A subsidiary of transportation and petroleum distribution company, Saltchuk Resources, has entered into a binding purchase and sale agreement to acquire Tropical Shipping and its related companies, it was announced Monday.
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QUOTE OF THE WEEK:
“The commitment of companies in the telecommunications industry is evident, but it is necessary to emphasize the importance of creating the right conditions for doing business on the island.
Energy and permitting issues remain major challenges. We’re confident that with close collaboration between the public and private sectors, the ideal business climate can be created to protect what has been achieved and maximize opportunities for Puerto Rico.”
— Pedro G. Andrés, president, Puerto Rican Telecommunications Alliance (APT)
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