Caribbean Business articles from June 1991

Caribbean Business archives from June 1991

Selling to Uncle Sam. (United States) (Cover Story)
June 6, 1991... Selling products and services to the federal government is good business for Puerto Rico companies. Getting a foot inside Uncle Sam's door, however, is often the most difficult task for local businesspeople, and only a few have accomplished it...

U.S. Surgical slates $6M Ponce expansion. (United States Surgical Corp.)
June 6, 1991... U.S. Surgical is planning to undertake a major expansion of its Puerto Rico manufacturing operations to cope with increasing demand for its products. The expansion will more than double the company's production capacity on the island and...

The Office Depot starts building next month. (stores in Puerto Rico)
June 6, 1991... The Office Depot Inc., a Florida-based concern, has announced plans to open from five to six stores in Puerto Rico during 1992. The office supply chain is already negotiating leases for locales, mainly in strip malls, and has signed at least...

Popular plans major expansion on mainland. (Banco Popular de Puerto Rico, U.S. mainland)
June 6, 1991... banco Popular de Puerto Rico, owned by the bank holding company BanPonce Corp., will soon embark on a major expansion on the U.S. mainland. According to the bank's strategic plan, Popular's mainland operations should represent 20% of the...

Neptune Packing calls it quits in P.R. (Neptune Packing Company Inc., Puerto Rico)
June 6, 1991... Neptune Packing Co. Inc., one of the big three tuna packers in Puerto Rico, has abandoned plans to resume tuna processing operations in Puerto Rico. The company is currently in the process of selling the assets of its Mayaguez tuna processing...

Almacenes Yayabo files for Chapter 11. (Almacenes Gigante Inc., bankruptcy)
June 6, 1991... Almacenes Gigante Inc. doing business as Almacenes Yayabo, filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code on May 23. According to court documents, the firm has some $6.2 million in liabilities, 85% of which are...

Latest target: special partnerships. (Special Report) (includes related article)
June 6, 1991... If you were new to Puerto Rico, you might think that the Commonwealth government is bent on confusing the heck out of island investors and developers and on ruining the local economy in the process. If you've been here for a while, you'd be...

AA aspires to 100 daily S.J. flights. (American Airlines Inc., San Juan, Puerto Rico)
June 6, 1991... American Airlines' Florida/Caribbean/Latin American hub, in Miami, may be growing rapidly but the company remains committed to continuing its expansion in Puerto Rico. During an exclusive CARIBBEAN BUSINESS interview in Miami, Arthur J. Tomo,...

Auto insurance rate decrease coming soon.
June 6, 1991... A personal auto insurance rate decrease will go into effect July 1, according to Insurance Commissioner Miguel A. Vilafane Neriz. The rate change, filed by the Insurance Services Office (ISO) last March, will lower the overall rate level by...

Will ghosts of telephone company sale return to haunt us? (Puerto Rico Telephone Co.)
June 6, 1991... Ever since Gov. Rafael Hernandez Colon announced that the Puerto Rico Telephone Co. (PRTC) was up for sale, it has become one of the major topics of conversation on the island. However, now that it has been announced that PRTC is no longer for...

Telecommunications commission to stay intact. (Puerto Rico's Telecommunications Regulatory Commission)
June 6, 1991... In August 1990, the passing of Law 63 created the Telecommunications Regulatory commission. Presided over by Hiram H. Puig, former president of the Puerto Rico Communications Authority (PRCA), the commission will not be affected by the...

Fasten-Pak has distributed stretch film on island since 1977. (Puerto Rico) (Special Feature: Packaging and Components)
June 6, 1991... Fasten-Pak Corp. is the exclusive distributor of Borden stretch film in Puerto Rico. Gumerindo Danger, general manager of Fasten-Pak, said that for about a month and a half the company has been distributing the Borden line. "We originally...

Two P.R. packaging makers invest millions in expansion work. (Rivals Foam Pack Inc., Flexible Packaging Co., Puerto Rico) (Special Feature: Packaging and Components)
June 6, 1991... Their strategies differ, but the goal is similar. Rivals Foam Pack Inc. and Flexible Packaging Co, two of Puerto Rico's leading makers of pakaging products and components, are currently undertaking multi-million-dollar investments in...

Many packing companies in P.R. package both food and medicine. (Puerto Rico) (Special Feature: Packaging and Components)
June 6, 1991... Packaging medicines is understandably different from packaging food. Nevertheless, local packing companies seem able to do both as if there were no difference. Their food packaging practices are so safe that packaging medicines presents no...

New technology on the market makes packaging quicker and easier. (Special Feature: Packaging and Components)
June 6, 1991... Today for every need, there's a cost-efficient solution. Even the needle, milk and paint industries in Puerto Rico have learned what pharmaceuticals and electronic companies learned a long time ago -- the latest in labeling, marking and...

Packaging components distributors. (industry profile) (Special Feature: Packaging and Components)
June 6, 1991... After years of steady growth and expansion, sales for Puerto Rico's major distributors of packaging materials have leveled off. Although these firms remain busy, their gross sales are expected to reach an estimated $25 million in 1991,...

Richard L. Carrion: keeping time at the top. (Top 10 Business Leaders of Puerto Rico)
June 6, 1991... It's not suprising that banker Richard L. Carrion, president of the $9 billion-asset Banco Popular de Puerto Rico, has a certain affinity with the color green. But what may be surprising is that the association is based on a whole lot more...

Getting nowhere fast: Puerto Rico's construction permit fiasco. (long delays, red tape in issuance of permits) (Cover Story)
June 13, 1991... Getting nowhere fast Getting a construction permit in Puerto Rico is an excruciatingly painful bureaucratic process that has major implications for our economy. It takes tons of paperwork, hundreds of calls and visits to dozens of government...

Chase Securities works $27M Carifa bond: bond issue is part of $55M hotel privatization project; proceeds to be used to buy and remodel two Jamaica hotels. (Chase Securities Puerto Rico Inc.; Caribbean Basin Financing Authority)
June 13, 1991... Chase Securities works $27M Carifa bond Chase Securities P.R. Inc. is structuring a $27 million Carifa bond package using 936 funds to finance the purchase and remodelling of two hotel properties in Jamaica. The company seeking the $27...

Consumers are spending and borrowing less.
June 13, 1991... Consumers are spending and borrowing less The ball is in the consumer's court. That's the consensus of analysts watching the course of the economy. Ask why the economic recovery has taken longer than expected, following the end of the...

Cellular One receives FCC certification. (Cellular Communications of Puerto Rico Inc.)
June 13, 1991... Cellular One receives FCC certification The Federal Communications Commission (FCC) recently authorized Cellular Communications of Puerto Rico Inc. to compete in the local market. Cellular Communications, which operates in Puerto Rico as...

Wang/Amgen deal benefits all involved: Amgen to start manufacturing operation at Wang plant; purchase relieves Wang financial problem, creates jobs. (Amgen Inc. buys Wang Laboratories Inc. plant in Juncos, Puerto Rico)
June 13, 1991... Wang/Amgen deal benefits all involved Call it a win, win, win situation: Wang Laboratories got rid of its under-utilized manufacturing plant; Amgen Inc. obtained a new production facility; and the Puerto Rico Economic Development...

"You can't get there from here": the continuing tangle of ground transportation. (Puerto Rico)
June 13, 1991... "You can't get there from here" Five years ago, when Robert L. Crandall, chairman and president of American Airlines, agreed to build a Caribbean hub in Puerto Rico, he informed Gov. Rafael Hernandez Colon that the company would invest in...

Amendments to Job Security Law considered: Law 74 could result in combined savings of $60 million for employers contributing to unemployment insurance. (Puerto Rico)
June 13, 1991... Amendments to Job Security Law considered Gov. Rafael Hernandez Colon, recently proposed a bill in the Legislature that would establish new systems for determining employer taxes and an additional 1% tax for a special fund for the development...

936 program on agenda at mayors' meeting. (Elkhart, Indiana, mayor James P. Perron calls for end to tax exemptions for firms that transfer U.S. operations to offshore U.S. possessions; U.S. Conference of Mayors)
June 13, 1991... 936 program on agenda at mayors' meeting WASHINGTON - A resolution denouncing the loss of jobs for "American workers" to Puerto Rico and calling for an end to the 936 program will be considered by the U.S. Conference of Mayors during its...

Your broker should suit your personality and pocketbook alike. (Personal Money Matters)
June 13, 1991... Your broker should suit your personality and pocketbook alike Think of a good investment broker-client relationship as the ideal marriage: a union for love and money. Money naturally plays a key role in selecting a broker. Since the...

Coors in Puerto Rico: Peter Coors discusses game plan for product entry. (Coors Brewing Co.) (interview)
June 13, 1991... Coors in Puerto Rico After a long six months of anticipation, Coors and Coors Light made their grand entrance into the highly competitive local beer market last week. Peter Coors, president and CEO of the third-largest brewery on the U.S....

Kodak enters new era of complete service. (Kodak Caribbean Ltd.)
June 13, 1991... Kodak enters new era of complete service After 35 years of doing business in Puerto Rico, Kodak Caribbean Ltd. is forging a new era, complete with fresh philosophy and new image. For the first time in Puerto Rico, Kodak is entering the...

Champ Sports at last enters P.R. market. (Kinney Shoe Corp. division acquires Deportes Salvador Colom stores in Puerto Rico)
June 13, 1991... Champ Sports at last enters P.R. market Champ Sports, a Florida-based division of Kinney Shoe Corp., is finally entering the local market. After several months of negotiations, the deal to acquire nine Deportes Salvador Colom stores was...

The '60s are reborn at Cuspide ceremony. (Cuspide IX advertising awards ceremony in Puerto Rico)
June 13, 1991... The '60s are reborn at Cuspide ceremony Cuspide IX Committee members' selection of a 30-year historic overview of the advertising industry for its audiovisual theme - starting with the |60s - could not have been more timely. "At the...

Promises, promises. (problems with Puerto Rico government's issuance of construction permits) (editorial)
June 13, 1991... Promises, promises Of all the incongruence and incompetency that characterizes the Commonwealth government, the process of getting construction permits must take top prize. Year after year there have been promises of reform, but the results...

Nehru's legacy to India proving a mixed blessing. (Jawaharlal Nehru's legacy of secularism, nonalignment, and socialism) (editorial)
June 13, 1991... Nehru's legacy to India proving a mixed blessing In life, Jawaharlal Nehru was often compared to the great banyan trees of India: enormously grand, wonderfully sheltering - but in whose shade nothing grows. This week, precisely 27 years...

Let's try to separate fact from inference. (protection for the spotted owl vs. job loss in the Pacific Northwest) (column)
June 13, 1991... Let's try to separate fact from inference Have you ever wondered why the Congress of the United States has decided that no species must ever become extinct when nature itself has no such rule? No kidding. Long before man was on this...

'Iron Lady' - a bit pejorative but it fits. (new French prime minister Edith Cresson) (column)
June 13, 1991... |Iron Lady' - a bit pejorative but it fits PARIS - France's new prime minister, Edith Cresson, already has been dubbed Europe's second "Iron Lady," taking the sobriquet that used to belong to the deposed British prime minister, Margaret...

No time to go to gym? Exercise in your office! (stretching exercises) (Executive Father)
June 13, 1991... No time to go to gym? Exercise in your office! If you work in an office all day, you know the feeling. It's quitting time, and you should feel good, but all you can think about are your tired, aching muscles. You don't know why they hurt,...

Give Dad a truly different gift this year for Father's Day: a vacation! (Executive Father)
June 13, 1991... Give Dad a truly different gift this year for Father's Day: a vacation! Surprise Dad with a different gift for Father's Day. Instead of buying him the traditional and expected tie, or taking him to a crowded noisy restaurant, take him out on...

Cellular phones become more portable to help family members. (cellular services in Puerto Rico) (Executive Father)
June 13, 1991... Cellular phones become more portable to help family members The executive father who is planning on acquiring a cellular phone or who already owns one should be aware of the advantages the cellular communications market is currently offering...

A gift of clothing that can't be worn. (books on executive dress) (Executive Father)
June 13, 1991... A gift of clothing that can't be worn Nearly everyone has heard the expression |you are what you eat,' but have you ever considered that |you are what you wear?' A few years ago, image consultant John T. Molloy took two pictures of a...

Help dad get more stylish by giving him fashionable clothing. (Executive Father)
June 13, 1991... Help Dad get more stylish by giving him fashionable clothing If your Dad is like other executive fathers, he spends the entire day at the office and on weekends continues to do business on the golf course. What to buy him for Father's Day...

Staying in touch with business world in comfort of your home. (setting up a home office) (Executive Father)
June 13, 1991... Staying in touch with business world in comfort of your home The concept of the home office is slowly beginning to take hold in Puerto Rico. More and more island executives have found that they can work in the comfort of their own home, yet...

Three execs talk about what being a father really means. (Executive Father)
June 13, 1991... Three execs talk about what being a father really means Once again, malls all over Puerto Rico are surrounded by automobiles all struggling to fit into the same limited parking spaces. Most shoppers - spouses, sons, daughters - scamper about,...

If you have to put in extra hours at office, eat healthy food. (Executive Father)
June 13, 1991... If you have to put in extra hours at office, eat healthy food The business world is undoubtedly one of the most stressful environments in industrialized nations today. Many executives find themselves working 12 to 14 hours a day, six to seven...

Businesspeople can advance their careers with more training. (Executive Father)
June 13, 1991... Businesspeople can advance their careers with more training In order to stay on top in the business world, you have to remain sharp. You have to know the latest happenings in your industry, and the latest techniques and methods of doing...

Perfect Father's Day gift should be something for personal use. (Executive Father)
June 13, 1991... Perfect Father's Day gift should be something for personal use Once again, it is that time of the year when many people go crazy trying to figure out what to get Dad for Father's Day. Though one can always resort to the traditional...

An economy on ice: tight credit chills Puerto Rico's progress.
June 20, 1991... An economy on ice tight credit chills Puerto Rico's progress If you are a businessperson looking to borrow capital from a bank in Puerto Rico, chances are you will find yourself frozen out. Unless, that is, you have a fabulous long-term...

Safety-Kleen plans $14M investment in P.R. (Safety-Kleen Envirosystems Company of Puerto Rico Inc.)
June 20, 1991... Safety-Kleen plans $14M investment in P.R. Safety-Kleen Envirosystems Company of Puerto Rico Inc., a leading environmental services firm, is planning to invest approximately $14 million, to more than double production capacity at its Manati,...

$56M in AFICA bonds to be issued next week. (Puerto Rico's Industrial, Medical, Higher Education, and Environmental Pollution Control Facilities Financing Authority)
June 20, 1991... $56M in AFICA bonds to be issued next week Empresas Fonalledas is scheduled to issue $56 million in AFICA bonds next week to finance the Plaza del Caribe Mall now being built in Ponce. Officials of PaineWebber Inc. of Puerto Rico, the...

Prime Computer lays off 80 local workers. (Prime Computer de Puerto Rico Inc.)
June 20, 1991... Prime Computer lays off 80 local workers Prime Computer Inc., a Natick, Mass.-based maker of computers, recently laid off around 80 workers at its manufacturing plant located in Ponce, Puerto Rico. A company spokesman, however, denied that...

Bankers to ask for lower tax on investments. (Puerto Rico)
June 20, 1991... Bankers to ask for lower tax on investments A group of bankers and businessmen in Puerto Rico will soon ask the Commonwealth government to lower taxes on certain local investments in order to provide a much-needed boost to economic...

OCC approves Santander Federal conversion. (Office of the Comptroller of the Currency, Santander Federal Savings Bank)
June 20, 1991... OCC approves Santander Federal conversion The Office of the Comptroller of the Currency (OCC), the federal agency that regulates national banks, has given a preliminary approval to the conversion of Santander Federal Savings Bank from a...

The waiting is over at First Federal. (First Federal Savings Bank complies with Federal Deposit Insurance Corporation's regulations)
June 20, 1991... The waiting is over at First Federal They got the call Tuesday afternoon last week and immediately sprang from their offices to congratulate each other. A few minutes later, they were at Sebastian Restaurant celebrating over drinks and...

936 firms keeping more of profits in P.R. (Puerto Rico)
June 20, 1991... 936 firms keeping more of profits in P.R. Puerto Rico is currently enjoying one of the highest availabilities (i.e., liquidity) of 936 funds in recent years. Section 936 companies are keeping more of their profits on the island and...

Regional tourism drops 10% in first quarter. (Caribbean area)
June 20, 1991... Regional tourism drops 10% in first quarter The tourism industry throughout the Carribean has been adversely affected by both the Persian Gulf war and the recession that has been afflicting the U.S. economy. According to figures released by...

Hoteliers tackle lack of development funds. (Puerto Rico)
June 20, 1991... Hoteliers tackle lack of development funds Securing the necessary financing is a critical component of any hotel development. There are, however, a number of problems associated with financing hotel projects which range from high costs and...

Soda companies to combat sales drop. (soft drink industry in Puerto Rico)
June 20, 1991... Soda companies to combat sales drop During the summer, consumption of sodas usually increases by 33%, according to industry statistics. This year, however, as a result of the enactment of a 4.5-cent soda tax, the situation could turn out to...

New Pridco chief faces tough battle. (Puerto Rico Industrial Development Co., Antonio Maldonado Lopez) (interview)
June 20, 1991... New Pridco chief faces tough battle As a brigadier general with the U.S. Air Force, Antonio Maldonado Lopez had the challenging task of managing U.S. military installations in Spain. Starting in July, the 27-year-career military man will have...

Vassallo begins exporting to Jamaica. (Industrias Vassallo Inc.)
June 20, 1991... Vassallo begins exporting to Jamaica Industrias Vassallo Inc., the Puerto Rico manufacturer of polyvinyl chloride (PVC) pipes and fittings, has signed a one-year contract worth in excess of $900,000 with West Indies Home Contractors to supply...

New landfill closure regulations imminent. (Puerto Rico)
June 20, 1991... New landfill closure regulations imminent Closing a nonhazardous solid waste landfill in compliance with regulations has never been an easy task. Now, however, with the amendments to the federal non-hazardous waste regulations, which are...

Survey reveals summertime job opportunities. (Manpower Inc.'s Employment Outlook Survey for Puerto Rico)
June 20, 1991... Survey reveals summertime job opportunities According to the latest survey conducted by Manpower Inc., despite the prevailing weak job market, a slight summertime upswing is predicted for the third quarter of this year. The temporary...

Mendez University System to raise $12.5M. (Ana G. Mendez University System)
June 20, 1991... Mendez University System to raise $12.5M The Ana G. Mendez University System has hired Atlanta-based consulting firm Alexander O'Neil Hass & Martin Inc. to help pursue a $12.5 million fundraising campaign. The money raised through the...

Freight forwarders/customs brokers. (Puerto Rico)(Industry Profile)
June 20, 1991... FREIGHT FORWARDERS/CUSTOMS BROKERS A growing number of firms in Puerto Rico find themselves increasingly dependent on the exportation and/or importation of merchandise to and from foreign countries in order to survive. Many would find it...

Television stations. (Puerto Rico)(Industry Profile)
June 20, 1991... TELEVISION STATIONS Television broadcasting on the island this year has been similar to a traditional soap opera - full of tears, fears, tension and everybody at the edge of their seats hoping for a happy ending. There are four leading...

D.R. told it could lose U.S. foreign aid. (Dominican Republic)
June 20, 1991... D.R. told it could lose U.S. foreign aid WASHINGTON - House Western Hemisphere Affairs Subcommittee Chairman Robert G. Torricelli (D., N.J.) threatened to cut off all U.S. foreign aid to the Dominican Republic, if it does not end the use of...

Unions declare war on P.R.'s 936 program. (Puerto Rico)
June 20, 1991... Unions declare war on P.R.'s 936 program WASHINGTON - With the introduction of the Runaway Plants Bill by Rep. Fortney "Pete" Stark (D., Calif.), the AFL-CIO Executive Council and the Oil, Chemical and Atomic Workers Union (OCAW) declared...

No business as usual. (economic conditions in Puerto Rico) (editorial)
June 20, 1991... No business as usual The economic downturn that we are now experiencing, one of the most serious in the last few decades, has become a tough and trying period for businesspeople on the mainland and in Puerto Rico. Some say that the...

Coldwell Banker starts marketing program.
June 20, 1991... Coldwell Banker starts marketing program As part of Coldwell Banker Residential Real Estate Corp.'s new nationwide expansion plan, the company recently kicked off an innovative marketing program that will help local franchisees boost the...

Chamber's achievements ranged from lobbying to helping youth. (Puerto Rico Chamber of Commerce) (Chamber of Commerce Convention supplement)
June 20, 1991... CHAMBER OF COMMERCE For the 1990-91 fiscal year, the Puerto Rico Chamber of Commerce can again claim a number of achievements in its continuing endeavor to serve the island's community and its business sector. The foremost achievement of...

Outgoing president views chamber's accomplishments with pride. (Jose Julian Alvarez, Puerto Rico Chamber of Commerce) (Chamber of Commerce Convention supplement)
June 20, 1991... Outgoing president views chamber's accomplishments with pride The Puerto Rico Chamber of Commerce has always been known for its commitment to the improvement of business, economic and social opportunities on the island. Its leadership has...

Tourism Committee coordinates with government to enhance P.R. (Puerto Rico Chamber of Commerce) (Chamber of Commerce Convention supplement)
June 20, 1991... Tourism Committee coordinates with government to enhance P.R. Three months after being appointed head of the Tourism Committee of the Chamber of Commerce, Carlos William Matos has succeeded in transforming this into one of the Chamber's most...

Ladies Committee sponsored may special activities last year. (Puerto Rico Chamber of Commerce) (Chamber of Commerce Convention supplement)
June 20, 1991... Ladies Committee sponsored many special activities last year The Ladies' Committee of the Puerto Rico Chamber of Commerce (Comite de Damas) will be sponsoring two special events during the upcoming Annual Convention at Hyatt Regency Cerromar...

Chamber continues its efforts to get Closing Law abolished. (Puerto Rico Chamber of Commerce) (Chamber of Commerce Convention supplement)
June 20, 1991... Chamber continues its efforts to get Closing Law abolished Since the present Closing Law was re-enacted in December 1989, the P.R. Chamber of Commerce (PRCC) has repeatedly stated its opposition to the law and the need to abolish it to permit...

Promoting exterior trade was Chamber's main goal this year. (Puerto Rico Chamber of Commerce) (Chamber of Commerce Convention supplement)
June 20, 1991... Promoting exterior trade was Chamber's main goal this year Globalization is the trend, and Puerto Rico must keep up to survive within the international marketplace. This - in a nutshell - has been the message the local Chamber of Commerce has...

Milton Quinones of Marianne Stores named Citizen of the Year. (Chamber of Commerce Convention supplement)
June 20, 1991... Milton Quinones of Marianne Stores named Citizen of the Year Milton Quinones has traveled down a long road, from his childhood in Isabela, to the top of the corporate ladder at Marianne Stores of Puerto Rico. He has also traveled the long...

Impact of U.S.-Mexico free trade pact of P.R. topic of forum. (Puerto Rico Chamber of Commerce) (Chamber of Commerce Convention supplement)
June 20, 1991... Impact of U.S.-Mexico free trade pact on P.R. topic of forum The implications of a U.S.-Mexico free trade agreement (FTA) on Puerto Rico's economy will be the topic of a forum discussion sponsored by the Puerto Rico Chamber of Commerce on...

Chamber's priorities comprise issues from taxes to education. (Puerto Rico Chamber of Commerce) (Chamber of Commerce Convention supplement)
June 20, 1991... Chamber's priorities comprise issues from taxes to education Under the leadership of this year's president, Jose Julian Alvarez, the Chamber of Commerce has made export trade its No. 1 priority. But what are the other issues with which the...

Hector Quinones named Businessperson of the Year by Chamber. (Puerto Rico Chamber of Commerce) (Chamber of Commerce Convention supplement)
June 20, 1991... Hector Quinones named Businessperson of the Year by Chamber Among those honored at this year's annual Chamber of Commerce convention will figure Hector Quinones, president of Pueblo Supermarkets Puerto Rico Division, who will receive the...

New Chamber president Antonio Gonzalez Flores discusses goals. (Puerto Rico Chamber of Commerce) (Chamber of Commerce Convention supplement)
June 20, 1991... New Chamber president Antonio Gonzalez Flores discusses goals This year's Chamber of Commerce Convention will mark the transition between the past and the future. Taking over as head of the Chamber will be Antonio Gonzalez Flores, partner at...

Chamber coordinates efforts with local and federal governments. (Puerto Rico Chamber of Commerce) (Chamber of Commerce Convention supplement)
June 20, 1991... Chamber coordinates efforts with local and federal governments Throughout its 78 years of commitment to the development of private enterprise on the island, the Puerto Rico Chamber of Commerce (PRCC) has been actively involved with local...

Holding down the rising costs of health care.
June 27, 1991... Holding down the rising costs of health care Employee health care issues in Puerto Rico will move from the back room to the board room in the 1990s as corporate CEOs see the link between keeping their competitive edge and containing their...

Carnicon emerges as convention center bidder. (Carnicon Management Associates, Condado convention center)
June 27, 1991... Carnicon emerges as convention center bidder Reports say Carnicon, a joint venture of Carnival Cruises and Continental Companies, highest bidder this time around Carnicon Management Associates, a mainland-based hotel development and...

Pueblo threatens to sue Farmacias Xtra. (Pueblo Supermarkets Inc, trademark infringement)
June 27, 1991... Pueblo threatens to sue Farmacias Xtra Independent chain applies for government approval under unauthorized name without consulting trademark holders Pueblo Supermarkets Inc. has threatened to sue newcomer Farmacias Xtra for trademark...

Allen-Bradley expands in P.R. and D.R. (Allen-Bradley Company Inc., Puerto Rico, Dominican Republic)
June 27, 1991... Allen-Bradley expands in P.R. and D.R. Company to transfer some P.R. operations to twin plant in D.R. and will add 40 jobs at plant in Trujillo Alto Allen-Bradley Co., a division of Rockwell International Corp., is expanding its...

Amwest to enter island surety bond market. (Amwest Surety Group Inc.)
June 27, 1991... Amwest to enter island surety bond market Caribbean Underwriters will be representative of Amwest Surety Insurance Co., a bond underwriter, in Puerto Rico The Amwest Surety Insurance Co., a California-based bond underwriter, will soon...

Section 936 may not be out of danger yet. (tax credits for plant relocations to Puerto Rico)
June 27, 1991... Section 936 may not be out of danger yet U.S. Conference of Mayors adopts compromise that diffuses 936 as issue this year but it may not be their final word WASHINGTON -- A compromise resolution adopted by the U.S. Conference of Mayors...