One of the most important industries in Puerto Rico is the rum industry, not only for its economic contribution but also for its legacy. As a pioneer in this sector, the island has experienced an expansion of the market and an evolution of the consumption patterns, which has increased production and competitiveness. In terms of […]
The rum industry could play a significant role in the recovery of Puerto Rico’s economy since it has a considerable impact on the treasury. Under the Federal Rum Excise Tax Cover-Over Program, every year excise taxes collected on Puerto Rican rum imported into the United States is transferred to the treasuries of the island. Since […]
Destilería Serrallés Inc., producer of Puerto Rico’s premium rum Don Q, launched the new Double Aged Sherry Cask Finish Rum for the Puerto Rico market. Destilería Serrallés’ sixth-generation rum maker, Roberto Serrallés and Master Blender, Jaiker Soto, debuted the new rum as part of the distillery’s continued focus on unique barrel-aged expressions. The product will […]
Destilería Serrallés received the “World Class Distillery 2019” award by the World Spirit Award organization based in Austria, the company announced. Annually, this liquor industry guild evaluates spirits producers from around the world in various categories. In the recent competition, 117 distilleries were evaluated in more than 25 countries globally. Serrallés, with its headquarters in […]
Destilería Serrallés Inc., producer of Don Q rums, has resumed its production and export operations after a brief disruption caused by Hurricane María’s path through Puerto Rico, the company confirmed.
Bacardí Corp., a part of the largest privately held spirits company in the world, this week hosted a visit by executives from its U.S. mainland distribution team of Southern Wine & Spirits and Glazer’s Inc. who toured the company’s 127-acre campus in Cataño, officials said Wednesday.
The sixth annual edition of the “Taste of Rum” is returning Feb. 28 to celebrate the industry’s 450-year history in Puerto Rico.
The Board of Directors of Bacardí Limited announced this week the departure of president and chief executive officer Ed Shirley, who will return to retirement after a 36-year career.
Puerto Rican rum distiller Destilería Serrallés Inc. will increase its rum production in Puerto Rico, adding up to 8 million proof-gallons in the next 3 years, company and government officials announced Tuesday.
Prof. Nelson Cardona, of the University of Puerto Rico in Mayagüez nabbed the “Educator of the Year, Higher Ed” award from the Society of Hispanic Professional Engineers, which through its STAR Awards seeks to recognize key contributors in the Hispanic community in the fields of science, technology, math and engineering (STEM).
Donna Christiansen, the U.S. Virgin Islands’ non-voting delegate to Congress, is aggressively defending her territory’s right to use rum excise-tax rebates to lure companies such as Diageo to its shores.
Puerto Rico isn’t a country, so unlike most of its English-speaking Caribbean neighbors, it doesn’t have an embassy in Washington. And it’s not a state either, so it can’t send to Congress the eight lawmakers — two senators and six representatives — its population of 3.7 million would warrant under statehood.
WASHINGTON — Diplomats representing the 15-member Caribbean Community have begun a public lobbying campaign against the use of federal excise-tax rebates by Puerto Rico and the U.S. Virgin Islands to subsidize rum production.
Two major local industries, rum and beer, will come together under one roof for the upcoming Rum & Beer Fest Nov. 17-18 at the Puerto Rico Convention Center.
Some 600 members representing several generations of the Bacardí family gathered at the Cataño distillery to mark the rummaker’s 150th anniversary late last week as part of the global celebrations taking place this year.
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