The Puerto Rico government's main economic development agency unveiled Thursday the first phase of the Asset Map, created to attract new investment, create jobs and promote economic development in different regions of the island.
Mexican pharmaceutical Neolpharma Group, which began operating in Puerto Rico in 2013, will invest $35 million to expand its Caguas facility, creating 150 new jobs over a 24-month period, company and government officials said.
The Puerto Rico Industrial Development Company announced the start of sessions to inform small and mid-sized businesses getting agency assistance on the availability of special incentives to export and market their goods and services.
The Ponce Health Sciences University, a fully accredited U.S. medical and health sciences university provides the highest quality graduate education programs available in medicine, clinical psychology, biomedical sciences, and public health, announced Tuesday the groundbreaking expansion of a 6,000 sq. ft. state-of-the art neuroscience research facility.
SolarTech Universal, a solar energy company, announced Thursday the development of a state-of-the-art automated manufacturing facility for solar panels in the municipality of San Germán.
The Puerto Rico Aqueduct and Sewer Authority has identified and will be selling three properties in San Juan, Guaynabo and San Juan worth a combined $2.8 million to inject cash into its coffers, agency Executive Director Alberto Lázaro said Tuesday.
Lufthansa Technik Puerto Rico announced Monday that seven local suppliers have been contracted initially to serve several critical needs of the company’s maintenance, repair and overhaul project in Aguadilla.
Puerto Rican company Sabrina Bottling Group is expanding its operations in Luquillo to increase its production of handmade sangria on an industrial scale, company officials, accompanied by Puerto Rico Industrial Development Company representatives, announced Thursday.
The Commonwealth of Puerto Rico ranked ninth on the list of best destinations to invest in Latin America and the Caribbean, according to a publication by Site Selection magazine.
Global biopharmaceutical company AbbVie announced Wednesday the expansion of its Barceloneta plant, at a cost of $30 million, to add to Puerto Rico’s capabilities as a manufacturing destination for biotechnology.
Some 209 companies, mostly local small and medium businesses that took part in a meeting with Lufthansa Technik Puerto Rico late last year, have identified opportunities with the firm and its project in Aguadilla, the government announced Tuesday.
Investment magnate Nicholas Prouty, founder and CEO of Putnam Bridge, will deliver the official welcome message during the opening event of the 2015 Site Selectors Guild Annual Conference on Feb. 24 in San Juan, the Puerto Rico Industrial Development Company and the Site Selectors Guild announced Tuesday.
In its quest to assist entrepreneurs parlay their ideas into successful businesses, Grupo Guayacán has teamed up with the Georgia Institute of Technology for “I-Corps Puerto Rico,” a program offering mentorship and training over the next five weekends.
Raine de Puerto Rico, a subsidiary of Indiana-based Raine Inc., has established new operations in Mayagüez, through a $920,000 investment that will create 10 jobs, company and government officials announced.
Puerto Rico’s information technology industry generated nearly 3,000 jobs this year, split among 55 of the largest companies doing business on the island.
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