CooperVision, a company dedicated to making contact lenses, announced a $150 million investment to expand its Juana Díaz manufacturing plant and create 225 new jobs, company and government officials said. The project also entails the certification of 285 current employees in new highly automated technology, Department of Economic Development and Commerce Secretary Manuel Laboy and […]
A group of four interrelated Puerto Rico security guard companies and their principals have been ordered to pay a total of $715,685 in back wages and damages to 400 employees for their willful violations of the Fair Labor Standards Act (FLSA). The decision comes after the U.S. District Court for the District of Puerto Rico […]
The Center for Economic Renewal, Growth and Excellence (CRECE, for its acronym in Spanish) unveiled the results of the 2019 Economic Freedom Index for Puerto Rico, which showed that the island ranked 69 out of 180 countries with a score of 64.4, representing an increase of 3.4 points vs. 2018. Based on The Heritage Foundation […]
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