Caribbean Business articles from November 1991

Caribbean Business archives from November 1991

The Caribbean Business 200. (ranking of the 200 largest locally owned companies in Puerto Rico based on annual gross sales)
November 7, 1991... While the recession triggered sluggish growth and a drop in the bottom line for many U.S. mainland corporations in 1990, it had not affected most Puerto Rico companies by the end of last year. According to CARIBBEAN BUSINESS's annual...

Cogeneration plant planned for Penuelas. (Penuelas, Puerto Rico)
November 7, 1991... A group that includes Arochem International Inc., General Electric and Texaco is planning to build a multi-million-dollar electrical power and steam generating (cogeneration) plant in Penuelas. The proposed plant would supply electrical energy...

FHA loan limit to rise first in Guaynabo. (Federal Housing Administration's maximum loan amount permissible for mortgagesin Guaynabo, Puerto Rico)
November 7, 1991... The maximum loan amount permissible for mortgages insured by the Federal Housing Administration (FHA) may soon rise in Guaynabo to $124,875, the maximum allowed by the agency. The Mortgage Bankers Association of Puerto Rico (MBA) expects the...

Caguas Centrum to begin construction in '92. (mixed-use commercial complex planned in Puerto Rico)
November 7, 1991... After two years of planning the construction of the more than $125 nmillion mixed-use Caguas Centrum project, work will begin early next year, according to Pedro Tolosa, president of Manley Berenson Puerto Rico Inc., developer of the project....

Cable TV plans expanded programming for '92. (Cable TV of Greater San Juan, Puerto Rico to offer new channels and more pay-per-view events)
November 7, 1991... Cable TV of Greater San Juan is planning to expand its service by offering its estimated 100,000 subscribers at least three new channels and more pay-per-view events. This new programming is scheduled to become available in Puerto Rico early...

P.R. seen benefiting from formation of EC. (Puerto Rico; European Community's single European Economic Area)
November 7, 1991... Puerto Rico and Caribbean countries stand to benefit from the formation of a single European economy in 1992, according to Janet Young, a high-ranking British government official and current vice president of the West India Committee, an...

Mortgage bankers also concerned about 24-A. (Regulation 24-A, amendments on interest rates and finance charges in Puerto Rico)
November 7, 1991... Commercial and consumer lenders are not the only ones paying attention to the pending amendments to Regulatiion 24-A. The ruling that governs interest rates and finance charges on the island is also high stakes for Puerto Rico's mortgage...

Banks track industry reform in Congress. (banking reform bill)
November 7, 1991... Banks in Puerto Rico are tracking closely the banking reform legislation weaving its way through the U.S. Congress. As of press time Monday afternoon, the House of Representatives was scheduled to vote that evening or the following day on...

Bank transaction tax seems dead on arrival. (disinterest of legislators in a bank transaction tax bill)
November 7, 1991... The move by a Commonwealth legislator to impose a $1 escise tax on local banking transactions above $1,000 appears to have met an early death. Sources tell CARIBBEAN BUSINESS that the proposal, which was hastily introduced in the House of...

Pre-fab house builder teams up with TIRI. (P and P Inc.; TIRI Real Estate)
November 7, 1991... Industrialist Victor Portugues, president of P&P Inc., is teaming up with Realtor Gloria Kaplan to manufacture and market pre-fabricated low-cost buildings and houses aimed at low-income home buyers in Puerto Rico. P&P Inc.'s Casas...

Olympic Mills launches two new products. (Lady Grana and Little Lady Grana underwear)
November 7, 1991... Olympic Mills, manufacturer of Grana-brand men's and boys' underwear, announced last week the launching of two new products for women and girls. The introduction of Lady Grana and Little Lady Grana underwear represents an investment in...

Fluor Daniel announces next year's expansion. (Flour Daniel Inc.'s expansion of operations in Puerto Rico)
November 7, 1991... Fluor Daniel Caribbean Inc. plans to expand its Puerto Rico operation in 1992 and add an estimated 350 new employees to its local staff. The engineering and construction firm, which has been operating on the island for more than 26 years,...

Danish Cruise Lines inaugurates headquarters. (headquarters at Metro Office Park, Guaynabo, Puerto Rico)
November 7, 1991... Danish Cruise Lines Inc. is officially inaugurating its headquarters at Metro Office Park in Guaynabo today. Executives of the Puerto Rico Tourism Company and the Puerto Rico Ports Authority are expected to attend the ribbon-cutting ceremony....

Halisa ready to fly pending U.S. approval. (Haiti's Halisa Airline seeks permission from the Department of Transportation to fly to various points in the U.S.)
November 7, 1991... If the U.S. Department of Transportation grants approval, Puerto Rico could see the entry of a new airline into the local market. The airline, which is being called Halisa, is the recent creation of Frantz Henri Cheron, a well-known...

Albert Chia at helm of Radisson Normandie. (Radisson Normandie Hotel, San Juan, Puerto Rico)
November 7, 1991... Albert Chia, who was the first manager of the Holiday Inn Crown Plaza in Isla Verde, has taken over as managing director of the 180-room Radisson Normandie Hotel in San Juan. Chia, who has been running the hotel since the middle of October,...

A telephone man captains the helm: Ramon Arce at PRTC. (president of Puerto Rico Telephone Co.)
November 7, 1991... Ramon Acre Crespo was recently named president of the Puerto Rico Telephone Company (PRTC). Upon being appointed PRTC president, he automatically became executive director of the Puerto Rico Telephone Authority (PRTA), president of the Puerto...

Database of top U.S. firms debuts. (marketing in Puerto Rico of data base on the largest and most profitable private businesses)
November 7, 1991... The Association of Area Business Publications (AABP), a trade association of local and regional business magazines and newspapers, is marketing a database to give maketers and advertisers access to top private U.S. companies. The database,...

Patents zap Toshiba, NEC Corp. (court order halting manufacture of single inline memory modules)
November 7, 1991... The U.S. Federal District Court in Alexandria, Virginia recently ordered Toshiba Corp., NEC Corp. and their U.S. subsidiaries to halt the manufacturing, distribution, sale and use in the U.S. of certain single in-line memory modules (SIMM) that...

P.R. Industrial Commission installs Wang. (installation of Wang computer system at the Puerto Rico Industrial Commission)
November 7, 1991... The Puerto Rico Industrial Commission, a government agency that dispenses workers compensation, recently inaugrated its new Wang computer system based on imaging technology and optic discs at a cost of approximately $1 million. The system will...

Health Department has new computer system. (Puerto Rico's Department of Health)
November 7, 1991... The Puerto Rico Health Department recently acquired a computer system which includes a network connecting nine regional hospitals. The hardware includes mainframes, terminals, printers and disks from Unisys and software from Healthcare...

Forecast. (Apple Computer Inc.'s launching of microcomputers and AMD's new 386 chip)
November 7, 1991... A new 386 chip was announced this month by AMD which requires much less power than previous versions. This chip will be incorporated into new versions of notebook computers giving them greater battery life (8 to 9 hours per charge) or allowing...

Auxilio Mutuo inaugurates $3M laboratory. (Auxilio Mutuo Hospital's new medical laboratory, Rio Piedras, Puerto Rico)
November 7, 1991... Auxilio Mutuo Hospital in Rio Piedras inaugurated a clinical laboratory recently that is one of the largest among private hospitals in Puerto Rico and the Carribean. The $3 million expansion of the hospital's lab facilities includes the latest...

P.R. Products president Rivera talks about local products. (Puerto Rico Products Association's Juan Rivera Bigas)(Special Section: Exports from Puerto Rico)
November 7, 1991... On November 19, 1493, Italian navigator Christopher Columbus discovered Puerto Rico during his second expedition to the New World. Inspired by this event, the Puerto Rico Products Association and Economic Development Administration...

Fair to feature local goods. (Special Section: Exports from Puerto Rico)
November 7, 1991... The Puerto Rico Products Association, Economic Development Administration (Fomento) and Supermercados Amigo will present the 6th annual Puerto Rico Products Fair at the Luis Munoz Rivera Park in San Juan. Set for November 16 and 17th from...

Borden's La Formosa attracting more clients from the Americas. (Borden Inc.'s Industrias La Famosa's business in Central and South America)(Special Section: Exports from Puerto Rico)
November 7, 1991... Borden's Industrias La Famosa recently received a call from Chile. Its distributor there wanted to order some Coco Lopez: 400 cases, in fact, of the basic ingredient to make Pina Colada. That's the kind of order that is music to the ears...

Transshippers to benefit from changes in tariff regulations. (law allowing shipping firms to adjust their rates in a day's notice)(Special Section: Exports from Puerto Rico)
November 7, 1991... The Federal Maritime Commission recently amended its regulations governing the publishing, filing and posting of shipping tariffs in domestic off-shore commerce. The rule change is expected to provide shipping companies more flexibility and...

Coors sells 1 million cases in 60 days. (sale of Coor's Silver Bullet in Puerto Rico)
November 7, 1991... An intense summer of promotional campaigns, grass-roots activities and mass product sampling is paying off for Coors and Coors Light in Puerto Rico. Only 60 days after the product was launched on the local market, V. Suarez & Co. Inc., Coors'...

MFP & W creates, produces new Goya TV spot. (Marti, Flores, Prieto and Wachtel's television advertisement for Goya Foods Inc.'s new rice products)
November 7, 1991... Goya Foods Inc. will begin airing a new television commercial created and produced by Marti, Flores, Pieto & Wachtel (MFP&W). The commercial, taped two weeks ago at Sono Films, will introduce a new line of pre-seasoned rice products in Puerto...

The 200 proud and strong. (Puerto Rico's top companies in terms of revenues) (Editorial)
November 7, 1991... The Caribbean Business Top 200, our fourth annual ranking of the 200 largest locally owned companies in Puerto Rico, is published in this issue. It is graphic evidence of the vitality and entrepreneurship of local businesspeople. This...

Fed allows key interest rate to drop. (Federal Reserve Board)(National Business News)
November 7, 1991... The U.S. central bank, the Federal Reserve Board, allowed a key interest rate to slip on Wednesday last week, in a move analysts generally viewed as an additional effort to prod the nation's weak economy. The Fed does not announce changes in...

GNP grows; consumer confidence falls. (U.S. gross national product reports)(National Business News)
November 7, 1991... Increased consumer spending and other factors brought growth of the U.S. real gross national product (GNP) during the third quarter, following three straight quarters of decline. However, consumer confidence, as measured by the Consumer...

First Fidelity jumps gun, cuts prime. (First Fidelity Bancorp. reduces prime lending rate)(National Business News)
November 7, 1991... First Fidelity Bancorp reduced its prime lending rate by one-quarter of a percentage point, effective Wednesday last week, to 7.75%. The prime lending rate is the interest rate which banks charge favored small-to-medium-sized-business...

Time Warner enters Toshiba, Itoh deal. (C. Itoh and Co. America Inc.)
November 7, 1991... Time Warner Inc. agreed to sell a 12.5% stake in its cable, HBO and film businesses for $1 billion to two Japanese concerns, Toshiba Corp. and C. Itoh & Co. The deal also gives the two Japanese firms 50% ownership of Time Warner's Japan-based...

Jobless aid-extension talks slated. (talks on compensation bill for the unemployed)(National Business News)
November 7, 1991... U.S. House Minority Leader Robert Michel (R., Ill.) last week invited congressional Democrats to begin talks aimed at reaching a compromise on legislation to extend the basic 26 weeks of state-provided jobless compensation for unemployed...

Senator criticizes decision to cease water fluoridation. (Hector O'Neill; water fluoridation in Puerto Rico)
November 7, 1991... The Commonwealth government's decision to cease water fluoridation without informing the public, allegedly in order to save $1 million annually, was sharply criticized last week by Sen. Hector O'Neill, of the pro-statehood New Progressive...

Bus drivers' union reaches agreement with bus authority. (Tuama; Metropolitan Bus Authority of Puerto Rico)
November 7, 1991... The Metropolitan Bus Authority (MBA) and members of its workers' union, known by its Spanish-language acronym Tuama, reached an agreement last week which formally ended a massive four-day work slowdown that began when the highly touted Metrobus...

Ports Authority considers sites for Olympic town.
November 7, 1991... Possible sites for an Olympic Village for the 2004 Olympic Games in Puerto Rico are being studied by Ports Authority Executive Director Jose Buitrago and his staff. Buitrago indicated an 80-acre area in the Isla Grande port zone is being...

Lawmakers approve various measures on courts, judges.
November 7, 1991... A revised system for evaluating judgeship appointments, reorganization of the courts, and salary hikes for judges were approved in swift action by both houses of the Commonwealth Legislature late last week. The measure concerning...

P.R. officials had advance knowledge of coca experiment. (Puerto Rico)
November 7, 1991... Commonwealth officials were informed in advance of the U.S. Agriculture Depatment's plans to conduct experiments in Puerto Rico with herbicides and coca plants, according to an internal Agriculture Department memorandum made public last week....

Jafer is one of island's fastest-growing construction firms. (Jafer Construction, S.E., Puerto Rico)(Special Section: The Caribbean Business 200)
November 7, 1991... No. 10 Union Street, near the top of the hill in Santa Paula, Guaynabo, has changed somewhat. Three years ago, it was a city-style home in a country-type setting. Today, there is more parking; what used to be the dining room is a new...

Ponce Federal Bank leads Ponce's list of largest local firms. (Ponce Federal Bank FSB, Ponce, Puerto Rico)(Special Section: The Caribbean Business 200)
November 7, 1991... All seven of the 1991 largest locally owned companies in the Ponce area were on the CARIBBEAN BUSINESS Top 200 list last year, as well. In all, these companies reported a 1990 gross sales of $314.9 million and total employment of 1,760....

5 largest locally owned firms had gross sales of $1.7B in '90. (Puerto Rican firms)(Special Section: The Caribbean Business 200)
November 7, 1991... The five largest locally owned companies on the island in the CARIBBEAN BUSINESS Top 200 1991 survey are engaged in basic commercial activities: banking, food distribution, retail food chains, and health insurance. The 1991 first five were...

Fastest-growing companies ranking based on increase in sales. (Puerto Rico)(Special Section: The Caribbean Business 200)
November 7, 1991... Three general contractors, an auto dealership, and an insurance company rank as the five fastest-growing locally owned companies in Puerto Rico, according to information supplied by the companies on the 1991 CARIBBEAN BUSINESS 200. Growth is...

Department store chain Topeka in top 50 of local companies. (Topeka Group Inc., Puerto Rico)(Special Section: The Caribbean Business 200)
November 7, 1991... When Julio Estrella and his three partners established the frist Topeka store on Loiza Street they never projected that 25 years later it would become one of Puerto Rico's ten largest department store chains. It is one of the largest locally...

7 largest locally owned firms in Mayaguez had sales of $380M. (gross sales of the top companies in Mayaguez, Puerto Rico)(Special Section: The Caribbean Business 200)
November 7, 1991... The seven largest locally owned companies in the Mayaguez area reported gross sales for 1990 of $380 million and a payroll of 2,715 employees. That puts the Mayaguez area ahead of the top seven in the Ponce area, where 1990 gross sales...

Waste pulping systems reduce volume of garbage and save money. (Hobart Corp.'s waste processors)(Special Section: Waste Management )
November 7, 1991... Waste disposal and its impact upon the environment is an issue that can no longer be neglected. Environmental experts claim that if we don't solve this problem soon, by the next century we will be literally overwhelmed by our own garbage....

1st phase of recycling program begins for government agencies. (conduct of seminars on recycling)(Special Section: Waste Management)
November 7, 1991... The Solid Waste Management Authority (SWMA) has begun the recycling education process for government agencies, which is the first phase of their recycling program. The program has been enacted under an executive order signed by Gov. Rafael...

Population growth in Puerto Rico will ring up a boom for retailers.
November 14, 1991... According to 1990 census figures, Puerto Rico's population grew 10.2% during the last decade to 3,522,037 people from 3,196,520 people counted in 1980. At present, the total population of Puerto Rico is estimated at 3.6 million or 12.5% more...

Wal-Mart signs for 60 acres at El Comandante. (Wal-Mart Stores Inc.; Carolina, Puerto Rico)
November 14, 1991... Wal-Mart, the largest retailer in the U.S., with $32.6 billion in sales in 1990, has signed an option with Land Development Associates S.E. to purchase 60 acres of land at the old El Comandante site in Carolina. Wal-Mart has also put down a...

GDB approves loan for Crowne Plaza Hotel. (Government Development Bank of Puerto Rico)
November 14, 1991... H.I. Development Corp. has received approval from the Government Development Bank for Puerto Rico (GDB) for a loan which will help put the finishing touches on the new Holiday Inn Crowne Plaza in Isla Verde, according to information received by...

Navieras to undergo major reorganization. (Navieras de Puerto Rico, government-owned shipping comapny)
November 14, 1991... Puerto Rico Maritime Shipping Authority (PRMSA), the Commonwealth government-owned shipping company Navieras de Puerto Rico, and its operating arm, Puerto Rico Marine Management Inc. (PRMMI), are scheduled to undergo a major reorganization in...

Payless plans to buy La Gloria shoe chain. (Payless Shoe Source Inc., largest shoe discounter in the U.S.)
November 14, 1991... Payless Shoe Source Inc. is said to be negotiating with Mayaguez-based La Gloria to acquire the assets of the 29-store shoe retailer. Payless, a division of the St. Louis-based May Department Store Co., is the largest shoe discounter on the...

Cantalapiedra reportedly moving Miami. (Benito Cantalapiedra, Banco Santander official)
November 14, 1991... Benito Cantalapiedra, architect of Banco Santander's extraordinary growth in Puerto Rico in recent years, will be transferred to Miami in January to direct the bank's operations in the Western Hemisphere, according to a high-ranking source...

Merck announces $90M expansion in Arecibo. (Merck, Sharp and Dohme Quimica of Puerto Rico Inc., pharmaceutical company; Puerto Rico)
November 14, 1991... Merck Sharp & Dohme quimica of Puerto Rico Inc. is expected to announce this week details of plans to invest $90 million over the next two years to remodel its newly acquired pharmaceutical manufacturing plant in Arecibo. The renovation of...

Special partnership law delayed until '92. (bill to amend Puerto Rico's 1985 special partnership law)
November 14, 1991... CARIBBEAN BUSINESS has learned that the bill to amend Puerto Rico's 1985 special partnership law will not be considered by the Commonwealth Legislature until next year. Debate on the measure got as far as a House-Senate conference...

November is Puerto Rico Products Month.
November 14, 1991... In an effort to increase awareness and purchases of locally manufactured goods, November has been designated "Puerto Rico Products Month" by the Commonwealth Economic Development Administration (Fomento) and two important local industry...

Local banks assess damage of reform defeat. (federal banking reform legislation)
November 14, 1991... The dust is still settling in the wake of last week's vote in the U.S. House of Representatives that defeated the pending federal banking reform legislation, with industry members in Puerto Rico and stateside now assessing the damage. The...

GNMAs affected by drop in interest rates. (Government National Mortgage Association mortgage-backed securities)
November 14, 1991... The drop in interest rates experienced of late by financial markets nationwide has finally struck the market for new GNMA mortgage-backed securities in Puerto Rico. However, while the yield on some local GNMAs has fallen from 8% to 7.5%, the...

NASA to donate to pre-engineering. (National Aeronautics and Space Administration; pre-engineering program at the University of Turabo) (Brief Article)
November 14, 1991... The National Administration of Space and Aeronautics (NASA) approved a proposal to donate $110,000 to the Ana G. Mendez university system to install a pre-engineering program at the University of Turabo (UT). The project, dubbed...

Travel Network adds Ponce office. (Puerto Rico's second-largest chain of travel agencies) (Brief Article)
November 14, 1991... Travel Network, the island's second-largest chain of travel agencies and representative of American Express services in Puerto Rico, is expanding its services in the southern city of Ponce. According to Vanessa Gonzalez, general manager of...

Palmas Del Mar names manager. (Humacao resort; Gary K. Rosenberg) (Brief Article)
November 14, 1991... Gary K. Rosenberg has been appointed general manager of the Palmas del Mar resort in Humacao. The resort is managed by the Dallas-based Club Resorts Inc. "We are enthusiastic about Gary's joining our executive management team," said...

Hotels see 10th month of low occupancy. (Puerto Rico's hotel industry)
November 14, 1991... Puerto Rico's hotel industry reported the tenth consecutive month of declining occupancy rates. According to figures released by the Puerto Rico Tourism Company, hotel occupancy rates for October closed with an average drop of 10.3%, compared...

Ambassador Plaza promotes 84-room tower. (Ambassador Plaza Hotel and Casino, Condado)
November 14, 1991... The Ambassador Plaza Hotel & Casino, in Condado, has launched an introductory grand opening offer intended to attract guests to the recently completed 84 room all-suite tower. During its opening special, the Ambassador Plaza is offering suites...

Architects assembly theme: women's roles. (25th annual assembly of the American Institute of Architects; Women's Roles in Architecture)
November 14, 1991... The American Institute of Architects (AIA) Puerto Rico Chapter begins its 25th annual assembly today, Nov. 14. The assembly lasts through Nov. 17. This year's theme is "Women's Roles in Architecture," according to Beatriz del Cueto,...

Motorola debuts emergency dispatch system. (Motorola Inc.; Centralink E911 system, emergency telephone reporting system)
November 14, 1991... Motorola recently introduced the Centralink E911 system, an emergency dispatch system designed for public safety answering points of any size. The 911 emergency program is a number that, when dialed, will be connected with a center that will...

A message from the secretary of agriculture. (Alfonso L. Davila Silva; Empresas Picu's contribution to the development of Puerto Rico's poultry industry)(Argi-Fair)
November 14, 1991... When we celebrate agricultural fairs in Puerto Rico, we are rejoicing over the achievement of years of dedication and effort. This Agroferia Picu is a symbol of such achievement. Farmers and agriculture-related businesspeople are those who...

Coamo Agri-fair to feature educational, cultural activities. (Empresas Picu's Agroferia Picu de Coamo)(Agri-Fair)
November 14, 1991... One of Empresas Picu's most desirable goals is to see their agricultural fair, "Agroferia Picu de Coamo," turn into an awaited national event. This goal might be fast approaching. With the array of exhibitions, musical shows, cooking...

Schering Plough chooses McCann-Erickson. (Schering Plough Corp.'s advertising contract with McCann-Erickson Inc.)
November 14, 1991... The McCann-Erickson ad agency has landed the $600,000 Schering-Plough account. The agency will create the pharmaceutical firm's promotions, advertising and public relations for 1992. McCann-Erickson will market several of Schering-Plough's...

Manpower sets up Hato Rey headquarters. (Manpower Inc., employment agency)
November 14, 1991... Manpower recently moved to its new office on the ground floor of the former Banco de Ponce building in Hato Rey. According to Beba Franco de Baco, Caribbean manager of Manpower, this new location has allowed the firm to integrate other...

High-tech firms pay employee benefits. (survey conducted by the Wyatt Company for the Computer Manufacturing Consortium of Puerto Rico) (Brief Article)
November 14, 1991... High-tech companies in Puerto Rico commit a substantial part of their resources to employee benefits, according to a survey conducted by the Wyatt Company for the Computer Manufacturing Consortium of Puerto Rico. This survey included major...

Compendium receives award. (Compendium Inc., human resources services firm) (Brief Article)
November 14, 1991... Ivan Cruz, president of Compendium Inc. was recently granted the International Award for Commercial Prestige presented by Editorial Office, publisher of Meralco Mundial magazine and the Trade Leaders Club, an international organization of...

PRATS represents temps firms. (Puerto Rico Association of Temporary Services) (Brief Article)
November 14, 1991... The Puerto Rico Association of Temporary Services (PRATS), which represents about 80% of all national and international firms engaged in providing temporary personnel services, continues to work in harmonizing the public policy, business and...

Polaroid launches digital ID card system. (ID-2000 Digital Security and Identifications System)
November 14, 1991... Polaroid recently introduced the ID-2000 Digital Security and Identifications System, a new digital system that produces identification cards and stores their information in a database. According to Doris Padro, general manager of Polaroid...

IBM offers solutions for AS/400 systems. (expansion of the Application System/400 family with the new DO2 AS/400 computer and Plug'N'Go Solutions)
November 14, 1991... IBM recently announced the expansion of its Application System/400 family (AS/400) with the introduction of the new DO2 AS/400 computer and Plug'N'Go Solutions. The new application for the AS/400 system include government accounting,...

Here's how to bring out the best in home theater sound system.
November 14, 1991... Imagine that you have just purchased a home theater sound system. As you are driving home, all you can think about is how much more you will enjoy the action-thriller genre, with all those three-dimensional sound effects blasting through your...

Date set for Woolworth pre-trial conference; Empresas Puertorriquenas de Desarrollo and Woolworth to draft March 15 pre-trial order over $12M lawsuit. (F.W. Woolworth Co.; managing compny of Mayaguez Mall)
November 14, 1991... Jose A. Fuste, judge of the U.S. District Court for the District of Puerto Rico, has set a March date for a pre-trial conference in the case of Empresas Puertorriquenas de Desarrolo Inc., managing company of Mayaguez Mall, versus F.W. Woolworth...

TGI Friday slated for December opening. (TGI Friday's Inc., restaurant chain)
November 14, 1991... TGI Friday will open its first restaurant on the island during the second week of December, once the $2 million remodeling and expansion of the Caparra location has been completed. According to Jorge Colon Gerena, vice president of 21st...

Salvador Dali line debuts in P.R. (French perfume and cosmetic line; Puerto Rico)
November 14, 1991... The French perfume and cosmetic line -- Salvador Dali -- has been introduced in Puerto Rico. Initially, the new line will only be available at Velasco in Plaza Las Americas, however it will eventually be sold in several stores targeting the...

Blue Cross takes dispute to Supreme Court. (dispute on pharmacy service contract between Blue Cross of Puerto Rico and Farmacias Moscoso)
November 14, 1991... Blue Cross of Puerto Rico has terminated its pharmacy service contract with the 37-store Farmacias Moscoso Inc. drugstore chain. The insurer has also appealed in the Puerto Rico Supreme Court a lower court judge's decision in favor of...

Industrial supplies sector includes wide range of activities. (Puerto Rico's industrial supplies distributors also engage in retail and wholesale trade)(Electrical Supplies)
November 14, 1991... The industrial supplies economic sector contains a wide range of activities. It includes everything needed to keep industry running. Among these activities are packaging supplies manufacturers and distributors, electrical materials...

Roger Electric Co. to celebrate 20th anniversary in December. (largest locally owned electrical supplies company in Puerto Rico)(Industrial Supplies)
November 14, 1991... Twenty years ago, Dec. 10, 1971, at 7 a.m., Roque A. Rivera and his partner, Carlos E. Rivera, also his nephew, opened the doors of a small building at 123 Atenas Street in Forest Hills in Bayamon and walked into a prosperous future. It...

Predictive maintenance in plants lessens production downtime. (Cortes Industrial Organization Inc.'s predictive maintenance program)(Industrial Supplies)
November 14, 1991... Not too long ago, a Cortes Industrial Organization predictive maintenance technician pointed out to a client, the Virgin Islands Alumina Co. in St. Croix (formerly Martin Marietta), that one of its machines had an increasing trend in excessive...

PVC has been used in pipes, fittings and valves for 30 years. (polyvinyl chloride)(Industrial Supplies)
November 14, 1991... PVC (polyvinyl chloride) is a plastic which has been used in the piping industry for pipes, fittings and valves for 30 years. It can be used with acids, alkalis, salt solutions, alcohols and many other chemicals. It does not corrode and...

Industrial Rubber & Mechanics has variety of conveyor systems. (Industrial Rubber and Mechanics Inc.)(Industrial Supplies)
November 14, 1991... Probably the best-known conveyor system on the island is that of Bacardi's rum bottling operation in Catano which is seen by hundreds of visitors every day. From the viewing deck, bottles are seen being filled, capped and moved along to...