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WEB4 days ago · “Exporting is the right strategy for companies, as it exponentially increases their customer base and is beneficial for Puerto Rico due to all the sales generated throughout the world — capital that returns to the island.
2 biotech firms investing $228M to open plants in Puerto Rico
WEBFeb 4, 2021 · Biosimilar Sciences will establish a state-of-the-art biotech facility in Aguadilla with a $200 million investment in machinery and equipment. It will develop a series of biosimilar products, including a COVID-19 vaccine, new cell and gene therapy, biologics, clinical studies, and other recombinant biotechnologies.
Honeywell opens $40M aerospace testing lab in Moca
WEBMay 4, 2016 · Gov. Alejandro García-Padilla (at podium) headed a delegation of public officials who were on hand for the unveiling. Honeywell Aerospace announced Tuesday the opening of a new environmental testing laboratory in Puerto Rico’s Las Américas Technology Park, which will create 335 new jobs on …
ATH Móvil reaches 1M users since launching 4 years ago
WEBFeb 27, 2018 · Evertec and ATH announced that their ATH Móvil service has reached one million users since its inception four years ago. “Since it was launched four years ago, consumer acceptance of the service has been exceptional, growing at an accelerated pace and allowing more Puerto Ricans to handle payments …
SME’s Digital Trends Study pegs Puerto Rico’s online sales at $458M
WEBMay 14, 2021 · The study, commissioned to economic analysis firm Estudios Técnicos, showed that the increased activity has pushed annual online purchases in Puerto Rico to $458 million. In 2016, monthly online transactions averaged $135 vs. $329 in 2021. “An important area of opportunity for local entrepreneurs is the increase in e-commerce.
AZ Foods looks to implement new model to help small businesses ...
WEBJun 17, 2021 · AZ Foods, a distribution company responsible for bringing healthy products from different parts of the world to Puerto Rico, is looking to expand its business model to help local small businesses improve their reach. “We’re a Puerto Rican company that always wants to distribute the healthiest foods and we believe that with each product we…
Puerto Rico marks milestone participation in Homeowner …
WEBMar 15, 2023 · Applications started to be accepted in December 2021. “Originally, PRHAP aimed to assist at least 5,000 homeowners throughout Puerto Rico’s 78 municipalities; fortunately, PRHFA was able to exceed this goal with IEM’s assistance and serve more than 8,000 homeowners,” Álvarez said, while noting that the government entity is proud of its ...
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The San Jorge Hospital secures $11M financing from Parliament …
WEBAug 21, 2024 · San Jorge Hospital Inc. and Parliament Capital Management LLC have announced an $11 million financing agreement to support extensive renovations and bolster working capital. The funds will enable the hospital to upgrade its facilities and services, officials said. Earlier this year, San Jorge Hospital acquired the hospital assets through a ...
Sprint, Open Mobile complete joint venture to serve PR/USVI
WEBDec 5, 2017 · PRWirelessPR, LLC is offering postpaid, prepaid, Lifeline and business service through the Sprint, Boost Mobile, Virgin Mobile USA and Open Mobile brands. Two of Puerto Rico’s wireless carriers — Sprint and Open Mobile — quietly completed their previously announced joint venture agreement in mid …