electricity, loss of human resources, dislocations in the supply chain and total absence of telecommunications.
chat_bubble0 Comment
visibility1889 Views
PRMA: ’18 brings ‘high level of uncertainty,’ ‘important challenges’
January 2, 2018
The new year that began yesterday is already characterized by a high level of uncertainty, largely due to the changes that have occurred and will occur in Puerto Rico’s environment.
chat_bubble0 Comment
visibility2422 Views
Analysis: To have ‘fighting chance,’ P.R. needs to rebuild infrastructure, execute clear strategy
January 2, 2018
Although Puerto Rico appears to have lost its major corporate tax advantage following the approval of the U.S. Tax Reform, if it were to backfire and motivate companies to send jobs overseas and transfer revenues to other countries, Puerto Rico could have a chance to survive the predicted economic onslaught associated with the measure.
chat_bubble0 Comment
visibility1985 Views
Analysis: P.R. will feel economic blow of Federal Tax Cuts and Jobs Act in ’19
December 28, 2017
The recently passed Fedetal Tax Cuts and Jobs Act will have implications for Puerto Rico’s economic that will start to become more noticeable after fiscal year 2019, local research firm Estudios Técnicos Inc. predicted in an analysis released this week.
chat_bubble1 Comment
visibility2411 Views
Private sector backs Rosselló’s call urging Congress to insert PR in U.S. tax reform
November 28, 2017
Representatives from Puerto Rico’s private sector agreed Monday to back Gov. Ricardo Rosselló’s urgent call to Congress to treat the island as a U.S. — not foreign — jurisdiction in the federal tax reform currently being discussed.
chat_bubble0 Comment
visibility2450 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA