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An Indispensable

Marketing, Purchasing
& Research Tool
Vital Information & Statistics of Puerto Rico
Information on Thousands of Top Companies
Ranking Charts of Over 120 Industries
Top 400 Locally Owned Companies

$16.95

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BOL_IFC.indd IFC1 1/12/17 3:04:16 PM
BOL_1.indd 1 12/15/16 5:07:06 PM
TABLE OF CONTENTS

Puerto Rico Market Facts Construction


Puerto Rico in Brief . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Architectural Services Firms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88
Highest-Paying Occupations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 Construction Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90
Incentives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19 Construction Equipment Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .91
Occupational Employment & Wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 Construction Management Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93
Oldest Companies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 Construction Materials Suppliers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92
P.R.’s Public Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 Electrical and/or Mechanical Contractors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94
Private-Sector Employers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 Electrical Materials Suppliers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95
Trade Associations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 Engineering Firms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87
Types of Businesses in P.R. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 Structural Steel Erectors & Fabricators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98
U.S. Public Companies in P.R. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
Education
Top 400 Private Schools . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104
Top 400 Review. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Technical Institutes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 108
Top 400 Locally Owned Companies Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Universities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .110
Top 400 Locally Owned Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
100 Fastest-Growing Locally Owned Companies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 Green Industry
Family-Owned Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 Agribusiness Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115
Women-Owned Businesses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 Environmental Firms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116
Landscaping Services Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118
Banking & Finance Recycling Companies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 117
Commercial Banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .61 Renewable Energy Products & Services Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 114
Credit Unions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 Waste Disposal Firms. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119
Mortgage Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64
Small Business Lenders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65 Finance
Auto Financing Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60
Communications Personal Finance Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65
Cellphone Users Worldwide . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71 Securities Brokerage Firms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66
Cellular Network Communications Carriers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72
Fixed Telephone Users Worldwide . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71 Health
Long-Distance Telephone Companies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 72 Clinical Laboratories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124
Telecommunications Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74 Private Hospitals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126
Public Hospitals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125
Computers & Technology
Information Systems Consulting Firms. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76 Insurance
Internet Service Providers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 Automobile Insurers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .137
Internet Users in the Americas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82 Foreign Life Insurers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .137
Printer & Scanner Distributors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .81 Health Insurance Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 130
Systems-Integration Firms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 Insurance Brokers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 135
Local Life Insurance Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132
Property & Casualty Insurance Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 136

2 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_2-3.indd 2 1/27/17 9:38 AM


TABLE OF CONTENTS

Management Consulting Firms. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .172


Manufacturing Market Research Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .173
Beverage Products Manufacturers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143 Office Design Stores . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 171
Electrical Equipment & Components Manufacturers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 142 Outdoor-Advertising Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .178
Food Products Manufacturers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 144 Public Relations Firms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .174
Packaging Component Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 145 Security Guard Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .179
Pharmaceutical Manufacturers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .147 Security Systems & Services Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 181
Plastics Manufacturers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146 Telemarketing & Contact Centers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .178
Surgical & Medical Devices Manufacturers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 141 Temporary Employment Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 168
Top Local Manufacturers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 140 Validation & Regulatory Compliance Services Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 183
Window & Door Manufacturers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 148

Media Tourism & Leisure


Auto Rental Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 186
AM Radio Networks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68 Convention & Meeting Facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 188
FM Radio Stations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 Hotels . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 190
Newspapers-Daily . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70 Marinas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 192
Newspapers-Weekly . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70 Paradores . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 193
TV Stations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68 Passenger Airlines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 194

Real Estate Transportation


Commercial Real-Estate Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100 Busiest Roads . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 207
Office Buildings in San Juan Metro Area . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 Cargo Airlines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 207
Office Building Management Companies in San Juan Metro Area . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96 Cargo Shipping Agents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 198
Residential Real-Estate Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 Customs Brokers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 201
Shopping Center Management Companies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89 Moving Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 203
Freight Consolidators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200
Retail Ocean Cargo Carriers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 199
Apparel Retail Chains-Locally Owned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151 Trucking Companies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 204
Auto Dealers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 153 Warehousing & Storage Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 206
General Merchandise Stores . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 152
Home Furniture Stores . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 158 Wholesale
Office Supplies & Equipment Stores . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 154 Air Conditioner Distributors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 210
Pharmacies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 155 Auto Wholesalers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 212
Restaurant Franchise Operators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 156 Beverage Products Distributors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 212
Shopping Centers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .157 Chemical Distributors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 213
Supermarkets and Cash & Carries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 158 Electric Generators Distributors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 214
Top 20 Retailers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150 Food Products Distributors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 215
Food Service Distributors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 216
Services Petroleum Products Wholesalers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 216
Accounting Firms. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163 Top 20 Wholesalers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .217
Advertising Agencies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .175
Collection Service Agencies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165 Advertisers Index ....................................................................................................................... 6
Commercial Printers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 166
Executive Search Companies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .167 Company Index ......................................................................................................................... 218
Law Firms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 169

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 3

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BOL_4 4 1/12/17 5:22:05 PM
Fuller Group Offering Integrated
Customized Facility Management
& Outsourcing Solutions
Mil
lion11
Sq.
ft. r
p 20 ecto
To te S
r iva
P

FULLER GROUP FACTS 400 ing


Among 400 Leading Companies e a d ies
L pan
in Puerto Rico
Com
Top 20 Private Sector Employer

Provide Facility Services to over


11 million sq ft

Experience the FULLER DIFFERENCE Fuller Group is a conglomerate of compa-


All our business solutions are supported by a unique nies providing integrated facility manage-
innovative and comprehensive quality and support structure ment services, outsourcing solutions and
Industrial & commercial facility management services products to business and consumers in
and human resource outsourcing. Antilles Services is Business Intelligence Unit Puerto Rico for more than 40 years. We have
the evolution of Antilles Cleaning Services because Assures continuous improvement in all our services evolved our businesses and services to con-
after 42 years in business we offer much more than through process efficiency, optimization, cost avoidance and sistently meet our clients’ needs, regulatory
just cleaning services. cost reduction. requirements and high quality expectations

Quality Control • Services


Establishes and measures quality standards, complying • Housekeeping
Specialized in Healthcare facility maintenance, with regulatory requirements, develops and implements • Landscaping
guaranteeing a pure and healthy environment. training programs (human resources, operational techniques • Pest Control
Our integrated maintenance department includes: and safety issues), conducts service audits and client • Handy Persons
administration specialized equipment, quality control, satisfaction surveys. • Lab Assistants
specialized personnel, green cleaning, • Security
training & regulatory compliance. Expertise • Passenger Services
With over 40 years in Puerto Rico and member of Industry • Recycling Logistics
organization (ISSA, BSCAI, IFMA, NPMA, Planet, PRPCA). • Foreclosed Property Maintenance
Skilled personnel through Fuller Training Institute, & Sales
Offers Landscaping, Pest Control, Have Category Managers experts in their industry and • Post Construction Cleaning
and Handy Persons Services. regulatory regulations. • Engineering
• Moving Services
Fuller Plus • Painting
Employee motivation and Incentive program. • Temporary Labor
• Hygiene Services
Distribution of high quality janitorial products, • Mail Delivery
Inhouse Safety Officer
paper products and specialized equipment for
Implement a robust safety program, train employees to • Laundry
industrial and residential customers.
ensure compliance with safety regulations and certify • Payroll
harmless work areas. • HR Outsourcing
• Material Handling & Logistics
Logistics & Fuller Repair Shop
An Asset Conservation Management company Delivery of products, materials and equipment islandwide. 787-788-8080
providing maintenance and post construction Equipment and maintenance repair through factory-trained PO Box 362617 San Juan, PR 00936-2617
cleaning services to foreclosed properties. mechanics assuring machine uptime www.fullergrouppr.com

BOL_5.indd 5 1/26/17 5:31:14 PM


ADVERTISERS’ INDEX
COMPANY PAGE(S) COMPANY PAGE(S) COMPANY PAGE(S)

A-B EDP University .......................................................................43 Néstor Reyes Inc. (NRI) ....................................................201


Empresas Santana (Wyndham Garden at Newmark Grubb Caribbean ...............................................84
Academia María Reina .......................................................103
Palmas del Mar/Four Points by Sheraton/ Oasis Financial Services ........................................................65
Adecco Personnel Services Inc. ........................................ 51
by Wyndham) ....................................................................184 Oldach (Midea) ...................................................................211
ADT Security Services........................................................180
Equipos Pro Impedidos.......................................................121 Olympic Agency Insurance ................................................134
Advantage Self Storage Inc. ................................................ 38
Escalate Sciences, Research, Training ...................... 41,182 On-Net ...........................................................82, Back Cover
AFD ........................................................................................171
Escuela Hotelera de San Juan ..........................................109 Oquendo Logistics Inc. .......................................................204
Air Master Awning LLC .....................................................148
Expressway Eco-Printing Solutions ....................................52
AIT Worldwide Logistics ................................................... 33
First Health Care (FHC) ...................................................131 P-R
AKM Industries ....................................................................142
First Medical Health Plan Inc. ...........................................130
American Military Academy (AMA) ................................107 Packaging Solutions Co. (Flexible Packaging) ................145
FPV & Galíndez PSC............................................................164
American School .................................................................102 PanAmerican Life Insurance Company
Fuller Group ............................................................................. 5
Andrew D. Carlson, a licensee of Jones of P.R. (Palig).......................................................................130
García Trucking Service Inc. (GTS) .................................205
Lang LaSalle (JLL) ...............................................................101 PAS Technologies ................................................................138
Genesis Security Services Inc. ................................32A, 180
Antilles Power .....................................................................192 PharmPix ................................................................................133
González Torres & Co. CSP (GT) ........................59, 132
AON .......................................................................................133 Prime Janitorial ......................................................................... 2
Gran Meliá Golf Resort Puerto Rico ..............................190
Arcadis Caribe PSC .............................................................116 PRO-Coating Treatments Inc. ............................................93
Graybar ...................................................................................95
AT&T ........................................................................................ 73 Professional Communications Inc. (PCI)..........................33
Atlantic University College................................................102 Property Concepts Commercial
I-L
Avis/Budget ..........................................................................187 (Cushman & Wakefield)...................................................100
Barroso Pumps ....................................................................... 34 IFCO Recycling Inc. .............................................................117 Quality Water Service ........................................................113
Boston Scientific ...................................................................141 Ikon Group ............................................................................131 Quest Diagnostics ...............................................................125
Innovative Solutions (iNSOL) .............................................76 Refricentro Inc......................................................................210
C-D Integrated Services for Productivity Renova Solutions ...................................................................45
Caparra Country Club .......................................................189 & Validation Inc. (ISPV) ....................................................182 Republic Services .................................................................118
Carestream ..........................................................................126 Inter American University of Puerto Rico (Inter) .......111 Retail Group (The) ................................................................57
Caribe Federal Credit Union ..............................................62 Interboro Systems Corp. .................................................. 32B Rimco Inc. ..............................................................................214
Casillas, Santiago & Torres LLC .....................................170 ITConsultantsPR (ITCPR) ....................................63, 79, 129 Robinson School ..................................................................105
CCM Puerto Rico (Hatillo Town Center) .............. 89, 97 Jaime Maduro Customs Brokers Rodríguez, Rivera & Toro PSC (RRT) ............................163
Cervecera de Puerto Rico ................................................... 3 & Freight Forwarders .......................................................198 Roma .......................................................................................151
Christiansen Commercial Real Estate ............................100 JCA (JC Automation) ..........................................................147
Chubb Insurance Co. of Puerto Rico (ACE) ................136 José G. Flores Inc. (JF) ........................................................202 S-Z
CIC Construction Group S.E. ...........................................8B Kelly Services ........................................................................168
Saint John’s School .............................................................107
Citibank N.A. (Citi) ...............................................................61 Kevane Grant Thornton LLP ............................................. 8A
Sistema Universitario Ana G. Méndez .............................. 1
Colegio San Ignacio de Loyola..........................................106 Laboratorios Borinquen .....................................................124
Softek Inc. ................................................................................78
Colegio San José ..................................................................104 Linde Gas Puerto Rico Inc. ...............................................213
SoftwareOne Puerto Rico & USVI ...................................77
Columbia Central University ............................................110 LPG Certified Public Accountants
Sprint ........................................................ Inside Front Cover
Commonwealth-Parkville School (CPS) .........................105 & Business Consultants ....................................................161
Starlight Advertising Specialties
Consolidated Waste Services Corp. (ConWaste) ........53
& Promotions Inc. ............................................................174
CooPACA................................................................................63 M-O
Stericycle ................................................................................128
CRB Caribe LLP ....................................................................86
Makko .......................................................................................35 Systronics ......................................................................81, 171
Crowe Horwath Vélez .......................................................162
MAM Group Realty .............................................................37 Technical Distributors Inc. ................................................208
CSCG Inc. ............................................................................138
Manatí y Mayagüez Medical Center ...............................127 Techno Plastics Industries Inc. (TPI) ...............................146
CT Radiology Complex Inc. .................................................. 8
Marsh Saldaña .......................................................................120 Telefónica Business Solutions .............................................74
Martin Brower (MB) ............................................................36 The Wave Hotel Condado................................................188
D-H
McConnell Valdés LLC ......................................................169 Thomas Alva Edison School .............................................109
Danosa...................................................................................... 39 MCS......................................................................................120A Triple-S Salud ................................................................... 120B
DHL Supply Chain ..............................................................197 Metro Pavía Health System ...............................................123 Universal Group....................................................................... 4
Double Tree by Hilton San Juan .....................................191 Molinos de Puerto Rico (Amapola) ...............................144 Veolia ......................................................................................119
Easy Payroll ............................................................................54 Myriad Benefits Inc. .............................................................134 Vidal & Rodríguez Insurance Brokers (V&R) ................135
Edge Legal Strategies PSC....................................................34 National Shipping of America ...........................................199 Yobel Supply Chain Management.....................................200

6 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_6.indd 6 2/9/17 4:17:19 PM


Publisher Editor in Chief
Miguel A. Ferrer Heiko Faass Editor’s Letter
Executive Editor
Francis E. López del Toro

EDITORIAL
Special Projects Researcher Marilda Quiñones del Castillo
Researcher, Industry & Commerce Ana D. Ortiz Dear Reader,
Researcher, Tourism & Leisure Ayleen Anqueira
It is with great pride that we present to you the 29th annual edition
SALES DEPARTMENT of the most reliable and complete source of information on the
Chief Sales Officer
leading companies in every industry in Puerto Rico.
Carlos J. Pérez
Tel. 787-728-3000 ext. 4775 Fax 787-268-5058
You will find in its contents information on over 1,500 of the largest
Account Managers Cheryl Lamboglia, companies, in more than 120 industry segments in Puerto Rico’s
Lizzette López business community, organized in 15 color coded user-friendly
sections. Segments listed are mostly ranked by annual revenue
Account Executives Elena Díaz, Jackeline Matos,
and include information such as company names, addresses, top
Michelle Ortiz
executives, amount of employees, phone & fax numbers and Internet
PRODUCTION DEPARTMENT addresses, among others.
Art Director/Head of Production Alvin Irizarry
Manager Blanca Santiago The Book of Lists begins with the Puerto Rico Market Facts section,
Prepress Manager Carlos Laboy featuring vital statistics from the island. Followed by the Top 400
Senior Graphic Artist Dennis J. Chaparro
Locally Owned Companies list, a barometer of the Puerto Rico
Commercial Graphic Artist Manny López
Scanning Supervisor Iván Ramírez economy for more than two decades.

This publication offers you information that would take you too much
effort to obtain elsewhere, saving you time and money. It is the most
referred to and widely used all-year-round business reference book in
Puerto Rico by local businesses, investors and companies considering
Chairman CEO our island and an indispensible resource for your marketing and sales
Miguel A. Ferrer Heiko Faass team.

Circulation Department Tel. 787-728-7670 Fax 787-728-0195 Our research team has worked intensively to make the lists
as complete, up-to-date and accurate as possible, based on the
Customer Service/Subscriptions
information provided by the companies themselves, as well as other
S.J. Metro Area: Tel. 787-728-8280 Toll-Free: 1-844-723-2351
Email: cservice@latinmediahouse.com sources. If you believe your company should be included in one of
our future lists, please feel free to contact me.
Editorial: Tel. (787) 728-9300 Fax (787) 268-2280
Sales: Tel. (787) 728-1240 Fax (787) 268-5058 We thank you for your continued support as we look forward to
Sales Email: sales@latinmediahouse.com fulfill our commitment of satisfying your business information needs.
Price: $16.95

Copyright © 2017 Latin Media House LLC


Registered in U.S. Patent and Trademark Office (ISBN: 0-945579-63-2)
No part of this publication may be reproduced, stored in any retrieval system
or transmitted in any form or by means electronic, mechanical photocopying,
recording or otherwise, without prior written permission of the publisher,
Latin Media House LLC. ALL RIGHTS RESERVED
Francis E. López del Toro
The Book of Lists is published annually by Latin Media House LLC
Executive Editor
1700 Fernández Juncos Ave., San Juan, Puerto Rico 00909-2938

It is the policy of Latin Media House LLC to promptly correct and clarify
any error or misleading information that may appear in this publication.
To correct any error or request clarification, please call (787) 728-3000 ext. 3593.

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 7

BOL_7.indd 7 2/9/17 4:10:47 PM


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BOL_8.indd 8 1/20/17 10:40:37 AM


P.R. MARKET FACTS

BOL_8A.indd A8 1/26/17 11:54:06 AM


P.R. MARKET FACTS

BOL_8B.indd 1 1/26/17 11:54:22 AM


Puerto Rico
Facts
Market Facts Atlantic Ocean

Official Name:
Commonwealth of Puerto Rico
(July 25, 1952)
Became a U.S. territory in 1898
Total Area: Caribbean Sea
5,324.8 Sq. miles

Capital: San Juan Economics (FY 2015) Tourism (FY 2016)


Currency: U.S. Dollar Gross Domestic Product Total Registrations
Nationality: U.S. Citizens (in current dollars): $102,906.0 million Hotels & Inns 2,644,808
Government: Democratic system of Gross National Product Nonresidents 1,792,143
elections every four years (in current dollars): $68,520.6 million United States & Canada 1,615,873
Ruling Party: (NPP) GNP per Capita: $19,549 International Markets 123,579
Time Zone: Atlantic Standard Time;
GNP Growth (constant): -0.6% Caribbean 33,844
Greenwich Mean Time -4
Inflation: -0.3% Latin America 35,762
Area Codes: 787, 939
Unemployment: 12% (FY 2016) Europe 44,719
Bankruptcies: 10,724 (FY 2016) Other Countries 9,254
The People: Others* 52,691
Ethnicity: Hispanic/Puerto Rican Preliminary figures
Residents 852,665
Official Languages: Spanish/English *Includes crew members
Population: 3,411,307 (2016 Estimate) Occupancy 70.4%
People per sq. mile: 996.4 (2016 Estimate) Main Trading Total Room Nights Occupied 3,469,868
People per sq. mile: 1,088.2 (2010 Census) Partners (FY 2016) Total Room Nights Available 4,931,967
Country Exports Imports Preliminary figures
Climate: (In Thousands $) (In Thousands $) Source: Puerto Rico Tourism Co.

Average High 90 94 93 91 Austria 1,112,273.4 7,659.9 Politics


Temperature (ºF) Belgium 4,375,298.9 841,418.2 Next Elections: November 2020
Average Low 71 75 75 73 Brazil 124,948.5 797,760.1 Head of Government: Gov. Ricardo Rosselló Nevares
Temperature (ºF) Percentage of votes cast elections (2016)
China 849,300.2 748,313.6
Average 3.2 1.9 3.9 4.7
Dominican NPP New Progressive Party 41.76%
Precipitation (in.)
Republic 548,962.4 441,113.1 PDP Popular Democratic Party 38.92%
Jan.-Mar. Apr.-Jun. Jul.-Sept. Oct.-Dec. NPA Non-Party Affiliated:
France 494,112.7 183,742.4
Germany 284,760.5 276,134.1 Alexandra Lúgaro 11.12%
Transportation: Manuel Cidre 5.73%
Passenger Movement (FY 2015) Ireland 142,618.1 5,183,036.9
PIP Puerto Rican Independence Party 2.13%
LMM Int’l Airport: 9.01 million passengers Italy 1,210,903.2 275,487.9
(inbound/outbound) WPP Working People’s Party 0.34%
Japan 891,219.7 386,901.7
Senate:
San Juan Port: 1.33 million cruiseship passengers Mexico 276,409.4 500,467.2 NPP New Progressive Party 21
Cargo Movement (FY 2016) Netherlands 2,478,316.3 312,037.2 PDP Popular Democratic Party 7
LMM Int’l Airport: 1,100.48 million magtow lbs.* Singapore 643,926.9 3,702,781.4 PIP Puerto Rican Independence Party 1
Regional Airports: 166.70 million lbs. Spain 1,170,082.5 200,505.5 NPA José Antonio Vargas Vidot 1
San Juan Port: 7.01 million short tons** Switzerland 76,361.9 653,732.7 Total Members: 30
* Magtow = maximum gross takeoff weight United 653,727.5 346,299.2 House of Representatives:
** Short ton = 2,000 pounds NPP New Progressive Party 34
Kingdom
Island Transportation Network United States 54,592,537.6 24,076,175.7 PDP Popular Democratic Party 16
Commonwealth System Roads: 7,752.15 km. Other Countries 1,930,311.9 4,386,500.1 PIP Puerto Rican Independence Party 1
Highways: 301.8 km. Expressways: 224.7 km. TOTAL 71,856,071.8 43,320,066.7 Total Members: 51
Municipal System Roads: 28,024.85 km. Source: Puerto Rico Planning Board

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 9

BOL_9-10.indd 9 1/25/17 5:47:23 PM


Average Family Income
In Current Dollars
(Fiscal Years) Bankruptcies
2015 P
55,042 Fiscal Years 2014 2015 2016
2014 R Chapter 7 4,159 4,163 4,486
53,248
Chapter 11 208 150 278
2013 R 55,035 Chapter 12 27 17 23
Chapter 13 6,622 5,991 5,937
2012 R 52,749
Total 11,016 10,321 10,724
2011 R 51,258
Source: United States Bankruptcy Court, Puerto Rico District

0 $35,000 $40,000 $45,000 $50,000 $55,000


P - Preliminary figures R - Revised figures
Personal Consumption Expenditures
Source: Puerto Rico Planning Board In Millions of Dollars
Fiscal Years 2013R 2014R 2015 P
Government Consumption Expenditures Business Services 2,733.7 2,609.1 2,701.3
In Millions of Dollars Clothing & Accessories 3,833.3 3,637.6 3,544.8
(Fiscal Years)
2015 P
Food 9,534.9 9,586.0 9,412.6
9,189.8
Household Operations 7,504.6 7,333.9 7,649.8
2014 R 10,946.0 Housing 9,978.5 10,218.7 10,717.1
Medical & Funeral Services 11,608.7 11,497.2 12,540.6
2013 R 10,589.4 Recreation 4,906.4 5,029.5 4,871.8
2012 10,794.6 Transportation 7,968.8 7,847.0 6,683.2
P - Preliminary figures
2011 10.506.6 R - Revised figures
Source: Puerto Rico Planning Board

0 $7,000 $8,000 $9,000 $10,000 $11,000


P - Preliminary figures R - Revised figures
Source: Puerto Rico Planning Board
GDP by Industrial Sector
Agricultural Gross Income In Millions of Dollars
In Millions of Dollars Fiscal Years 2013R 2014R 2015P
(Fiscal Years) Construction 1,216.1 1,080.8 1,051.1
2015 P 946.8 Finance & Insurance 5,758.3 4,755.3 5,438.8
Government 8,237.5 7,825.1 7,266.9
2014 R 965.4
Healthcare & Social Services 3,606.2 3,694.8 3,817.6
2013 R 781.5 Information 2,330.7 2,334.2 2,408.3
Manufacturing 47,580.9 47,714.6 48,309.8
2012 R 739.2
Real Estate & Rental 15,426.3 15,832.5 16,042.0
2011 R 778.9 Retail 4,963.3 5,018.5 4,952.5
Wholesale 2,662.3 2,710.1 2,720.4
0 $300 $400 $500 $600 $700 $800 $900 P - Preliminary figures
R - Revised Figures
P - Preliminary figures R - Revised figures Source: Puerto Rico Planning Board
Source: Puerto Rico Department of Agriculture

Total Retail Sales Petroleum Imports


In Millions of Dollars Average Price Per Barrel in Dollars
(Fiscal Years)
Fiscal Years 2014 2015 2016
37,293.4
2016 Diesel 126.4 97.6 55.3
2015 R
38,274.0 Fuel Oils 105.6 75.0 41.3
38,547.7 Gasoline 118.8 87.0 59.1
2014 R
Kerosene 126.2 96.0 57.3
2013 36,197.7
Motor Fuel 112.8 88.8 67.1
2012 R 35,897.8 Source: Puerto Rico Planning Board

2011 34,874.9
0 $20,000 $25,000 $30,000 $35,000 $40,000
R - Revised figures
Source: Puerto Rico Planning Board

10 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_9-10.indd 10 1/25/17 5:47:30 PM


PLACES OF INTEREST EDUCATION HEALTH
(Academic Year 2015-16) Life
SAN JUAN Hacienda Buena Vista, Ponce No. of Students Registered (2015)
Fort San Cristóbal 787-722-5882 - Tour around the Private Sector Births 31,229
787-729-6754 - The largest fort built facilities of a coffee plantation built in Schools 142,235* Deaths 28,335
by the Spanish covering 27 acres. the 19th century. Universities 137,893
Fort San Felipe del Morro Ponce Historic Firehouse Technical Institutes 29,973 Main Causes of Death
787-729-6754 - One of the largest 787-284-3338 - Building that served
as the headquarters for firefighters in 1. Cancer
historical forts in the Caribbean. Public Sector
La Fortaleza Ponce from 1883 to 1989. Schools 379,818 2. Cardiovascular Diseases
787-721-7000 - Historical palace Ponce Museum of Art Universities 62,408 3. Diabetes Mellitus
where the governor resides. 787-840-1510 - A collection of more Technical Institutes 2,796
than 4,500 works of European, Puerto Hospitals & Doctors
Puerto Rico Museum of Art Rican and Latin American art.
787-977-6277 - A collection of art- No. of Institutions (2016)
works from the 17th century to present. Serrallés Castle Museum, Ponce Private Sector Private Hospitals 61
787-259-1774 - A 1930s mansion of Schools 795 Public Hospitals 9
San Juan Bautista Cathedral the Serrallés family, renowned name Universities 52 Doctors 10,998
787-722-0861 - Church built in
in the rum industry. Technical Institutes 21 Persons Per Doctor 310
neoclassical architecture by the
Spanish in the 1520s. Tibes Ceremonial Park, Ponce
787-840-2255 - Ceremonial center, Public Sector
home of more than 180 remains of Schools 1,332
NORTH Igneri and Pre-Taíno Indians. Universities 14
RESOURCES
Arecibo Observatory Technical Institutes 4 Electric Energy (FY 2015-16):
787-878-2612 - World’s largest *Figure based on 91.8% of the institutions.
Production: 20,899.5 kWh
radiotelescope. EAST Consumption: 17,349.1 kWh
Bacardí Rum Distillery, Cataño Culebra Wildlife Nature Refuge MEDIA
787-788-8400 - Tour around the 787-742-0115 - Small island with Cement (FY 2015-16):
beautiful beaches, and habitat for
Publishing Media
Bacardí rum factory. Production: 11,860,000 Sacks*
6 Daily Newspapers
exotic birds and endangered species. Total Sales: 12,189,000 Sacks*
Camuy River Cave Park 17 Weekly Newspapers
787-898-3100 - A 268-acre cave El Yunque National Forest,
Río Grande Milk (FY 2014-15P):
system with tours around the complex. Radio
787-888-1810 - The only tropical Production: 264,571,000 qts.
FM Frequency - 52 Stations Total Value: $216,175,000
rainforest in the world, home to AM Frequency - 76 Stations
CENTRAL tropical plants and more than 60 bird
Caguana Indigenous Ceremonial species. Plantains (FY 2014-15P):
Television Production: 255,818,000
Park, Utuado Mosquito Bay Nature Reserve, 15 Commercial Broadcast Total Value: $72,435,000
787-894-7300 - Small outdoors Vieques TV Channels/Networks
museum of the Taíno tribes. 787-999-2200 - Bioluminescent bay with 13 Affiliates/Repeaters Poultry (FY 2014-15P):
San Cristóbal Canyon, Aibonito with microscopic dinoflagellates that 1 Public Broadcast Production: 76,068,000 lbs.
787-697-1711 - A volcanic rift sparkle at night. TV Channel/Network Total Value: $86,958,000
including two rivers running through it
1 Cable TV Provider
with several waterfalls.
WEST 2 Satellite TV Providers * 94-pound sacks P - Preliminary
ToroVerde, Orocovis
Dr. Juan Rivero Zoo, Mayagüez
787-867-7020 - Ecological adventure
park with zip-line adventures, 787-832-6330 - An open savannah
including the world’s longest zip-line. style zoological park.
Porta Coeli Religious Art Museum, ENVIRONMENT
San Germán
SOUTH 787-892-5845 - One of the oldest Longest Rivers Miles Largest Lakes Hectares
Coamo Hot Springs churches in the U.S. territory built in
787-825-6688 - A natural spring of 1606. Río Grande de la Plata 60.5 Guajataca 526.0
geothermally heated mineral waters. Rincón Lighthouse & Park Río Grande de Loíza 40.0 Guayabal 500.0
Guánica Dry Forest 787-823-5024 - A tower surrounded Río Grande de Añasco 40.0 Carraízo 421.7
787-821-5706 - World’s largest dry by a park with an ocean view perfect Río Culebrinas 34.0 La Plata 404.7
forest and home to more than 600 for whale-watching. Río Grande de Arecibo 33.0 Toa Vaca 324.0
species of exotic fauna. Río Guajataca 25.5 Caonillas 283.3
Río Grande de Manatí 25.0 Dos Bocas 256.6
Camuy River Cave Park

Río Bayamón 25.0 Patillas 127.9


Río Camuy 24.0 Carite 123.8
Río Guanajibo 24.0 Guayo 115.3
Río Yauco 22.6 Cidra 110.5
Río Cibuco 22.0 Luchetti 107.7
Río Jacaguas 22.0 Garzas 36.8

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 11

BOL_11-12.indd 11 1/25/17 5:45:06 PM


History Highlights

1493 Christopher Columbus 2001 Layman Carlos Manuel


discovers Puerto Rico. Rodríguez becomes the first
Puerto Rican to be beatified.
1586 Spain decrees Puerto Rico Pope John Paul II performs the
is to receive economic aid, ceremony in the Vatican.
historically known as “Situado
Mexicano.” 2003 Roosevelt Roads U.S. Naval
1928 Women’s right to vote is 1980 Romero Barceló (NPP) is
Station was ordered to
recognized. re-elected as governor;
1765 Spain lifts some trade & close by the U.S. Congress;
Luis Muñoz Marín dies.
commerce restrictions; first Associate Justice Miriam
1940 The Popular Democratic Party
official census taken. Naveira becomes the first
(PDP) wins control of the 1984 The PDP wins the elections;
woman to be appointed
Senate; begins a change in the Hernández Colón is elected
1810 First elected Deputy to the Supreme Court Chief Justice;
political orientation. governor.
Spanish Court, Ramón Power former governor and NPP
y Giralt, is sent to Spain. Founder Luis A. Ferré dies.
1946 Jesús T. Piñero becomes 1988 The PDP wins the elections;
the first Puerto Rican to be Hernández Colón is re-elected
1868 A failed uprising against the 2004 The PDP wins the elections;
appointed governor. as governor.
Spanish Crown takes place Aníbal Acevedo Vilá is elected
in the town of Lares (Grito de governor.
1948 The first Puerto Rican elections 1991 Spanish is declared the
Lares).
for governor are held. Luis island’s official language.
2006 A 5.5% Sales Tax is
Muñoz Marín becomes Puerto
1869 The first political parties are implemented after derogating
Rico’s first elected governor. 1992 The NPP wins the elections;
established. the 6.6% excise tax. Also
The island participates in the Pedro Rosselló becomes
a 1.5% municipal tax is
Olympic Games. governor and reinstates English
1873 Slavery is abolished. implemented.
& Spanish as official languages.
1952 A constitution for the
1897 Puerto Rico is granted a Letter 2008 The NPP wins the elections;
Commonwealth of Puerto Rico 1993 A status plebiscite is held;
of Autonomy from Spain, Luis G. Fortuño is elected
is adopted. the Commonwealth formula
allowing it to enter into free governor.
receives 48.58% of the vote;
commerce with the United
1967 A status plebiscite is held; statehood, 46.34%; and
States and European colonies. 2012 The PDP wins the elections;
the Commonwealth formula independence, 4.45%.
Alejandro García Padilla is
receives 60.41% of the vote;
1898 As a result of the Spanish- elected governor. Another
statehood, 38.98%; and 1996 The NPP wins elections.
American War, Puerto Rico status plebiscite is held;
independence, 0.60%. Rosselló is re-elected as
becomes a territory of the 53.97% of voters weren’t
governor. Section 936 of the
United States. in favor of maintaining
1968 After 28 years in power, the U.S. Internal Revenue Code is
nonterritorial political status,
PDP is defeated by the New eliminated by the U.S. Congress.
1900 The Foraker Act regulates the while 46.03% voted for keeping
Progressive Party (NPP), which
political & economic relations the current status. Of those
favors statehood. Luis A. Ferré 1998 A third status plebiscite
between Puerto Rico and the 53.97% of voters, statehood
becomes governor. is held; 50.3% of the
U.S., and organizes a civil received 61.16%, Sovereign
voters select the none-
government. Commonwealth 33.34%, and
1972 The PDP wins the elections; of-the-above option;
independence 5.49%.
Rafael Hernández Colón is statehood receives 46.5%;
1903 The University of Puerto Rico is
elected governor. independence 2.5%; free
founded. 2016 The NPP wins the elections:
association 0.3%; and
Ricardo Rosselló Nevares,
1976 The NPP wins the elections; Commonwealth 0.1%.
1917 The Jones Act grants U.S. son of former governor Pedro
Carlos Romero Barceló is
citizenship to Puerto Ricans Rossello, is elected governor.
elected governor. 2000 The PDP wins the elections;
and provides for the creation
Sila M. Calderón becomes the
of a local Senate.
1979 The Pan American Games are first woman to be elected as
held in Puerto Rico. governor.

12 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_11-12.indd 12 1/25/17 5:45:15 PM


Employment by Industrial Sector Total Cement Production
In Thousands of 94-Pounds Sacks
Thousands of Employees
(Fiscal Years)
Fiscal Years 2014R 2015R 2016
Commerce 231 239 238 2016 11,860
Construction 42 36 33 2015 12,333
Finance, Insurance & Real Estate 30 34 44
2014 13,793
Manufacturing 85 82 85
Public Administration 204 197 190 2013 15,335
Self-Employed 149 162 164
Services 339 333 351 2012 17,501
Transportation, Communications
0 5,000 10,000 15,000 20,000 25,000
& Public Utilities 45 45 43
Source: Puerto Rico Planning Board
R - Revised figures
Source: Puerto Rico Labor & Human Resources Department
Total Cement Sales
In Thousands of 94-Pounds Sacks
(Fiscal Years)
Employment in Government
Thousands of Employees
2016 12,189
Fiscal Years 2014 R
2015 R
2016
Commonwealth 169.1 163.6 160.0 2015 13,776
Federal 13.9 14.0 14.2
2014 15,232
Municipal 55.2 55.0 55.1
Total 238.2 232.6 229.3 2013 17,501
R - Revised figures
Source: Puerto Rico Labor & Human Resources Department 2012 19,892

0 5,000 10,000 15,000 20,000 25,000


Employment in Manufacturing Source: Puerto Rico Planning Board
Thousands of Employees

Fiscal Years 2014R 2015R 2016 Total Investment in Construction


Apparel 4.9 5.7 5.8 In Millions of Dollars
(Fiscal Years)
Chemicals 18.2 17.6 17.3 2015 P
Computer & Electronic Products 4.5 5.2 5.5 3,157.3
Electrical Equipment, 5.1 4.9 4.6 2014 R 3,400.2
Appliances & Components
Food 11.6 11.5 11.3 2013 R 3,978.1
Metals 3.4 3.3 3.1
2012 4,558.5
Miscellaneous Durables 12.3 11.8 11.5
Tobacco & Beverages 2.4 2.4 2.3 2011 3,860.3
R - Revised figures 0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000
Source: Puerto Rico Labor & Human Resources Department
P - Preliminary figures
Source: Puerto Rico Planning Board

Labor Force Demographics Employment by Educational Level


Civilian Noninstitutional Employed Population by Gender & Age Highest Grade/Degree Completed
(Fiscal Year 2016) (Fiscal Year 2016)
30% Male 9.80% 17.80%
Female
25% 23.7 24.8 22.3
Male Unemployment: 13.4% 28.20%
20% Female Unemployment: 9.4% 22.0 22.1 19.6 26.90%
15% 7.10% 6.50%
10.9 11.6
10% 6.7 6.2
5%
0.6 0.4 3.2 2.3
0.60% 3.10%
0%
Age 16-19 20-24 25-34 35-44 45-54 55-64 65 & over 11th Grade or below Bachelor’s
High School Master’s
Source: Puerto Rico Labor & Human Resources Department Postsecondary, No degree Juris Doctor, Doctorate
Associate, Technical Don’t know, Other
Source: Puerto Rico Labor & Human Resources Department

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Source: Puerto Rico Planning Board, Economic & Social Planning Division

P.R. Population Totals & Projections


Municipality 1990 2000 2010 2020P Municipality 1990 2000 2010 2020P
Puerto Rico 3,522,037 3,808,610 3,725,789 3,301,338 Juncos 30,612 36,452 40,290 38,228
Adjuntas 19,451 19,143 19,483 17,756 Lajas 23,271 26,261 25,753 22,537
Aguada 35,911 42,042 41,959 38,330 Lares 29,015 34,415 30,753 26,125
Aguadilla 59,335 64,685 60,949 52,240 Las Marías 9,306 11,061 9,881 8,441
Aguas Buenas 25,424 29,032 28,659 25,360 Las Piedras 27,896 34,485 38,675 37,167
Aibonito 24,971 26,493 25,900 22,777 Loíza 29,307 32,537 30,060 26,543
Añasco 25,234 28,348 29,261 26,945 Luquillo 18,100 19,817 20,068 18,126
Arecibo 93,385 100,131 96,440 83,922 Manatí 38,692 45,409 44,113 38,420
Arroyo 18,910 19,117 19,575 17,849 Maricao 6,206 6,449 6,276 5,629
Barceloneta 20,947 22,322 24,816 23,298 Maunabo 12,347 12,741 12,225 10,739
Barranquitas 25,605 28,909 30,318 28,812 Mayagüez 100,371 98,434 89,080 76,225
Bayamón 220,262 224,044 208,116 176,886 Moca 32,926 39,697 40,109 36,785
Cabo Rojo 38,521 46,911 50,917 47,604 Morovis 25,288 29,965 32,610 31,042
Caguas 133,447 140,502 142,893 129,120 Naguabo 22,620 23,753 26,720 25,476
Camuy 28,917 35,244 35,159 31,792 Naranjito 27,914 29,709 30,402 28,121
Canóvanas 36,816 43,335 47,648 45,438 Orocovis 21,158 23,844 23,423 21,502
Carolina 177,806 186,076 176,762 153,800 Patillas 19,633 20,152 19,277 16,963
Cataño 34,587 30,071 28,140 24,606 Peñuelas 22,515 26,719 24,282 20,975
Cayey 46,553 47,370 48,119 43,186 Ponce 187,749 186,475 166,327 138,678
Ceiba 17,145 18,004 13,631 10,058 Quebradillas 21,425 25,450 25,919 23,557
Ciales 18,084 19,811 18,782 16,714 Rincón 12,213 14,767 15,200 13,567
Cidra 35,601 42,753 43,480 40,154 Río Grande 45,648 52,362 54,304 50,019
Coamo 33,837 37,597 40,512 38,519 Sabana Grande 22,843 25,935 25,265 22,085
Comerío 20,265 20,002 20,778 19,272 Salinas 28,335 31,113 31,078 28,036
Corozal 33,095 36,867 37,142 34,187 San Germán 34,962 37,105 35,527 30,791
Culebra 1,542 1,868 1,818 1,675 San Juan 437,745 434,374 395,326 327,326
Dorado 30,759 34,017 38,165 36,238 San Lorenzo 35,163 40,997 41,058 37,106
Fajardo 36,882 40,712 36,993 31,429 San Sebastián 38,799 44,204 42,430 36,632
Florida 8,689 12,367 12,680 11,601 Santa Isabel 19,318 21,665 23,274 21,669
Guánica 19,984 21,888 19,427 15,951 Toa Alta 44,101 63,929 74,066 73,236
Guayama 41,588 44,301 45,362 41,227 Toa Baja 89,454 94,085 89,609 78,574
Guayanilla 21,581 23,072 21,581 18,272 Trujillo Alto 61,120 75,728 74,842 67,685
Guaynabo 92,886 100,053 97,924 85,648 Utuado 34,980 35,336 33,149 28,871
Gurabo 28,737 36,743 45,369 44,966 Vega Alta 34,559 37,910 39,951 37,304
Hatillo 32,703 38,925 41,953 39,430 Vega Baja 55,997 61,929 59,662 51,716
Hormigueros 15,212 16,614 17,250 15,529 Vieques 8,602 9,106 9,301 8,357
Humacao 55,203 59,035 58,466 51,695 Villalba 23,559 27,913 26,073 23,117
Isabela 39,147 44,444 45,631 41,427 Yabucoa 36,483 39,246 37,941 33,793
Jayuya 15,527 17,318 16,642 15,008 Yauco 42,058 46,384 42,043 35,259
Juana Díaz 45,198 50,531 50,747 46,196 P - Projected Source: Census Bureau &
Puerto Rico Planning Board, Economic & Social Planning Division
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Puerto Rico
Market Facts
Types of
Businesses in
Puerto Rico
P uerto Rico recognizes a wide range
of business forms, from basic sole
proprietorships and general partner-
ship provides no liability shield for its
owner and generally terminates upon
the death of its owner. Likewise, it isn’t
Internal Revenue Code, as in most states,
Puerto Rico partnerships automatically
provide pass-through tax treatment.
partnership agreement), or when the
business for which it was constituted
ends. A civil partnership won’t dissolve
ships to special-purpose corpora- taxed separately, and all income is The tax treatment of partnerships and upon the withdrawal of a partner if the
tions and limited liability companies. passed through to the owner. their partners is similar, but not identi- duration of the partnership is fixed and
Investors thus have a variety of options cal, to the treatment received under the hasn’t expired.
for optimizing their liability shield and Partnerships U.S. Internal Revenue Code.
Partnerships aren’t taxed at the part-
The partners in a Civil Code partner-
tax- treatment characteristics. A partnership is an organization of ship have a subsidiary obligation with
On Jan. 31, 2011, Gov. Luis G. Fortuño two or more natural persons or juridi- nership level; instead, they are subject respect to the debts of the civil part-
enacted Act No. 1, known as the In- cal entities created to carry on a busi- to taxation at the partner level. Partners nership. The creditors of a Civil Code
ternal Revenue Code for a New Puerto ness for profit pursuant to a partner- are subject to taxation based on their partnership must first try to collect
Rico, which reformed the island’s tax ship agreement. distributable share of the partnership’s from the funds of the partnership. Only
system (referred here as the New In- Partnership agreements (except income items, at their applicable rate, if such funds are insufficient to pay
ternal Revenue Code). those for limited liability and special even if the income isn’t distributed. the debts owed to the creditors may
Before the enactment of the New partnerships) need not comply with However, partnerships existing on or the creditors move to collect from the
Internal Revenue Code, partner- any statutory formalities and don’t have before Jan. 1, 2011, may elect to continue partners.
ships didn’t necessarily receive pass- to be recorded with the State Depart- to be treated as corporations. In that
through tax treatment, and not all cor- case, partnerships and their partners
porations necessarily faced double
ment. However, to own real property, a
are subject to taxation at the partner- Commercial Code
partnership must have its partnership
taxation. Instead, both partnerships agreement incorporated into a public ship level and again at the partner level Partnerships
and corporations used to face taxation deed prepared by a notary public. to the extent the partnership makes any Commercial partnerships—or part-
both at the partnership/corporate and Several types of partnerships are rec- distributions. nerships formed under Commercial
partner/shareholder levels as the de- ognized in Puerto Rico, and they may be Code provisions—are defined as those
fault rule, with both having the option
to elect pass-through tax treatment if
organized under the Civil Code, Com- Civil Code Partnerships in which two or more people obligate
themselves to join funds, properties
mercial Code or Limited Liability Partner- A Civil Code partnership is a con-
they met certain criteria. Now, with the ship Law. tract by which two or more people and/or industries to obtain profits.
New Internal Revenue Code, partner- Generally, however, partnerships bind themselves to contribute money, This definition is almost identical to
ships generally receive pass-through have some common characteristics. property or industry to a common fund the description of partnerships under
treatment. The Civil Code treats a partnership as a or enterprise, with the intention of di- the Civil Code, but commercial part-
juridical entity separate from its own- viding the profits among themselves. nerships must meet certain formal re-
Sole Proprietorships ers (i.e., the partners). A partner acting There is no special formal requirement quirements, including being executed
A sole proprietorship is a busi- within the apparent scope of his or her for the creation of a Civil Code part- through a deed and registering with
ness owned by a single individual who authority under the partnership agree- nership. the Mercantile Registry. Failure to do
chooses not to form a partnership, ment can bind the partnership. Thus, Nevertheless, for a Civil Code part- so eliminates the protection of the
corporation or limited liability compa- the partnership is liable to a third party nership to acquire real property in partnership contract as it relates to
ny. There are no special legal require- for the authorized acts of its partners. Puerto Rico, it must utilize a deed to third-party claims.
ments for creating a sole proprietorship Except for partners in limited liabil- create the partnership. The civil part- The Mercantile Registry only acts as
other than the normal requirements for ity, limited and special partnerships, nership need not register with any a registry and has no supervisory du-
starting a trade or business. the liability of the individual partners government agency. ties. There is a Mercantile Registry in
Sole proprietorships aren’t juridi- is unlimited and joint with respect to A Civil Code partnership is automati- each Property Registry, and partner-
cal entities and can’t enter into con- losses, damages, disbursements and cally dissolved upon the death, civil ships must be recorded in the regis-
tracts, sue or be sued in their own obligations. interdiction or insolvency of a partner
name. Accordingly, a sole proprietor- As mentioned above, under the New (unless otherwise provided for in the Continues on page 16

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 15

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Continued from page 15 by that partner or in which that partner dled by the corporate officers. Direc- date with one another (in a merger,
was involved, directly or through any tors must carry out their duties in good one of the corporations survives; in
try located in the municipality where person under his or her control or su- faith and without conflicts of interest; a consolidation, a new corporation is
the principal office of the business is pervision, or of which that partner had officers must perform reasonably and formed). In either event, the stock-
located. notice or knowledge. in good faith. The liability of directors holders and creditors of the nonsurviv-
There are two types of commercial Foreign limited liability partnerships and officers may be indemnified by the ing corporations become stockholders
partnerships: general partnerships are permitted, but permission from the corporation. The liability of corporate and creditors, respectively, of the sur-
and limited partnerships. secretary of State is required to oper- shareholders for the acts of the cor- viving corporation, and the surviving
A general partnership is one in which ate both foreign and domestic limited poration, except in certain cases, is corporation takes on the rights and
all the partners bind themselves, col- liability parnerships. limited to their investment in its stock. liabilities of the merged/consolidated
lectively and under a firm name, to Any person or juridical entity can corporations.
share the same rights and obliga- Special Partnerships form a corporation by filing articles
tions in such proportions as they may Certain corporations and partner- of incorporation—signed by the Foreign Corporations
establish. The partners of a general ships that have elected to be taxed incorporator(s) with the proposed All corporations that aren’t organized
partnership are personally and jointly under Subchapter D of Chapter 11 of corporation’s name, street address, under Puerto Rico law are considered
liable for all the liabilities of the part- the New Internal Revenue Code receive business purpose (can be stated as foreign corporations. Prior to con-
nership. pass-through tax treatment. “any legitimate matter for which a ducting business in Puerto Rico, for-
A limited partnership comprises That is, special partnerships don’t corporation may be created”), each eign corporations must register with
managing and special partners. Man- generally pay any income taxes at the incorporator’s name and authoriza- the Puerto Rico State Department.
aging partners run the affairs of the business-entity level, and their in- tion, stock information, and directors’ A foreign corporation that fails to
partnership and are jointly liable for come or losses are divided among, names and addresses—with the Cor- register to do business in Puerto Rico
the debts and obligations of the part- and “passed through” to, their part- porate Division of the State Depart- won’t be allowed to initiate judicial
nership. Special partners are passive ners, who pay taxes on the distribut- ment, along with a filing fee. proceedings on the island until it is
investors and may not participate in able share of such income, at their ap- De facto corporations aren’t con- registered. Courts can also order a
the management of the partnership, plicable rates. templated under the Puerto Rico Gen- foreign corporation to cease all busi-
and their liability for the debts and ob- To be eligible, a special partnership eral Corporation Law. If shares have ness activities in Puerto Rico until it is
ligations of the partnership is limited to must derive at least 70% of its gross been issued, the articles of incorpora- duly registered. Nonetheless, the mere
their contribution to the partnership. income from sources within Puerto tion can be amended by the board of fact that a foreign corporation isn’t au-
However, a limited partnership can’t Rico during each taxable year, and at directors with shareholder approval. thorized to do business in Puerto Rico
include the name of a special part- least 70% of such income must be from If no shares have been issued, the ar- won’t affect the validity of its corporate
ner; if it does, the limited partner may one of the following eligible activi- ticles of incorporation can be amend- actions on the island or its right to de-
be held jointly liable with the manag- ties: construction; land development; ed by the directors (if they have been fend itself in a judicial proceeding in
ing partners for the liabilities of the substantial rehabilitation of buildings named) or the incorporators (if the di- Puerto Rico.
partnership. and structures; sale or rental of build- rectors haven’t been named). Legal process against the corpora-
ings or structures; manufacturing that The management of a corporation tion may be served on by its authorized
is typically carried out pursuant to resident agent, who must be either a
Limited Liability generates substantial employment;
bylaws, which may be adopted or natural or judicial person residing in
tourism; agriculture; exportation of
Partnerships goods or services; production of fea- amended at incorporation by the Puerto Rico, but can’t be a stockholder,
Two or more natural persons, includ- incorporator(s), thereafter by the stock officer or director of the corporation.
ture films; construction, operation or
ing those rendering professional ser- holders or, if permitted by the articles
maintenance of public roads and ad-
vices, can form a limited liability part- of incorporation, by the directors. Professional Corporations
joining facilities; or exempt energy-
nership under the provisions of the Puerto Rico corporations must A professional corporation is formed
production business.
Limited Liability Partnership Law. maintain a designated principal office for the purpose of rendering the type
They must register the limited liabil- and agent in Puerto Rico for service of of professional services that require a
ity partnership with the State Depart- Corporations process. license from the Puerto Rico govern-
ment by filing a certified copy of the Ownership of a corporation is ef- ment. All shareholders must be indi-
constituent deed accompanied by a Domestic Corporations fected through ownership of the cor- viduals licensed by the government
$100 fee. Registration is valid for one Puerto Rico’s General Corporation poration’s capital stock, which may be to render the professional services
year and must be renewed annually Law is based on the Delaware General issued in various classes with differ- offered by the corporation, and those
by filing a renewal application and a Corporation Law. In general terms, a ent rights and restrictions. Shares of services must be rendered through the
$110 revenue voucher. The name of the corporation is an entity separate and corporate stock are personal prop- corporation’s officers, employees and
partnership must include the words distinct from its shareholders, direc- erty. Shareholders typically must hold agents. Officers, employees and agents
“limited liability partnership” or “LLP.” tors and officers. It has the power to meetings at least once a year. of a professional corporation are fully
Generally, a partner in a limited li- enter into contracts, hold property, Corporations must file an annual re- and personally liable for any negligent
ability partnership isn’t personally lia- and sue and be sued in its own name; port on or before April 15. Annual re- act or omission or unlawful act, or for
ble for the debts and obligations of the it also has continuity of life and free ports must be filed electronically by any culpable conduct that arises from
partnership or for negligent or unlaw- transferability of ownership interests. an officer of the corporation, and in the rendering of professional services
ful acts of another partner or employee A typical corporation’s structure the case of a Puerto Rico corporation on behalf of the corporation, whether
not supervised by the partner, provid- consists of three main groups: direc- whose annual volume of business ex- committed by such officer, employee
ed he or she had no prior knowledge tors, officers and shareholders. ceeds $3 million, must be accompanied or agent or by any person under his
of such acts. However, the partner may In the most basic terms, the corpora- by the corporation’s balance sheet at or her direct supervision or control. In
be held personally liable for partner- tion is owned by its shareholders, who the close of the preceding fiscal year addition, the professional corporation
ship debts and obligations that arise choose the directors, who in turn are and audited by a certified public ac- is held jointly liable up to the aggre-
out of an error, omission, negligence, charged with overseeing the manage- countant licensed in Puerto Rico. gate value of its assets for the negli-
incompetence or illegal act committed ment of the corporation, which is han- Corporations can merge or consoli- gent or unlawful acts or for the culpa-
16 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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Puerto Rico
Market Facts
ble conduct of its officers, employees chapter E of Chapter 11 of the New In-
and agents while offering professional ternal Revenue Code as a corporation
services on behalf of the corporation. of individuals.
Non-Puerto Rico corporations In general, a corporation of individu-
may not qualify as professional als doesn’t pay any income taxes at the
corporations. corporate level, and the corporation’s
income and losses are passed through
Close Corporations to its shareholders. This pass-through
Close corporations provide struc- tax treatment is available, however,
tural flexibility to corporations owned only if the shareholders consent to the
by a relatively small number of share- corporation’s election and the cor-
holders that don’t intend to go public poration meets a number of criteria.
within a short period of time. To qualify Specifically, the stock of a corporation
as a close corporation, the certificate of individuals may be owned only by
of incorporation must include, among individuals who are citizens or resi-
other clauses, provisions stating: (1) dent aliens of Puerto Rico. Moreover,
the number of shareholders may not the corporation must: be an eligible agreement, managers and members property is transferred to a person,
exceed 75 people; and (2) all issued domestic corporation (including a U.S. of an LLC can’t be held personally li- named the trustee, so he or she may
stock of all classes must be subject entity that engages in trade or business able for the LLC’s obligations solely by dispose of it as directed by the party
to one or more of the following re- only in Puerto Rico), but not an insur- reason of being a manager or mem- who transfers the property, named
strictions regarding the transfer of ance company, registered investment ber. They may rely on good faith on the constituent, for his or her own ben-
shares: (a) a right of first refusal; (b) company, special corporation owned LLC’s records and upon information efit or for the benefit of a third party,
an obligation on the part of the cor- by employees, corporation exempt presented by other managers, mem- named the beneficiary.”
poration, any shareholder or any third under any tax incentives or similar laws bers, officers, committees, employees
party to purchase the shares subject (except under the Puerto Rico Tourism
to a purchase-sale agreement; (c) Development Law of 1993), financial
or anyone else with respect to whom Joint Ventures
such reliance is reasonable. LLCs are A joint venture is formed between two
the requirement of the consent of the institution or corporation licensed as a generally taxed as corporations, and
capital investment fund; not have more or more parties who agree to undertake
corporation or the shareholder of any are subject to taxation at both the
than 75 eligible shareholders; and have economic activity together and share
kind of restricted security, before the business entity and shareholder lev-
only one class of stock outstanding. in the revenue, expenses and control
transfer of such security; and (d) the els. Notwithstanding, LLCs may elect of the enterprise. For tax purposes, it is
prohibition, for a reasonable purpose, to be treated as partnerships for tax treated as a partnership.
on transferring the securities to des-
ignated persons or classes of persons.
Limited Liability purposes, receiving pass-through tax
treatment under the partnership rules
Companies contained in Chapter 7 of Subtitle A of Cooperatives
Nonprofit Organizations Limited liability companies (LLCs) the New Internal Revenue Code, not A cooperative is a nonprofit entity
Puerto Rico’s General Corporation are more flexible operationally than being subject to taxation at the part- founded by a group of private juridical
Law provides for the organization of corporations but can still provide le- nership level, and being taxed instead persons with a common social interest.
nonprofit corporations. The certificate gal protection for their managers and at the partner level, based on their dis- Generally, cooperatives must be formed
of incorporation must state that the members. tributable share of the partnership’s by a minimum of eight people (except
corporation is for nonprofit purposes. A foreign LLC may register in Puerto income items, at their applicable rate, workers’ cooperatives, which need only
Nonprofits aren’t authorized to issue Rico through a petition signed by an even though the income isn’t distrib- five) domiciled in Puerto Rico.
stock. authorized person following the pro- uted. A cooperative is managed by a board
A nonprofit corporation has mem- cedures specified in the General Cor- An LLC that is treated as a partnership of directors, composed of no fewer
bers who aren’t personally liable for poration Law. LLCs must maintain a or whose income is attributable to its than three and no more than 11 indi-
the debts of the corporation. Members registered office and resident agent members for purposes of the U.S. Inter- viduals.
have a fiduciary responsibility similar for service of process in Puerto Rico. nal Revenue Code or a foreign country’s
to that of a director in a regular cor- The management of an LLC is typi-
poration. In addition, the members of a cally governed by an LLC agreement
law, shall be treated as a partnership and
may not be treated as a corporation.
International Banking
nonprofit corporation may elect a gov- that sets forth: (1) the respective du- Entities
erning body (typically called a “board ties of the LLC and its managers and International banking entities (IBEs)
of directors”) that has the powers and members to each other; (2) the LLC’s Business Trusts are exempt from income, property and
responsibilities of a board of directors management structure; (3) the rights The Puerto Rico Civil Code essen- municipal license taxes.
of a regular corporation. of the managers and members; and (4) tially incorporates the common law of The formation and operation of an
their respective share of interest in the trusts while attempting to harmonize IBE requires a license from the Finan-
Corporation of Individuals LLC’s profits and losses. This agree- common law and civil law concepts. cial Institutions Commissioner’s Office.
A corporation that meets certain cri- ment doesn’t have to be registered. The Civil Code defines a trust as “an
teria can elect to be taxed under Sub- Unless otherwise provided in the LLC irrevocable mandate whereby certain Continues on page 18

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Continued from page 17 International insurers are also grant- that reduces or eliminates corporate An issuer is an investment company if
ed tax-exemption decrees by the in- income taxes. it: invests in securities with a value ex-
surance commissioner and the sec- A REIT also needs to comply with the ceeding 90% of the total balance of its
An IBE may be formed by a juridical retary of the Economic Development following type and source of income assets, excluding securities of the U.S.
entity or a unit thereof (but not a natu- & Commerce Department, which are requirements. Specifically, 95% or and Puerto Rico governments and cash
ral person). It must have a minimum considered a contract among the par- more of the gross income of the REIT investments; invests no more than 25%
capitalization of $5 million, of which ties, detailing the special tax treat- must be derived from: dividends; in- of the value of its total assets in securi-
at least $250,000 must be fully paid ment provided under the IIRA. Gener- terests; rents from real property; gains ties of another issuer, and owns no more
at the time its license is issued, and ally, an “international insurer” is one from the sale or other disposition of than 75% of the outstanding securities
securities or real property (including of any other issuer; doesn’t have fewer
interests in real property and interests than 11 shareholders entitled to vote;
in mortgages on real property) that doesn’t have more than 50% of its vot-
isn’t inventory; amounts received or ing securities controlled by fewer than
accrued as consideration for entering six of the holders of such securities;
into agreements either to make loans and offers its securities to the general
secured by mortgages on real property public if its outstanding securities are
or to purchase or lease real property; owned by more than 100 people.
and gains from the sale or disposition
of real property. Special Employee-Owned
Moreover, 75% or more of the gross
income of the REIT must be derived Corporations
from: rents derived from real property The special employee-owned cor-
located in Puerto Rico; interests on poration (SEOC) is a hybrid between a
obligations secured by mortgages on regular corporation and a cooperative.
real property or rights to real property SEOCs are owned and controlled by
located in Puerto Rico; gains from the “members” who are similar to share-
sale or other disposition of real prop- holders in a corporation. An SEOC may
erty that isn’t of the type of property have regular, special and corporate
that qualifies as inventory; dividends members, but there are stringent limi-
or other distributions derived from, tations on the roles of special and cor-
and gains derived from, the sale or porate members.
other disposition of shares of trans- An SEOC is considered a for-profit
ferable stock, certificates or partici- corporation. The regular members of
pation in another REIT; and amounts an SEOC are considered self-employed
received or accrued as consideration in relation to labor-protective legisla-
for entering into agreements to make tion, except for purposes of workers’
loans secured by mortgages on real compensation laws and the Puerto Rico
property and/or rights to real property Employment Security Law.
located in Puerto Rico, and/or to buy
or lease real property and/or rights to
real property located in Puerto Rico.
Public-Private
it must maintain at least $300,000 of that provides direct insurance only for REITs organized under the laws of Partnerships
unencumbered assets or acceptable risks outside of Puerto Rico, although the U.S. or a state of the U.S. (U.S. REIT) Act No. 29-2009 codified Puerto Ri-
financial securities. IBEs must maintain it can provide surplus-lines coverage must invest in real property located in co’s policy favoring the use of public-
their principal office in Puerto Rico and and reinsurance for risks located in Puerto Rico and constructed after June private partnerships (PPPs)—contrac-
retain a minimum of four full-time em- Puerto Rico. 30, 1995, to be treated as a REIT under tual agreements between government
ployees on the island. International insurers, branches and the P.R. code. agencies and private or nongovern-
international insurer holding compa- mental entities—as a means for achiev-
ing greater private-sector participation
Insurance Companies nies are given attractive tax treatment.
Insurance companies include any In addition, they aren’t required to file Registered Investment in the development and financing of in-
person engaged in the business of tax returns, and the revenue they dis- Companies frastructure and services, especially for
tribute to nonresident shareholders is Investment companies are engaged priority projects, which include land-
making contracts of insurance as
also exempt from taxation. Act No. 98- primarily in the business of investing, fills; water reservoirs; powerplants that
defined in the Puerto Rico Insurance
2011 facilitates the establishment of reinvesting or trading in securities. use alternative or renewable sources of
Code.
entities that export insurance and rein- They may be organized as corpora- energy; transportation systems; health,
The Insurance Code and regulations
surance services, allowing Puerto Rico tions, partnerships, associations, joint security, education, correctional and
issued by the insurance commission-
to compete with jurisdictions such as stock companies, trusts, funds or any rehabilitation facilities; low-income
er establish requirements regarding
Bermuda, Cayman Islands or Vermont. organized group, whether incorpo- housing projects; facilities for sports,
funds, deposits, capital or surplus and
rated or not. recreational, tourism and cultural ac-
investment in Puerto Rican securities,
tivities; ground and wireless commu-
among others. Real-Estate It is also possible for a receiver,
nication systems; high-technology
trustee in bankruptcy or liquidating
In addition to domestic insurance Investment Trusts agent to qualify as an investment com- information and mechanical systems;
companies, Puerto Rico’s International A real-estate investment trust (REIT) pany. If certain requirements are met, and any other kind of activity, facility
Insurer & Reinsurer Law (IIRA) provides is a tax designation reserved for cor- an investment company may qualify for or service identified as a priority proj-
for the creation of international insur- porations investing in real property special tax treatment. ect through legislation.
ers and reinsurers.
18 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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Puerto Rico
Market Facts
Incentives
Business, Manufacturing businesses are entitled. To obtain a de-
cree, an eligible business must submit
& Services an application, with all required support-
Puerto Rico has long been an invest- ing materials and fees, to the Office of
ment destination for industry, although Industrial Tax Exemption. Once the ap- business in Puerto Rico will be subject the exempted businesses are located.
the focus has shifted from heavy and plication is duly filed, the decree should to a 12% withholding tax on royalties In Vieques and Culebra, the credit is
labor-intensive manufacturing to high- be granted or denied within 70 days. or license fee payments for the use of $5,000 per job; in a low industrial de-
technology, high-value-added and ser- intangible property in an eligible busi- velopment zone, it is $2,500 per job;
vices-oriented enterprises. ness. This rate may be reduced to 2% and in an intermediate industrial zone,
The Puerto Rico Industrial Develop- Tax Incentives by the DDEC secretary. it is $1,000 per job.
ment Co. (Pridco) is the primary govern- Approved eligible businesses qualify Eligible businesses can receive a
ment agency charged with promoting for the following benefits: credit, of 50% of the investment, for
• Investment Income
industry and foreign direct investment, Eligible businesses are not required investments in research and develop-
and is especially focused on attracting • Income Tax Rates to pay taxes on income derived from ment, clinical trials, toxicology tests,
and developing high-technology en- Typically, eligible businesses are sub- “eligible investments,” which are spec- infrastructure, renewable energy and
terprises such as the biosciences, in- ject to a 4% income tax rate and a 12% ified in the incentives act and typically intangible property.
formation technology and professional withholding tax rate on royalties. Alter- involve debt and/or equity investments Eligible businesses can receive a tax
services. natively, with approval from the secre- in certain local real estate, business credit, of 50% of the investment, for
tary of the Economic Development & activities and securities. investments in machinery and equip-
The Economic Incentives for Commerce Department (DDEC by its ment for the generation and efficient
the Development of Puerto Spanish acronym), an eligible business • Distributions use of energy. For eligible businesses
Rico Act (Act 73) may be subject to an 8% income-tax The stockholders or partners of a that invest to generate energy for their
The Economic Incentives for the De- rate, coupled with a 2% withholding corporation or partnership with a de- own consumption, the credit will be
velopment of Puerto Rico Act provides tax rate on royalties. cree shall be exempt from taxes on the capped at 25% of the business’ income
attractive tax and other incentives to An eligible business engaged in a distribution of dividends or profits. tax. For eligible businesses dedicated
foster investment in key sectors of novel pioneer activity—i.e., socially or Gains realized from the sale or ex- to the production and sale of energy in
Puerto Rico’s economy. economically beneficial activities that change of equity shares of an eligible Puerto Rico, the credit will be capped
have not been carried out in Puerto business or of a substantial portion of at $8 million for each eligible business,
Rico during the previous year—will be up to an aggregate maximum of $20
• Eligible Businesses the business’ assets, if such sale is ex-
subject to a 1% income tax rate. ecuted while the business’ decree is million for such investments by all eli-
In general terms, eligible businesses
Income from economic activities that still in force, shall be subject to a 4% gible businesses per year.
include: businesses established to
create or develop intangible property in tax. After the decree has expired, the All eligible businesses that are indus-
manufacture products on a commercial
Puerto Rico will be subject to a 0% tax tax treatment will be adjusted to limit trial clients of the Puerto Rico Electric
scale; businesses established to render
rate. the benefits to gains generated while Power Authority can receive a tax cred-
services on a commercial scale for for-
An additional reduction of 0.5% from the decree was in force. it of 3% of their electricity payments. A
eign markets or for other eligible busi-
the fixed 8% tax rate will be available higher credit (7%) is available for eligi-
nesses in Puerto Rico; and businesses
to eligible businesses that are estab- ble businesses that retain 25 employ-
established to engage in a wide range • Tax Credits
lished in a low or intermediate indus- ees or an average payroll of $500,000
of specific economic activities, such as Eligible businesses that purchase
trial-development zone. or more during the taxable year.
scientific research and development, products manufactured in Puerto Rico
Eligible businesses that locate their Eligible businesses can receive a
recycling, hydroponics, value-added will be permitted to claim a credit of
operations in Vieques or Culebra shall credit for 12% of all payments made
activities pertaining to port operations, 25% of the purchase cost, up to a
be exempt from the payment of income for the use or right to use intangible
software development and manufac- maximum of 50% of its tax liability; for
tax for the first 10 years of their decree, property in their exempt operations in
ture of renewable-energy equipment. products made from recycled materi-
after which they will be subject to a 2% Puerto Rico.
tax rate. als, the credit shall be equal to 35% of Eligible businesses can receive a
• Application for a Tax Grant total purchases up to the 50% limit. credit of 50% of the amount of any
Act 73 operates through a tax de- Eligible businesses can receive a investment in a “strategic project,” as
cree—issued for a period of 15 years. • Withholding Tax Rates on tax credit for each job created during defined in the incentives act.
The decree identifies and ensures Royalties or License Fees the first year of operations. The size
the incentives to which the eligible Nonresidents not engaged in trade or of the credit will depend on where
Continues on page 20

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 19

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Continued from page 19 business commences operations accessories used to carry out the of the San Juan metropolitan area. This
and continuing for the two following manufacturing process, or which incentive will be available for local and
Eligible businesses can receive a
semesters. the tax-exempt business is under nonlocal businesses, and depends on
credit of 50% (1) of the cash amount
• Eligible businesses shall be fully ex- the obligation to acquire as re- the geographical location of the com-
used to purchase the majority (50%
empt from any tax, levy, fee, license, quired under federal or common- pany and the number of employees.
or more) of the equity interest or op-
excise, rate or tariff imposed by any wealth laws or regulations for the The map on the next page shows the
erational assets of an exempted busi-
municipal ordinance on the con- operation of an industrial unit. The designated incentive zones and which
ness that is in the process of closing
struction of works to be used by the exemption shall not cover machin- municipalities they comprise. Compa-
operations in Puerto Rico or (2) of the
exempted business within a munici- ery, devices, equipment or vehicles nies will receive an orientation from
cash amount contributed to a small
pality (such taxes do not include the used in whole or in part in the ad- Pridco, and must submit, within a year
or midsize business in exchange for municipal license tax levied on the from the promotion date, certain infor-
ministrative or commercial opera-
corporate stock or partnership interest volume of business of contractors mation for evaluation.
tions of the exempted business.
used for construction or improvements or subcontractors of the exempted —Machinery and equipment that
of physical facilities and purchase of business). must be used by an exempted busi- • Special Aid for the Rescue
machinery and equipment. • Income obtained from investments ness to comply with environmental, of a Project
that qualify shall be exempt from safety and health requirements. When a Pridco-promoted business
• Real & Personal municipal licenses, municipal excise —Machinery, equipment, parts and intends to cease operations or reduce
Property Tax and other municipal taxes. accessories used in experimental its workforce by 50% or more, a new
Eligible businesses shall receive a • Eligible businesses enjoy the follow- or reference laboratories. owner committed to keeping at least
90% exemption from municipal and ing exemptions from municipal li- —Machinery, equipment, parts and 25% of the employees who are work-
commonwealth property taxes on per- censes, municipal excises and other accessories used in the prelimi- ing at the moment of the rescue may
sonal property used in the businesses’ municipal taxes imposed by any mu- nary phase of regional exploration be entitled to assistance.
development, organization, construc- nicipal ordinance: geared to the mineralogical devel-
tion, establishment or operation. —Exempted businesses in Vieques opment of Puerto Rico, and in dry
For the first five years of operations, and Culebra shall enjoy 90% docks and shipyards for the con-
• Incentive for Strategic
eligible businesses shall receive a total exemption. struction or repair of vessels. Projects
exemption from the payment of prop- —Small or midsize businesses shall —Fuel used by the exempted busi- Companies promoted by Pridco that
erty taxes on real property used for its enjoy 75% exemption. ness covered by the incentives execute projects deemed to have ex-
central or regional corporate headquar- —Central or regional corporate head- act in the cogeneration of electric traordinary importance for the economy
ters rendering centralized management quarters engaged in rendering cen- power for its own use or for use by of Puerto Rico—i.e., because they cre-
services to affiliated entities. tralized management services to its affiliate. ate and maintain a large number of jobs
Eligible businesses shall receive a affiliated entities shall enjoy 100% —Chemicals used by the exempted or a lesser number of high-quality jobs,
complete exemption from real-prop- exemption during five years from business in sewage treatment. promote new technology, transfer tech-
erty taxes during the period authorized the date the exemption begins. —Energy-efficient equipment, prop- nology business knowledge, or are oth-
under the grant to carry out the con- —Other businesses shall enjoy a erly certified by the local Energy Af- erwise considered highly meritorious by
struction, expansion or establishment 60% exemption. fairs Administration. the executive director and the board of
of the tax-exempt business, and during The Sales & Use Tax will become an Pridco—may be eligible for incentives.
the first government fiscal year during • Commonwealth Excise Tax 11.5% Value-Added Tax (VAT) starting The company will receive an orientation
which the business would have been April 1, 2016. from Pridco and must submit certain
and Sales & Use Tax (IVU) information for evaluation by and ap-
subject to property taxes.
The following items directly or indi- proval from Pridco’s board.
Eligible businesses can also take ad-
vantage of the benefit afforded by the
rectly introduced or acquired by an ex- Special Incentives
empted business will be totally exempt The following special incentives have
Optional Self-Assessment, as described
from commonwealth excise and sales • Incentive for Infrastructure
been created to encourage the estab-
in the incentives act, for real property & use (IVU by its Spanish acronym) lishment and retention of local and for- Development and Industrial
taxes. This method may be used exclu- taxes during the life of the decree: Building Improvements
eign investment in Puerto Rico.
sively for that property, which should —Raw material (except hydrau- Companies promoted by Pridco may
be considered real property because of lic concrete, crude oil, partially be eligible for an incentive to improve
its use and the location to which it is • Basic Incentive for
manufactured products, finished buildings belonging to Pridco that are
destined and used in the development, oil products and finished products
Job Creation necessary for the companies’ opera-
organization, construction, establish- Companies that are promoted by
from any other hydrocarbon mix- tions. As a general rule, the infrastruc-
ment or operation of the exempted Pridco, including both local and non-
ture) to be used in Puerto Rico to ture incentive is not available for im-
business, and if that property has not local businesses that meet their com-
manufacture finished products. provements to private buildings unless
been assessed by the Municipal Rev- mitments related to job creation and
—Machinery and equipment (and they can help create and retain jobs, in
enue Collections Center (CRIM by its accessories thereof) used in the retention, receive a basic incentive which case Pridco board approval is
Spanish acronym). manufacturing process or in the payment for each employee hired. The required. The company will receive an
construction or repair of ships in- incentive is $400 per employee for new orientation from Pridco and must sub-
• Municipal License & Other side or outside the premises of a businesses and $250 per employee for mit certain information for evaluation,
Municipal Taxes manufacturing plant. expansions of existing businesses. including project drawings, specifica-
• Eligible businesses shall enjoy full —Machinery, trucks or forklifts used tions, cost estimates, agency approvals
exemption from municipal taxes or exclusively and permanently to • Incentive for Job Creation and any other document required for
municipal licenses that apply to the transport the raw material with- and Location the installation or construction of im-
volume of their business generated in the circuit of the tax-exempt In addition to the basic incentives, provements. The application for this in-
during the quarter of the government business. companies can receive a location- centive must be prepared and certified
fiscal year in which the exempted —Machinery, equipment and all based incentive for job creation outside by a licensed engineer or architect.

20 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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Puerto Rico
Market Facts
including labor costs, tolls and other
• Incentive for the Manufac- expenses related to transportation,
turing of Furniture & Related based on an evaluation by Pridco. The
Products and the Apparel eligible company may request the in-
Industry & Similar Products centive at the end of each trimester,
This incentive is available for Puerto after the commencement of operations
Rican businesses that have been oper- has been certified, or at the end of the
ating for at least one year in the manu- fiscal year, whichever is more conve-
facture of furniture or related products, nient. The application must include de-
or in the manufacture of apparel or tailed costs. The commitments will be
similar products that qualify for the formalized through a contract.
economic incentives provided by Act 8
of 1986. Moreover, this incentive can • Marketing Incentives
be granted in addition to other special Program
incentives. Businesses that qualify for This matching fund is available to
the incentive will receive a cash in- qualified, local, Pridco-promoted com- administered by Pridco in further- and proper framework for the es-
centive of 3% of eligible sales, up to panies whose sales are greater than ance of its industrial promotion ef- tablishment and development of
a maximum amount of $150,000 per $100,000 per year and whose com- forts, including the improvement and new companies through special-
business per year. mencement of operations has been development of industrial property. ized resources.
The incentive can be used to ac- certified. Through this incentive, Pridco • The development and establishment —Establishing centers and train-
quire raw materials, machinery or will reimburse 50% of the cost incurred, of special programs for self-employ- ing programs in information and
equipment; acquire and/or improve up to $50,000, for publicity, publica- ment or micro-enterprises to bring communication systems for un-
the company’s manufacturing facili- tions, promotional material, market gainful employment to the economi- employed people throughout the
ties; pay production payroll (where the research and special promotional ac- cally marginalized. island.
company is not already participating tivities. The company must submit the
• Special incentives for the establish- —Establishing educational pro-
in another reimbursement program); application to Pridco for evaluation at
ment in Puerto Rico of industries of grams at all levels with empha-
subsidize the lease of buildings hous- least 60 days before the promotional
strategic importance to the govern- sis on languages, sciences and
ing the manufacturing process; acquire campaign or marketing activity will be
ment, including the investment in mathematics.
technical assistance, training in new carried out.
venture capital funds that promote • Support regional initiatives for the
production techniques, administration,
this type of industry, upon authoriza- development of companies, re-
promotion and/or marketing; improve
services through computerized equip- Special Fund for Economic tion by the Economic Development search and development, establish-
Development Bank. ment of incubators and other related
ment; promote the business’ services
Puerto Rico is focused on attracting • Special incentives for the acquisi- objectives.
and/or products outside Puerto Rico;
research and development to the is- tion of exempted businesses by their Similarly, the Puerto Rico Science,
make interest payments on loans re-
land. Act 73 established a Special Fund Technology & Research Trust (the
lated to operations; and other purposes management.
for Economic Development (FEDE by • Special incentives for establishing Trust)—an autonomous entity that re-
established under Act 8.
its Spanish acronym). This fund can be ceives funding from the FEDE and the
To qualify, a company must apply programs to further and promote in-
utilized for the following programs or Scientific Research Fund of the Uni-
during July or August and submit all vestment, technology and training of
uses: versity of Puerto Rico, among other
required documentation to Pridco. The small and midsize businesses.
• Scientific research, development of • Financial support to community sources—provides a financing option
application will be received and evalu-
new industrial products or process- for research, development and infra-
ated by the Office of Strategic Planning businesses.
es, improvement of existing products • Special incentives for the establish- structure projects in the fields of sci-
& Economic Analysis. Once it is deter-
or processes in nonprofit private-ed- ence and technology.
mined that the company is eligible, it ment and development of the strate-
ucation institutions. About 30% to 40% of the Trust’s an-
can request the incentive at the end of gic projects in the incentives act.
• Special incentives for scientific and • Support for entities or programs ded- nual budget is used to finance corpo-
each trimester.
technical research and the devel- rate activities and projects that have
icated to: an impact on science and technology
opment of new industrial product
• Incentive for Industries —Furthering the establishment of research and development in Puerto
processes, improvement of existing
located in Vieques & Culebra networks for public Internet ac- Rico. Another 30% to 40% is invested
products and processes, research
Companies that are promoted by cess and reducing the digital di- in academic projects (to match aca-
and development directed toward
Pridco may be eligible for a cash incen- vide in Puerto Rico. demic research initiatives), recruiting
bioscience, information technology,
tive of up to $100,000 for establishing —Rendering consulting services in and retaining scientists, and creat-
agricultural biotechnology, aeronau-
and operating a business in Vieques or tical engineering and renewable en- information systems for small or ing an effective structure to commer-
Culebra. The incentive can be used for ergy, among others. midsize businesses. cialize products. From 20% to 30%
maritime, land and aerial transportation • An industrial incentives program — Establishing incubation centers
of raw materials and finished products, that provide a support structure Continues on page 22

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 21

BOL_19-25 21 1/19/17 5:01:26 PM


Continued from page 21
Banking Act of 1978; therefore, all direct access to the U.S. and other in- strategies as captive or associated
IBEs in Puerto Rico are exempt from ternational markets, Puerto Rico is a captives insurers;
is earmarked for the development of International Banking Association re- sound gateway for insurers and rein- • Insurers or reinsurers vehicle to en-
research infrastructure, such as insti- quirements for domestic financial surers wishing to enter the Latin Amer- ter Latin America or U.S. markets;
tutes, programs, incubators and more. institutions. ican insurance and financial market. • Special purpose vehicles;
Applications to FEDE should be sub- Similarly, Puerto Rico IBEs are gener- • Vehicle for integrated insurance
mitted to the executive director of Prid- ally exempt from the U.S. Bank Holding Legal Background plans;
co. The application must be approved Company Act (BHCA) and thus may be Act 399 and Act 400 in Chapter 61 of • Corporate reorganization us-
by the Pridco board. affiliated with commercial institutions the Puerto Rico Insurance Code were ing international insurers holding
(if the IBE accepts demand deposits adopted to establish the basis for the companies;
and issues commercial loans, however, • Segregated assets plans to serve
Agriculture it will be considered a bank under the
International Insurance Center (IIC),
high net-worth individual market;
Puerto Rico provides incentives to which provides a competitive envi-
BHCA). IBEs are given attractive tax ronment for insurers and reinsurers • Securitization programs.
promote the sustainable growth of the
treatment. to cover risks outside of Puerto Rico,
island’s agriculture sector.
under a secure and flexible regulatory
Agricultural International Insurers system, with attractive tax benefits. Act Public-Private
Incentives Law Puerto Rico, both by its geographical 98 provides a long-term tax status that Partnerships
location, as well as its financial, admin- will guarantee the tax treatment of in- Puerto Rico has embraced public-
The Agricultural Incentives Law pro-
istrative and professional-services infra- ternational insurers and reinsurers for private partnerships (PPPs) as a way
vides incentives to bona fide farmers
structure, has the necessary attributes an initial period of 15 years, renewable to leverage the capital and expertise
and agricultural businesses. To qualify
to attract this type of economic activity. for two additional 15-year periods. of the private sector with the manage-
as a bona fide farmer, an applicant must
It has a sophisticated and expe- International insurance entities have ment and oversight of the government
obtain certification from the secretary
rienced financial-services industry, various alternative ways to organize to provide the public with needed as-
of Agriculture proving the applicant is
which includes a highly developed in- and operate within the IIC. These op- sets and services. Puerto Rico’s Public-
engaged in an agricultural business as
surance sector, as well as trustworthy tions include operating as an interna- Private Partnerships Authority (PPPA) is
defined by regulation, and a determina-
legal and regulatory frameworks. tional insurance holding company, as the public entity responsible for imple-
tion from the secretary of the Treasury
Act 399 of Sept. 22, 2004, known as an international insurer or a branch of menting public-private partnerships.
that 50% of the applicant’s income de-
the International Insurers & Reinsurers an international insurer and protected Among its main functions are:
rives from this agricultural business.
Act of Puerto Rico, provided the prin- cell arrangements. • Establishing priorities among key
cipal legal grounds to develop Puerto projects with high PPP potential.
Annual Bonus for Rico as an international insurance • Conducting or commissioning
Tax Treatment
Agricultural Workers center focused on the exportation of Tax exemptions conferred under the analyses, as well as feasibility, de-
Act 42 of 1971 establishes that the insurance and reinsurance services to International Insurers & Reinsurers Act sirability and convenience studies
secretary of Agriculture will pay an international markets. of Puerto Rico include: regarding specific PPP projects.
annual bonus to every person who Generally, an international insurer Exemption from Premium Taxes; • Creating and approving regulations
(1) produces agriculture or livestock, is one that provides direct insurance Exemption on dividends and other to govern procedures leading to the
(2) maintains a farm or its direct de- only for risks outside of Puerto Rico, al- profit distributions made by the Inter- establishment of partnerships.
pendencies, or (3) affects the storage, though it can provide surplus lines cov- national Insurer & International Insurer • Evaluating the terms and condi-
transportation, distribution and mar- erage and reinsurance for risks located Holding Co.; tions of each partnership contract
keting of farm produce. in Puerto Rico. Exemption on municipal franchise and making recommendations to
An international insurer holding com- and real and personal property taxes; the PPPA board and the partnering
pany is a Puerto Rico legal entity that Exemption from withholding taxes on government entity.
Wage Subsidy Program to
holds shares or other securities of an payments of dividends and other profit • Entering into direct contracts with
Eligible Farmers, Act 46 of international insurer or another inter- distributions made to third parties, and third parties for specialized servic-
Aug. 5, 1989 national insurer holding company. from filing tax returns with the Puerto es related to the establishment of
Act 46 of 1989 subsidizes certain farm A branch is a business unit through partnerships.
Rico Internal Revenue Service;
wages. Under this law, a farmer initially which a foreign insurer not organized The Puerto Rico government plans
Isolation of the proceeds and benefits
has to pay farm employees the required under Puerto Rico law carries out busi- to utilize PPPs for strategic public
paid by international insurers because
wages from his or her own pocket. The ness transactions along the lines of an infrastructure projects in areas
of liquidation procedures from income
government of Puerto Rico, through the international insurer. such as roadways, airports, schools,
taxes; and
Agricultural Development Administra- International insurers, branches and powerplants, and water & sewage
A $1.2 million tax exemption on net
tion, will then reimburse the farmer the international insurer holding compa- systems. As of Jan. 2011, some 28
income. Exemption applicable at the
amount of the wage subsidy. nies are given attractive tax treatment. strategic projects had been identified,
individual cell level for Protected Cell
In addition, they are not required to Company arrangements and at the representing an estimated $7 billion
file tax returns, and revenue to nonresi- investment.
International Banking dents is exempt from taxation.
company level. Preferred 4% tax rate
on net income, guaranteed by a decree
Entities (IBEs) Act 98 of 2011 facilitates the estab- effective over a renewable period of 15
Puerto Rico’s International Bank- lishment of entities that export insur- years. Film & Creative Services
ing Center law permits the creation of ance and reinsurance services, al- The Puerto Rico Film Commission
international banking entities (IBEs), lowing Puerto Rico to compete with (PRFC) was created in 1999 to develop
which are essentially banks located in jurisdictions such as Bermuda, Cayman Business Opportunities the film industry on the island, in part
Puerto Rico that provide financial ser- Islands and Vermont, which for years The International Insurance Center is by offering incentives to off-island pro-
vices to clients outside of Puerto Rico. have successfully engaged in promot- a platform for the following business ducers looking to develop their projects
Puerto Rico is considered a foreign ing this type of activity. opportunities, among others: in Puerto Rico.
jurisdiction under the U.S. International Due to its many advantages, including • Alternative risk-management The PRFC’s primary incentives are
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Puerto Rico
Market Facts
a 40% tax credit on local production and state taxes on property.
expenditures, and a 20% tax credit on —100% exemption from municipal
production expenditures on nonresi- license, excise and other munici-
dent talent provided they are subject to pal taxes.
income taxation in Puerto Rico. In addi-
tion, the PRFC also provides incentives Hotel/Hospitality
for film industry-related infrastructure
projects. Development
The 40% tax credit is calculated on The Puerto Rico tax incentive pack-
expenditures and is issued in the form age offers hotel developers a competi-
of a transferable tax credit. tive advantage over developing in other
To be eligible, the payments to Puerto destinations.
Rico residents have to be made by a Act 74 of 2010, known as the Tour-
licensed film entity. The film entity does ism Development Act of Puerto Rico,
not need to be organized in Puerto intends to facilitate the establish-
• A business operation dedicated sections of Act 113 to further expand
Rico, and it can be a single-purpose ment of tourism-development projects
to renting or leasing to an exempt the incentives provided by the Puerto
company established in Puerto Rico or throughout Puerto Rico. Act 118 of
business dedicated to tourism-re- Rico Ports Authority to promote transit
a subsidiary registered to do business 2010, known as the Law for Munici-
lated activities. and homeport cruise visits to Puerto
in Puerto Rico. pal Economic & Tourism Development,
Tax exemptions under this law will Rico, as well as extend other incentives
A $100,000 minimum spending re- aims to facilitate the establishment of
remain valid for a period of 10 years for the cruise industry up to Fiscal Year
quirement per project ($50,000 for world-class tourism-development proj-
from the starting date of the eligible 2018.
short films) is necessary to apply for ects throughout Puerto Rico.
tourism-related project, and the busi-
these incentives. However, there are ness operation will be entitled to a 10-
no per-project or individual wage caps,
Incentives for Local
Tourism Incentives for the year extension. Suppliers
nor caps on credits for payments to
nonresidential talent. The annual cap Economic Development of The Puerto Rico Tourism Co. reim-
on credits for payments to Puerto Rico Municipalities of 2010 Cruiseship Industry burses cruiseship owners at a rate of
residents is $50 million (and may be The main criteria for eligibility are be- 10% for food and beverage purchases
The cruise industry is one of Puerto
expanded up to $350 million). ing a world-class hotel with a four-star made from certified local suppliers
Rico’s main tourism and economic sec-
With the signing of the Puerto Rico rating; planning for diverse commercial while the cruiseship is docked at any
tors, not only for its economic impact,
Film Industry Incentives Act of 2011 and recreational establishments, other Puerto Rico port.
but also because of the role it plays in
(Act 27 of 2011), the PRFC expands tourist attractions and facilities typical promoting the island’s image to the
many of its incentives to stimulate the of four-star hotels, including casinos; world. Puerto Rico is, in turn, a top- Education & Training—
local film infrastructure. developing exclusively with private tier destination for the cruise industry. the Workforce
capital. Dockings in Puerto Rico, which total
Infrastructure Incentives nearly 1.2 million passengers annually, Investment Act
Tourism Development Act of have a direct economic impact of more The Puerto Rico Human Resources
• 25% tax credit on costs for devel-
Puerto Rico of 2010 than $245 million a year. & Occupational Development Council
opment or expansion of infrastruc-
ture projects. The main criteria for eligibility are Act 113 of 2011, known as the Law (HRODC) administers funds received
• Minimum hard costs of $5 million. new facilities, existing facilities that for the Promotion & Development of by Puerto Rico under the federal Work-
• Maximum aggregate annual cap have not been in use for three or more the Cruiseship Industry in Puerto Rico, force Investment Act (WIA).
years, and existing facilities where further strengthens Puerto Rico’s com- The program offers workforce training
of $10 million and lifetime cap of
substantial renovations or expansion petitiveness in the cruise industry, in- incentives to businesses through on-
$150 million for all infrastructure
credits. will take place. cluding such key segments within the the-job training, customized training,
The following business activities industry as the supply chain, service combined programs and retraining:
qualify as tourism-related activities: providers and cruiselines. • On-the-job training:WIA reimburses up
Film Development Zone— • Ownership or administration of: (1) The law provides a string of incen- to 50% of the salary of the participant
PPP Operational Structure hotels, condo hotels, timeshares/va- tives to promote transit and homeport for the duration of the training, which
• People engaged in qualifying media cation clubs, hostels, guesthouses, cruise visits, spur travel agencies to sell will vary according to the occupation
and infrastructure projects, as well excluding the operations of casi- packages to nonresidents that include and the participant’s professional and
as the operation of a large-scale nos; (2) theme parks, golf courses, both a cruise and a stay in a hotel in educational experience level.
studio within the film-development marinas for tourism purposes, port Puerto Rico; the purchase of products • Customized training: WIA reimburses
zone, shall be eligible for favorable facilities in areas that promote tour- in Puerto Rico; the local procurement up to 50% of the salary of the partici-
tax treatment: ism activities; (3) natural resources of ship maintenance and repair servic- pant as compensation for extraordi-
—4% fixed income tax rate. as a source of entertainment value; es; and the promotion of excursions for nary costs and additional supervision
—100% exemption on dividends. and (4) other entertainment or recre- cruiseship passengers.
—90% exemption from municipal ational tourism-related facilities. Act 80 of 2013 amended certain Continues on page 24

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 23

BOL_19-25 23 1/19/17 5:01:32 PM


Continued from page 23
• Up to $300,000 for environmentally contracts of the Puerto Rico Govern- strategically located warehouses and
friendly projects. ment is set aside for local small and commercial facilities in San Juan,
that comes with the training. • Up to $5 million for businesses that midsize businesses. Ponce and Mayagüez.
• Combined program: WIA grants 100% help their industry. From these warehouses, clients
of training costs and up to 50% of the The EDB provides lines of credit of: —Promoexport (Puerto Rico distribute consumer goods such as
participant’s salary for the duration • Up to $750,000 for federal Exports, Expopartners) food, pharmaceuticals, chemical
of the training. contractors A program that offers the basic tools products and others to local and
• Retraining: WIA grants 100% of the • Up to $750,000 for companies look- to enter international markets. It seeks international markets. The CCE also
costs of retraining employees to han- ing to export. to stimulate and promote Puerto Rican maintains the facilities known as
dle new tasks and up to 50% of the exporting activity by providing analy- the Centro Mercantil Internacional,
salary of the participant during the The Puerto Rico Commerce ses of a business’ export potential, Distribution Center and Free Trade
retraining period. support in identifying potential inter- Zone 61 in Guaynabo.
& Export Co. national markets, technical assistance
The CCE is a public corporation under
in the exportation process, workshops • Free Trade Zone 61
Free-Trade Zones the Department of Economic Develop-
and seminars on international trade,
Puerto Rico has the largest noncon- ment & Commerce umbrella. Businesses can reduce their storage
and participation in international busi- and operational costs when they estab-
tiguous free-trade zone (FTZ) system in The CCE’s mission is to foster the
ness fairs and missions, among other lish operations in Foreign Trade Zone
the U.S. The system allows companies development of trade, with special
benefits. 61 or create a subzone within their
to obtain significant financial savings emphasis on small and midsize busi-
The Financial Incentive to Develop place of operations. This can eliminate
because raw material, components nesses, and the export of Puerto Rican
Women in the Export Business provides or postpone merchandise taxes and
and packaging can be transported tax- products and services to other coun-
up to $5,000 to each participant. Proj- duties.
free throughout these zones, and items tries or regions.
ect MARCA P. ERE promotes the design
shipped abroad after processing are Among the programs, incentives and
and fashion segment as an important
exempt from U.S. taxes. laws with which it operates are: • Puerto Rico World Trade
component of the island’s financial
With Free Trade Zone 61, businesses development. Center (PRWTC)
can reduce their storage and opera- Jobs Now Act (Ley De The PRWTC provides access to the
tional costs when they establish op- Empleos Ahora) best ideas in international business,
erations in Foreign Trade Zone 61 or
• Financing & Consulting
A law that will help create 50,000 as well as new international marketing
create a subzone within their place of Services channels, and extends the benefits of
jobs in 18 months and incentives such
operation. This can eliminate or post- The CCE offers consulting services on the World Trade Center Association to
as: use permits processed in only 24
pone merchandise taxes and duties. matters such as how to establish a new its members.
hours, energy credits, tax exceptions
business or how to expand an existing The PRWTC offers a wide range of
on personal and real-estate property,
business, available options for financial services for businesses interested in
Small & Midsize and $1 rental of spaces from the gov-
help in state and federal agencies, and internationalizing their products and
ernment, among others.
Businesses commercial projections and financial services: business training, meeting
Small and midsize enterprises busi- statements, among others. rooms, local and international business
Community Economic
nesses play a significant role in the missions and fairs, international busi-
economy of Puerto Rico, and the gov- Development Program • Foreign Trade & Business ness services and counseling, and the
ernment is focused on facilitating their (Desarollo Económico Development Institute (ICEDE international business library.
growth. Two governmental agencies Comunitario) by its Spanish acronym)
are particularly focused on SMEs, the Stimulates business incubators and The ICEDE designs functional training Credit for Electric Power
Economic Development Bank and the community microenterprises with re- courses to instruct SMEs on the latest The Puerto Rico Electric Power Au-
Puerto Rico Commerce & Export Co. sources, services and funding with up business trends. thority (Prepa) is authorized to grant a
(CCE by its Spanish initials), or Puerto to $50,000 for new and existing com- 10% credit, up to a maximum of $40
Rico Trade Co., munity incubators, and up to $5,000 • Voluntary Chain Program per month or $480 per year, to small
for community microenterprises. The Voluntary Chain Program permits retailers or nonprofessional personal
The Economic groups of independent businesses to logistics facilities with seven or fewer
Development Bank Foreign Trade Business unite under one name to create a com- employees that are located in urban
The Economic Development Bank Development Institute (Insti- mon market and strengthen their com- centers.
(EDB) offers financial support to SMEs tuto de Comercio Exterior y petitiveness. Voluntary chains must be
through asset-based loans, participa- Desarrollo Empresarial) endorsed by the CCE. Voluntary chains Renewable Energy
tion loans with private financial institu- Offers business education, providing are exempt from municipal license Puerto Rico is entering a new age in
tions or under the SBA 504 loan guar- intelligent courses in management, in- taxes for the volume of their gener- terms of its diversification of energy
antee program, mezzanine financing novation and competitiveness. ated sales and inventory tax payments. sources with the implementation of
or capitalization loans, tourism project They tend to benefit from reduced op- a new public energy policy and pro-
loans, management buyout loans, and erational expenditures, more bargain- grams to diversify energy sources, en-
Urban Center Direct ing power to obtain better terms and
credit lines for operational capital. suring that the generation of electric-
The EDB financial support includes Employment Program & prices on group purchases, and stron- ity on the island is affordable, viable
loans of: Commercial Impact to the ger brands. Each owner can have up to and sustainable. Act 82 of 2010, also
• Up to $500,000 for women Urban Center Program five establishments within the chain. known as the Energy Diversification
entrepreneurs. The CCE offers incentives for revital- by Means of Sustainable & Alternative
• Up to $5 million for agricultural ization and job creation through these • Commercial Facilities Renewable Energy Act, was approved
projects. programs: The CCE’s real-estate division can on July 19, 2010, along with Act 83 of
• Up to $500,000 for new-business —Set Aside Program provide storage facilities for prod- 2010, also known as the Green Energy
owners. Fifteen percent of the purchases and uct distribution. The CCE manages Incentives Act.
24 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_19-25 24 1/19/17 5:01:39 PM


Puerto Rico
Market Facts
The Energy Diversification services from Puerto Rico.
by Means of Sustainable & Puerto Rico has a highly educated
and professional labor force that can
Alternative Renewable fulfill the labor market demands for the
Energy Act of 2010 provision of export services.
• Recognizes many sources of re- The purpose of the Export Services
newable energy utilizing various Act (Act 20) enacted Jan. 17, 2012, is
technologies. to establish and develop in Puerto Rico
• Sets a hard target of 12% renewable an international export services center
energy production by 2015, and and diversify the drivers of economic
15% by 2020, with a requirement growth by encouraging local service
for retail-energy providers to estab- providers to expand their services to
lish a plan to reach 20% renewable- persons outside of Puerto Rico, promote
energy productionby 2035. the development of new businesses in
• Establishes Renewable Energy Cer- Puerto Rico and stimulate the inbound
tificates (RECs) as legally recognized transfer of foreign service providers to
assets that can be purchased, sold, Puerto Rico.
traded and transferred separately The Export Services Act applies with
from electric power. respect to any business with an office
• Mandates implementation of a re- located in Puerto Rico that is engaged Individual Investors Act
newable registry, an electronic Job Generation & Retention
in the export of services to nonresident
platform to manage the issuance, individuals and/or foreign entities. (Act 22) for Small & Midsize
tracking and trading of RECs. On Jan. 17, 2012, Puerto Rico also Businesses Act
• Creates a permanent Renewable enacted Act 22, also known as the In- Also known as Act 120 of June 30,
Businesses eligible to benefit
Energy Commission as an oversight dividual Investors Incentives Act. The 2014, the legislation establishes a tax
from Act 20: law provides tax exemptions to eligible
entity focused solely on the imple- and salary incentives program for small
• Research & development; individuals residing in Puerto Rico, and
mentation of renewable portfolio and midsize businesses.
• Advertising and public relations; may have profound implications for the
standards. The goal of the act is to make viable
• Economic, environmental, tech- continued economic recovery of the is-
the development and expansion of
nological, managerial, marketing, land. To avail themselves of such bene-
Green Energy Incentives information systems, engineering fits, individual investors need to become
this business sector as well as for the
Act of 2010 creation and retention of jobs at those
and other consulting services; residents of Puerto Rico and apply for a
• Creates a Green Energy Fund (GEF) small and midsize businesses facing
• Professional services; tax-exemption decree.
through which the government of serious economic difficulties.
• Headquarters and/or share services Act 22 is designed to primarily at-
Puerto Rico will co-invest $290 mil- Benefits for new eligible businesses
centers; tract high-net-worth individuals, empty
lion in renewable-energy projects include: 50% reimbursement of the
• Electronic-data processing centers; nesters, retirees who currently relocate
during the next 10 years; initial federal minimum wage ($3.63 an hour)
• Development of licensable com- to other states and individual investors
funding of $20 million began July for up to 15 employees in two years; a
puter software; from the U.S. and other countries, by
1, 2011 (steps up to $40 million by preferential income-tax rate for three
• Call centers; eliminating all taxes on passive income
fiscal 2016). years of 5%, 10% and 15%, respec-
• Distribution centers (hubs); that accrues after they relocate to the
• Through the GEF, the P.R. Energy tively; 50% exemption on real property
• Medical and hospital services; island. While dividends and interest in-
Affairs Administration offers cash and property tax; 50% exemption on
• Investment banking and financial come earned by Puerto Rico residents
rebates of up to 60% on the cost the State Insurance Fund premiums;
services; and others. on U.S. securities are generally taxed
of installing Tier 1 or small projects 50% exemption on the municipal busi-
(0 kW-100 kW) for residences and by the federal government, capital ness license; priority and expedited
Tax Benefits under Act 20: gains taxes on their sales are based on
small businesses, and up to 50% on • 4% maximum tax rate on income residence. financing from the Economic Develop-
the cost of Tier 2 projects (100 kW-1 related to exportation of services; ment Bank, under attractive terms; a
MW) for commercial or industrial • 100% exemption on income- tiered Christmas bonus—businesses
use. tax rate on dividends or profit Tax Benefits under Act 22: with 26 employees or more: $200,
distributions; • 100% tax exemption from Puerto $400 and $600 on the first, second and
Export Services Act (Act 20) • 60% exemption on municipal- Rico income taxes on all dividends; third years, respectively; businesses
The main objectives of the Export license taxes; • 100% tax exemption from Puerto with fewer than 26 employees: $175,
Services Act are to turn Puerto Rico • 90% exemption of real and prop- Rico income taxes on all interest; and $225 and $275 the first, second and
into an international hub of export ser- erty taxes on call centers, corpo- • 100% tax exemption from Puerto third years, respectively. 䡲
vices, retain local talent, attract foreign rate headquarters and distribution Rico income taxes on all short-and
talent and foreign capital and create a centers; and long-term capital gains accrued By CB Staff
special fund for promoting the estab- • 20-year tax decree, renewable for after the individual becomes a bona Revised by the Puerto Rico Economic
fide resident of Puerto Rico. Development & Commerce Department
lishment of new businesses to export an additional 10 years.
THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 25

BOL_19-25 25 1/19/17 5:01:39 PM


ES
MÁS QUE UNA
REVISTA...
UN ESTILO
DE VIDA

imagen.pr

Para reservar su espacio, comuníquese hoy al departamento de IMAGEN, www.imagen.pr,


g p , son p
parte del
ventas, al 787.728.1240 ó via email: sales@lmh.pr

BOL_26 26 1/19/17 5:10:11 PM


As Ranked by ®
PUERTO RICO’S PUBLIC COMPANIES
(Listed According to Stockholder Equity as of December 31, 2015)
Current/ Company Name Stockholder Shares Total Ticker Year 52-Week Top Executive
Previous Physical Address Equity $ as of Outstanding Assets $ Symbol * Established Low $ High $ Title
Ranking Internet Address Dec. 31, 2015 in P.R. Telephone/Fax
1/1 Popular Inc. 5,105,324,000 103,618,976 35,769,534,000 BPOP.Q 1893 26.96 35.58 Richard L. Carrión
Popular Center Bldg. Chairman/CEO
209 Muñoz Rivera Ave. (787) 765-9800 / (787) 759-7803
Hato Rey 00918
www.popular.com
2/2 First BanCorp 1,694,134,000 215,088,698 12,573,019,000 FBP.N 1948 3.06 6.74 Aurelio Alemán
1519 Ponce de León Ave. CEO/President
Stop 23 (787) 729-8200 / (787) 725-8339
Santurce 00908
www.1firstbank.com
3/3 OFG Bancorp 897,077,000 43,867,909 7,099,149,000 OFG.N 1964 6.44 17.81 José R. Fernández
Oriental Center CEO/President/Vice Chairman
254 Muñoz Rivera Ave. (787) 771-6800 / (787) 777-2854
Hato Rey 00918
www.orientalbank.com
4/4 Triple-S Management Corp. 849,017,000 24,998,723 2,213,189,000 GTS.N 1959 17.69 26.50 Roberto García Rodríguez
1441 F.D. Roosevelt Ave. CEO/President
San Juan 00920 (787) 749-4949 / (787) 749-4191
www.triplesmanagement.com
5/5 Evertec Inc. 112,172,000 77,181,123 880,631,000 EVTC.N 2004 16.10 23.07 Morgan M. Schuessler Jr.
Rd. 176, Km. 1.3 CEO/President
Cupey Bajo (787) 759-9999 / (787) 766-4585
Río Piedras 00926
www.evertecinc.com
* The letter following after each ticker symbol indicates the market in which the company trades:
.N - New York Stock Exchange
.Q - Nasdaq GS
Unless otherwise noted, all information was provided by the companies or obtained from public records.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

As Ranked by ®

LARGEST U.S. PUBLIC COMPANIES IN PUERTO RICO


(Listed According to Number of Full-Time Employees in Puerto Rico)
Current/ Company Name No. of Current/ Company Name No. of
Previous Corporate Website Full-Time Previous Corporate Website Full-Time
Ranking Employees in P.R. Ranking Employees in P.R.
1/1 Wal-Mart Stores Inc. 13,295* 13/12 AT&T 1,975
www.walmart.com www.att.com
2/2 Walgreen Co. 4,500 14/13 Amgen 1,800
www.walgreens.com www.amgen.com
3/6 Medtronic Inc. 4,015 15/15 J.C. Penney Co. 1,650*
www.medtronic.com www.jcp.com
4/3 Sears Holdings Corp. 3,879 16/19 Eli Lilly & Co. 1,600
www.searsholdings.com www.lilly.com
5/4 Johnson & Johnson 2,801 16/- The Home Depot 1,600
www.jnj.com www.homedepot.com
6/5 McDonald’s Corp. 2,782* 18/13 Eaton 1,500
www.mcdonalds.com www.eaton.com
7/16 Pfizer 2,270 19/11 General Electric 1,400
www.pfizer.com www.ge.com
8/17 TJX Companies Inc. 2,500 20/18 St. Jude Medical Inc. 1,214
www.tjx.com www.sjm.com
9/8 Marriott International Inc. 2,414 * CARIBBEAN BUSINESS estimate
www.marriott.com Employee figures correspond to April-November 2016 and includes local branches & subsidiaries.
9/10 The Wendy’s Company 2,414 Number of full-time employees includes part-time employees where applicable
www.wendys.com (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from their websites.
11/7 Yum! Brands 2,376 Research by Marilda A. Quiñones del Castillo
www.yum.com Copyright © 2017 CARIBBEAN BUSINESS
12/9 Baxter International Inc. 2,018
www.baxter.com

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 27

BOL_27.indd 27 1/16/17 10:47:26 AM


As Ranked by ®
PUERTO RICO’S TOP PRIVATE-SECTOR EMPLOYERS
(Listed According to Number of Full-Time Employees as of November 2016)
Current/ Company Name Physical Address No. of Type of Business Year Contact Person
Previous Telephone/Fax Full-Time Established Title
Ranking Internet/Email Address Employees in P.R.
1/1 Wal-Mart Puerto Rico Inc. Bo. Río Cañas 13,295* Discount department store, 1992 Jaime L. Fernández
(787) 653-7777 / (787) 653-7140 Hwy. 1, Km. 28.7 supermarket & membership club Regional General Manager
www.walmartpr.com Caguas 00725
2/2 Popular Inc. Popular Center Bldg. 7,215 Diversified financial services 1893 Richard L. Carrión
(787) 765-9800 / (787) 759-7803 209 Muñoz Rivera Ave. Chairman/CEO
www.popular.com Hato Rey 00918
3/3 Supermercados Econo Inc. Sabana Abajo Ind. Park 6,550* Supermarket chain 1970 Eduardo Marxuach
(787) 620-9292 / (787) 620-4630 1428 Río Danubio St. CEO
www.superecono.com Carolina 00985
4/5 Metro Pavía Health System Inc. Maramar Plaza 4,956 Hospital system 1998 Karen Z. Artau Feliciano
(787) 620-9770 / (787) 620-9771 101 San Patricio Ave., Suite 960 President
www.metropavia.com Guaynabo 00968
5/4 Grupo HIMA-San Pablo Inc. 100 Luis Muñoz Marín Ave. 4,875 Hospital system 1988 Joaquín Rodríguez Sr.
(787) 653-3434 / (787) 653-1790 Caguas 00726 CEO
www.himapr.com
6/6 Walgreens Villa Caparra Urb. 4,500 Drugstore chain 1960 Nivia I. Santiago
(787) 705-6555 / (787) 705-0206 580 Buchannan Marginal St. Regional Vice President
www.walgreens.com Guaynabo 00966
7/7 Ana G. Méndez University System Rd. 176, Km. 0.3 3,876 University system 1949 José F. Méndez
(787) 751-2262 / (787) 751-6750 Río Piedras 00926 President
www.suagm.edu
8/13 Inter American University of P.R. Inc. Jardines Metropolitanos Urb. 3,852 University 1912 Manuel J. Fernós
(787) 758-6260 / (787) 764-1653 399 Galileo St. President
www.inter.edu Río Piedras 00927
9/18 Medtronic PLC Ceiba Norte Ind. Park 3,726 Surgical & medical devices 1974 Félix M. Negrón
(787) 561-2200 / (787) 561-2397 50 Rd. 31, Km. 24.4 manufacturer Operations Vice President
www.medtronic.com Juncos 00777
10/11 Caribbean Restaurants LLC Puerto Nuevo Dist. Center 3,447* Fast-food franchise operator 1963 Aniceto Solares
(787) 474-7777 / (787) 275-7800 Bldg. 1, Rd. 5, Km. 27.4 CEO
www.burgerkingpr.com Cataño 00962
11/12 Triple-S Management Corp. 1441 F.D. Roosevelt Ave. 3,398 Insurance holding company 1959 Roberto García Rodríguez
(787) 749-4949 / (787) 749-4191 San Juan 00920 CEO/President
www.triplesmanagement.com
12/10 Claro Puerto Rico 1515 F.D. Roosevelt Ave. 3,341 Telecommunications 1914 Enrique Ortiz de Montellano
(787) 782-8282 / (787) 749-3933 Guaynabo 00968 CEO/President
www.claropr.com
13/8 Genesis Security Services Inc. Villa Carolina 4th Ext. 3,250 Security services 1997 Emilio Morales Laboy
(787) 776-2381 / (787) 757-8975 143-12 401 St. President
www.genesissecuritypr.com Carolina 00985
14/9 St. James Security Services Inc. Caribe Urb. 3,239 Security services 1977 Marcos Rivera Rivera
(787) 754-8448 / (787) 281-6254 1604 Ponce de León Ave. President
www.stjamessecurity.com Río Piedras 00926
15/14 Johnson & Johnson Los Frailes Ind. Park 2,801 Pharmaceutical manufacturer 1962 Pedro Costa
(787) 272-6500 / 475 C St. Government & Public
www.jnj.com Guaynabo 00969 Affairs Director
16/15 Arcos Dorados Puerto Rico LLC Montehiedra Office Centre 2,782* Fast-food franchise operator 1967 Gabriel Serber
(787) 748-8200 / 9615 Los Romeros Ave., Suite 307 Managing Director
www.mcdonalds.com.pr Río Piedras 00926
17/17 Encanto Restaurants Inc. Montehiedra Office Centre 2,575 Fast-food franchise operator 1966 José Ribas
(787) 792-4311 / (787) 277-7780 9615 Los Romeros Ave., Suite 200 CEO
www.empleosencantopr.com Río Piedras 00926
18/19 South American Restaurants Corp. (Sarco) Amelia Ind. Park 2,484* Fast-food franchise operator 1978 Juan A. Larrea
(787) 788-8811 / Diana St., Lot 35 President
www.churchspr.net Guaynabo 00968
19/- Mennonite General Hospital Inc. Bo. Rincón 2,396 General hospital 1944 Pedro L. Meléndez
(787) 535-1001 / (787) 535-1014 Lomas Sector CEO
www.hospitalmenonita.com Cayey 00737
20/16 Kmart Corp. Montehiedra Town Centre 2,315 Discount department store 1962 Dave Rodney
(787) 287-3141 / (847) 396-1964 9410 Los Romeros Ave. President
www.kmart.com Río Piedras 00926
21/23 Fuller Group 103 Conquistadores Ave. 2,200 Maintenance services & supplier 1969 Jorge López Guedes
(787) 788-8080 / (787) 788-8144 Cataño 00962 CEO/President
www.fullergrouppr.com
22/20 International Restaurant Services Inc. Amelia Dist. Center 2,104 Fast-food franchise operator 1994 Artur Jotic
(787) 273-3131 / (787) 273-3141 23 Emma St. President
operations@irsipr.com Guaynabo 00968
23/24 Servicios de Salud Episcopales Inc. 917 Tito Castro Ave. 2,064 Healthcare services 1907 Julio Colón Ruiz
(787) 844-2080 / (787) 841-3454 Ponce 00717 CEO
www.sanlucaspr.org
24/22 Hospital Español Auxilio Mutuo de P.R. Inc. 715 Ponce de León Ave. 2,025 General hospital 1883 Jorge L. Matta
(787) 758-2000 / (787) 771-7952 Hato Rey 00918 CEO
www.auxiliomutuo.com
* CARIBBEAN BUSINESS estimate
Employee figures include Puerto Rico operations only and subsidiaries where applicable.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

28 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_28.indd 28 1/12/17 5:43:32 PM


As Ranked by ®
PUERTO RICO’S 50 HIGHEST-PAYING OCCUPATIONS
(Listed According to Average Annual Wage as of May 2015)
Current/ Occupation Average Average Current/ Occupation Average Average
Previous Annual Hourly Previous Annual Hourly
Ranking Wage $ Wage $ Ranking Wage $ Wage $
1/2 Psychiatrists 181,550 87.28 28/35 Family & General Practitioners 73,300 35.24
2/- Physicians & Surgeons (All Other) 128,310 61.69 29/- Software Developers 72,370 34.79
3/4 Chief Executives 105,100 50.53 30/39 Purchasing Managers 71,900 34.57
4/6 Air Traffic Controllers 101,550 48.82 31/- Conservation Scientists 71,810 34.53
5/7 Industrial Production Managers 101,530 48.81 32/41 Human Resources Managers 70,740 34.01
6/17 Obstetricians & Gynecologists 101,310 48.71 33/37 Industrial Engineers 70,620 33.95
7/8 Architectural & Engineering Managers 100,330 48.24 34/42 Lawyers 69,770 33.54
8/13 Natural Sciences Managers 97,000 46.64 35/43 Computer Hardware Engineers 69,350 33.34
9/9 Education Administrators (All Other) 90,590 43.55 36/- Avionics Technicians 69,180 33.26
10/27 Financial Managers 81,990 39.42 37/28 Securities, Commodities & Financial Services 67,620 32.51
Sales Agents
11/15 Administrative Law Judges, Adjudicators & 81,770 39.31
Hearing Officers 38/- Pediatricians (General) 66,930 32.18
12/20 Pharmacists 81,590 39.23 39/44 Electrical Engineers 66,830 32.13
13/21 Marketing Managers 80,850 38.87 40/49 Detectives & Criminal Investigators 66,370 31.91
14/19 Sales Managers 80,090 38.50 41/- Gaming Managers 65,870 31.67
15/34 Transportation, Storage & Distribution Managers 77,870 37.44 42/- Veterinarians 65,400 31.44
16/14 Compensation & Benefits Managers 77,820 37.42 43/45 Law Teachers (Postsecondary) 65,100 *
17/24 Computer & Information Systems Managers 77,600 37.31 44/- Chemistry Teachers (Postsecondary) 64,490 *
18/25 Anesthesiologists 77,510 37.26 45/- Engineering Teachers (Postsecondary) 63,580 *
19/26 General & Operations Managers 77,190 37.11 46/40 Public Relations & Fundraising Managers 63,310 30.44
20/23 Postmasters & Mail Superintendents 77,080 37.06 47/- Chemical Engineers 63,040 30.31
21/31 Geoscientists (Except Hydrologists & 76,530 36.79 48/- Psychologists (All Other) 62,860 30.22
Geographers)
49/- Mathematical Science Teachers (Postsecondary) 62,750 *
22/50 Training & Development Managers 76,290 36.68
50/- Construction Managers 62,690 30.14
23/48 Advertising & Promotions Managers 75,980 36.53
* Data unavailable. Some occupations generally do not work year-round or full time and their wages are
24/11 Internists (General) 75,920 36.50 reported either as annual salaries or as hourly wages, depending on the payment method.
Source: U.S. Department of Labor, Bureau of Labor Statistics, Occupational Employment Statistics
25/38 Physics Teachers (Postsecondary) 74,710 * Program.
26/29 Medical & Health Services Managers 73,780 35.47 Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS
27/30 Electronics Engineers (Except Computer) 73,720 35.44

As Ranked by ®

PUERTO RICO’S OCCUPATIONAL EMPLOYMENT & WAGES


(Listed According to Number of Estimated Jobs as of May 2015)
Current/ Occupation No. of Jobs Average Hourly Average Hourly Average Hourly P.R. as a %
Previous in P.R.* Wage $ P.R. Wage $ U.S. Wage $ Difference of U.S. Level
Ranking
1/1 Office & Administrative Support 167,480 11.49 17.47 5.98 65.8%
2/2 Sales & Related 112,040 10.57 18.90 8.33 55.9%
3/3 Food Preparation & Serving Related 71,680 8.80 10.98 2.18 80.1%
4/4 Education, Training & Library 65,910 16.84 25.48 8.64 66.1%
5/5 Production 61,130 11.27 17.41 6.14 64.7%
6/6 Protective Service 54,470 12.05 21.45 9.40 56.2%
7/7 Healthcare Practitioners & Technical 51,740 17.24 37.40 20.16 46.1%
8/8 Transportation & Material Moving 43,410 10.52 16.90 6.38 62.2%
9/9 Building & Grounds Cleaning & Maintenance 40,240 9.29 13.02 3.73 71.4%
10/10 Business & Financial Operations 39,890 18.56 35.48 16.92 52.3%
11/11 Management 38,140 34.63 55.30 20.67 62.6%
12/13 Installation, Maintenance & Repair 30,250 13.14 22.11 8.97 59.4%
13/12 Construction & Extraction 29,560 10.11 22.88 12.77 44.2%
14/14 Personal Care & Service 16,550 9.03 12.33 3.30 73.2%
15/15 Community & Social Service 15,670 13.76 22.19 8.43 62.0%
16/16 Architecture & Engineering 12,700 26.07 39.89 13.82 65.4%
17/17 Healthcare Support 10,430 9.49 14.19 4.70 66.9%
18/18 Computer & Mathematical Science 9,430 20.73 41.43 20.70 50.0%
19/20 Arts, Design, Entertainment, Sports & Media 6,910 15.70 27.39 11.69 57.3%
20/19 Life, Physical & Social Science 6,580 21.77 34.24 12.47 63.6%
21/21 Legal 4,460 30.49 49.74 19.25 61.3%
22/22 Farming, Fishing & Forestry 2,080 10.35 12.67 2.32 81.7%
Total Number of Jobs/Average Wages 890,750 13.56 23.23 9.67 58.4%
* Estimated job figures do not include self-employed workers. Research by Francis E. López
Source: U.S. Department of Labor, Bureau of Labor Statistics, Occupational Employment Statistics Program. Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 29

BOL_29.indd 29 1/12/17 5:48:09 PM


As Ranked by ®

PUERTO RICO’S OLDEST COMPANIES


(Listed According to Year Established in Puerto Rico)
Current/ Company Name Physical Address Year No. of Locally Type of Business Top Executive
Previous Telephone/Fax Established Full-Time Owned Title
Ranking Internet Address in P.R. Employees Company
1/1 Hospital de la Concepción Bo. Caín Alto 1842 640 Yes General hospital Álvaro Corrada
(787) 892-1860 / (787) 264-7908 Hwy. 2, Km. 173.4 President
www.hospitalconcepcion.com San Germán 00683
2/2 Parra, del Valle & Limeres Popular Bldg., 2nd Floor 1850 14 Yes Law firm Waldemar del Valle
(787) 848-4900 / (787) 848-5005 Paseo Antonio S. Arias Ventura Armstrong
www.pdvl.com Ponce 00731 Managing Partner
3/3 Farmacia Del Pozo Inc. Rd. 149, Km. 2.8 1860 30 Yes Pharmacy Steve R. Soto
(787) 854-2041 / (787) 884-9039 Manatí 00674 President
www.farmaciadelpozo.com
4/4 Hospital Damas Inc. 2213 Ponce Bypass 1863 813 Yes General hospital Mariano McConnie
(787) 840-8686 / (787) 840-8625 Ponce 00717 Chairman
www.hospitaldamas.com
5/5 J.M. Blanco Inc. Amelia Ind. Park 1880 52 No Pharmaceutical & personal care Augusto Amato
(787) 793-6262 / (787) 273-2148 21 Diana St. products distributor Operations Director
www.amerisourcebergen.com Guaynabo 00968
6/6 Hospital Español Auxilio Mutuo de P.R. Inc. 715 Ponce de León Ave. 1883 2,025 Yes General hospital Jorge L. Matta
(787) 758-2000 / (787) 771-7952 Hato Rey 00918 CEO
www.auxiliomutuo.com
7/7 B. Fernández & Hnos. Inc. 305 Luchetti Ind. Park 1888 415 Yes Food & beverage distributor José Teixidor
(787) 288-7272 / (787) 288-7291 Hwy. 5 CEO
www.bfernandez.com Bayamón 00961
8/8 Popular Inc. Popular Center Bldg. 1893 7,215 No Diversified financial services Richard L. Carrión
(787) 765-9800 / (787) 759-7803 209 Muñoz Rivera Ave. Chairman/CEO
www.popular.com Hato Rey 00918
9/9 José Santiago Inc. Luchetti Ind. Park 1902 350 Yes Food service distributor José Santiago
(787) 288-8835 / (787) 288-8809 Hwy. 5, Km. 4.4 President
www.josesantiago.com Bayamón 00959
9/9 Robinson School 5 Nairn St. 1902 143 No Private school Cindy Ogg
(787) 999-4604 / (787) 726-2833 Santurce 00907 Head of School
www.robinsonschool.org
11/11 Ashford Presbyterian Community Hospital 1451 Ashford Ave. 1904 721 Yes General hospital Pedro J. González
(787) 721-2160 / (787) 723-3797 San Juan 00907 CEO
www.presbypr.org
12/12 Plaza Provision Co. Rds. 28 & 165 1907 520 Yes Food & beverage distributor Robert Cimino
(787) 781-2070 / (787) 781-2210 Guaynabo 00965 CEO
www.plazaprovision.com
12/12 Saint Luke’s Memorial Hospital 916 Tito Castro Ave. 1907 1,004 Yes General hospital Pedro Barez
(787) 844-2080 / (787) 844-2090 Ponce 00716 Operations Executive
www.ssepr.com Director
14/14 Hospital Perea 15 Dr. Basora St. 1908 493 Yes General hospital Jorge I. Martínez
(787) 834-0101 / (787) 265-2455 Mayagüez 00680 Executive Director
www.metropavia.com/perea
14/14 Quintana Hermanos Inc. Bechara Ind. Park 1908 15 Yes Food products & wine distributor José L. Quintana
(787) 783-3366 / (787) 749-0585 220 San Luis St. President
www.ghipr.com San Juan 00920
16/16 Scotiabank de Puerto Rico 290 Jesús T. Piñero Ave. 1910 942* No Commercial bank Denis Vaz
(787) 474-5252 / (787) 766-6724 Hato Rey 00918 CEO/President
www.scotiabankpr.com
17/17 Hospital Metropolitano Dr. Susoni 55 Palma St. 1911 494 Yes General hospital Yelitza Lucena Quiles
(787) 650-1030 / (787) 650-1040 Arecibo 00612 Executive Director
www.metropavia.com
18/18 Inter American University of P.R. Inc. Jardines Metropolitanos Urb. 1912 3,852 Yes University system Manuel J. Fernós
(787) 758-6260 / (787) 764-1653 399 Galileo St. President
www.inter.edu Río Piedras 00927
18/18 Méndez & Co. Inc. Martínez Nadal Exp. 1912 490 Yes Food & beverage distributor José Arturo Álvarez
(787) 793-8888 / (787) 782-1395 Rd. 20, Km. 2.4 CEO/President
www.mendezcopr.com Guaynabo 00969
20/20 Ballester Hermanos Inc. Westgate Ind. Park 1914 401 Yes Food & beverage distributor Alejandro M. Ballester
(787) 378-4851 / (787) 788-6460 Rd. 869 & 3rd. St. President
www.ballesterhermanos.com Cataño 00962
20/20 Claro Puerto Rico 1515 F.D. Roosevelt Ave. 1914 3,341 No Telecommunications company Enrique Ortiz de
(787) 782-8282 / (787) 749-3933 Guaynabo 00968 Montellano
www.claropr.com CEO/President
20/20 Ryder Memorial Hospital Inc. 355 Font Martello Ave. 1914 873 Yes General hospital José R. Feliciano
(787) 852-0768 / (787) 852-0157 Humacao 00791 Executive Director
www.hryder.org
23/23 Saint John’s School 1454 Ashford Ave. 1915 138 Yes Private school Lorraine Lago
(787) 728-5343 / (787) 268-1454 Condado 00907 Head of School
www.sjspr.org
24/24 Colegio Católico Notre Dame 34 Troche St. 1916 1,740* Yes Private school Rev. Terrance E. Wall
(787) 743-3693 / (787) 258-9648 Caguas 00725 Board President
www.ccnd.org
25/25 Vaquería Tres Monjitas Inc. 215 Federico Costa St. 1918 462 Yes Dairy product processor & Jaime Fonalledas Rubert
(787) 474-1818 / (787) 753-8836 Hato Rey 00918 distributor President
www.tresmonjitas.com
26/26 Puerto Rico Farm Credit 213 Domenech Ave. 1922 22 Yes Agricultural financial-services Ricardo L. Fernández
(787) 753-0579 / (787) 250-1646 Hato Rey 00918 cooperative CEO/President
www.prfarmcredit.com
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

30 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_30.indd 30 1/13/17 9:22:39 AM


As Ranked by ®
PUERTO RICO’S LARGEST TRADE ASSOCIATIONS
(Listed According to Total Number of Members as of May 2016)
Current/ Organization Name Physical Address No. of 2016 Executive Officer Year 2015 Main Issues President
Previous Telephone/Fax Members Annual Title Established Confronted and/or Laws/ Email Address
Ranking Internet Address Convention Email Address in P.R. Bills Lobbied
Date
1/1 Puerto Rico United Retailers 501 Muñoz Rivera Ave. 5,000 July 29-31 Rubén Piñero Dávila 1891 High energy costs, excessive Rubén Piñero Dávila
Association Hato Rey 00918 CEO/President laws & bylaws, slow rpinero@centrounido.com
(787) 641-8405 / (787) 641-8406 rpinero@centrounido.com permitting process, sales
www.centrounido.com tax, business-to-business tax
increase
2/3 Puerto Rico Manufacturers Centro Internacional de 1,150 June 2-5 Francisco García 1928 Federal Fiscal Control Rodrigo Masses
Association (PRMA) Mercadeo, Tower II Executive Vice President Board, Federal Tax president@prma.com
(787) 641-4455 / (787) 641-2535 90 Rd. 165, Suite 702 f.garcia@prma.com incentives for the
www.prma.com Guaynabo 00968 manufacturing industry, high
energy & water services
cost, increasing cost of doing
business in P.R., proposed
overtime rule for exempt
employees
3/2 Puerto Rico Chamber of 100 Tetuán St. 1,000 June 9-11 Miguel Vargas 1913 Senate Bill 1456 to create David A. Rodríguez Ortiz
Commerce Old San Juan 00901 Executive Director public education alliances, camarapr@camarapr.net
(787) 721-6060 / (787) 723-1891 camarapr@camarapr.net House Bill 2696 to establish
www.camarapr.org a law with a more flexible
labor market by establishing
Employment Contract Law,
House Bill 2413 to amend
the Health Insurance Code
4/4 Sales & Marketing Executives Caribe Urb. 610 April María Elena Lampaya 1951 Non-advocacy Professional Wilson Quiroga
Association of P.R. Inc. (SME) 1566 Ponce de León Ave. Executive Director Association presidencia@smepr.org
(787) 773-5088 / (787) 751-8313 Río Piedras 00926 maria.elena@smepr.org
www.smepr.org
5/5 Puerto Rico Hotel & Tourism 33 Resolución St. 500 September Miguel Vega 1950 Impact on tourism caused by Clarisa Jiménez
Association Suite 701B Chairman the Sales & Use Tax (IVU), cjimenez@prhta.org
(787) 758-8001 / (787) 758-8091 San Juan 00920 mvegahi@aol.com IVU to Value Added Tax
www.prhta.org (IVA) transition & the impact
on businesses, revision of
the games of chance claim
by the Tourism Co. & the
Commissioner of Financial
Institutions
6/6 Southern Puerto Rico Chamber 65 Isabel St. 400 September Héctor E. López Palermo 1885 Level of confidence of Efraín Montero Arroyo
of Commerce Ponce 00730 Executive Director investors due to economic camarasur@camarasur.org
(787) 844-4400 / (787) 844-4705 hlopez@camarasur.org depression & government
www.camarasur.org fail on obligations, obsolete
labor laws, excessive taxes
& utility costs affecting
business & job creation,
no long-term economic
development plan
7/9 Meet Puerto Rico Ochoa Bldg. 302 August Milton Segarra-Pancorbo 1962 N/P Milton Segarra-Pancorbo
(787) 725-2110 / (787) 725-2133 500 Tanca St., Suite 402 CEO/President info@meetpuertorico.com
www.meetpuertorico.com Old San Juan 00901 info@meetpuertorico.com
8/8 The Associated General Centro de Altamira Cond. 300 Aug. 25-28 Alí S. Vargas 1963 Lack of payment to Neyssa Varela
Contractors of America, 501 Perseo St., Suite 211 Executive Subdirector contractors & suppliers president@agcpr.com
Puerto Rico Chapter San Juan 00920 adm@agcpr.com on public jobs, minimal
(787) 781-2200 / (787) 782-3480 investment in infrastructure
www.agcpr.com & cancellation of projects
due to lack of funding
9/10 Chamber of Food Marketing, Centro Internacional de 250 June 15-19 Manuel Reyes Alfonso 1980 Value Added Tax (IVA) on Ricky Castro
Industry & Distribution Mercadeo, Tower II Executive Vice President food, Jones Act, tax on soft info@midapr.com
(MIDA) 90 Rd. 165, Suite 502 mreyes@midapr.com drinks, container inspection
(787) 792-7575 / (787) 792-8085 Guaynabo 00968
www.midapr.com
10/7 Puerto Rico Products El Vedado Urb. 222 April María De Lourdes Otero 1910 Continued contraction of Ramón Pérez Blanco
Association 406 Capitán Espada St. Executive Vice President Puerto Rico’s economy, presidente@hechoenpr.com
(787) 753-8484 / (787) 753-0855 Hato Rey 00918 marilu@hechoenpr.com effects of the Krueger
www.hechoenpr.com report, government debt
payment
11/11 Western Puerto Rico Chamber 101 W. Méndez Vigo Ave. 145* N/A Gloria Margaret Hall 1962 N/P Ana Vializ
of Commerce Suite 905 Administrative Assistant info@ccopr.com
(787) 832-3749 / Mayagüez 00680 info@ccopr.com
www.ccopr.net
12/12 Puerto Rico Home ILA Bldg. 79 Sept. 22-23 José A. Feliciano 1951 Lack of confidence & in Ricardo Álvarez Díaz
Builders Association 1055 J.F. Kennedy Ave. Executive Director our customers & economy, ralvarezdiaz@
(787) 751-1471 / (787) 751-9264 Suite 301 jfeliciano@achpr.net government costs & burdens constructorespr.com
www.constructorespr.com San Juan 00920 to businesses in Puerto
Rico, need to adapt our legal
framework to current public
policy
* CARIBBEAN BUSINESS estimate
N/A - Not Applicable
N/P - Not Provided
Unless otherwise noted, all information was provided by the associations and/or their web site.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 31

BOL_31.indd 31 1/13/17 9:24:21 AM


BOL_32.indd 32 1/26/17 10:18:18 AM
TOP 400
WHERE
SECURITY
...AND THE TRADITION CONTINUES
BEGINS...
VIDEO SURVEILLANCE SECURITY GUARDS INFORMATION TECHNOLOGY CONSULTING
• Monitoring Center 7/24 • Unarmed Guards • IP & Analog Cameras
• IP CCTV • Armed Guards • Installation and Configuration of Switches and Routers
• Alarm Systems • Pepper Spray Certified for Small and Mid-Size Businesses
• Access Control • S.R.T. (Special Reaction Team) • Installation and configuration of wireless systems
• Virtual Surveillance Specialized Unit • Security System Design
• Rapid Response • ISO 9001 Certified Company • Security Consulting
• MPERS (Mobile Personal • ISO 9001 Certified Company
Emergency Responce System)

787.599.1700 / 787-450-4391 / 787.902.8620 (Sales)


www.genesissecuritypr.com • contact@genesissecuritypr.com

BOL_32A.indd 1 1/27/17 11:06:22 AM


TOP 400

BOL_32B.indd 1 1/27/17 11:05:54 AM


Locally Owned Companies

Wholesale, Insurance, Retail,


Service and Healthcare Companies
Lead Top 400 With Combined
Revenue of $21.38B in 2015

Despite Puerto Rico’s 10-year economic 130,267 full-time jobs in 2015, down 3,206, considers that during fiscal year 2015 (end- time (984,000 people) and 17.21% of the
contraction and a tough fiscal situation, the or minus 2.4%, from 2014. ed June 30, 2016), the local economy fell private-sector workforce (756,700).
combined revenue generated by the Top As the Top 400 Locally Owned Companies 0.9%, according to the latest figures from In calculating the number of full-time
400 Locally Owned Companies on the island have suffered the effects of the lingering the Puerto Rico Planning Board. employees, part-time employees are in-
during 2015 was actually up from the previ- recession that has beset Puerto Rico since Still, the Caribbean Business Top 400 Lo- cluded where applicable (two part-time
ous year. 2006, these results highlight the valiant ef- cally Owned Companies have shown their employees equal one full-time employee).
If there were ever any questions about the forts of the more than 90,000 locally owned determination and resolve in finding ways Companies in the wholesale, insurance,
importance of the private sector to Puerto companies to keep their businesses mov- to overcome hurdles, such as increased op- retail, service and healthcare sectors led
Rico’s economy, Caribbean Business’ listing ing forward, create jobs and help the local erational costs and new taxes in an overall the Top 400 list of locally owned companies,
of the Top 400 Locally Owned Companies economy stay afloat. stagnant economic scenario. with combined revenue of $21.38 billion, or
clearly answers any doubts. In fact, given the island’s fiscal and eco- Although 2015 was again a test of survival 83.38% of total Top 400 revenue, in 2015.
In 2015, combined revenue of the nomic challenges, the Top 400 should be for many businesses, it also was a period of Caribbean Business first started to moni-
Caribbean Business Top 400 was $25.64 bil- highly commended and admired, and even growth and opportunities for others. tor locally owned businesses in 1988, initially
lion, up by $658.38 million, or 2.63%, from more so for their remarkable achievements The Top 400 Locally Owned Companies
2014, when revenue reached $24.98 billion. under such difficult circumstances. in fiscal 2015 employed 13.23% of the total
The top locally owned companies provided Their feat is more remarkable when one full-time jobholders in Puerto Rico at the Continues on page 34

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 33

BOL_33-38 33 1/30/17 2:32:43 PM


Business Top 400 list in 2015 was Metro Pa- distributors, manufacturers, supermarkets,
TOP 10 EMPLOYERS
via Health System (No. 3), with 4,956 em- hospitals, insurance companies, law firms,
Company Name Full-Time Top 400 Ranking ployees. It was followed by another hospi- freight forwarders, general contractors,
Employees tal management company, Grupo HIMA- discount stores, newspapers, security ser-
Metro Pavía Health System 4,956 3 San Pablo Inc. (No. 9), with 4,875 full-time vices, universities, CPA firms, pharmaceuti-
Grupo HIMA-San Pablo Inc. 4,875 9 employees. cal-products distributors, travel agencies,
Ana G. Méndez University System 3,876 16 Meanwhile, the top locally owned com- construction companies and many more.
pany, in terms of revenue in 2015, was once The common denominator is they all have
Inter American University of P.R. Inc. 3,852 20 again Triple-S Management Corp., which roots in Puerto Rico, with 51% or more lo-
Triple-S Management Corp. 3,398 1 for the seventh time dethroned Popular Inc., cal ownership, and generated revenue of at
Genesis Security Services Inc. 3,250 89 what was once the perennial leader, after least $5.99 million in 2015.
St. James Security Services Inc. 3,239 63 the financial institution, like the rest of its
banking peers, was no longer considered BANKING SECTOR
South American Restaurants Corp. 2,484 25 at least 51% locally owned in 2009. Triple- What used to be one of Puerto Rico’s most
Mennonite General Hospital Inc. 2,396 27 S Management’s revenue for 2015 was $2.9 important economic drivers and a dominant
Fuller Group 2,200 110 billion. force in the Top 400, occupying the top po-
Total 34,526 Between Triple-S Management’s No. 1 sitions on the list in years past, all local fi-
position and Fusionworks Inc.’s No. 400 nancial institutions were knocked out of the
Number of full-time employees includes part-time employees
where applicable (two part-time employees = one full-time employee)
spot exist a wide variety of businesses on Top 400 list starting in 2009, as the largest
the list, which includes auto dealerships and publicly traded banks were no longer 51%

as the Top 100. The survey quickly caught Tecno CRL (No. 124), with $49.61 million in
on and the following year, the Top 200 was estimated revenue in 2015; Bayamón-based
born. In 1996, the list grew to the Top 300 Grupo Sultana (No. 190), with revenue of
and in 2003, Caribbean Business created $23 million, and Caguas-based Avant Tech-
what has continued to be the coveted and nologies of P.R. Inc. (No. 229), with $18 mil-
prestigious Top 400 list of locally owned lion in revenue.
companies. Other new Top 400 members include Ma-
rina Puerto del Rey (No. 275), with $14.1 mil-
NEWCOMERS TO THE TOP 400 lion; Universal Solar Products Inc. (No. 286),
The Top 400 Locally Owned Companies with $12.93 million; Caribe Federal Credit
welcomed 23 newcomers to the list this Union (No. 302), with $12.1 million; Info-
year, with the highest ranked being Caro- medika Inc. (No. 311), with $11.38 million;
lina-based Hospital UPR Dr. Federico Trilla and FPV & Galíndez CPAs PSC (No. 375), with
(No. 98), with $51.11 million in revenue. It $7.76 million.
was followed by San Juan-based Caribe The largest employer on the Caribbean

34 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_33-38 34 1/30/17 2:32:51 PM


TOP 10 RETAIL COMPANIES TOP 10 WHOLESALE COMPANIES
Company Name 2015 Revenue Top 400 Company Name 2015 Revenue Top 400
($ Millions) Ranking ($ Millions) Ranking
Ralph’s Food Warehouse Inc. 355.00* 13 Puerto Rico Supplies Group Inc. 520.00 4
Supermercados Mr. Special Inc. 282.01 21 Petrowest Inc. 518.00 5
SuperMax (Supermercados Máximo Inc.) 277.50 22 V. Suárez & Co. Inc. 508.00 6
South American Restaurants Corp. (Sarco) 208.00 25 Droguería Betances Inc. 483.50 8
National Lumber & Hardware 205.00* 26 Plaza Provision Co. 410.00 10
(Metropolitan Lumber & Hardware Inc.) B. Fernández Holding Co. Inc. 398.00 11
Tiendas Capri (J. Pica & Cía. Inc.) 154.75 36
Méndez & Co. Inc. 296.00 17
Empresas Berríos Inc. 139.07 40
Ballester Hermanos Inc. 290.00 18
International Restaurant Services Inc. 129.70 43
Northwestern Selecta Inc. 284.00 19
J.F. Montalvo Cash & Carry Inc. 128.00 45
Wendco de Puerto Rico Inc. 126.17 46 José Santiago Inc. 170.00 31
Total $2,005.20 Total $3,877.50
* CARIBBEAN BUSINESS estimate

locally owned. These institutions were re- Financial institutions accounted for once again suffering the effects of the lin- Gómez Hermanos Kennedy LLC (No. 49),
placed on our list by savings & loan coop- 0.84% of the Top 400’s total revenue. gering economic downturn, although still which rounds out the top five, with $120.49
eratives, or co-ops. As a group, the top 10 locally owned fi- remaining a vital component of Puerto Ri- million in revenue.
The top-five financial institutions, out of nancial institutions in Puerto Rico amassed co’s economy. The remaining top automobile companies
the top 10 that make up this segment, pro- a total of $185.25 million in revenue in 2015, New-auto sales in 2015 amounted to are Grupo Felcon Inc. (No. 65) with $80.6
duced 63.83% of the financial sector’s rev- up 0.89% from the $183.6 million in revenue 81,357 units, down 7.8% from the 88,200 million in revenue; Autocentro Toyota (Au-
enues. They are: Cooperativa de Ahorro y the group achieved the previous year. new vehicles moved by local distributors tokirei Inc., No. 68), with $77.34 million in
Crédito de Arecibo (No. 148), with $33.72 in 2014. revenue; Braulio Agosto Motors LLC (No.
million; Cooperativa de Ahorro y Crédito de AUTOMOBILE INDUSTRY Bella Group (No. 12) continues to lead the 93), with $55.2 million; Caguas Expressway
Rincón (No. 170), with $28.17 million; Banco Having experienced four-consecutive automobile companies in the Top 400, with Motors Inc. (No. 96), with $53.4 million; and
Cooperativo de Puerto Rico (No. 202), with years of positive sales between 2010 and $377.782 million in revenue. It was followed Calesa Motors Inc. (No. 119), with $42.22
an estimated $21 million; Cooperativa de 2013 after a rollercoaster ride—from a re- by Auto Grupo (No. 38), with $148 million; million.
Ahorro y Crédito de Vega Alta (No. 232), $17.7 cord high of 144,400 new units sold in 2005 Cabrera Inc. (No. 41), with an estimated
million; and Cooperativa de Ahorro y Crédito to a record low of just 76,477 new units $132.72 million; Garage Isla Verde LLC (No.
de Aguada (No. 233), with $17.66 million. moved in 2009—the local auto industry is 44), with an estimated $128.5 million; and Continues on page 36

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 35

BOL_33-38 35 1/30/17 2:32:54 PM


The top 10 automobile companies in the (Supermercados Máximo Inc., No. 22), with
Top 400 produced $1.22 billion in revenue $277.5 million; South American Restaurants TOP 10 FASTEST GROWING LOCALLY OWNED COMPANIES
during the past fiscal year. The automobile Corp. (Sarco, No. 25), with $208 million in (Listed According to Revenue Percent Growth)
sector accounted for 6.16% of the total rev- revenue; and National Lumber & Hardware Rank Percent Company Name 2015 2014
enue of companies on the Top 400 list. (No. 26), with $205 million in estimated Growth Revenue Revenue
The 25 automobile companies in the revenue. ($ Millions) ($ Millions)
Top 400 produced $1.58 billion in revenue The top 10 companies that make up this 1 222.65% Right Way Environmental Contractors Inc. 11.68 3.62
in 2015. segment generated $2 billion in revenue, or 2 118.00% Antilles Power Depot 10.90 5.00
51.38% of the retail sector’s total revenues.
WHOLESALE Retailers accounted for about 19.25% of 3 93.24% Máximo Solar Industries 20.00 10.35
Despite tough competition and a chal- companies on the Top 400 list. The 77 retail 4 84.62% San Juan Gas 12.00 6.50
lenging economy, the wholesale industry companies that make up the Top 400 list 5 55.63% Desarrollos Metropolitanos LLC 30.52 19.61
remains strong. The wholesale sector ac- were responsible for $3.9 billion in revenue
6 55.06% Allied Car & Truck Rental Inc. 13.80 8.90
counted for 24.51% of the Top 400 revenue, in 2015.
with $6.28 billion. INSURANCE 7 50.53% Standard Refrigeration Co. Inc. 14.30 9.50
There are 64 companies on the list in this Unlike other sectors in Puerto Rico, the 8 50.39% First Medical Health Plan Inc. 882.74 586.96
category, led by Puerto Rico Supplies Group insurance industry has traditionally been 9 49.66% Vissepó & Diez Construction Corp. 8.92 5.96
Inc. (No. 4), with $520 million; Petrowest dominated by more than 80% domestic, lo-
10 40.57% Refrigerama Inc. 12.23 8.70
Inc. (No. 5), with $518 million in revenue; cally owned companies.
Compiled from the 2016 Top 400 Locally Owned Companies chart.
V. Suárez & Co. (No. 6), with $508 million in The 13 local insurance companies in the Companies with estimated figures are not included in this chart.
revenue. It was followed by Droguería Be- Top 400 produced $4.92 billion in revenue,
tances Inc. (No. 8), with $483.5 million; and or 19.18% of the Top 400’s total revenue. The
vigor in the Top 400, as the island’s leading Manufacturing Corp. (No. 99), with $51 mil-
Plaza Provision Co. (No. 10), with $410 mil- local insurance industry employs more than
insurer, Triple-S Management, took the No. lion; Borinquen Container Corp. (No. 109),
lion in revenue. 30,000 people islandwide.
1 spot this year for the seventh time in a row with $48 million in revenue; Rovira Biscuit
The top 10 companies that make up this Topping the list of insurance companies,
since the list started in 1988. The insurance Corp. (No. 111) with $47 million in estimated
segment generated $3.87 billion in revenue, as well as the Top 400 Locally Owned Com-
industry placed second in this year’s indus- revenue; and UltraPure Systems Inc. (No.
or 61.62% of the wholesale sector’s total panies list in 2015 was Triple-S Management
try rankings, after wholesale. 113), with $46.57 million in 2015.
revenues in 2015. Corp., with $2.9 billion in revenue. It was fol-
lowed by First Medical Health Plan Inc. (No.
MANUFACTURING SERVICE SECTOR
RETAIL 2), with $882.74 million; Universal Group Inc.
Considered the main economic driver on Empresas Fonalledas Inc. and its sis-
Leading once again the top locally owned (No. 7), with $491.22 million; Cooperativa de
the island for years, Puerto Rico’s manufac- ter companies once again occupy the No.
retail companies on this year’s list was Seguros Múltiples de Puerto Rico (No. 23),
turing sector may have seen its relevance 1 slot in the service sector for 2015 and No.
Ralph’s Food Warehouse Inc. (No. 13), with with $272.33 million in revenue; and Asocia-
diminish, but it continues to be a significant 15 on the Top 400 list. As the owner of Plaza
an estimated $355 million in total revenue. It ción de Suscripción Conjunta (ASC, No. 55),
contributor of economic activity. Las Américas, the largest shopping center
was followed by Supermercados Mr. Special with $101.34 million.
This year’s list is dominated by distilled in the Caribbean, and Plaza del Caribe mall
Inc. (No. 21), with $282.01 million; SuperMax The insurance industry continued to show
spirits, beverage makers, as well as food in Ponce, revenue for Empresas Fonalle-
and paint manufacturers. das was estimated at $345 million in 2015,
The 42 manufacturing companies that down 1.43% from the estimated $350 million
made this year’s Top 400 list generated in 2014.
combined revenue of $1.35 billion, or 5.27% Second in this category was Ana G. Mé-
of the Top 400 total revenue, accounting for ndez University System Inc. (No. 16), with
10.5% of the companies on the list. $318.82 million in revenue for 2015. It was
Topping once again the list of manufac- followed by Inter American University of
turers was Compañía Cervecera de Puerto Puerto Rico Inc. (No. 20), with $282.03 mil-
Rico Inc. (No. 32), a local brewery, with lion, and GFR Media (El Nuevo Día Inc., No.
$169.5 million in revenue. It was followed 29), with $175 million in estimated revenue.
by Destilería Serrallés Inc. (No. 42), with The Top 10 service companies in the Top
$130 million in estimated revenue; Holsum 400 produced $1.55 billion in revenue last
de Puerto Rico Inc. (No. 50), with $120 mil- year. The service sector accounted for 23.5%
lion; Goya de Puerto Rico Inc. (No. 59), with of companies on the Top 400 Locally Owned
an estimated $90.5 million; and Puerto Rico Businesses list.
Coffee Roasters LLC (No. 78), with $70 mil- The 94 local service-sector companies in
lion in estimated revenue in 2015. the Top 400 brought in $3.14 billion in rev-
The remaining top 10 manufacturing enue, representing 12.26% of Top 400 rev-
companies are Industria Lechera de P.R. Inc. enue in 2015.
(Indulac, No. 90), with $56.46 million; Lanco

TOP 10 SERVICE COMPANIES


Company Name 2015 Revenue Top 400
($ Millions) Ranking
Empresas Fonalledas Inc. & Sister Companies 345.00* 15
Ana G. Méndez University System 318.82 16
Inter American University of P.R. Inc. 282.03 20
GFR Media 175.00* 29
Consolidated Waste Services LLC 90.00 60
St. James Security Services Inc. 85.09 63
Pontifical Catholic University of P.R. 76.50* 69
Cinemas Management of P.R. Inc. 64.00 80
CaribEx Worldwide 61.00 82
Caribbean Temporary Services LLC 60.00* 84
Total $1,557.44
* CARIBBEAN BUSINESS estimate

36 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_33-38 36 1/30/17 2:32:56 PM


CONSTRUCTION INDUSTRY DROPPED FROM
For years, the construction industry was TOP 400 NEWCOMERS OUT FROM TOP 400 THE TOP 400
one of the pillars of Puerto Rico’s economy, Ambiente Moderno Inc. Atlantic Industrial Supply Companies that did not return to the Top
with high demand for housing units each 400 list of locally owned companies in 2015
Antilles Power Depot Bared & Sons
year being its main driving force. However, include firms in the construction, retail, ser-
the sharp downturn in public infrastructure Avant Technologies of P.R. Inc. Brenda Marrero & Assoc. vices, and manufacturing sectors.
projects, a stalled housing market coupled Bird Group LLC Caribbean All Metal Recyclers Companies no longer on the list include
with a laborious permit process and the Bared & Sons; Coloso Foods; Empresas Díaz;
general economic crisis, have hampered Bridge Security Services Inc. Coloso Foods
Glasstra Aluminum; Indusa/Indexa; J. Saad
what 14 years ago was one of the most thriv- Caribe Federal Credit Union Empresas Diaz Nazer Inc.; Labrada Distributors; M Nogama
ing industries on the island. Caribe Industrial Systems Inc. Esco Manufacturing Construction Corp.; Topeka; Villavicencio &
As a result of the steep decline in the Associates; and Zorrilla Commercial.
number of public- and private-sector proj- Caribe Tecno CRL Glasstra Aluminum Inc.
The majority of companies shed from the
ects, many local contractors and develop- FPV & Galíndez CPAs, PSC Hospital Lafayette list posted a reduction in revenue below the
ers during the past few years were forced minimum qualifying amount, closed opera-
Fusionworks Inc. Indusa/Indexa Inc.
to scale down operations, lay off personnel, tions or are no longer local.
reduce working hours and, in some cases, Grupo Sultana Industrial Equipment (Ineco)
close down altogether. Hera Printing Corp. International Shipping Agency FASTEST-GROWING
This year, the Top 400’s construction sec- Hospital UPR Dr. Federico Trilla J. Saad Nazer Inc. LOCAL COMPANIES
tor comprised 37 companies with combined Bucking the trend were some companies
Industrial Chemicals Corp. Labrada Distributors
revenue of $992.3 million, a 9.78% decrease
Infomedika Inc. Lopito Ileana & Howie Inc. that showed tremendous growth in a year-
from the year before, which showed $1.1 bil-
over-year basis.
lion in revenue. Given the tough economic Laboratorio Clínico y Referencia M. Landrón Inc. Mar-Co Industries Corp.
Topping the list of the fastest-growing lo-
conditions and the competition on the list in Liquilux Gas Corp. Martínez, Odell & Calabria cal companies in 2015, according to revenue
this sector, the firms should be recognized
Marina Puerto del Rey Nogama Construction Corp. growth by percentage, is Right Way Envi-
for their efforts and results.
Palacios (Ileana Palacios Corp.) Optima, Contratista General Inc. ronmental Contractors Inc., with $11.68 mil-
Leading the list in the construction sector
lion in revenue (up 222.65%). It was followed
are: Aireko Companies (No. 33), with $164.9 Right Way Environmental Contractors Inc. The Caribbean Investment Group
by Antilles Power Depot, with $10.9 million in
million; Bermúdez, Longo Díaz-Massó LLC SM Electrical Contractors S.E. Topeka Inc.
(No. 64), with $81.21 million; CIC Construc- revenue (up 118%); Máximo Solar Industries,
tion Group S.E. (No. 79), with $66.85 million; Universal Solar Products Inc. Villavicencio & Associates with $20 million (up 93.24%); San Juan Gas,
Del Valle Group & Affiliates (No. 97), with with $12 million (84.62%); and Desarrollos
Vissepó & Diez Construction Corp. Zorrilla Commercial
$51.77 million; and F&R Construction Group Metropolitanos LLC, with $30.52 million in
Inc. (No. 107), with $49.68 million. revenue (55.63%). 䡲
Construction companies accounted for
9.25% of the companies on the Top 400 Lo-
Continues on page 38
cally Owned Companies list.

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 37

BOL_33-38 37 1/30/17 2:32:58 PM


How Companies are Ranked
Like the Fortune 500, the Caribbean patient revenue, a more accurate measure
Business Top 400 Locally Owned Compa- of gross income in this industry because it
nies ranks businesses according to rev- rules out discounts.
enue, which is considered a measure of The yardstick for insurance companies
their size. was also refined to exclude reinsurance
For more than 85% of the Top 400 com- businesses. On the insurance industry
panies, revenue means sales, a straight- charts, the total number of premiums writ-
forward indicator reflecting a company’s ten was used as the criterion.
gross income. For insurance companies, revenue is de-
Banks and insurance companies use fined as net premiums written and income
different yardsticks to determine annual from other sources; other items included
revenue. Neither industry lists sales as in the concept of total revenue are net in-
retailers and manufacturers do. To make vestment gain or loss and other income.
sure apples are compared with apples, For banks and credit unions, revenue is
Caribbean Business hired public account- equated with total interest and investment
ing firm Ernst & Young (E&Y) 12 years ago income, service fees and gains on loan
to come up with equivalent revenue for sales. Advertising agencies report total
select industries, including advertising, commissions and fees received.
financial services and insurance. We are also using other revenue defini-
E&Y researched each industry repre- tions for the following:
sented on the Caribbean Business list
of the largest locally owned companies Insurance Brokers: Total commissions
and provided the sources of income that from insurance-product sales.
should be counted as revenue in an at-
tempt to level the playing field for all Top Mortgage companies: Total interest in-
400 candidates. come, commissions, service fees on asset
For instance, for the past 11 years, hos- management, investment banking, and ad-
pitals have been asked to provide net visory and underwriting services. „

How the Top 400 List


is Selected
For nearly three decades, Caribbean meet all other requirements, become part
Business has listed the top locally owned of the final list.
companies in Puerto Rico. Since the first The information from about 500 com-
list 28 years ago, the Caribbean Business panies came in by mail, email, fax or tele-
Top 100, the rules have remained constant. phone. Of those that responded this year,
To be considered, a company must 27 businesses had lower revenue figures
generate revenue of at least $5 million than the 400th-ranked company, while
or more and be at least 51% owned and another 40 did not meet the list’s requi-
managed by Puerto Rico residents. sites. Not all company owners volunteer
In the past few years, the annual rev- revenue figures.
enue of the No. 400 company has hovered Last year, two companies closed op-
at $5.99 million to $6.85 million. This year, erations, while one local firm merged with
the company holding that rank generated another company.
$6.1 million in revenue. Sometimes, companies are too busy or
Candidate companies must operate in refuse to disclose their revenues for the
the private sector. Local nonprofit educa- year. In cases where a qualifying company
tional organizations have been included does not provide this information, an es-
in the survey since 1999. Winning a spot timate is entered. Estimates are made by
among the Top 400 Locally Owned Com- researching industry trends, revenues and
panies is both competitive and reward- ratios, consulting business databases and
ing. Companies that make the list have government filings.
excelled in business and deserve this Although a last resort, estimating rev-
recognition. enue of companies that belong on the list
The selection process began in June is this newspaper’s policy.
with a questionnaire mailed to about “If we left out companies because
800 companies selected from the Ca- they failed to provide their numbers, for
ribbean Business database, industry whatever reason, the Top 400 would not
sources and business information from be a true list of the top locally owned
public databases. Only the 400 largest companies,” explained Heiko Faass, editor
companies, based on revenue, and that in chief of Caribbean Business. „

38 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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Alphabetical Index
Company Name Ranking Company Name Ranking Company Name Ranking Company Name Ranking

3A Press Corp. .......................................359 Autocentro Toyota (Autokirei Inc.) ....... 68 Caribbean Produce Exchange LLC .......62 Cooperativa de Ahorro y Crédito
AutoGrupo .................................................38 Caribbean Sign Supplies de Isabela..............................................264
A Autoland ...................................................336 Manufacturers Inc. .............................245 Cooperativa de Ahorro y Crédito
A La Orden Discount Automeca Technical College Inc. .......317 Caribbean Temporary Services LLC .....84 de Manatí ..............................................344
(El Piex Puertorriqueño Inc.) .............356 Autos Vega Inc. ...................................... 122 Caribbean University Inc. .................... 184 Cooperativa de Ahorro y Crédito
A.M. Electric Inc. ....................................383 Avant Technologies of P.R. Inc. ..........229 Caribe Federal Credit Union ................302 de Médicos y otros Profesionales
A.M.M.V.R. Group Inc. ...........................283 Caribe General Constructors Inc. ...... 279 de la Salud (MediCoop) ..................... 327
Able Sales Company Inc. .......................56 B Caribe Industrial Systems Inc. ........... 397 Cooperativa de Ahorro y Crédito
Acha Trading Co. ................................... 215 B. Fernández Holding Co. Inc. ............... 11 Caribe Tecno CRL ................................... 124 de Rincón ...............................................170
Adsuar Muñiz Goyco Seda Ballester Hermanos Inc. .........................18 CaribEx Worldwide ..................................82
Cooperativa de Ahorro y Crédito
& Pérez Ochoa PSC .............................. 331 Banco Cooperativo de Carmelo .................................................... 210
de Vega Alta .........................................232
Advanced Graphic Printing Inc. .........220 Puerto Rico............................................202 CasAmerica International Inc. ............ 134
Cooperativa de Ahorro y Crédito
AG Group.................................................. 272 BDO Puerto Rico PSC.............................250 Castro Business Enterprises Inc. ........187
Agro Servicios Inc. ................................204 Bella Group.................................................12 Central Industrial Services Inc. .......... 357 Roosevelt Roads ..................................243
Air Master Awning LLC .......................... 128 Bella Vista Hospital Inc. ..........................91 Centro Médico Wilma N. Vázquez Cooperativa de Seguros de Vida
Aireko Companies ....................................33 Benítez Auto (Instituto Médico del Norte Inc.) ..... 189 de Puerto Rico (Cosvi)...........................61
AKM Mfg. Inc. ......................................... 278 (Barranquitas Auto Corp.) ................. 257 Centrocamiones Inc. .............................191 Cooperativa de Seguros Múltiples
Alberic Chrysler Dodge Jeep Inc. .......121 Bermúdez, Longo, Díaz-Massó LLC ....64 Century Packing Corp. ......................... 241 de Puerto Rico ........................................23
Alberic Colón Auto Sales Inc. ............... 177 Berríos Auto Gallery Inc. ...................... 142 César Castillo Inc. ...................................34 Cooperativa Zeno Gandía ....................384
Alco High Tech Plastics Inc. ................324 Bird Group LLC ....................................... 218 Charlie Car Rental Inc. ......................... 347 Corporación Los Hermanos Inc. .........271
Allied Car & Truck Rental Inc. ..............277 Bismarck Trading Inc. ..........................392 Chemex Corp. .........................................290 Cossma Inc. ............................................ 162
Alonso & Carus Iron Works Inc. .........234 BMJ Foods P.R. Inc. ............................... 103 CIB Corp. .................................................366 CPM (Caribbean Project
Alproem Engineering Borinquen Biscuit Corp. ......................268 CIC Construction Group S.E. .................. 79 Management) ....................................... 276
Contractors Corp. ............................... 183 Borinquen Container Corp. ................. 109 Cinemas Management of P.R. Inc. ......80 CRB Caribe LLP .......................................362
Altol Environmental Services Inc. ...... 373 Braulio Agosto Motors LLC .................... 93 CMA Architects & CT Radiology Complex Inc. .................223
Ambiente Moderno Inc. .......................349 Bridge Security Services Inc. ...............377 Engineers LLC.......................................330
American Agencies Co. Inc. ................343 Colomer & Suárez Inc. .............................77 D-E
American Paper Corp. ...........................147 C Compañía Cervecera de P.R. Inc. ........32 Danosa Caribbean Inc. .........................308
American Petroleum Co. Inc. ................ 39 Cabrera Inc. ...............................................41 Condado Travel Inc. ..............................225 De La Cruz Group Inc. .......................... 310
Ana G. Méndez University System .........16 Cadillac Uniform & Linen Consolidated Waste Del Valle Group & Affiliates ................... 97
Andrés Reyes Burgos Inc. ...................203 Supply LLC............................................. 192 Services LLC ............................................60 Delgado & Fernández LLC ....................399
Angleshelf of Puerto Rico Inc. ............388 Caguas Auto Mall Inc. ...........................137 Construcciones José Carro S.E............ 195
Desarrolladora J.A. Inc. ........................ 301
Antilles Insurance Co. .......................... 120 Caguas Expressway Motors Inc. .......... 96 Constructora Santiago II Corp. ...........151
Desarrollos Metropolitanos LLC ......... 159
Antilles Power Depot ............................. 321 Caguas Mechanical Contractor Inc. ..365 Constructores Gilmar Inc. ...................396
Destilería Serrallés Inc. ..........................42
Antúnez & Son Produce Inc. ................224 Calesa Motors Inc. .................................119 Cooperativa de Ahorro y Crédito
Apple Caribe Inc. ................................... 291 Camarero Race Track Corp. ................ 139 Asociación de Maestros de P.R. Dewey University Inc. ........................... 194
Ashford Presbyterian Community Camioneros, Cooperativa de (Edu-Coop) ..........................................385 Deya Elevator Service Inc. ....................217
Hospital .................................................... 75 Transporte de Carga...........................269 Cooperativa de Ahorro y Crédito Doctors’ Center Hospital Inc. ...............30
Asociación de Suscripción Conjunta Campofresco Corp. ................................141 de Aguada .............................................233 Dorado Health Inc. ...................................14
del Seguro de Responsabilidad Capitol Security Police Inc. ................. 152 Cooperativa de Ahorro y Crédito de Droguería Betances Inc. .......................... 8
Obligatorio ..............................................55 Caribbean Airport Facilities Inc. ........ 216 Arecibo (CooPACA) ................................ 148 Droguería FMC Distributors Inc. ........322
Asociación Hospital Caribbean Data System Inc. ...............369 Cooperativa de Ahorro y Drugs Unlimited Inc. ..............................127
del Maestro Inc. ...................................167 Caribbean Display & Crédito de Barranquitas Econo de Isabela
Autocare LLC ...........................................260 Construction Inc. ................................329 (Credicentro-Coop) ...........................285 (Agustín Morales Inc.) ........................ 193

UNDERSLAB STANDING SEAM


QUALITY IS NEVER WATERROOFING METAL ROOFING
IMPROVISED

ROOF SEALERS AND ROOF


MUCH MORE! WATERROOFING
GREEN ROOF
38
YEARS OF
QUALITY SERVING
PUERTO RICO.

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 39

BOL_39-40-41.indd 39 1/30/17 4:02:01 PM


Alphabetical Index
Company Name Ranking Company Name Ranking Company Name Ranking Company Name Ranking

Econo Mega Expreso ............................. 138 González Trading (GT Corp.) ...............294 Latin Media House LLC & Subsidiary: Office Gallery Inc. ..................................346
Econo Ponce Goya de Puerto Rico Inc. .......................59 DRSI Call Center LLC ............................333 Oldach Associates LLC .......................... 125
(Good Choice Inc.)............................... 145 Grand Store Corp. .................................292 Liana Foods Inc. .....................................345 Olein Recovery Corp. ............................ 201
Efraín Núñez Inc. ................................... 153 Grupo Felcon.............................................65 Light Gas Corp. ...................................... 251 One Stop Prescription
El Mesón Sandwiches Grupo HIMA-San Pablo Inc. ................... 9 Liquilux Gas Corp. .................................222 Puerto Rico Inc. ................................... 316
(El Mesón de Felipe Inc.).......................71 Grupo Sultana ......................................... 190 Longo Caribbean Inc. ............................211 Oscar Super Cash & Carry
Electric Service Corp. ...........................306 Guaraguao Truck Sales Inc. ................ 182 Lord Electric Company of P.R. Inc. .......... 144 (Frigorífico & Almacén
Empacadora Hill Brothers Los Cidrines del Turabo Inc.).................................... 106
(BEC Co. Inc.) ........................................ 100 H-K (Pastelería Cidrines Inc.) ....................200 Paciv Inc. .................................................266
Empire Gas Company Inc. ..................... 47 Harbor Bunkering Corp. ........................ 73 LPC & D Inc. ............................................ 135 Packaging Solutions ...............................173
Empresas Berríos Inc. ............................40 HBA Contractors Inc. ............................338 LT Automation Inc. ................................ 312 Packers Provision
Empresas Caparra (Caparra Center Hera Printing Corp. ...............................398 Luis A. Ayala Colón Sucrs. Inc. ............ 132 (TraFon Group Inc.) ...............................35
Associates LLC) .................................... 165 Hermanos Santiago Cash Luis Garratón LLC ..................................... 57 Palacios (Ileana Palacios Corp.) .........390
Empresas de Gas Inc. ...........................228 & Carry Inc. .......................................... 105 M.A. Caribbean Corp. ........................... 313 Pan American Grain Mfg. Co. ...............88
Empresas Fonalledas Inc. & Holsum de Puerto Rico Inc. ...................50 Maderera Donestévez Inc. .................... 70 Party City of P.R. Inc. ............................207
Sister Companies ....................................15 Hospicio La Paz Inc. .............................. 185 Madison Group .......................................289 Patio Gallery Inc. ...................................358
Empresas Pérez Hermanos .................. 214 Hospital Buen Samaritano Inc. ........... 146 Malgor & Co. .......................................... 186 Perfect Integrated Solutions Inc. .......255
Empresas Santana ................................. 143 Hospital Damas Inc. ................................ 67 Marina Puerto del Rey........................... 275 Petrowest Inc. ............................................ 5
Empresas VRM .........................................175 Hospital de la Concepción ..................... 72 Marine Express Inc. ..............................293 Plaza Food Systems (Plaza
Enco Manufacturing Corp. ..................238 Hospital Español Auxilio Mutuo Marpor Corp. ...........................................181 Warehousing & Realty Corp.) .............54
Engineered Parts & Services Inc. .......368 de P.R. Inc. .............................................24 Martex Farms S.E....................................270 Plaza Provision Co. .................................. 10
Enigma Investments Inc. ......................114 Hospital Hermanos Meléndez Inc. ......85 Marxuach Precast Solutions LLC ........280 Ponce Health Sciences
EST Hardware Hospital Oriente Inc. .............................246 Matosantos Commercial Corp. ............48 University ............................................... 163
(Eugenio Serafín Inc.) ......................... 381 Hospital San Carlos Inc. ........................174 Max Chemical Inc. .................................252 Pontifical Catholic University
Hospital San Cristóbal .......................... 133 Máximo Solar Industries ....................... 213 of P.R. ....................................................... 69
F-G Hospital Santa Rosa...............................309 Mayagüez Medical Center ..................... 37 Prime Janitorial Service ........................303
F&R Construction Group Inc. ...............107 Hospital UPR Dr. Federico Trilla Mayagüez Resort & Casino Inc. .........325 Priority RoRo Services Inc. ..................259
Famous Caribe Inc. ...............................394 (Servicios Médicos Mays Ochoa (Mays Chemical Prisa Group...............................................176
Farmacia Belmonte Inc. ....................... 361 Universitarios Inc.) ............................... 98 Co. of P.R. Inc.) .................................... 123 Productos La Finca Inc. ........................323
Farmacia Caridad (Barakah Two Humberto Vidal Inc. ..............................254 McConnell Valdés LLC........................... 164 Progreso Cash & Carry Inc. ................. 166
Thousand Drugs Corp.) .......................172 Industria Lechera de P.R. Inc. Me Salvé Inc. ............................................52 Puerto Rican Pizza Inc. .........................296
Farmacia Ruiz Belvis..............................236 (Indulac)....................................................90 Mech-Tech College LLC ....................... 196 Puerto Rico Coffee Roasters LLC .......... 78
Farmacias Medina Inc. .........................262 Industrial Chemicals Corp. ................. 378 Medina Auto Sales Inc. ......................... 169 Puerto Rico Computer
Farmacias Plaza Industrias Feliciano Aluminum Inc. ... 247 Méndez & Co. Inc. ....................................17 Services Corp. ...................................... 391
(José Pérez Fonseca Inc.)....................118 Infomedika Inc. .......................................311 Mennonite General Hospital Inc. ......... 27 Puerto Rico Farm Credit .......................389
Fast Food Management Inc. ...............340 Integrand Assurance Co. ..................... 130 Mentor Technical Group Corp. ........... 126 Puerto Rico Hospital Supply .................. 76
Federación de Asociaciones Integration Technology Corp. Metro Pavía Health System ...................... 3 Puerto Rico Steel Products Corp. ......354
Pecuarias Inc. ...................................... 136 (Intech)....................................................380 Metropolitan Industrial Puerto Rico Supplies Group Inc. ............ 4
Fernando C. Pujals & Bros. Inc. ........... 171 Inter American University Food Service Inc. ................................256 Puerto Rico Wire Products Inc. .......... 149
Ferraiuoli LLC ..........................................242 of P.R. Inc. ..............................................20 Mi Pan Asociados Inc. .......................... 212 Quality Construction
Fiddler González & Inter-Strap Packaging Systems Inc. ... 372 Mister Price Inc. (Belca Group) ............ 66 Services II LLC ......................................253
Rodríguez PSC .......................................205 International Restaurant Mocoroa & Castellanos Inc. ................282 Quintana Hermanos Inc. ...................... 376
First Medical Health Plan Inc. ................. 2 Services Inc. ............................................43 Mors Inc. ..................................................371
First Pharmacy (Hamed Corp.)............248 Isla Lab Products LLC ............................ 150 Motor Sport Inc. .....................................339 R-S
Flexitank Inc. .......................................... 155 Islandwide Group ....................................197 MSSS Inc. ................................................... 86 Rafael J. Nido Group............................... 117
Foam Pack of Puerto Rico Inc. ............284 J. Jaramillo Insurance Inc. ...................352 MultiSystems Inc. ..................................326 Ralph’s Food Warehouse Inc. ................13
FPV & Galíndez CPAs, PSC.................... 375 J.F. Montalvo Cash & Carry Inc. ............45 MultiSystems Restaurants Inc. Rama Construction LLC ........................ 387
Fraterfood Service Inc. .........................363 Jiménez, Graffam & Lausell .................395 & Sister Co. ............................................ 74 Ramallo Bros. Printing Inc. .................. 221
Fulcro Insurance Inc. ............................328 José Santiago Inc. ....................................31 Muñoz Holdings Inc. ..............................178 Ranger American of P.R. Inc. ...............131
Fuller Group .............................................110 Koper Furniture Inc. .............................249 RB Construction Group Inc. ................240
Fusionworks Inc. ....................................400 Kress Stores of P.R. Inc. ..........................51 N-Q Refricentro Inc. ........................................95
Ganaderos Alvarado Inc. ..................... 315 National Lumber & Hardware Refrigerama Inc. ....................................298
Garage Isla Verde LLC.............................44 L-M (Metropolitan Lumber & RG Engineering Inc. ..............................258
García Trucking Service Inc. ...............265 La Rosa del Monte Express Inc. ......... 318 Hardware Inc.) .......................................26 Right Way Environmental
Gatsby Laboratorio Clínico Borinquen Inc. ....115 Netxar Technologies Inc. .....................263 Contractors Inc. ..................................307
(Komodidad Distributors Inc.) ......... 199 Laboratorio Clínico Toledo Inc. .......... 188 New Energy Consultants & Rimco Inc. ............................................... 104
Genesis Security Services Inc. .............. 89 Laboratorio Clínico y Referencia Contractors LLC ...................................348 RK Power Generator Corp. .................. 367
GFR Media ................................................. 29 M. Landrón Inc. ....................................335 Northwestern Selecta Inc. ......................19 Roger Electric Corp. ............................. 102
Goldman Antonetti & Lanco Manufacturing Corp. .................. 99 Novus Inc. .................................................83 Rovira Biscuit Corp. ............................... 111
Córdova LLC ......................................... 351 Landscape Contractors & Numeat Packing Inc. ............................334 RSM Puerto Rico ..................................... 287
Gómez Hermanos Kennedy LLC ............49 Designers LLC .......................................353 O’Neill & Borges LLC .............................244 Ryder Memorial Hospital Inc. ...............94

40 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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Alphabetical Index
Company Name Ranking Company Name Ranking Company Name Ranking Company Name Ranking

Sachs Chemical Inc. .............................. 168 Supermercado Econo Manatí Tiendas Capri (J. Pica & Cía. Inc.) ......... 36 Uno Radio Group
San Jorge Children’s Hospital ............. 108 (Itanam Corp.) .......................................112 Tiendas La Gran Vía Inc. ...................... 158 (Arso Radio Corp.)...............................299
San Juan Gas ...........................................305 Supermercado Facundo Inc. ................ 92 To Go Stores Inc. ....................................101 V. Suárez & Co. Inc. ................................... 6
Scanner Overseas of P.R. Inc. .............295 Supermercado Plaza Guayama Inc. .. 297 Toyota de Aguadilla (Centro Validation & Engineering
Serafín Wholesale Supermercado Plaza Loíza Automotriz Toyota Inc.) ......................235 Group Inc. .............................................288
Distributors Inc. ...........................................332 (Plaza Loíza Corp.) .................................53 Toyota del Oeste Valija Gitana Inc. ................................... 374
Servicios de Salud Episcopales Inc. ....28 Supermercados Hatillo Kash N’ Karry (Empresas Catalino Sánchez Inc.).....161 Vassallo International Group Inc. ......239
Servimetal LLC ........................................209 (Hatillo Cash & Carry Inc.) ...................58 Trans-Oceanic Life Insurance Co. .....157 Venegas Construction Corp. .............. 337
Sign Engineering Corp. ........................355 Supermercados Mr. Special Inc. ...........21 Transporte Rodríguez Asfalto Inc. .....304 Vent-Alarm Corp. (Valcor)................... 267
Simed ........................................................206 Systronics Inc. ........................................300 Triple-S Management Corp. ...................1 Vento Distributors Corp. .........................81
SM Electrical Contractors S.E. ............. 379 Truenorth Corp. ..................................... 156 Vigilantes Inc. ........................................370
Softek Inc. ...............................................230 T-Z UltraPure Systems Inc. ..........................113 Vissepó & Diez
South American Restaurants Corp. Tamrio Inc. ..............................................208 Unique Chemical Technologies Inc. .. 274 Construction Corp. .............................360
(Sarco) ......................................................25 Target Human Resources United Surety & Indemnity Co. ........... 180 Volkswagen Kennedy
St. James Security Services Inc. ...........63 Solutions ................................................ 341 Universal Group Inc. ..................................7 (Euroclass Motors Inc.) ......................342
Standard Refrigeration Co. Inc. ......... 273 Target Rent A Car Inc. .......................... 219 Universal Solar Products Inc. .............286 Wah-Mey Enterprises Inc. ..................320
Steel and Pipes Inc. ...............................116 Techno Plastics Industries Inc. ..........364 Universidad Carlos Albizu Inc. ............179 Wendco de Puerto Rico Inc. .................46
Steel Services & Supplies Inc. ............ 160 Tecnicentros Mundial Inc. ...................350 Universidad Central de West Corp. ..............................................226
Structural Steel Works Inc. ................. 227 Tecno-Lite of P.R. Inc. .........................386 Bayamón Inc. ....................................... 281 Wholesale Electric Caribe Inc. ...........382
Su Tienda Auto Parts ............................. 237 Terrassa Concrete Industries .............. 319 Universidad Central del Caribe........... 198 WorldNet
Super Farmacia Vanga Inc. ................. 314 The Office Shop Universidad del Sagrado Telecommunications Inc. ................. 154
SuperMax (Double S Stationery Inc.) ..................393 Corazón ................................................. 129
(Supermercados Máximo Inc.) .........22 The Outlet 66 Mall .................................. 261 Universidad Politécnica de
Supermercado Agüeybana Inc. ............ 87 The Retail Group Inc. ............................ 231 Puerto Rico ........................................... 140

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 41

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
1/1 Triple-S Management Corp. 2,902.74 2,320.11 25.11 3,398 1959 Insurance holding company Roberto García Rodríguez
San Juan (787) 749-4949 / (787) 749-4191
2/2 First Medical Health Plan Inc. 882.74 586.96 50.39 672 1977 Health insurance company Francisco J. Artau
Guaynabo (787) 474-3999 / (787) 474-3994
3/3 Metro Pavía Health System 520.48 521.02 -0.10 4,956 1998 Hospital management Karen Z. Artau Feliciano
Guaynabo (787) 620-9770 / (787) 620-9771
4/- Puerto Rico Supplies Group Inc. 520.00 461.00 12.80 1,118 1945 Beverage, food & toiletry Edwin Pérez
Bayamón distributor (787) 780-4043 / (787) 622-4576
5/- Petrowest Inc. 518.00 585.00 -11.45 53 1993 Petroleum products distributor Robin González
Hormigueros (787) 834-0555 / (787) 833-8060
6/4 V. Suárez & Co. Inc. 508.00 505.00 0.59 544 1943 Food & beverage distributor Diego Suárez Jr.
Bayamón (787) 792-1212 / (787) 792-0735
7/10 Universal Group Inc. 491.22 422.35 16.31 1,167 1971 Insurance holding company Monique Miranda Merle
Guaynabo (787) 793-7202 / (787) 625-7100
8/8 Droguería Betances Inc. 483.50 479.45 0.84 273 1962 Healthcare products wholesaler Raúl Rodríguez Font
Caguas (787) 653-1200 / (787) 744-7773
9/7 Grupo HIMA-San Pablo Inc. 481.69 482.66 -0.20 4,875 1988 Hospital management Joaquín Rodríguez Sr.
Caguas (787) 653-3434 / (787) 653-1790
10/11 Plaza Provision Co. 410.00 409.00 0.24 520 1907 Food & beverage distributor Robert Cimino
Guaynabo (787) 781-2070 / (787) 781-2210
11/12 1 398.00 401.00 -0.75 1,420 1888 Beer, liquor, wine & grocery José Teixidor
B. Fernández Holding Co. Inc.
Bayamón products distributor (787) 288-7272 / (787) 288-7291
12/9 Bella Group 377.78 430.62 -12.27 619 1963 Auto distributor Carlos López-Lay
San Juan (787) 620-7010 / (787) 620-7534
13/14 Ralph’s Food Warehouse Inc. 355.00* 354.00* 0.28 1,719 1993 Supermarket and cash & carry José R. Soto Soto
Las Piedras (787) 733-0959 / (787) 912-0201
14/13 Dorado Health Inc. 354.00 360.97 -1.93 2,012 2003 Hospital management José L. Quirós
Guaynabo (787) 774-6558 / (787) 774-5626
15/15 Empresas Fonalledas Inc. & Sister Companies 345.00* 350.00* -1.43 1,200 1890 Shopping-center & building Jaime Fonalledas
Hato Rey management, beverage (787) 474-7474 / (787) 620-6898
manufacturer
16/16 Ana G. Méndez University System 318.82 316.19 0.83 3,876 1949 University system José F. Méndez
Río Piedras (787) 751-2262 / (787) 751-6750
17/17 Méndez & Co. Inc. 296.00 289.00 2.42 490 1912 Food & beverage distributor José A. Álvarez
Guaynabo (787) 793-8888 / (787) 782-1395
18/- Ballester Hermanos Inc. 290.00 273.00 6.23 401 1914 Food & beverage distributor Alejandro M. Ballester
Cataño (787) 378-4851 / (787) 788-6460
19/18 Northwestern Selecta Inc. 284.00 284.00 0.00 350 1980 Food distributor Elpidio Núñez III
San Juan (787) 781-1950 / (787) 781-1125
20/19 Inter American University of P.R. Inc. 282.03 276.82 1.88 3,852 1912 University Manuel J. Fernós
Río Piedras (787) 758-6260 / (787) 764-1653
21/22 Supermercados Mr. Special Inc. 282.01 268.65 4.97 1,101 1966 Supermarket chain Santos Alonso Maldonado
Mayagüez (787) 834-2695 / (787) 833-9843
22/21 SuperMax (Supermercados Máximo Inc.) 277.50 270.00 2.78 1,281 2002 Supermarket chain José Revuelta
Cataño (787) 783-1555 / (787) 783-1547
23/23 Cooperativa de Seguros Múltiples 272.33 258.64 5.29 585 1963 Insurance company Roberto Castro Hiraldo
de Puerto Rico 2 (787) 758-0101 / (787) 758-8512
Río Piedras
24/24 Hospital Español Auxilio Mutuo de P.R. Inc. 235.68 239.74 -1.69 2,025 1883 General hospital Jorge L. Matta
Hato Rey (787) 758-2000 / (787) 771-7952
25/26 South American Restaurants Corp. (Sarco) 208.00 208.00 0.00 2,484 1978 Fast-food franchise chain Juan A. Larrea
Guaynabo (787) 788-8811 /
26/27 National Lumber & Hardware 205.00* 200.00* 2.50 1,075* 1991 General merchandise retailers Israel Kopel
(Metropolitan Lumber & Hardware Inc.) (787) 641-8200 / (787) 641-8299
Carolina
27/25 Mennonite General Hospital Inc. 201.49 229.51 -12.21 2,396 1944 General hospital Pedro L. Meléndez Rosario
Cayey (787) 535-1001 / (787) 535-1034
28/28 Servicios de Salud Episcopales Inc. 183.25 196.25 -6.62 2,064 1907 Hospital management Julio Colón Ruiz
Ponce (787) 844-2080 / (787) 841-3454
29/29 GFR Media 175.00* 180.00* -2.78 750 1970 Multimedia company Graciela Eleta
Guaynabo (787) 641-8000 /
30/39 Doctors’ Center Hospital Inc. 173.00* 144.00* 20.14 1,720* 1959 General hospital Carlos Blanco
Manatí (787) 621-3322 / (787) 884-3307
31/31 José Santiago Inc. 170.00 170.30 -0.18 350 1902 Food-service distributor José Santiago
Bayamón (787) 288-8835 / (787) 288-8809
32/- Compañía Cervecera de P.R. Inc. 169.50 163.50 3.67 254 1937 Beer & malt manufacturer Camalia Valdés
Mayagüez (787) 834-1000 / (787) 265-7740
33/34 Aireko Companies 164.90 138.40 19.15 775 1963 Construction company Josen E. Rossi Coughlin
Caguas (787) 653-6300 / (787) 653-0121
34/30 César Castillo Inc. 161.00 178.00 -9.55 375 1942 Pharmaceutical & consumer José Luis Castillo
Guaynabo products distributor, logistic (787) 999-1616 / (787) 999-1612
services

42 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
35/32 Packers Provision (TraFon Group Inc.) 160.00* 165.00* -3.03 204 1999 Food products distributor Carlos Trápaga
Puerto Nuevo (787) 783-0011 / (787) 622-7440
36/35 Tiendas Capri (J. Pica & Cía. Inc.) 154.75 160.00 -3.28 775 1963 Department-store chain Jorge C. Pica Ruiz
San Juan (787) 793-7575 / (787) 793-0333
37/33 Mayagüez Medical Center 149.00 162.00 -8.02 869 2010 General hospital Jaime Maestre
Mayagüez (787) 774-6558 / (787) 774-5626
38/40 AutoGrupo 148.00 140.00 5.71 280 1992 Auto dealer Gerardo Pascual
Río Piedras (787) 753-3000 / (787) 274-8460
39/38 American Petroleum Co. Inc. 142.00* 152.00* -6.58 86 1984 Petroleum products distributor Nelson Soto
Toa Baja (787) 794-1985 / (787) 794-2079
40/44 Empresas Berríos Inc. 139.07 131.58 5.69 541 1974 Furniture & appliances retail store Florencio Berríos
Cidra chain (787) 653-9393 / (787) 739-3139
41/36 Cabrera Inc. 132.72* 158.00* -16.00 260 1954 Auto dealer Juan Colón Cabrera
Arecibo (787) 880-8080 / (787) 880-0502
42/42 Destilería Serrallés Inc. 130.00* 135.00* -3.70 225* 1935 Distilled spirits & wine Félix J. Serrallés Jr.
Ponce manufacturer & distributor (787) 840-1000 / (787) 840-1155
43/45 International Restaurant Services Inc. 129.70 128.20 1.17 2,104 1994 Restaurant franchise chain Artur Jotic
Guaynabo (787) 273-3131 / (787) 273-3141
44/50 Garage Isla Verde LLC 128.50* 116.44* 10.36 160* 1962 Auto dealer Carlos M. Quiñones
Carolina (787) 620-1313 /
45/41 J.F. Montalvo Cash & Carry Inc. 128.00 136.50 -6.23 290 1966 Cash & carry Héctor Montalvo
Guaynabo (787) 781-2962 / (787) 273-6402
46/46 Wendco of Puerto Rico Inc. 126.17 127.94 -1.38 2,041 1978 Fast-food chain Jorge Colón Gerena
Santurce (787) 792-2001 / (787) 273-0523
47/52 Empire Gas Company Inc. 126.00 107.60 17.10 310 1967 Liquefied petroleum gas wholesaler Ramón González Jr.
Río Piedras (787) 767-2330 / (787) 751-9904
48/49 3 125.00* 119.30 4.78 250 1940 Food & paper products distributor Manuel Matosantos
Matosantos Commercial Corp.
Vega Baja (787) 793-6900 / (787) 793-0454
49/48 Gómez Hermanos Kennedy LLC 120.49 123.70 -2.59 127 1994 Auto dealer Víctor M. Gómez III
San Juan (787) 277-0707 / (787) 277-0716
50/47 Holsum de Puerto Rico Inc. 120.00 125.00 -4.00 842 1958 Bakery products manufacturer Ramón Calderón
Toa Baja (787) 798-8282 / (787) 251-2060
51/51 Kress Stores of P.R. Inc. 110.00* 115.00* -4.35 740* 1963 Women’s & children’s apparel store Mark Berezdivin
San Juan chain (787) 783-5374 / (787) 782-2111
52/53 Me Salvé Inc. 106.00* 107.50* -1.40 N/P 1981 Discount department store chain Miguel Lazoff
Cataño (787) 622-9400 / (787) 626-9024
53/56 Supermercado Plaza Loíza 105.70 103.70 1.93 437 1988 Supermarket chain Johnny Márquez
(Plaza Loíza Corp.) (787) 726-8150 / (787) 268-4869
San Juan
54/54 Plaza Food Systems 105.00* 106.20 -1.13 95* 1996 Food-service distributor José Vélez
(Plaza Warehousing & Realty Corp.) (787) 653-4950 / (787) 747-9660
Caguas
55/43 Asociación de Suscripción Conjunta del 101.34 133.81 -24.27 148 1995 Vehicle liability insurance company José L. Blanco Latorre
Seguro de Responsabilidad Obligatorio (787) 622-5410 / (787) 641-4182
Río Piedras
56/58 Able Sales Company Inc. 100.00* 98.75* 1.27 125* 1972 Grocery products distributor Luis E. Silva Mendoza
Cataño (787) 620-4141 / (787) 620-4102
57/63 Luis Garratón LLC 99.35 89.94 10.46 124 1948 Pharmaceutical & consumer Raúl Rodríguez
Bayamón products distributor (787) 788-6100 / (787) 300-4909
58/60 Supermercados Hatillo Kash N’ Karry 91.60 93.00 -1.51 317 1978 Supermarket chain Isidoro Rosa
(Hatillo Cash & Carry Inc.) (787) 898-5840 / (787) 820-3914
Hatillo

Notes appear at the end of the ranking chart. Continues on page 44

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edpuniversity.edu | EDP University
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Licencia de Renovación del Consejo de Educación de Puerto Rico. Acreditados por la Middle States Commission on Higher Education. Oferta académica varía de acuerdo a localidad.

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 43

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
59/64 Goya de Puerto Rico Inc. 90.50* 89.54 1.07 587 1949 Food products manufacturer & Carlos A. Unanue
Bayamón distributor (787) 622-4900 / (787) 798-7970
60/62 4 90.00 90.50 -0.55 989 1993 Waste-disposal, recycling & Carlos Contreras
Consolidated Waste Services LLC
Gurabo environmental firm (787) 273-7639 / (787) 687-0337
61/55 Cooperativa de Seguros de Vida 89.93 104.44 -13.89 266 1959 Insurance company Julio Villafañe
de Puerto Rico (Cosvi) (787) 751-5656 / (787) 522-2233
Río Piedras
62/59 Caribbean Produce Exchange LLC 85.57 96.41 -11.24 163 1960 Produce distributor Gualberto Rodríguez III
Cataño (787) 793-0750 / (787) 936-7970
63/65 5 85.09 89.12* -4.52 3,239 1977 Security services Marcos Rivera Rivera
St. James Security Services Inc.
Río Piedras (787) 754-8448 / (787) 281-6254
64/67 Bermúdez, Longo, Díaz-Massó LLC 81.21 86.39 -6.00 677 1962 Electrical & mechanical contractor Francisco Díaz Massó
Río Piedras (787) 761-3030 / (787) 760-0855
65/66 Grupo Felcon 80.60 87.50 -7.89 150 2008 Auto dealer José Feliciano
Mayagüez (787) 652-1100 / (787) 652-1636
66/70 6 78.59 76.95 2.13 76 1961 Food distributor Luis A. Cáceres
Mister Price Inc. (Belca Group)
Guaynabo (787) 793-7374 / (787) 792-5514
67/61 Hospital Damas Inc. 77.48 91.62 -15.43 813 1863 General hospital Mariano McConnie
Ponce (787) 840-8686 / (787) 840-8625
68/89 Autocentro Toyota (Autokirei Inc.) 77.34 59.83 29.27 141 1996 Auto dealer Donald Guerrero Ortiz
Río Piedras (787) 999-9110 / (787) 756-8233
69/71 Pontifical Catholic University of P.R. 76.50* 76.71 -0.27 1,078 1948 University Jorge I. Vélez Arocho
Ponce (787) 841-2000 / (787) 987-7459
70/77 Maderera Donestévez Inc. 76.28 71.31 6.97 114 1961 Hardware, lumber & construction Juan J. Donestévez De Para
Carolina materials supplier (787) 750-2000 / (787) 750-5080
71/79 El Mesón Sandwiches 75.00 70.00 7.14 1,170 1972 Fast-food restaurant chain Felipe Pérez Grajales
(El Mesón de Felipe Inc.) (787) 833-1239 / (787) 833-8065
Mayagüez
72/72 Hospital de la Concepción 73.08 76.58 -4.57 640 1842 General hospital Álvaro Corrada
San Germán (787) 892-1860 / (787) 264-7908
73/57 Harbor Bunkering Corp. 72.07 102.13 -29.43 47 2004 Petroleum products sale & service Alfredo Santaella Suárez
San Juan (787) 723-1182 / (787) 723-8187
74/85 7 71.80 64.04 12.12 611 1991 Restaurant chain Carlos Trigo
MultiSystems Restaurants Inc. & Sister Co.
Santurce (787) 273-3180 / (787) 273-6965
75/69 Ashford Presbyterian Community Hospital 70.25 77.80 -9.70 721 1904 General hospital Pedro J. González
San Juan (787) 721-2160 / (787) 723-3797
76/80 Puerto Rico Hospital Supply 70.00* 67.50* 3.70 204 1946 Medical supplies distributor Félix Santos
Carolina (787) 622-5151 / (787) 622-5193
77/76 Colomer & Suárez Inc. 70.00* 71.80 -2.51 130* 1943 Food distributor Alfredo Suárez Jr.
Guaynabo (787) 781-2575 / (787) 793-2115
78/78 Puerto Rico Coffee Roasters LLC 70.00* 71.00 -1.41 125 2008 Coffee processor Alberto De la Cruz
Bayamón (787) 288-6400 / (787) 288-6527
79/83 CIC Construction Group S.E. 66.85 65.60 1.91 500 1983 General contractor Gustavo A. Hermida
Guaynabo (787) 287-3540 / (787) 287-3555
80/86 Cinemas Management of P.R. Inc. 64.00 64.00 0.00 1,003 1969 Movie-theater chain Robert Carrady
Santurce (787) 727-7137 / (787) 728-2274
81/88 Vento Distributors Corp. 61.29 60.30 1.64 120 1975 Auto parts & accessories wholesaler Juan L. Vento
Guaynabo (787) 783-1074 / (787) 792-0774
82/105 CaribEx Worldwide 61.00 58.00 5.17 216 1980 Freight forwarding & logistic Joseph R. Chatt Jr.
Aguadilla services (787) 658-7000 / (787) 658-7004
83/94 Novus Inc. 60.92 57.69 5.60 405 1973 Shoe store chain Carlos Castellón
Guaynabo (787) 272-4546 / (787) 272-4500
84/90 Caribbean Temporary Services LLC 60.00* 59.25* 1.27 125 1983 Temporary & permanent Tere Durand Manzanal
Santurce placements firm (787) 620-5500 / (787) 620-0698
85/75 Hospital Hermanos Meléndez Inc. 59.35 73.38 -19.12 640 1946 General hospital Richard Machado
Bayamón (787) 620-8181 / (787) 622-8430
86/92 MSSS Inc. 58.97 57.91 1.83 57 1982 Employment firm Alma I. Acosta
Hato Rey (787) 758-7700 / (787) 758-8045
87/91 Supermercado Agüeybana Inc. 58.51 58.94 -0.73 283 1979 Supermarket Santos M. Ruiz Pietri
Guánica (787) 821-2552 / (787) 821-8336
88/84 Pan American Grain Mfg. Co. 58.00* 65.00* -10.77 355 1980 Grocery & animal-feed José González
Guaynabo manufacturer & distributor (787) 273-6100 / (787) 273-6872
89/68 Genesis Security Services Inc. 57.65 78.19 -26.27 3,250 1997 Security services Emilio Morales Laboy
Carolina (787) 776-2381 / (787) 757-8975
90/97 Industria Lechera de P.R. Inc. (Indulac) 56.46 53.18 6.17 90 1952 Dairy-products manufacturer Larry A. Lugo Cruz
Hato Rey (787) 753-0974 / (787) 753-0951
91/98 Bella Vista Hospital Inc. 55.76 53.00 5.21 681 1954 General hospital Luis Rivera Maldonado
Mayagüez (787) 834-6000 / (787) 831-6315
92/96 Supermercado Facundo Inc. 55.30* 55.50* -0.36 440* 1964 Supermarket Awilda Colón Carreras
Carolina (787) 762-8605 / (787) 769-0620
93/81 Braulio Agosto Motors LLC 55.20 66.64 -17.17 85 1980 Auto dealer Miguel A. Agosto
Río Piedras (787) 641-8934 / (787) 274-1130

44 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
94/93 Ryder Memorial Hospital Inc. 54.26 57.70 -5.96 873 1914 General hospital José R. Feliciano
Humacao (787) 852-0768 / (787) 852-0157
95/104 Refricentro Inc. 53.90 51.60 4.46 128 1964 Refrigeration & air-conditioner Francisco Palacio
San Juan parts & supplies distributor (787) 758-0300 / (787) 754-3111
96/99 Caguas Expressway Motors Inc. 53.40 52.89 0.96 88 1968 Auto dealer Elba Méndez
Caguas (787) 641-4242 / (787) 653-3368
97/82 Del Valle Group & Affiliates 51.77 66.44 -22.08 255 1988 Construction company Pablo Del Valle
Toa Baja (787) 794-0927 / (787) 794-4008
98/- Hospital UPR Dr. Federico Trilla 51.11 51.37 -0.51 598 1999 Hospital Diraida Maldonado Rivera
(Servicios Médicos Universitarios Inc.) (787) 757-1800 / (787) 276-2205
Carolina
99/87 Lanco Manufacturing Corp. 51.00 62.15 -17.94 300 1978 Paint & adhesive manufacturer Sergio Blanco
San Lorenzo (787) 736-4221 / (787) 736-5313
100/95 Empacadora Hill Brothers (BEC Co. Inc.) 51.00 56.00 -8.93 150 1962 Fresh fruit & vegetable distributor Cecilio Massanet
Trujillo Alto (787) 761-1576 / (787) 760-7530
101/102 To Go Stores Inc. 50.50* 52.00* -2.88 264 2003 Gasoline station & convenience Nelson Capote
Santurce stores (787) 798-6434 / (787) 798-3533
102/116 Roger Electric Corp. 50.48 46.75 7.98 205 1971 Electrical-supplies retail chain Ángel J. Rivera Montañez
Bayamón (787) 786-3361 / (787) 785-1808
103/100 BMJ Foods P.R. Inc. 50.00* 52.78 -5.27 829* 1984 Restaurant chain Samuel H. Jové Fontán
Caguas (787) 286-7040 / (787) 286-7050
104/107 Rimco Inc. 50.00* 50.00* 0.00 158 1981 Construction machinery & Richard McConnie
San Juan equipment distributor (787) 792-4300 / (787) 774-6662
105/106 Hermanos Santiago Cash & Carry Inc. 50.00* 51.00* -1.96 90 1950 Cash & carry José A. Santiago
Ponce (787) 848-5570 / (787) 259-0503
106/108 Oscar Super Cash & Carry 49.70* 49.60* 0.20 95* 1974 Cash & carry Oscar Rivera Torres
(Frigorífico & Almacén del Turabo Inc.) (787) 743-9191 / (787) 746-1888
Caguas
107/73 F&R Construction Group Inc. 49.68 75.64 -34.32 193 1972 General contractor Ángel A. Fullana
Río Piedras (787) 753-7010 / (787) 763-0269
108/103 San Jorge Children’s Hospital 49.46 51.78 -4.48 500 1962 Pediatric hospital Domingo Cruz Vivaldi
Santurce (787) 727-1000 / (787) 268-3610
109/110 Borinquen Container Corp. 48.00 48.06 -0.12 195 1969 Corrugated boxes & fiber-drums Livette González
Hatillo manufacturer (787) 898-5000 / (787) 898-5079
110/109 Fuller Group 47.00 49.50 -5.05 2,200 1969 Maintenance services & supplies Jorge López Guedes
Cataño (787) 788-8080 / (787) 788-8144
111/117 Rovira Biscuit Corp. 47.00* 46.00* 2.17 285 1929 Food products manufacturer Carlos Rovira
Ponce (787) 844-8585 / (787) 848-7176
112/112 Supermercado Econo Manatí (Itanam Corp.) 47.00* 47.50* -1.05 220* 2010 Supermarket José Rial
Manatí (787) 621-3220 / (787) 621-3240
113/146 UltraPure Systems Inc. 46.57 34.57 34.71 280 1999 Process systems & equipment César A. Roca
Vega Baja manufacturer (787) 807-1500 / (787) 807-1833
114/113 Enigma Investments Inc. 46.50* 47.20 -1.48 475 1986 Pizza-delivery franchise Ed Lieberman
Carolina (787) 253-0200 / (787) 253-0211
115/121 Laboratorio Clínico Borinquen Inc. 45.71 44.06 3.74 505 1970 Clinical diagnostic laboratory Delia M. Whitlock
Caguas (787) 743-0330 / (787) 744-1717
116/114 Steel and Pipes Inc. 45.00 47.19 -4.64 205 1979 Industrial materials supplier Felipe Vidal Cos
Caguas (787) 747-9415 / (787) 258-0635
117/115 Rafael J. Nido Group 45.00 47.00 -4.26 125 1953 Construction materials supplier Rafael J. Nido Jr.
Toa Baja (787) 251-1000 / (787) 251-1011
118/118 Farmacias Plaza (José Pérez Fonseca Inc.) 44.82 45.23 -0.91 231 1962 Pharmacy chain José Pérez de Gracia
Bayamón (787) 620-9600 / (787) 740-3666

Notes appear at the end of the ranking chart. Continues on page 47

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THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 45

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
119/131 Calesa Motors Inc. 42.22 38.58 9.43 62 1986 Auto dealer Luis Cotto
Caguas (787) 747-9343 / (787) 286-4535
120/126 Antilles Insurance Co. 42.17 42.17 0.00 60 1968 Insurance company Jaime J. González
San Juan (787) 474-4900 / (787) 474-4942
121/122 Alberic Chrysler Dodge Jeep Inc. 41.32* 44.00* -6.09 60 1993 Auto dealer Alberic Colón Zambrana
San Juan (787) 793-2223 / (787) 781-7580
122/139 Autos Vega Inc. 41.21 35.70 15.43 78 1965 Auto dealer Ramón Vega Jr.
San Juan (787) 782-4030 / (787) 782-5222
123/- Mays Ochoa (Mays Chemical Co. of P.R. Inc.) 41.00 40.00 2.50 68 1998 Chemical manufacturer & Sarah Viruet
Cataño distributor (787) 788-8000 / (787) 788-3675
124/- Caribe Tecno CRL 40.61* - - 218 1972 General contractor José D. Pérez
San Juan (787) 781-4598 / (787) 782-8077
125/135 Oldach Associates LLC 40.50 36.36 11.39 100 1955 Air conditioner & refrigeration Giancarlo Brito
Cataño equipment wholesaler (787) 641-2420 / (787) 641-0454
126/164 Mentor Technical Group Corp. 40.39 30.10 34.19 559 2000 Technical support & solutions for José Casellas
Caguas FDA regulated industry (787) 743-0897 / (787) 743-0979
127/129 Drugs Unlimited Inc. 40.37 39.36 2.57 79 1981 Pharmaceutical products distributor Yolanda Navarro
Río Piedras (787) 792-2430 / (787) 273-6518
128/137 Air Master Awning LLC 40.07 36.20 10.69 432 1974 Window & door manufacturer Nicolás Megwinoff Fagundo
Barceloneta (787) 623-1800 / (787) 623-0087
129/120 Universidad del Sagrado Corazón 40.00* 44.90 -10.91 361 1935 University Gilberto J. Marxuach Torrós
Santurce (787) 728-1515 / (787) 268-8847
130/125 Integrand Assurance Co. 40.00* 42.18 -5.17 170* 1972 Insurance company Víctor J. Salgado Jr.
San Juan (787) 781-0707 / (787) 793-6330
131/134 Ranger American of P.R. Inc. 39.20 36.50 7.40 2,000 1982 Security services Juan F. Bravo Najul
Río Piedras (787) 999-6060 / (787) 999-6050
132/177 Luis A. Ayala Colón Sucrs. Inc. 38.85 27.90 39.25 270 1938 Transportation, import/export & Hernán F. Ayala Parsi
Ponce shipping services (787) 848-9000 / (787) 840-6608
133/130 Hospital San Cristóbal 38.33 39.00 -1.72 402 1983 General hospital Pedro L. Benetti Loyola
Ponce (787) 848-2100 / (787) 848-1110
134/138 CasAmerica International Inc. 37.91 35.95 5.45 10 1998 Food & beverage product John Woodruff
Guaynabo distributor (787) 287-3753 / (787) 287-0059
135/155 LPC & D Inc. 37.32 32.19 15.94 298 1996 Construction company Pedro Feliciano Benítez
Las Piedras (787) 733-6121 / (787) 733-4808
136/128 Federación de Asociaciones Pecuarias Inc. 37.09 39.89 -7.02 76 1972 Animal feed manufacturer Antonio J. Sisco
Mayagüez (787) 834-9191 / (787) 833-5680
137/133 Caguas Auto Mall Inc. 35.70* 37.00* -3.51 55 1991 Auto dealer Luis A. Rivera
Cidra (787) 739-8444 / (787) 739-6666
138/140 Econo Mega Expreso 35.65* 35.60* 0.14 200* 1996 Supermarket Juan Barreto Carrasquillo
Trujillo Alto (787) 760-3640 / (787) 761-1525
139/165 Camarero Race Track Corp. 35.45* 30.00* 18.17 166 2007 Horse racetrack Ervin Rodríguez
Canóvanas (787) 641-6060 / (787) 876-5170
140/132 Universidad Politécnica de Puerto Rico 35.20 38.40 -8.33 459 1966 University Ernesto Vázquez Barquet
Hato Rey (787) 622-8000 / (787) 763-8919
141/127 Campofresco Corp. 35.09 40.00 -12.28 140 1982 Beverage manufacturer Jorge L. Santiago
Santa Isabel (787) 845-4747 / (787) 845-3490
142/144 Berríos Auto Gallery Inc. 35.07* 34.96* 0.31 80 2006 Auto dealer Roberto Berríos Berríos
Caguas (787) 653-1818 / (787) 745-1960
143/143 Empresas Santana 35.04 35.00 0.11 500 1949 Hotel & casino management José A. Santana
Río Piedras (787) 791-0969 / (787) 791-7320
144/101 Lord Electric Company of P.R. Inc. 35.00 52.56 -33.41 300 1959 Electrical & mechanical contractor Manuel Rosabal
Río Piedras (787) 758-4040 / (787) 763-3320
145/145 Econo Ponce (Good Choice Inc.) 34.90* 34.60* 0.87 190 1994 Supermarket Carlos Román
Ponce (787) 840-5454 / (787) 813-2642
146/123 Hospital Buen Samaritano Inc. 34.82 43.30 -19.58 467 1999 General hospital Marilyn Morales
Aguadilla (787) 658-0009 / (787) 658-0294
147/148 American Paper Corp. 34.10* 34.20* -0.29 53 1982 Paper products wholesaler Julián S. Inclán
Guaynabo (787) 999-0888 / (787) 781-6930
148/156 Cooperativa de Ahorro y Crédito de Arecibo 33.72 32.10 5.05 215 1946 Credit union William Méndez Pagán
(CooPACA) (787) 878-2095 / (787) 879-4614
Arecibo
149/150 Puerto Rico Wire Products Inc. 33.50* 34.00 -1.47 170 1955 Construction materials & equipment José J. Cestero Ramírez
Bayamón distributor (787) 288-8080 / (787) 288-8057
150/147 Isla Lab Products LLC 33.44 34.50 -3.07 57 1976 Clinical-laboratory products & Charles Donato
Guaynabo equipment distributor (787) 792-2222 / (787) 625-2222
151/166 Constructora Santiago II Corp. 33.30 30.00 11.00 175 1961 General contractor José A. López Beguiristain
Trujillo Alto (787) 761-7171 / (787) 761-7181
152/175 Capitol Security Police Inc. 33.00 28.00 17.86 1,330 1998 Security services Miguel Portilla Torres
San Juan (787) 727-1700 / (787) 982-0152
153/154 Efraín Núñez Inc. 32.50* 32.36 0.43 80 1989 Food products distributor Efraín Núñez
Guaynabo (787) 783-9600 / (787) 782-5960
154/142 WorldNet Telecommunications Inc. 32.23 35.12 -8.23 143 1996 Telecommunications company David Bogaty
Guaynabo (787) 706-2600 / (787) 749-8887

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
155/141 Flexitank Inc. 32.17 35.60 -9.63 68 1990 Transportation & logistics services Johnny Fernández
Guaynabo (787) 788-7050 / (787) 788-7045
156/171 Truenorth Corp. 31.70 29.00 9.31 385 2001 Information system consulting & Gabriel Fernández
Guaynabo integration firm (787) 706-3033 / (787) 775-5980
157/161 Trans-Oceanic Life Insurance Co. 31.07 30.56 1.67 98 1959 Insurance company Nicolás Touma
Hato Rey (787) 620-2680 / (787) 620-2714
158/151 Tiendas La Gran Vía Inc. 31.00* 33.00 -6.06 355 1978 Men’s apparel-store chain Enrique Ledo
Arecibo (787) 817-5817 / (787) 879-3334
159/222 Desarrollos Metropolitanos LLC 30.52 19.61 55.63 100 1970 General contractor José R. Vizcarrondo
San Juan (787) 727-8666 / (787) 728-4595
160/159 Steel Services & Supplies Inc. 30.25 31.12 -2.80 68 1987 Construction materials supplier Francisco García Alonso
Toa Baja (787) 794-2250 / (787) 794-2390
161/160 Toyota del Oeste 30.10 30.65 -1.79 50 1998 Auto dealer Catalino Sánchez Rodríguez
(Empresas Catalino Sánchez Inc.) (787) 849-9000 / (787) 849-9036
Hormigueros
162/- Cossma Inc. 30.03 27.79 8.06 270 1987 Private medical center Isolina Miranda
Cidra (787) 739-8182 / (787) 739-8190
163/169 Ponce Health Sciences University 30.00* 29.50* 1.69 427 1977 Educational institution David Lenihan
Ponce (787) 840-2575 / (787) 284-2395
164/152 McConnell Valdés LLC 30.00* 32.75* -8.40 109 1946 Law firm Arturo J. García Solá
Hato Rey (787) 759-9292 / (787) 759-8282
165/162 Empresas Caparra 30.00* 30.25* -0.83 20 1962 Shopping-center management Adolfo González
(Caparra Center Associates LLC) (787) 792-5328 / (787) 782-9555
Guaynabo
166/167 Progreso Cash & Carry Inc. 29.70* 29.90* -0.67 48 1979 Cash & carry Juan Marroig
Ponce (787) 842-0214 / (787) 841-5166
167/- Asociación Hospital del Maestro Inc. 29.50 33.30 -11.41 403 1959 General hospital Aida L. Díaz
Hato Rey (787) 758-8383 / (787) 294-3103
168/136 Sachs Chemical Inc. 28.91 36.32 -20.40 36 1986 Chemical distributor Fernando Ortega
Caguas (787) 745-2520 / (787) 745-2990
169/178 Medina Auto Sales Inc. 28.53 27.82 2.55 35 1973 Auto dealer Marcos Medina Ocasio
Caguas (787) 747-4444 / (787) 720-1515
170/163 Cooperativa de Ahorro y Crédito de Rincón 28.17 30.23 -6.81 71 1955 Credit union Danilo Rosado Guillet
Rincón (787) 823-1515 / (787) 823-2738
171/180 Fernando C. Pujals & Bros. Inc. 28.16 27.33 3.04 100 1940 Candy & snacks distributor, cookies Fernando J. Pujals
Guaynabo & crackers manufacturer (787) 792-3080 / (787) 792-3497
172/179 Farmacia Caridad 27.00* 27.70* -2.53 188 1985 Pharmacy chain Nabil Yassin
(Barakah Two Thousand Drugs Corp.) (787) 787-7733 / (787) 269-0022
Bayamón
173/182 Packaging Solutions 27.00 27.00 0.00 162 1976 Packaging materials manufacturer Carlos Casellas
Bayamón (787) 622-7225 / (787) 622-7245
174/173 Hospital San Carlos Inc. 26.48 28.34 -6.56 341 1981 General hospital Rosaida M. Crespo Cordero
Moca (787) 877-8000 / (787) 877-5610
175/111 Empresas VRM 26.27 47.93 -45.19 24 1962 Land developer & homebuilder José A. Valdés
San Juan (787) 781-0025 / (787) 781-1465
176/185 Prisa Group 26.00* 25.50* 1.96 260* 1985 Residential developer Federico Stubbe
Dorado (787) 796-5656 / (787) 796-6130
177/153 Alberic Colón Auto Sales Inc. 25.95* 32.37* -19.83 35 1972 Auto dealer Alfredo Quiñonez
San Juan (787) 793-2222 / (787) 999-6879
178/186 Muñoz Holdings Inc. 25.90 25.50 1.57 202 1988 Hotel developer & building Antonio J. Muñoz
Santurce administrator (787) 729-0050 / (787) 729-0103
179/190 Universidad Carlos Albizu Inc. 25.87 24.62 5.08 123 1966 University Sylvia López Jorge
San Juan (787) 725-6500 / (787) 721-7187
180/192 United Surety & Indemnity Co. 25.85 24.45 5.73 60 1990 Property & casualty insurance Frederick Millán
Guaynabo company (787) 273-1818 / (787) 783-8232
181/191 Marpor Corp. 25.82 24.53 5.26 435 1988 Restaurant franchise chain Ricardo González
Caguas (787) 653-6262 / (787) 653-6266
182/170 Guaraguao Truck Sales Inc. 25.80 29.19 -11.61 64 1977 Truck dealer Javier O. Covas
Bayamón (787) 780-0090 / (787) 740-3615
183/- Alproem Engineering Contractors Corp. 25.44 29.17 -12.79 308 1998 Construction company Luis A. Ocasio Rivera
Bayamón (787) 995-0309 / (787) 288-3674
184/184 Caribbean University Inc. 24.50* 26.45 -7.37 388 1969 University Ana E. Cucurella Adorno
Bayamón (787) 780-0070 / (787) 999-8254
185/187 Hospicio La Paz Inc. 24.00* 25.07 -4.27 550 1996 Healthcare home services Luis R. Monrouzeau
Arecibo (787) 878-1548 / (787) 881-5161
186/189 Malgor & Co. 23.88 24.90* -4.10 60 1926 Food products distributor Conrado García Guerra
Cataño (787) 788-0303 / (787) 788-2190
187/- Castro Business Enterprises Inc. 23.46 24.61 -4.67 59 1976 Grocery products wholesaler & Ricky Castro
San Juan retailer (787) 726-6655 / (787) 727-2148
188/194 Laboratorio Clínico Toledo Inc. 23.34 23.88 -2.26 156 1997 Clinical & reference laboratory Ilia Toledo
Arecibo (787) 880-0444 / (787) 680-7215

Notes appear at the end of the ranking chart. Continues on page 48

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 47

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
189/181 Centro Médico Wilma N. Vázquez 23.32 27.04 -13.76 350 1980 General hospital José O. Pabón Quiñones
(Instituto Médico del Norte Inc.) (787) 858-1580 / (787) 858-2385
Vega Baja
190/- Grupo Sultana 23.00 - - 156 1988 Window & door manufacturer Samuel García Adarme
Bayamón (787) 395-7979 /
191/198 Centrocamiones Inc. 23.00* 23.30* -1.29 63 1981 Auto & truck dealer Jorge L. Martínez
Vega Alta (787) 915-5000 / (787) 915-0202
192/208 Cadillac Uniform & Linen Supply LLC 22.94 21.14 8.51 236 1966 Industrial laundry services Michael Shulevitz
Bayamón (787) 785-5757 / (787) 740-5865
193/201 Econo de Isabela (Agustín Morales Inc.) 22.80* 22.50* 1.33 100 1977 Supermarket Agustín Morales
Isabela (787) 872-4033 / (787) 872-1661
194/195 Dewey University Inc. 22.50* 23.63 -4.78 173 1992 University Carlos A. Quiñones Alfonso
San Juan (787) 753-0039 / (787) 764-6303
195/199 Construcciones José Carro S.E. 22.50* 23.00* -2.17 133 1989 Construction company José Carro
Ponce (787) 844-2070 / (787) 844-9401
196/197 Mech-Tech College LLC 22.50* 23.41 -3.89 110* 1984 Technical institute Edwin J. Colón Cosme
Caguas (877)800-8033 / (787) 744-1035
197/202 Islandwide Group 22.00 22.00 0.00 400 1969 Transportation & logistics services Pedro J. Rosaly
Guaynabo (787) 273-0955 / (787) 277-0518
198/214 Universidad Central del Caribe 22.00 20.00 10.00 315 1976 University José Ginel Rodríguez
Bayamón (787) 798-3001 / (787) 798-2044
199/- Gatsby (Komodidad Distributors Inc.) 21.57 26.17 -17.58 244 1965 Fashion-apparel distributor Jorge Galliano
Caguas (787) 746-3188 / (787) 746-0990
200/204 Los Cidrines (Pastelería Cidrines Inc.) 21.50* 22.00 -2.27 130* 1978 Bakery products manufacturer María D. Cidre
Arecibo (787) 878-2788 / (787) 878-5114
201/215 Olein Recovery Corp. 21.00 20.00 5.00 115 2004 Oil manufacturer & recycling Jorge González
Yabucoa services (787) 266-2103 / (787) 893-0224
202/209 Banco Cooperativo de Puerto Rico 21.00* 21.00 0.00 54 1973 Commercial bank Ángel L. Sáez López
Hato Rey (787) 641-2300 / (787) 753-2205
203/221 Andrés Reyes Burgos Inc. 20.78 19.92 4.32 450 1966 Waste-disposal services Siria Reyes Rivera
Cataño (787) 788-1075 / (787) 788-1059
204/210 Agro Servicios Inc. 20.64 20.86 -1.05 33 1978 Agricultural products distributor Pedro J. Vivoni Beaty
Hato Rey (787) 756-8181 / (787) 753-6188
205/193 Fiddler González & Rodríguez PSC 20.50 23.90 -14.23 107 1932 Law firm Ricardo L. Ortiz
Hato Rey (787) 753-3113 / (787) 767-7063
206/200 Simed 20.48 22.87 -10.45 51 1986 Professional liability medical Agustín L. Montalvo
Santurce malpractice insurance (787) 641-2550 / (787) 724-4437
207/216 Party City of P.R. Inc. 20.40* 20.00 2.00 142 1992 Party-goods retail chain Aileen Amieiro
Guaynabo (787) 781-0005 / (787) 781-3938
208/267 Tamrio Inc. 20.20 14.75 36.95 95 1998 General contractor Héctor L. Del Río Torres
Mayagüez (787) 805-4120 / (787) 265-6885
209/206 Servimetal LLC 20.20 21.52 -6.13 91 1988 Steel products manufacturer & Emilio M. Ortiz
Caguas distributor (787) 747-7766 / (787) 747-9676
210/203 Carmelo 20.00 22.00 -9.09 175 1955 Aggregates & concrete products Edgar Figueroa
Sabana Seca manufacturer (787) 251-9474 / (787) 251-9420
211/211 Longo Caribbean Inc. 20.00* 20.75* -3.61 100 1996 General contractor Robert Longo
Guaynabo (787) 705-9510 / (787) 705-9513
212/217 Mi Pan Asociados Inc. 20.00 20.00 0.00 89 1973 Bakery products manufacturer José L. Labeaga
Toa Baja (787) 784-6604 / (787) 261-1395
213/321 Máximo Solar Industries 20.00 10.35 93.24 67 2009 Renewable-energy systems Máximo Torres Nazario
Aguadilla integration (787) 891-8080 / (787) 882-5943
214/255 Empresas Pérez Hermanos 20.00* 16.00* 25.00 44 1965 Food distributor José Pérez Colón
Cayey (787) 738-4261 / (787) 738-2399
215/213 Acha Trading Co. 19.92 20.35 -2.11 53 1962 Interior construction & remodeling Isaías J. Mora
Cataño material sales (787) 275-6095 / (787) 275-9065
216/223 Caribbean Airport Facilities Inc. 19.90* 19.50* 2.05 120 1985 Retail property leasing & hotel Jean Tirri
Carolina operator (787) 791-4545 / (787) 791-6470
217/- Deya Elevator Service Inc. 19.85 22.34 -11.15 130 1969 Elevator installation, maintenance José G. Deya Reyes
Guaynabo & service (787) 268-8777 / (787) 268-8767
218/- Bird Group LLC 19.78 14.43 37.08 189 2011 General contractor Manuel A. Deliz
Río Piedras (787) 721-6630 / (787) 721-6635
219/207 Target Rent A Car Inc. 19.76 21.19 -6.75 73 1964 Car rental Enrique Blanco
San Juan (787) 783-9901 / (787) 781-6413
220/205 Advanced Graphic Printing Inc. 19.13 22.00 -13.05 97 1997 Commercial printer Joel Acevedo Fernández
Guaynabo (787) 641-5400 / (787) 641-4477
221/227 Ramallo Bros. Printing Inc. 19.00* 19.25* -1.30 160 1966 Commercial printer Alberto Ramallo
San Juan (787) 287-0303 / (787) 620-8686
222/- Liquilux Gas Corp. 19.00 16.00 18.75 50 1952 Gas distributor Ramón González
Ponce (787) 842-3320 / (787) 843-0555
223/196 CT Radiology Complex Inc. 18.94 23.58 -19.68 160 1977 Health diagnostic services Liana R. Medina
Bayamón (787) 780-9069 / (787) 780-2121
224/218 Antúnez & Son Produce Inc. 18.76 20.00 -6.20 52 1988 Fruit & vegetables wholesaler Mark Antúnez
Toa Baja (787) 740-7582 / (787) 251-4005

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
225/230 Condado Travel Inc. 18.50 19.00 -2.63 27 1969 Travel agency José D. Targa
San Juan (787) 754-7000 / (787) 764-1853
226/271 West Corp. 18.22 14.69 24.03 117 1970 General contractor Fernando L. Sumaza
Mayagüez (787) 831-1918 /
227/176 Structural Steel Works Inc. 18.00 28.00 -35.71 120 1968 Structural-steel manufacturer & Juan C. Aguayo
Bayamón installation (787) 787-5405 / (787) 787-5077
228/- Empresas de Gas Inc. 18.00 16.00 12.50 100 1988 Propane gas retailer Ramón González Simonet
Toa Baja (787) 767-2330 / (787) 751-9904
229/- Avant Technologies of P.R. Inc. 18.00 - - 51 1992 Security systems designer & Luis A. Díaz
Caguas manufacturer (787) 746-9191 / (787) 746-7131
230/243 Softek Inc. 17.78 17.08 4.10 70 1991 Information systems consulting & Julián Londoño
Hato Rey software developer (787) 754-0400 / (787) 754-0463
231/244 The Retail Group Inc. 17.71 16.89 4.85 733 1998 Merchandising & promotions Milagros Cabrera
Bayamón (787) 622-9212 / (787) 706-0678
232/228 Cooperativa de Ahorro y Crédito de Vega 17.70 19.08 -7.23 100 1953 Credit union Rubén E. Morales Rivera
Alta (787) 883-4360 / (787) 270-2973
Vega Alta
233/220 Cooperativa de Ahorro y Crédito de Aguada 17.66 19.93 -11.39 127 1948 Credit union Juan Figueroa Ruiz
Aguada (787) 868-2115 / (787) 868-5095
234/237 Alonso & Carus Iron Works Inc. 17.50* 17.75* -1.41 135 1961 Structural steel & storage tank Jorge L. Ramos Viruet
Cataño manufacturer (787) 788-1065 / (787) 788-0350
235/- Toyota de Aguadilla 17.39 18.59 -6.46 43 1995 Auto dealer Catalino Sánchez Rodríguez
(Centro Automotriz Toyota Inc.) (787) 891-7777 / (787) 891-3890
Aguadilla
236/242 Farmacia Ruiz Belvis 17.34 17.14 1.17 108 1982 Pharmacy Carlos R. Ocasio
Caguas (787) 746-4919 / (787) 258-7060
237/241 Su Tienda Auto Parts 17.17 17.48 -1.77 70 1968 Auto parts & accessories retailer Sergio Sagramoso
Río Piedras (787) 766-4410 / (787) 765-6516
238/236 Enco Manufacturing Corp. 17.00* 17.80 -4.49 80 1983 Paint, sealer & mortar manufacturer Sergio Blanco de la Torre
Cidra (787) 739-3751 / (787) 739-2242
239/224 Vassallo International Group Inc. 17.00 19.50 -12.82 71 1962 Plastic products manufacturer Rafael V. Vassallo
Ponce (787) 848-1515 / (787) 848-3666
240/183 RB Construction Group Inc. 16.96 26.58 -36.19 132 1972 General contractor Manuel A. Suárez Méndez
Trujillo Alto (787) 293-0300 / (787) 293-0309
241/257 Century Packing Corp. 16.50* 15.90* 3.77 76 1963 Meat processor & distributor Manuel Coriano
Las Piedras (787) 716-2555 / (787) 716-2597
242/- Ferraiuoli LLC 16.47 15.23 8.14 84 2003 Law firm Eugenio J. Torres Oyola
Hato Rey (787) 766-7000 / (787) 766-7001
243/296 Cooperativa de Ahorro y Crédito 16.45 12.72 29.32 63 1952 Credit union Carlos R. Maldonado Rivera
Roosevelt Roads (787) 863-3045 / (787) 860-4050
Fajardo
244/246 O’Neill & Borges LLC 16.25* 16.50* -1.52 128 1962 Law firm Edgardo Nieves
Hato Rey (787) 764-8181 / (787) 753-8944
245/284 Caribbean Sign Supplies Manufacturers Inc. 16.16 13.45 20.15 94 1993 Sign & digital printing supplier Javier Doble Bravo
Guaynabo (787) 783-2655 / (787) 273-1513
246/225 Hospital Oriente Inc. 16.07 19.49 -17.55 207 1932 General hospital Efraín Piñero
Humacao (787) 852-0505 / (787) 850-4230
247/289 Industrias Feliciano Aluminum Inc. 16.00 13.15 21.67 120 1980 Windows & doors manufacturer Neftalí Feliciano Cortés
Aguadilla (787) 891-5224 / (787) 882-1655
248/276 First Pharmacy (Hamed Corp.) 16.00* 14.00 14.29 70* 1991 Pharmacy chain Hassan Sabri Hamed
Río Piedras (787) 763-9536 / (787) 754-5517
249/262 Koper Furniture Inc. 16.00 15.00 6.67 55 1974 Furniture store Jaime Cols Kaba
Río Piedras (787) 758-2450 / (787) 767-8592
250/290 BDO Puerto Rico PSC 15.90 13.10 21.37 137 2000 Accounting firm Fernando Scherrer
San Juan (787) 754-3999 / (787) 754-3105
251/253 Light Gas Corp. 15.90* 16.07 -1.06 70* 1989 Gas & gas products distributor Julio Feliciano
Salinas (787) 824-4838 / (787) 824-7359
252/233 Max Chemical Inc. 15.76 18.09 -12.88 106 1986 Chemical products manufacturer Julio Pentón
Río Piedras (787) 765-6100 / (787) 753-1735
253/- Quality Construction Services II LLC 15.73 15.60 0.83 70 1995 General contractor Edwin La Torre
Santurce (787) 726-0877 / (787) 726-0861
254/247 Humberto Vidal Inc. 15.70* 16.30* -3.68 250 1971 Shoe-store chain Luis Vidal
Río Piedras (787) 751-7070 / (787) 751-7025
255/168 Perfect Integrated Solutions Inc. 15.57 29.82 -47.79 1,947 2014 Multi-service parent company Edwin Soto Ruiz
Río Piedras (787) 287-8181 / (787) 790-6525
256/252 Metropolitan Industrial Food Service Inc. 15.50* 16.08 -3.61 323 1970 Food-service management Josué Navarro
Hato Rey (787) 764-4111 / (787) 764-4499
257/212 Benítez Auto (Barranquitas Auto Corp.) 15.50* 20.50* -24.39 56 1974 Auto dealer Pedro Benítez
Caguas (787) 746-6262 / (787) 743-7101
258/- RG Engineering Inc. 15.50* 12.35 25.51 36 1982 Electrical equipment installation & Roberto Camino
Santurce distributor (787) 723-4623 / (787) 721-6678

Notes appear at the end of the ranking chart. Continues on page 50

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 49

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
259/- Priority RoRo Services Inc. 15.26 12.90 18.29 15 2001 Marine cargo transportation Wilmarie Rivera Romero
Miramar (787) 721-1922 / (787) 721-5047
260/258 Autocare LLC 15.25 15.85 -3.79 230 1986 Car wash chain Carlos Irizarry
Guaynabo (787) 781-5001 / (787) 781-5000
261/260 The Outlet 66 Mall 15.25* 15.30* -0.33 7 2001 Shopping center Justin A. Tirri
Canóvanas (787) 256-7040 / (787) 256-7046
262/277 Farmacias Medina Inc. 15.00* 14.00* 7.14 81 1978 Pharmacy chain Samuel Medina
Carolina (787) 752-5111 / (787) 757-2211
263/256 Netxar Technologies Inc. 15.00* 16.00 -6.25 38* 2002 Systems integration & information José Santiago
Hato Rey systems consulting firm (787) 765-0058 / (787) 756-5362
264/261 Cooperativa de Ahorro y Crédito de Isabela 14.97 15.10 -0.86 69 1954 Credit union Luis A. Pérez Hernández
Isabela (787) 872-2265 / (787) 872-2940
265/264 García Trucking Service Inc. 14.95* 14.90 0.34 130* 1968 Trucking, moving & storage José Antonio García Muñiz
Carolina company (787) 762-5353 / (787) 762-5648
266/270 Paciv Inc. 14.86 14.70 1.09 105 1997 Validation & regulatory compliance Jorge L. Rodríguez
Santurce services (787) 721-5290 / (787) 721-5938
267/254 Vent-Alarm Corp. (Valcor) 14.80 16.00 -7.50 142 1981 Window & door manufacturer Fernando A. Sosa Velasco
Gurabo (787) 653-0152 / (787) 737-5773
268/269 Borinquen Biscuit Corp. 14.80* 14.70* 0.68 124 1932 Soda-cracker & cookie Antonio Rodríguez Zamora
Yauco manufacturer (787) 856-3030 / (787) 856-5339
269/295 Camioneros, Cooperativa de 14.60 12.84 13.71 112 1965 Trucking company Norberto Rivera López
Transporte de Carga (787) 798-6430 / (787) 740-2630
Bayamón
270/265 Martex Farms S.E. 14.50* 14.85 -2.36 350 1999 Nursery farm Venancio C. Martí
Santa Isabel (787) 845-4909 / (787) 845-5937
271/268 Corporación Los Hermanos Inc. 14.50* 14.70* -1.36 210* 1990 Cafeteria & bakery management Rosinín Rodríguez
San Juan (787) 763-1879 /
272/293 AG Group 14.50* 13.00* 11.54 42 2005 Event promoter & producer Arturo Guzmán
Guaynabo (787) 587-4300 /
273/339 Standard Refrigeration Co. Inc. 14.30 9.50 50.53 61 1947 Mechanical & electrical contractor Juan S. Quintana
Río Piedras (787) 789-1000 / (787) 720-0960
274/231 Unique Chemical Technologies Inc. 14.13 18.57 -23.91 8 1992 Chemical products distributor Carlos M. Acevedo Domínguez
San Juan (787) 749-9393 / (787) 749-9292
275/- Marina Puerto del Rey 14.10 14.68 -3.95 118 1988 Marina Carolina Corral
Fajardo (787) 860-1000 / (787) 860-7592
276/251 CPM (Caribbean Project Management) 13.80 16.10 -14.29 137 1991 Construction management Francisco G. Arteaga
Guaynabo (787) 999-4000 / (787) 999-4010
277/355 Allied Car & Truck Rental Inc. 13.80 8.90 55.06 90 1983 Car & truck rental Rhamses Carazo
Carolina (787) 726-7350 / (787) 727-2438
278/275 AKM Mfg. Inc. 13.80 14.00 -1.43 81 1990 Electrical products manufacturer Pedro Arvesú
San Juan (787) 620-4950 / (787) 620-4958
279/297 Caribe General Constructors Inc. 13.70 12.50 9.60 152 1966 General contractor José M. Bonnín
Ponce (787) 844-4720 / (787) 840-8547
280/232 Marxuach Precast Solutions LLC 13.54 18.34 -26.17 97 2000 Precast fabrication & erection Martín G. Marxuach
Río Grande company (787) 783-3525 / (787) 273-6220
281/278 Universidad Central de Bayamón Inc. 13.50* 13.94 -3.16 207 1961 University Lillian Negrón Colón
Bayamón (787) 786-3030 / (787) 740-2200
282/274 Mocoroa & Castellanos Inc. 13.50* 14.49 -6.83 20 1978 Plumbing materials wholesaler Miguel Mocoroa
Guaynabo (787) 272-3410 / (787) 720-3918
283/273 A.M.M.V.R. Group Inc. 13.32 14.65 -9.08 86 2000 Reference laboratory Eduardo Artau
Hato Rey (787) 999-2990 / (787) 764-8809
284/- Foam Pack of Puerto Rico Inc. 13.10 11.99 9.26 118 1981 Packaging components manufacturer Manuel Barreiro
Río Piedras (787) 731-9000 / (787) 731-9494
285/291 Cooperativa de Ahorro y Crédito de 13.00* 13.10* -0.76 60 1967 Credit union Miguel Ortiz Santos
Barranquitas (Credicentro-Coop) (787) 857-3500 / (787) 857-3808
Barranquitas
286/- Universal Solar Products Inc. 12.93 10.51 23.03 61 1965 Solar equipment manufacturer Moisés Almansa
San Juan (787) 781-5555 / (787) 783-7733
287/298 RSM Puerto Rico 12.92 12.26 5.38 111 1977 Accounting & consulting firm Doris Barroso Vicéns
Río Piedras (787) 751-6164 / (787) 759-7479
288/299 Validation & Engineering Group Inc. 12.90 11.99 7.59 139 1997 Validation & engineering services Ronald Pacheco
Guaynabo (787) 622-0996 / (787) 622-0999
289/263 8 12.80 14.96 -14.44 161 1956 Men’s apparel store chain Elías L. Blanco
Madison Group
Bayamón (787) 740-2400 / (787) 740-2452
290/288 Chemex Corp. 12.80* 13.25* -3.40 4 1980 Chemicals products distributor Eduardo J. Pérez
Río Piedras (787) 763-7205 / (787) 758-5661
291/292 Apple Caribe Inc. 12.72 13.00 -2.15 263 2006 Casual dining restaurant Jorge Colón Gerena
Santurce (787) 792-2001 / (787) 273-0523
292/302 Grand Store Corp. 12.71 11.71 8.54 61 1984 Department store Nabil Alkhatib
Bayamón (787) 780-8010 / (787) 780-8062
293/250 Marine Express Inc. 12.62 16.11 -21.66 79 1992 Marine cargo transportation Néstor González Romero
Mayagüez services (787) 832-4760 / (787) 831-1810
294/287 González Trading (GT Corp.) 12.57 13.35 -5.84 66 1963 Construction machinery & José M. Baeza
Río Piedras equipment sale & distributor (787) 783-9380 / (787) 782-2049

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
295/329 Scanner Overseas of P.R. Inc. 12.56 9.99 25.73 15 1993 Computer sale & service Fernando Díaz
San Juan (787) 622-7677 / (787) 622-7677
296/306 Puerto Rican Pizza Inc. 12.55 11.30 11.06 212 1990 Pizza restaurant franchise chain Carlos L. García
Mayagüez (787) 265-5081 / (787) 831-5684
297/308 Supermercado Plaza Guayama Inc. 12.42 11.11 11.79 55* 1996 Supermarket chain Antonio Palau Martínez
Guayama (787) 864-8251 / (787) 866-2719
298/359 Refrigerama Inc. 12.23 8.70 40.57 53 1959 Refrigeration equipment sales, José R. De Pedro Montes
Cataño installation & service (787) 275-0000 / (787) 275-3300
299/279 Uno Radio Group (Arso Radio Corp.) 12.18 13.89 -12.31 92 1972 Radio-station network & event Luis A. Soto
Río Piedras producer (787) 474-0630 / (787) 282-6060
300/310 Systronics Inc. 12.12 11.03 9.88 70 1976 Printers & office equipment Jorge Villena
Hato Rey distributor (787) 758-6800 / (787) 766-1033
301/226 Desarrolladora J.A. Inc. 12.11 19.32 -37.32 47 2001 General contractor José Abrams
Isabela (787) 830-4821 / (787) 830-4808
302/- Caribe Federal Credit Union 12.10 11.60 4.31 71 1951 Credit union Jorge M. Vadell
Hato Rey (787) 474-5151 / (787) 474-5148
303/338 Prime Janitorial Service 12.00 9.50 26.32 494 1999 Commercial janitorial services Fernando J. Rodríguez
Ponce (787) 840-3942 / (787) 259-1216
304/304 Transporte Rodríguez Asfalto Inc. 12.00 11.35 5.73 138 1982 Construction company & road Héctor Rodríguez
Hormigueros paver (787) 834-2300 / (787) 849-5533
305/394 San Juan Gas 12.00 6.50 84.62 41 2004 Natural gas distributor Ramón González Simounet
Santurce (787) 767-2330 / (787) 751-9904
306/314 Electric Service Corp. 11.81 10.81 9.25 87 1964 Pump systems, access control & Manuel Legrand
San Juan generator sales & service (787) 728-2880 / (787) 728-2886
307/- Right Way Environmental Contractors Inc. 11.68 3.62 222.65 70 1995 Environmental firm Pedro Tejada
Barranquitas (787) 857-8832 / (787) 857-6068
308/259 Danosa Caribbean Inc. 11.67 15.57 -25.05 52 1978 Waterproofing products Waleska Rivera
Bayamón manufacturer (787) 785-4545 / (787) 787-3902
309/301 Hospital Santa Rosa 11.46 11.88 -3.54 93 1962 General hospital Fernando Alarcón
Guayama (787) 864-0101 / (787) 866-0489
310/324 De La Cruz Group Inc. 11.44 10.22 11.94 94 1985 Advertising & public relations René de la Cruz
Guaynabo agency (787) 622-4141 / (787) 622-4170
311/- Infomedika Inc. 11.38 10.54 7.97 78 1981 Healthcare industry software Luis M. Ramírez Ronda
Hato Rey developer (787) 620-2474 / (787) 620-8612
312/353 LT Automation Inc. 11.33 9.06 25.06 15 2004 Industrial systems automation Elvin Pagán
Hato Rey design & installation (787) 780-3740 / (787) 780-3731
313/249 M.A. Caribbean Corp. 11.32 16.26 -30.38 46 1975 Truck dealer Raymond Suárez
Caguas (787) 747-1111 / (787) 747-1199
314/325 Super Farmacia Vanga Inc. 11.23 10.09 11.30 36 1974 Pharmacy Pedro J. Vanga Feliciano
Río Piedras (787) 751-0565 / (787) 751-0286
315/300 Ganaderos Alvarado Inc. 11.15 11.91 -6.38 80 1983 Meat processor & distributor Juan A. Alvarado
Arecibo (787) 879-2404 / (787) 879-1029
316/312 One Stop Prescription Puerto Rico Inc. 11.03 10.98 0.46 38 2003 Pharmacy chain Pedro J. Vanga Feliciano
Río Piedras (787) 751-9606 / (787) 751-0286
317/305 Automeca Technical College Inc. 11.00* 11.32 -2.83 175* 1982 Technical institute Héctor L. Ortiz
Bayamón (787) 779-6161 /
318/307 La Rosa del Monte Express Inc. 11.00 11.25 -2.22 65 1972 Moving & storage company Ricardo Martínez
Toa Baja (787) 780-5775 / (787) 798-7101
319/283 Terrassa Concrete Industries 11.00* 13.50* -18.52 58 1985 Concrete products manufacturer Luis E. Terrassa
Bayamón (787) 785-7820 / (787) 740-5808

Notes appear at the end of the ranking chart. Continues on page 52

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 51

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
320/362 Wah-Mey Enterprises Inc. 10.95 8.41 30.20 13 1976 Food service distributor Francisco Fong
Cataño (787) 275-6300 / (787) 275-6303
321/- Antilles Power Depot 10.90 5.00 118.00 45 1999 Electric generators distributor Jason G. Hebert
Carolina (787) 622-9330 / (787) 622-9333
322/294 Droguería FMC Distributors Inc. 10.90 13.00 -16.15 35 1995 Pharmaceutical products distributor Mark Johnson
Ponce (787) 841-8181 / (787) 841-8184
323/316 Productos La Finca Inc. 10.80* 10.70* 0.93 41 1999 Food products manufacturer Eniel Torres Ojeda
Sabana Grande (787) 873-3177 / (787) 873-3260
324/266 Alco High Tech Plastics Inc. 10.62 14.81 -28.29 95 1996 Packaging bags & films manufacturer Gilberto Nieves Rivera
Corozal (787) 859-6590 / (787) 859-6910
325/309 Mayagüez Resort & Casino Inc. 10.50* 11.06 -5.06 240 1996 Hotel, resort & casino Santos Alonso Maldonado
Mayagüez (787) 832-3030 / (787) 265-3020
326/318 MultiSystems Inc. 10.50 10.50 0.00 54 1987 Systems integrator Delfín A. Lorenzo
Hato Rey (787) 751-2720 / (787) 751-0155
327/313 Cooperativa de Ahorro y Crédito de 10.48 10.84 -3.32 29 1968 Credit union Isidro Caraballo Serra
Médicos y otros Profesionales de la Salud (787) 763-8611 / (787) 763-8643
(MediCoop)
Río Piedras
328/319 Fulcro Insurance Inc. 10.26 10.36 -0.97 57 1981 Insurance broker Ramón A. Pérez Blanco
San Juan (787) 725-5880 / (787) 721-0988
329/- Caribbean Display & Construction Inc. 10.24 7.32 39.89 60 1989 Interior contractor Ralphie Pagán González
San Juan (787) 793-1099 / (787) 793-0733
330/323 CMA Architects & Engineers LLC 10.14 10.24 -0.98 96 1959 Architectural & engineering firm Jordi Bofill Valdés
Guaynabo (787) 792-1509 / (787) 782-0687
331/334 Adsuar Muñiz Goyco Seda & 10.10 9.82 2.85 53 1994 Law firm Ricardo Muñiz
Pérez Ochoa PSC (787) 756-9000 / (787) 756-9010
Hato Rey
332/328 Serafín Wholesale Distributors Inc. 10.10* 10.00 1.00 30 1984 Hardware distributor Humberto Serafín
Hato Tejas (787) 780-0960 / (787) 740-3190
333/239 Latin Media House LLC & Subsidiary: 10.10 - - 154 2015 Publishing company & telemarketing Heiko Faass
DRSI Call Center LLC services (787) 728-3000 / (787) 641-3551
Santurce
334/326 Numeat Packing Inc. 10.00 10.00 0.00 90 1998 Food manufacturer Elpidio Núñez III
San Juan (787) 781-1950 / (787) 781-1125
335/- Laboratorio Clínico y Referencia 10.00 7.50 33.33 63 1981 Clinical & reference laboratory María Pérez Veras
M. Landrón Inc. (787) 858-3835 / (787) 807-1916
Vega Baja
336/327 Autoland 10.00 10.00* 0.00 35 2001 Auto dealer Gustavo E. Guilbe
Mayagüez (787) 652-5000 / (787) 652-5004
337/229 Venegas Construction Corp. 10.00* 19.02 -47.42 17 1965 General contractor Emilio M. Venegas
Ponce (787) 848-4848 / (787) 842-3449
338/- HBA Contractors Inc. 10.00* 11.00* -9.09 12 1993 General contractor Irving Bassin
San Juan (787) 722-6882 / (787) 725-4381
339/358 Motor Sport Inc. 9.99 8.76 14.04 25 1970 Motorcycle distributor Héctor Fossas
Guaynabo (787) 790-4900 / (787) 272-6120
340/346 Fast Food Management Inc. 9.89 9.29 6.46 140 1979 Fast-food franchise chain John A. Regis Jr.
San Juan (787) 725-1814 / (787) 725-1859
341/343 Target Human Resources Solutions 9.88 9.50 4.00 15 1988 Employment firm René J. González Martín
Guaynabo (787) 766-1113 / (787) 766-3060
342/357 Volkswagen Kennedy (Euroclass Motors Inc.) 9.85 8.80 11.93 26 1991 Auto dealer Ramón Vega Jr.
San Juan (787) 782-4039 / (787) 782-5222
343/238 American Agencies Co. Inc. 9.83 17.73 -44.56 27 1956 Structural-steel manufacturer Omir Méndez
Río Piedras (787) 758-6300 / (787) 763-6021

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
344/348 Cooperativa de Ahorro y Crédito de Manatí 9.81 9.15 7.21 76 1948 Credit union Cándido Rivera López
Manatí (787) 854-2214 / (787) 854-0046
345/347 Liana Foods Inc. 9.80 9.17 6.87 25 1991 Food distributor Louis McDougall
Bayamón (787) 786-4120 / (787) 787-1414
346/315 Office Gallery Inc. 9.76 10.72 -8.96 32 1997 Office supplies & equipment store Carmen A. Santos Franco
Caguas (787) 286-5770 / (787) 286-5765
347/317 Charlie Car Rental Inc. 9.70 10.50 -7.62 45 1983 Daily car rental José Martínez
Carolina (787) 728-2418 / (787) 727-2320
348/390 New Energy Consultants & Contractors LLC 9.67 6.90 40.14 95 2007 Renewable energy products Alejandro Uriarte
Hato Rey (787) 946-0522 /
349/- Ambiente Moderno Inc. 9.65 - - 50 1989 Home furniture store Alfredo Álvarez Cardona
Hato Rey (787) 756-0303 / (787) 788-4384
350/- Tecnicentros Mundial Inc. 9.60 9.96 -3.61 80* 1984 Tire retail & distributor Efraín Tirado
San Juan (787) 276-5630 / (787) 276-5655
351/335 Goldman Antonetti & Córdova LLC 9.60* 9.70* -1.03 59* 1959 Law firm Carlos A. Rodríguez Vidal
Hato Rey (787) 759-8000 / (787) 767-9333
352/331 J. Jaramillo Insurance Inc. 9.46 9.86 -4.06 38 2009 Insurance agency Juan J. Jaramillo Medina
Guaynabo (787) 728-5555 / (787) 728-8543
353/392 Landscape Contractors & Designers LLC 9.18 6.70 37.01 250 1994 Landscaping contractor Joaquín Martínez Viguie
Toa Baja (787) 794-2620 / (787) 794-4846
354/370 Puerto Rico Steel Products Corp. 9.18 8.03 14.32 42 2000 Steel products manufacturer Samuel Alizo
Coto Laurel (787) 843-2522 / (787) 843-2515
355/354 Sign Engineering Corp. 9.10 9.04 0.66 101 1990 Electric sign manufacturer Harold Pedley
Río Piedras (787) 790-1330 / (787) 790-2825
356/336 A La Orden Discount 9.10* 9.60* -5.21 35 1981 Furniture & appliances retail store Porfirio Guzmán
(El Piex Puertorriqueño Inc.) (787) 756-7979 / (787) 756-7980
Hato Rey
357/311 Central Industrial Services Inc. 9.00 11.00* -18.18 195 1992 Environmental services Enrique Pérez Vázquez
Barceloneta (787) 846-5454 / (787) 846-0369
358/379 Patio Gallery Inc. 9.00 7.50* 20.00 30 2006 Home furniture store Mhdy Taha
Hato Rey (787) 294-0516 / (787) 294-0518
359/388 3A Press Corp. 8.95 6.93 29.15 103 1996 Commercial printing Marie A. Rosado
Lajas (787) 899-0110 / (787) 899-0155
360/- Vissepó & Diez Construction Corp. 8.92 5.96 49.66 97 1972 General contractor Pedro F. Diez Macías
Mayagüez (787) 834-2909 / (787) 831-1190
361/341 Farmacia Belmonte Inc. 8.86 9.50 -6.74 83 1994 Pharmacy David Martínez
Hormigueros (787) 849-4173 / (787) 264-7171
362/380 CRB Caribe LLP 8.73 7.35 18.78 66 2004 Engineering & architectural firm Thomas Forester
Río Piedras (787) 622-2720 / (787) 622-2725
363/351 Fraterfood Service Inc. 8.56 9.10 -5.93 109 1984 Restaurant & fast-food chain Julio F. Méndez Muñoz
San Juan (787) 287-0060 / (787) 287-0066
364/332 Techno Plastics Industries Inc. 8.51 9.85 -13.60 140 1991 Plastic manufacturer Roberto L. Tous
Añasco (787) 826-6000 / (787) 826-6020
365/333 Caguas Mechanical Contractor Inc. 8.50* 9.82 -13.44 57 1976 General contractor Carmelo Nieves
Caguas (787) 743-0723 / (787) 746-8828
366/356 CIB Corp. 8.50* 8.88 -4.28 44 1961 Industrial materials distributor Fernando Quijano
San Juan (787) 793-2000 / (787) 781-4373
367/368 RK Power Generator Corp. 8.50 8.20 3.66 36 2004 Electric generators distributor Rubén E. Aguilar
Río Piedras (787) 286-6454 / (787) 286-6455
368/280 Engineered Parts & Services Inc. 8.38 13.69 -38.79 70 1982 Industrial-equipment manufacturer José R. Colberg Ortiz
Vega Alta (787) 883-8880 / (787) 883-8860

Notes appear at the end of the ranking chart. Continues on page 54

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 53

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
369/344 Caribbean Data System Inc. 8.38 9.46 -11.42 35 1969 Computer sale & service Severiano López Sicre
San Juan (787) 774-6969 / (787) 774-6973
370/361 Vigilantes Inc. 8.00 8.50 -5.88 462 1970 Security service company Edgar Pedrosa
Hato Rey (787) 763-2080 / (787) 763-2720
371/371 Mors Inc. 8.00 8.00 0.00 28 1987 Printer & scanner distributor Gonzalo Jara
Puerto Nuevo (787) 793-4622 / (787) 792-7595
372/372 Inter-Strap Packaging Systems Inc. 8.00 8.00 0.00 15 1986 Packaging distribution components Antonio Fernández Díaz
Hato Rey (787) 771-5230 / (787) 765-2130
373/398 Altol Environmental Services Inc. 8.00 6.00 33.33 10 1996 Chemical laboratory Alving Tollinchi Delgado
Ponce (787) 835-4242 / (787) 848-6299
374/378 Valija Gitana Inc. 7.79 7.54 3.32 98 1993 Apparel store chain Robert Van Kirk
Carolina (787) 701-6767 / (787) 701-6788
375/- FPV & Galíndez CPAs, PSC 7.76 - - 65 2008 Accounting firm Julio A. Galíndez
Hato Rey (787) 764-5049 / (787) 764-0528
376/377 Quintana Hermanos Inc. 7.75 7.76 -0.13 15 1908 Food products & wine distributor José L. Quintana
San Juan (787) 783-3366 / (787) 749-0585
377/- Bridge Security Services Inc. 7.70 - - N/P 2001 Security guard services Roque L. Rosario Rivera
Bayamón (787) 787-7125 /
378/- Industrial Chemicals Corp. 7.68 8.15 -5.77 51 1974 Chemical manufacturer James Baus
Peñuelas (787) 836-1260 / (787) 836-1240
379/- SM Electrical Contractors S.E. 7.63 5.92 28.89 123 1990 Electrical & mechanical contractor Francisco Javier Lasanta
Ponce (787) 842-8822 / (787) 843-9642
380/345 Integration Technology Corp. (Intech) 7.50* 9.31 -19.44 65 1992 Systems integration & consulting Henry S. Gordillo
San Juan firm (787) 273-0000 / (787) 273-0003
381/360 EST Hardware (Eugenio Serafín Inc.) 7.50* 8.57 -12.49 30* 1986 Kitchen, bath & plumbing materials William A. Segarra
Bayamón wholesaler (787) 787-1808 / (787) 787-6130
382/382 Wholesale Electric Caribe Inc. 7.48 7.04 6.25 25 1999 Electrical & automation products Miguel Barrios
Barceloneta wholesaler (787) 846-5755 / (787) 970-0727
383/391 A.M. Electric Inc. 7.40 6.81 8.66 55 1984 Electric contractor Javier Acosta Martín
Mayagüez (787) 834-3256 / (787) 833-8303
384/- Cooperativa Zeno Gandía 7.32 7.75 -5.55 60 1955 Credit union Erixson Gómez
Arecibo (787) 815-2667 / (787) 878-5653
385/387 Cooperativa de Ahorro y Crédito Asociación 7.00* 6.95 0.72 51 1948 Credit union José I. Flecha Cruz
de Maestros de P.R. (Edu-Coop) (787) 754-7895 / (787) 250-8762
Hato Rey
386/386 Tecno-Lite of P.R. Inc. 7.00 7.00 0.00 25 1970 Electrical & plumbing materials Manuel R. Pérez Espinosa
Carolina supplier (787) 752-8252 / (787) 750-4344
387/373 Rama Construction LLC 6.96 7.99 -12.89 52 1976 General contractor Víctor E. Oquendo De Jesús
Ponce (787) 844-2180 / (787) 841-5648
388/375 Angleshelf of Puerto Rico Inc. 6.81 7.93 -14.12 38 1971 Storage & material handling Lázaro Coto
Carolina distributor (787) 752-5400 / (787) 750-5015
389/- Puerto Rico Farm Credit 6.77 6.91 -2.03 22 1922 Agricultural financial-services Ricardo L. Fernández
Hato Rey cooperative (787) 753-0579 / (787) 250-1646
390/- Palacios (Ileana Palacios Corp.) 6.74 - - 20 1995 Home furniture store Ileana Palacios
San Juan (787) 620-7034 /
391/376 Puerto Rico Computer Services Corp. 6.50* 7.90 -17.72 37 1973 Computer sales & consulting Luis F. Arabia
Guaynabo (787) 641-7727 / (787) 789-3075
392/337 Bismarck Trading Inc. 6.50* 9.60* -32.29 15 1980 Supermarket supplies & food Aníbal De la Torre
Guaynabo service distributor (787) 767-6910 / (787) 753-0175
393/381 The Office Shop (Double S Stationery Inc.) 6.40 7.10 -9.86 38 1972 Office supplies store Arnaldo Santa Cruz
Hato Rey (787) 763-5875 / (787) 758-2524

54 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S TOP 400 LOCALLY OWNED COMPANIES


(Listed According to 2015 Revenue)
Current/ Company Name 2015 2014 Percent No. of Year Main Line of Business Top Executive
Previous Location Revenue Revenue Change Full-Time Founded Telephone/Fax
Ranking ($ Millions) ($ Millions) Employees
394/369 Famous Caribe Inc. 6.36 8.05 -20.99 110 2007 Casual dining restaurant Jorge Colón Gerena
Santurce (787) 792-2001 / (787) 273-0523
395/396 Jiménez, Graffam & Lausell 6.33 6.28 0.80 36 1968 Law firm William A. Graffam
Hato Rey (787) 767-1030 / (787) 751-4068
396/- Constructores Gilmar Inc. 6.32 10.75 -41.21 53 1988 Construction company Christian Santana
Juncos (787) 720-0892 / (787) 731-6010
397/- Caribe Industrial Systems Inc. 6.30 5.70 10.53 18 1977 Packaging components W. Paul Gundry
Bayamón (787) 787-2474 / (787) 786-4660
398/- Hera Printing Corp. 6.20 5.50 12.73 52 1978 Commercial printer Luis I. García Robaina
Santurce (787) 723-8089 / (787) 725-0739
399/399 Delgado & Fernández LLC 6.15* 6.00* 2.50 36 1997 Law firm Alfredo Fernández Martínez
Río Piedras (787) 274-1414 / (787) 764-8241
400/- Fusionworks Inc. 6.10 5.00 22.00 45 2002 Information systems consulting firm Leslie Luciano Dávila
Santurce (787) 721-1039 / (787) 721-1034
* CARIBBEAN BUSINESS estimate
1. B. Fernández Holding Inc. (No. 11) includes subsidiary Pan Pepín Inc.
2. Cooperativa de Seguros Múltiples de P.R. (No. 23) includes subsidiary Real Legacy Assurance Co.
3. Matosantos Commercial Corp. (No. 48) includes subsidiary EuroCaribe Packing Company Inc.
4. Consolidated Waste Service Corp. & Affiliates (No. 60) is the parent company of Puerto Rico Waste Industries Inc.
5. St. James Security Services Inc. (No. 63) includes Ready & Responsible Security Inc.
6. Mister Price Inc./Belca Group (No. 66) includes subsidiary Helapan Inc.
7. MultiSystems Restaurants Inc. (No. 74) includes sister company Restaurants Operators Inc.
8. Madison Group (No. 289) includes subsidiary Blanco Vélez Stores Inc. and La Esquina Famosa Inc.
N/P - Not Provided
Bared & Sons Inc., ranked No. 352 last year, closed operations in June 2016.
Empresas Diaz, ranked No. 74 last year, merged with Puerto Rico Asphalt LLC in October 2016.
Hospital Lafayette, ranked No. 322 last year, is now managed by Hospital San Lucas, part of Servicios de Salud Episcopales Inc..
International Shipping Agency, ranked No. 149 last year, closed operations in June 2016.
If companies that are tied for a slot, the company with the larger number of employees precedes.
No. of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee)
Only Puerto Rico companies that are 51% or more locally owned qualify for inclusion on this list.
Revenue for insurance companies is defined as net premiums written plus income from other sources.
Unless otherwise noted, all information was obtained from the companies or from public documents.
Wherever applicable, total revenue includes figures for affiliates and subsidiaries.
Research by Marilda A. Quiñones del Castillo & Francis E. López del Toro.
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 55

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As Ranked by ®
100 FASTEST GROWING LOCALLY OWNED COMPANIES
(Listed According to Revenue Percent Growth)
Percent Company Name 2015 2014 Percent Company Name 2015 2014
Growth Revenue Revenue Growth Revenue Revenue
($ Millions) ($ Millions) ($ Millions) ($ Millions)
222.65% Right Way Environmental Contractors Inc. 11.68 3.62 11.94% De La Cruz Group Inc. 11.44 10.22
118.00% Antilles Power Depot 10.90 5.00 11.93% Volkswagen Kennedy (Euroclass Motors Inc.) 9.85 8.80
93.24% Máximo Solar Industries 20.00 10.35 11.79% Supermercado Plaza Guayama Inc. 12.42 11.11
84.62% San Juan Gas 12.00 6.50 11.39% Oldach Associates LLC 40.50 36.36
55.63% Desarrollos Metropolitanos LLC 30.52 19.61 11.30% Super Farmacia Vanga Inc. 11.23 10.09
55.06% Allied Car & Truck Rental Inc. 13.80 8.90 11.06% Puerto Rican Pizza Inc. 12.55 11.30
50.53% Standard Refrigeration Co. Inc. 14.30 9.50 11.00% Constructora Santiago II Corp. 33.30 30.00
50.39% First Medical Health Plan Inc. 882.74 586.96 10.69% Air Master Awning LLC 40.07 36.20
49.66% Vissepó & Diez Construction Corp. 8.92 5.96 10.53% Caribe Industrial Systems Inc. 6.30 5.70
40.57% Refrigerama Inc. 12.23 8.70 10.46% Luis Garratón LLC 99.35 89.94
40.14% New Energy Consultants & Contractors LLC 9.67 6.90 10.00% Universidad Central del Caribe 22.00 20.00
39.89% Caribbean Display & Construction Inc. 10.24 7.32 9.88% Systronics Inc. 12.12 11.03
39.25% Luis A. Ayala Colón Sucrs. Inc. 38.85 27.90 9.60% Caribe General Constructors Inc. 13.70 12.50
37.08% Bird Group LLC 19.78 14.43 9.43% Calesa Motors Inc. 42.22 38.58
37.01% Landscape Contractors & Designers LLC 9.18 6.70 9.31% Truenorth Corp. 31.70 29.00
36.95% Tamrio Inc. 20.20 14.75 9.26% Foam Pack of Puerto Rico Inc. 13.10 11.99
34.71% UltraPure Systems Inc. 46.57 34.57 9.25% Electric Service Corp. 11.81 10.81
34.19% Mentor Technical Group Corp. 40.39 30.10 8.66% A.M. Electric Inc. 7.40 6.81
33.33% Laboratorio Clínico y Referencia M. Landrón Inc. 10.00 7.50 8.54% Grand Store Corp. 12.71 11.71
33.33% Altol Environmental Services Inc. 8.00 6.00 8.51% Cadillac Uniform & Linen Supply LLC 22.94 21.14
30.20% Wah-Mey Enterprises Inc. 10.95 8.41 8.14% Ferraiuoli LLC 16.47 15.23
29.32% Cooperativa de Ahorro y Crédito 16.45 12.72 8.06% Cossma Inc. 30.03 27.79
Roosevelt Roads
7.98% Roger Electric Corp. 50.48 46.75
29.27% Autocentro Toyota (Autokirei Inc.) 77.34 59.83
7.97% Infomedika Inc. 11.38 10.54
29.15% 3A Press Corp. 8.95 6.93
7.59% Validation & Engineering Group Inc. 12.90 11.99
28.89% SM Electrical Contractors S.E. 7.63 5.92
7.40% Ranger American of P.R. Inc. 39.20 36.50
26.32% Prime Janitorial Service 12.00 9.50
7.21% Cooperativa de Ahorro y Crédito de Manatí 9.81 9.15
25.73% Scanner Overseas of P.R. Inc. 12.56 9.99
7.14% El Mesón Sandwiches (El Mesón de Felipe Inc.) 75.00 70.00
25.11% Triple-S Management Corp. 2,902.74 2,320.11
6.97% Maderera Donestévez Inc. 76.28 71.31
25.06% LT Automation Inc. 11.33 9.06
6.87% Liana Foods Inc. 9.80 9.17
24.03% West Corp. 18.22 14.69
6.67% Koper Furniture Inc. 16.00 15.00
23.03% Universal Solar Products Inc. 12.93 10.51
6.46% Fast Food Management Inc. 9.89 9.29
22.00% Fusionworks Inc. 6.10 5.00
6.25% Wholesale Electric Caribe Inc. 7.48 7.04
21.67% Industrias Feliciano Aluminum Inc. 16.00 13.15
6.23% Ballester Hermanos Inc. 290.00 273.00
21.37% BDO Puerto Rico PSC 15.90 13.10
6.17% Industria Lechera de P.R. Inc. (Indulac) 56.46 53.18
20.15% Caribbean Sign Supplies Manufacturers Inc. 16.16 13.45
5.73% Transporte Rodríguez Asfalto Inc. 12.00 11.35
19.15% Aireko Companies 164.90 138.40
5.73% United Surety & Indemnity Co. 25.85 24.45
18.78% CRB Caribe LLP 8.73 7.35
5.71% AutoGrupo 148.00 140.00
18.75% Liquilux Gas Corp. 19.00 16.00
5.69% Empresas Berríos Inc. 139.07 131.58
18.29% Priority RoRo Services Inc. 15.26 12.90
5.60% Novus Inc. 60.92 57.69
17.86% Capitol Security Police Inc. 33.00 28.00
5.45% CasAmerica International Inc. 37.91 35.95
17.10% Empire Gas Company Inc. 126.00 107.60
5.38% RSM Puerto Rico 12.92 12.26
16.31% Universal Group Inc. 491.22 422.35
5.29% Cooperativa de Seguros Múltiples de Puerto Rico 272.33 258.64
15.94% LPC & D Inc. 37.32 32.19
5.26% Marpor Corp. 25.82 24.53
15.43% Autos Vega Inc. 41.21 35.70
5.21% Bella Vista Hospital Inc. 55.76 53.00
14.32% Puerto Rico Steel Products Corp. 9.18 8.03
5.17% CaribEx Worldwide 61.00 58.00
14.04% Motor Sport Inc. 9.99 8.76
5.08% Universidad Carlos Albizu Inc. 25.87 24.62
13.71% Camioneros, Cooperativa de Transporte 14.60 12.84
de Carga 5.05% Cooperativa de Ahorro y Crédito de Arecibo 33.72 32.10

12.80% Puerto Rico Supplies Group Inc. 520.00 461.00 5.00% Olein Recovery Corp. 21.00 20.00

12.73% Hera Printing Corp. 6.20 5.50 Compiled from the 2016 Top 400 Locally Owned Companies chart.
Companies with estimated figures are not included in this chart.
12.50% Empresas de Gas Inc. 18.00 16.00 Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS
12.12% MultiSystems Restaurants Inc. & Sister Co. 71.80 64.04

56 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S TOP 10 WOMEN-OWNED BUSINESSES
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of Year Main Line of Business Company Owner/
Previous Telephone/Fax Gross Full-Time Established Co-Owner
Ranking Internet/Email Address Revenue $ Employees in P.R. Title
1/1 Metro Pavia Health System Inc. Maramar Plaza 520,483,084 4,956 1998 Hospital management Karen Artau Feliciano
(787) 620-9770 / (787) 620-9771 101 San Patricio Ave., Suite 950 President
www.metropavia.com Guaynabo 00968
2/2 Compañía Cervecera de P.R. Inc. 100 Alfonso Valdéz Blvd. 169,500,000 254 1937 Beer & malt manufacturer Camalia Valdés
(787) 834-1000 / (787) 265-7740 Mayagüez 00681 President
www.cerveceradepr.com
3/3 Caribbean Temporary Services LLC 1431 Ponce de León Ave. 60,000,000* 125 1983 Temporary & permanent Tere Durand Manzanal
(787) 620-5500 / (787) 620-0698 Suite 701 employment services President
www.ctspr.com Santurce 00907
4/4 MSSS Inc. 145-A F.D. Roosevelt Ave. 58,974,881 57 1982 Temporary & permanent Alma I. Acosta
(787) 758-7700 / (787) 758-8045 Hato Rey 00918 employment services Chairwoman/CEO
www.msssinc.com
5/5 Caguas Expressway Motors Inc. Hwy. 1, Km. 30.6 53,401,832 88 1968 Auto dealer Elba Méndez
(787) 641-4242 / (787) 653-3368 Caguas 00725 President
www.caguasexpressway.com
6/6 Borinquen Container Corp. Bo. Carrizales 48,000,000 195 1969 Packaging manufacturer Livette González
(787) 898-5000 / (787) 898-5079 800 El Mangotín St. CEO/President
www.borinquengroup.com Hatillo 00659
7/7 Laboratorio Clínico Borinquen Inc. 2 Baldorioty St. 45,706,558 505 1970 Clinical laboratory Delia M. Whitlock
(787) 743-0330 / (787) 744-1717 Caguas 00725 President
www.laboratoriosborinquen.com
8/8 Laboratorio Clínico Toledo Inc. 51 Palma St. 23,340,149 156 1988 Reference laboratory Ilia Toledo
(787) 880-0444 / (787) 680-7215 Arecibo 00612 President
www.laboratoriotoledo.com
9/9 Party City of P.R. Inc. 22 González Giusti St. 20,400,000* 142 1993 Party goods retailer Aileen M. Amieiro
(787) 781-0005 / (787) 781-3938 Guaynabo 00968 President
www.partycitypr.com
10/- CT Radiology Complex Inc. 1815 Hwy. 2 18,941,092 160 1977 Radiology imaging center Liana R. Medina
(787) 780-9069 / (787) 780-2121 Bayamón 00959 CEO
www.ctradiology.com
* CARIBBEAN BUSINESS estimate
Total revenue may include subsidiaries. Companies may share ownership with more than one person.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was obtained from the companies.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 57

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As Ranked by ®
PUERTO RICO’S LARGEST FAMILY-OWNED COMPANIES
(Listed According to 2015 Revenue)
Current/ Company Name 2015 No. of Year Main Line of Business Top Executive
Previous Location Revenue $ Full-Time Established Title
Ranking Employees in P.R.
1/1 First Medical Health Plan Inc. 882,744,784 672 1977 Health insurance company Francisco J. Artau
Guaynabo President
2/2 Metro Pavia Health System Inc. 520,483,084 4,956 1998 General hospital Karen Z. Artau
Guaynabo President
3/5 Puerto Rico Supplies Group Inc. 520,000,000 1,118 1945 Food, beverage & toiletry distributor Edwin Pérez
Bayamón President
4/4 Petrowest Inc. 518,000,000 53 1983 Petroleum products distributor Robin González
Hormigüeros CEO
5/3 V. Suárez & Co. Inc. 508,000,000 544 1943 Food & beverage distributor Diego Suárez Jr.
Bayamón CEO/President
6/8 Universal Group Inc. 491,224,202 1,167 1972 Insurance holding company Monique Miranda Merle
Guaynabo CEO/President
7/6 Droguería Betances Inc. 483,500,000 273 1962 Pharmaceutical products distributor Raúl Rodríguez
Caguas President
8/9 Plaza Provision Co. 410,000,000 520 1907 Food & beverage distributor Robert Cimino
Guaynabo CEO
9/10 B. Fernández Holding Co. Inc. 398,000,000 1,420 1888 Food & beverage distributor José Teixidor
Bayamón President
10/7 Bella Group 377,777,828 619 1963 Auto wholesaler & retailer Carlos A. López-Lay
San Juan CEO/President
11/11 Ralph’s Food Warehouse Inc. 355,000,000* 1,719 1993 Supermarket chain José R. Soto Soto
Las Piedras President
12/12 Empresas Fonalledas Inc. & Sister 345,000,000* 1,200 1890 Beverage manufacturer, shopping center Jaime Fonalledas
Companies & building administrator President
Hato Rey
13/13 Méndez & Co. Inc. 296,000,000 490 1912 Food & beverage distributor José Arturo Álvarez
Guaynabo CEO/President
14/15 Ballester Hermanos Inc. 290,000,000 401 1914 Food & beverage distributor Alejandro M. Ballester
Cataño President
15/14 Northwestern Selecta Inc. 284,000,000 350 1960 Food products distributor Elpidio Núñez III
San Juan President
16/16 Supermercados Mr. Special Inc. 282,014,685 1,101 1966 Supermarket chain Santos Alonso
Mayagüez President
17/17 South American Restaurants Corp. 208,000,000 2,484* 1978 Restaurant franchise operator Juan A. Larrea
(Sarco) President
Guaynabo
18/18 National Lumber & Hardware 205,000,000* 1,175* 1976 Hardware store chain Israel Kopel
Carolina President
19/19 GFR Media 175,000,000* 750 1970 Multimedia company Graciela Eleta
Guaynabo CEO
20/26 Doctors’ Center Hospital Inc. 173,000,000* 1,720* 1959 General hospital Carlos Blanco
Manatí CEO/President
21/21 José Santiago Inc. 170,000,000 350 1902 Food service distributor José E. Santiago
Bayamón Chairman/CEO
22/25 Compañía Cervecera de P.R. Inc. 169,500,000 254 1937 Beer & malt manufacturer Camalia Valdés
Mayagüez President
23/20 César Castillo Inc. 161,000,000 375 1942 Pharmaceutical & consumer José L. Castillo
Guaynabo products distributor President
24/22 Packers Provision (Trafon Group Inc.) 160,000,000* 204 1999 Food products distributor Carlos A. Trápaga
San Juan CEO/President
25/23 Tiendas Capri (J. Pica & Cia. Inc.) 154,745,000 775 1963 Discount department store Jorge C. Pica
San Juan President
26/24 Cabrera Inc. 132,720,000* 260 1954 Auto dealer Juan Colón Cabrera
Arecibo President
27/27 J.F. Montalvo Cash & Carry Inc. 128,000,000 290 1966 Food retail chain Héctor Montalvo
Guaynabo President
28/28 Wendco of Puerto Rico Inc. 126,169,925 2,041 1979 Fast food chain Jorge Colón Gerena
Santurce CEO/President
29/31 Empire Gas Company Inc. 126,000,000 310 1967 Gas products wholesaler Ramón González Jr.
San Juan President
30/30 Matosantos Commercial Corp. 125,000,000* 250 1968 Food & paper products manufacturer Manuel Matosantos
Guaynabo & distributor President
31/29 Gómez Hermanos Kennedy 120,485,833 127 1994 Auto dealer Víctor M. Gómez III
San Juan President
* CARIBBEAN BUSINESS estimate
Compiled from the Top 400 Locally Owned Companies.
Number of full-time employees includes part-time employees (every two part-time employees = one full-time employee).
Wherever applicable, total revenue includes figures for affiliates and subsidiaries.
Unless otherwise noted, all information was obtained from the companies or from public documents.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

58 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_58.indd 58 1/13/17 9:27:43 AM


Banking
& Finance
Auto Financing Companies 60

Commercial Banks 61

Credit Unions 62

Mortgage Companies 64

Small Business Lenders 65

Personal Finance Companies 65

Securities Brokerage Firms 66

SERVICIOS: ÁREA DE SEGUROS:


• Apoyo en litigación (LitigationSupport) • Auditoría de
• Planes estratégicos y de negocios reclamaciones
• Estudios de Viabilidad • Análisis de procesos y
• Programas de Manejo de Riesgos recuperación de pérdidas
• Auditorias de estados financieros y Sistemas de Información • Auditorías contra el Uso y
• Manuales de Políticas y Procedimientos Abuso de Fraude
• Investigaciones de Fraude • Auditoriá de
• Single Audits cumplimiento
• Contabilidad y asesoramiento a personas y negocios • Auditorías de Utilización
• Industrias: Gobierno, Cooperativas de Ahorro y Crédito, Banca, • Desarrollo de
Seguros, Manufactura y Servicios. aplicaciones
• “Outsourcing” de Auditoria Interna
jgonzalez@gtcpapr.com • www.gtcpapr.com • T. 787-993-4360 • Calle Bolivia 33 Suite 301 Hato Rey, P.R. 00917-2014

BOL_59.indd 59 1/27/17 9:53 AM


As Ranked by ®
PUERTO RICO’S LARGEST AUTO FINANCING COMPANIES
(Listed According to Total Dollar Value of Auto Loans Issued in 2015)
Current/ Company Name Physical Address Total $ Value Total $ Value No. of No. of Year Top Executive
Previous Telephone/Fax of Auto Loans of Auto Loans Full-Time Branches Established Title
Ranking Internet Address Issued in 2015 Portfolio Employees in P.R.
as of Dec. 2015
1/1 Reliable Financial Services Inc. Montehiedra Office Centre 676,975,221 1,799,411,000 424 3 1987 José Arbona
(787) 625-8000 / (787) 625-8075 9615 Los Romeros Ave. President
www.reliablefinancial.com Suite 1100
Río Piedras 00926
2/2 Popular Auto LLC 1901 Jesús T. Piñero Ave. 646,825,000 806,005,000 295 9 1989 Antolín Velasco
(787) 751-4848 / (787) 625-4785 San Juan 00920 President
www.popular.com/auto
3/3 FirstBank Puerto Rico 876 Muñoz Rivera Ave. 325,000,000* 884,406,000 120 2 1948 Carlos Power
(787) 782-2746 / (787) 282-2840 Río Piedras 00927 Executive Vice President
www.1firstbankpr.com/pr Consumer Lending
4/4 Oriental Auto El Cerezal Urb. 261,000,000 922,797,000 250 3 1964 Milagros Pérez González
(787) 771-6800 / (787) 777-7540 1738 Amarillo St. Executive Vice President
www.orientalbank.com Río Piedras 00926
5/5 Toyota Credit de Puerto Rico Corp. Parque Las Américas I 216,939,723 614,530,000 68 1 1998 Brett Beals
(787) 474-5800 / (787) 474-5889 235 Federico Costa Ave. General Manager
www.toyotafinancialpr.com Suite 501
Hato Rey 00918
6/6 Scotiabank de Puerto Rico 290 Jesús T. Piñero Ave. 150,000,000* 386,817,000 942* 21 1910 Denis Vaz
(787) 474-5252 / (787) 766-6724 Hato Rey 00918 CEO/President
www.scotiabankpr.com
* CARIBBEAN BUSINESS estimate
Dollar-value of auto loans portfolio was obtained from the Office of the Commissioner of Financial Institutions.
Figures don’t include leasing, lines of credit or other type of loan.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all other information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

60 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S COMMERCIAL BANKS
(Listed According to Total Assets as of June 30, 2016)
Current/ Institution Name Total Total Total Total No. of Year Top Executive
Previous Headquarters Physical Address Assets Loans & Leases Deposits Securities Branches Established Title
Ranking Telephone/Fax ($ Thousands) ($ Thousands) ($ Thousands) ($ Thousands) in P.R. in P.R. Internet Address
1/1 Banco Popular de Puerto Rico 27,750,000 16,350,000 22,550,000 5,673,000 173 1893 Richard L. Carrión
Popular Center Bldg. Chairman/CEO
209 Muñoz Rivera Ave. www.popular.com
Hato Rey 00918
(787) 765-9800 / (787) 759-7803
2/2 FirstBank Puerto Rico 9,637,071 6,693,878 7,044,919 432,419 49 1948 Aurelio Alemán
1519 Ponce de León Ave., Stop 23 CEO/President
Santurce 00908 www.1firstbank.com
(787) 729-8200 / (787) 725-8339
3/3 Oriental Bank 6,279,255 4,373,617 4,649,088 771,016 48 1964 José Rafael Fernández
Oriental Center CEO/President/Vice Chairman
254 Muñoz Rivera Ave. www.orientalbank.com
Hato Rey 00918
(787) 771-6800 / (787) 777-2854
4/4 Banco Santander Puerto Rico 5,270,258 3,751,618 4,314,068 232,107 35 1976 Fredy Molfino
207 Ponce de León Ave. CEO/President
Hato Rey 00918 www.santander.pr
(787) 759-7070 / (787) 767-7913
5/5 Scotiabank de Puerto Rico 4,348,846 3,221,410 3,178,434 380,445 21 1910 Denis Vaz
290 Jesús T. Piñero Ave. CEO/President
Hato Rey 00918 www.scotiabankpr.com
(787) 474-5252 / (787) 766-6724
6/6 Citibank N.A. Puerto Rico Branch 2,398,439 434,044 2,397,612 414,987 1 1918 Guillermo Gómez
Parque Las Américas 1, Suite 315 Citi Country Officer
235 Federico Costa St. www.citibank.com.pr
Hato Rey 00918
(787) 282-2201 / (787) 766-2045
7/7 Banco Cooperativo de Puerto Rico 502,446 149,505 412,676 16,172 1 1973 Ángel L. Sáez López
623 Ponce de León Ave. CEO/President
Hato Rey 00917 www.bancoop.com
(787) 641-2300 / (787) 753-2205
Figures are for Puerto Rico operations and were obtained from the Office of the Commissioner of Financial Institutions as of June 30, 2016.
All other information was provided by the financial institutions.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS
The World’s Citi is a service mark of Citigroup Inc.
© 2016 Citigroup Inc. Citi and Citi with Arc Design are registered service marks of Citigroup Inc.

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THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 61

BOL_61.indd 61 1/13/17 9:50:11 AM


As Ranked by ®
PUERTO RICO’S LARGEST CREDIT UNIONS
(Listed According to Total Assets as of June 30, 2016)
Current/ Institution Name Physical Address Total Total Total Total No. No. of Year Top Executive
Previous Telephone/Fax Assets $ Loans $ Deposits $ of Members Branches Est. Title
Ranking in P.R. in P.R. Internet Address
1/2 Cooperativa de Ahorro y Crédito 265 Capitán Abreu St. 588,883,643 291,498,323 457,831,388 99,097 13 1946 William Méndez Pagán
de Arecibo (CooPaca) Arecibo 00612 Executive President
(787) 878-2095 / (787) 879-4614 www.coopaca.com
2/1 Cooperativa de Ahorro y Crédito 5 Cambija St. 576,798,637 273,564,346 308,459,746 30,156 1 1955 Danilo Rosado Guillet
de Rincón Rincón 00677 Executive President
(787) 823-1515 / (787) 823-2738 www.cooprincon.com
3/5 Caribe Federal Credit Union 195 O’Neill St. 330,000,000 220,000,000 283,000,000 27,815 3 1951 Jorge M. Vadell
(787) 474-5151 / (787) 474-5148 Hato Rey 00918 General Manager
www.caribefederal.com
4/3 Cooperativa de Ahorro y Crédito Bo. Asomante 328,396,360 180,505,274 269,830,610 30,370 1 1948 Juan Figueroa Ruiz
de Aguada Rd. 115, Km. 24.6 Executive President
(787) 868-2115 / (787) 868-5095 Aguada 00602 www.coopaguada.com
5/4 Cooperativa de Ahorro y Crédito 21 Barbosa St. 305,459,012 162,250,870 172,041,493 35,451 3 1954 Luis A. Pérez Hernández
de Isabela Suite 1 CEO
(787) 872-2265 / (787) 872-2940 Isabela 00662 www.isabelacoop.com
6/6 Cooperativa de Ahorro y Crédito 61 Georgetti St. 286,630,665 138,839,851 202,426,226 35,579 7 1953 Rubén E. Morales Rivera
de Vega Alta (VegaCoop) Vega Alta 00692 Executive President
(787) 883-4360 / (787) 270-2973 www.vegacoop.com
7/7 Cooperativa de Ahorro y Crédito Busó Urb. 255,597,630 141,644,095 138,769,540 20,232 8 1954 Ángel Rodríguez Virella
Oriental Hwy. 3, Marginal St. Executive President
(787) 852-0964 / (787) 850-0605 Humacao 00791 www.cooporiental.com
8/9 Cooperativa de Ahorro y Crédito Rd. 198, Km. 22.2 251,748,850 130,313,306 126,219,103 53,614 7 1954 Gamalier Velázquez
Las Piedras Las Piedras 00771 Executive President
(787) 733-2821 / (787) 733-4100 www.cooplaspiedras.com
9/8 Cooperativa de Ahorro y Crédito de Belisa Urb. 233,303,402 86,783,036 135,174,470 7,308 3 1968 Isidro Caraballo Serra
Médicos y otros Profesionales 1512 Bori St. Executive President
de la Salud (MediCoop) Río Piedras 00926 www.medicooponline.com
(787) 763-8611 / (787) 763-8643
10/11 Cooperativa de Ahorro y Crédito de San Cristóbal Commercial Ctr. 200,788,248 126,558,863 135,970,280 17,806 4 1967 Miguel Ortiz Santos
Barranquitas (Credicentro-Coop) Rd. 156, Km. 17.1 Executive Vice President
(787) 857-3500 / (787) 857-3808 Barranquitas 00794 www.credicentrocoop.com
11/10 Cooperativa Zeno Gandía Villa Los Santos 191,048,562 66,436,088 143,964,083 24,014 4 1955 Erixson Gómez
(787) 815-2667 / (787) 878-5653 4 1st St., Suite 1 Executive President
Arecibo 00612 www.zenogandia.coop
12/12 Cooperativa de Ahorro y Crédito 300 Baltazar Jiménez 189,816,093 112,107,788 85,445,758 15,091 2 1954 Michelle Franqui Baquero
de Camuy Méndez Ave. Executive President
(787) 898-4970 / (787) 262-8356 Camuy 00627 www.camuycoop.com
13/13 Cooperativa de Ahorro y Crédito Hwy. 3, Km. 44.1 181,338,804 117,163,191 111,467,353 20,754 7 1952 Carlos R. Maldonado Rivera
Roosevelt Roads Fajardo 00738 Executive President
(787) 863-3045 / (787) 860-4050 www.cooprr.com
14/15 Cooperativa de Ahorro y Crédito Ávila Urb. 178,859,888 96,299,452 122,655,839 25,294 4 1956 Luisette Ayala
San Rafael de Quebradillas 1 Rafael Rodríguez Cañal St. Executive President
(787) 895-2050 / (787) 895-7217 Quebradillas 00678 www.sanrafael.coop
15/14 Puerto Rico Farm Credit 213 Domenech Ave. 173,057,000 168,523,000 - 520 1 1922 Ricardo L. Fernández
(787) 753-0579 / (787) 250-1646 Hato Rey 00918 CEO/President
www.prfarmcredit.com
16/16 Cooperativa de Ahorro y Crédito Rd. 901, Calimano Ave. 167,903,784 85,191,800 97,483,446 18,329 6 1963 Carlos A. Crespo
de Maunabo (MaunaCoop) Maunabo 00707 President
(787) 861-2240 / (787) 861-4750 www.maunacooppr.com
17/19 Cooperativa de Ahorro y Crédito 106 Degetau St. 153,121,722 87,201,868 92,141,540 23,279 3 1954 Ricky Berríos Figueroa
San José Aibonito 00705 Executive President
(787) 735-7474 / (787) 735-7444 www.coopsanjose.com
18/18 Cooperativa de Ahorro y Crédito 68 Paseo de las Atenas St. 152,503,775 105,875,648 124,048,547 17,349 4 1948 Cándido Rivera López
de Manatí Manatí 00674 Executive President
(787) 854-2214 / (787) 854-0046 www.coopmanati.com
19/17 Cabo Rojo Coop Bo. Miradero 149,473,450 90,846,521 96,638,842 15,420 3 1956 Kerwin Morales Rivera
(787) 851-1337 / (787) 851-1420 Rd. 100, Km. 7.0 Executive President
Cabo Rojo 00623 www.caborojocoop.com

Continues on page 63

62 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_62-63.indd 62 1/25/17 1:19:58 PM


As Ranked by ®

PUERTO RICO’S LARGEST CREDIT UNIONS


(Listed According to Total Assets as of June 30, 2016)
Current/ Institution Name Physical Address Total Total Total Total No. No. of Year Top Executive
Previous Telephone/Fax Assets $ Loans $ Deposits $ of Members Branches Est. Title
Ranking in P.R. in P.R. Internet Address
20/20 Cooperativa de Ahorro y Crédito de Los Patriotas Ave. 132,403,338 91,091,380 81,643,797 13,428 3 1954 José Marrero Torres
Lares y Región Central (Larcoop) Rd. 111, Km. 3.8 Executive President
(787) 897-2255 / (787) 897-7700 Lares 00669 www.larcoop.com
21/22 Cooperativa de Ahorro y Crédito 38 Bou St. 128,930,941 70,116,904 56,433,952 19,617 4 1959 Eddie Alicea
La Sagrada Familia Corozal 00783 Executive President
(787) 859-2650 / (787) 859-2557 www.sagradacoop.com
22/21 Cooperativa de Ahorro y Crédito Gregorio Padilla Bldg. 121,913,596 56,272,546 59,335,451 18,490 3 1958 Carmen Toledo
de Hatillo (Haticoop) 76 Pablo J. Aguilar Ave. Executive President
(787) 898-3260 / (787) 898-0050 Hatillo 00659 www.haticoop.com
23/23 Cooperativa de Ahorro y Crédito San Carlos Ave. & Comercio St. 115,488,225 65,443,691 95,205,969 15,146 3 1948 Sandra Laracuente
de Aguadilla Aguadilla 00603 Interim Executive President
(787) 891-1755 / (787) 891-6479 www.aguacoop.com
24/24 Cooperativa de Ahorro y Crédito Rds. 128 & 368 113,354,193 49,179,080 64,249,806 8,896 2 1958 Ramón Torres Matos
de Yauco Yauco 00698 Executive President
(787) 856-1820 / (787) 856-1224 www.yaucoop.net
25/27 Cooperativa de Ahorro y Crédito 8 Primo Delgado St. 104,003,750 59,614,761 50,410,481 8,028 2 1953 Miguel A. Jusino
de Adjuntas Adjuntas 00601 Executive President
(787) 829-3290 / (787) 829-0704 www.adjuntascoop.com
26/25 Cooperativa de Ahorro y Crédito 501 Ponce de León Ave. 98,057,147 71,161,913 35,058,977 11,472 6 1948 José I. Flecha Cruz
Asociación de Maestros de P.R. Hato Rey 00918 Executive President
(787) 754-7895 / (787) 250-8762 www.educoop.com.pr
27/28 Cooperativa de Ahorro y Crédito 113 Comercio & Hostos St. 97,860,870 60,513,210 58,407,000 15,420 1 1968 Gerardo Del Valle Candamo
de Juana Díaz Juana Díaz 00795 Executive President
(787) 837-2575 / (787) 837-6431 www.juanadiaz.coop
28/29 Cooperativa VillaCoop Agustín Rd. 149, Km. 58.1 94,696,535 71,271,820 67,460,647 8,431 1 1947 Wilson Ortiz Colón
Burgos Rivera Villalba 00766 Executive President
(787) 847-5640 / (787) 847-4057 www.villacoop.coop
29/30 Cooperativa de Ahorro y Crédito Bo. Guatemala 93,874,356 39,797,335 71,712,477 8,313 2 1948 Wilson Feliciano López
Pepiniana Rd. 111, Km. 17.9 Executive President
(787) 896-1544 / (787) 896-8800 San Sebastián 00685 www.cooperativapepiniana.com
30/26 Cooperativa de Ahorro y Crédito Macún Sector 92,339,021 30,976,356 72,763,014 12,336 2 1960 Luis R. López Román
Abraham Rosa Hwy. 2, Km. 17.7 Executive President
(787) 622-3055 / (787) 622-3067 Toa Baja 00949 www.arcoop.com
Number of branches include full and limited services branches. Research by Ana D. Ortiz
Dollar and credit union membership figures were provided by the Corporation for the Supervision and Insurance of Cooperatives in Puerto Rico (Cossec). Copyright © 2017 CARIBBEAN BUSINESS
All other information was provided by the credit unions or obtained from their websites.

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 63

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As Ranked by ®

PUERTO RICO’S LARGEST MORTGAGE COMPANIES


(Listed According to Volume of Residential Loans Closed in P.R. in Fiscal Year 2016)
Current/ Institution Name Physical Address Residential Mortgages Closed (by %) No. of No. of Year Top Executive
Previous Telephone/Fax Loans $ Closed Full-Time Branches Established Title
Ranking Internet Address in FY 2016 Employees in P.R. in P.R.

Conventional

Others
FHA

VA
1/1 Popular Mortgage 1901 Jesús T. Piñero Ave. 734,458,537 34% 8% 34% 24% 351 20 1998 Silvio López Rodríguez
(787) 707-7070 / Suite 910 Executive Vice President
www.popular.com San Juan 00920
2/2 First Mortgage 1130 Muñoz Rivera Ave. 523,761,453 34% 10% 42% 14% 230 49 2003 Luzmarie Vélez Miró
(787) 283-4100 / (787) 283-4142 2nd Floor Senior Vice President/
www.llamanosprimero.com Río Piedras 00927 Mortgage Director
3/3 Scotiabank 280 Jesús T. Piñero Ave. 280,839,215 32% 9% 40% 19% 289 20 1910 Ricardo Domenech
(787) 758-2424 / (787) 474-4830 Hato Rey 00918 Vice President
www.scotiabankpr.com Retail Banking
4/4 Oriental Mortgage Oriental Tower Bldg. 226,656,487 31% 8% 36% 25% 62 48 1964 José Rafael Fernández
(787) 620-0000 / 9th Floor CEO/President/
www.orientalbank.com 997 San Roberto Ave. Vice Chairman
Río Piedras 00926
5/5 The Money House Inc. 52 Paseo Covadonga St. 123,512,187 81% 7% 6% 6% 85 6 1997 David R. Levis
(787) 725-8000 / (787) 725-8025 San Juan 00901 CEO
www.moneyhousepr.com
6/- Sun West Mortgage Co. Inc. Maramar Bldg., Suite 1310 100,000,000 68% 20% 11% 1% 160 2 2011 Pavan Agarwal
(787) 786-9378 / 101 San Patricio Ave. CEO
www.swmc.com Guaynabo 00968
7/6 Banco Santander Puerto Rico 207 Ponce de León Ave. 87,551,223 16% 5% 78% 1% N/P 2 1982 Fred Molfino
(787) 274-7082 / (787) 777-4107 Hato Rey 00918 CEO
www.santander.pr
8/7 EMI Equity Mortgage Inc. 1651 Ponce de León Ave. 83,853,073 71% 9% 12% 8% 63 3 1985 Dimas E. Rodríguez
(787) 725-1072 / (787) 725-2609 Suite 102 President
www.equitym.com Santurce 00909
9/8 Preferred Mortgage Corp. 307 F.D. Roosevelt Ave. 61,785,226 85% 10% 5% - 50 2 1987 Carlos Saltz
(787) 641-5500 / (787) 641-5511 Hato Rey 00918 President
www.preferredmortgagepr.com
10/- R.F. Mortgage 1148 F.D. Roosevelt Ave. 60,000,000 51% 5% 32% 12% 33 1 1977 Acisclo Bou Ramírez
& Investment Corp. San Juan 00920 President
(787) 782-8255 / (787) 781-4137
www.rfmortgage.net
11/- FEMBI Mortgage 322 De Diego Ave. 41,200,000 47% 9% 21% 23% 36 1 1999 Yazmín Reyes
(787) 625-2525 / (787) 625-2561 Suite 201 Operations Vice President
www.fembi.com San Juan 00920
12/- Multi-Mortgage Corp. 400 Américo Miranda Ave. 34,910,539 30% 6% 64% - 24 1 2010 Carlos Gaztambide Janer
(787) 296-3333 / (787) 296-3423 Río Piedras 00927 President
www.multi-mortgage.com
13/9 Metro Island Mortgage Inc. Villa Nevárez Professional Center 31,779,859 82% 9% 9% - 14 1 1998 Freddy Zamora
(787) 765-0496 / (787) 705-7891 Suite 201 President
www.metroislandmortgage.com Río Piedras 00927
N/P - Not Provided
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Percentage figures are rounded numbers.
Residential loans closed in Puerto Rico are for fiscal year ending on June 30, 2016.
Unless otherwise noted, all information was provided by the companies or obtained from public documents.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

64 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_64.indd 64 1/13/17 10:31:58 AM


As Ranked by ®
PUERTO RICO’S LARGEST PERSONAL FINANCE COMPANIES
(Listed According to Outstanding Consumer Loan Balance as of March 31, 2016)
Current/ Institution Name Physical Address Consumer Total Interest No. of No. of Year Top Executive
Previous Telephone/Fax Loan Balance Assets Rates Branches Full-Time Established Title
Ranking Internet/Email Address ($ Thousands) ($ Thousands) in P.R. Employees in P.R.
1/1 Island Finance (Santander 207 Ponce de León Ave. 276,008 287,344 9.99%- 52 457 1959 Martín Pagani
Financial Services Inc.) Hato Rey 00918 45.90% Executive Director
(787) 777-4108 / (787) 777-4330
www.islandfinance.com
2/2 Money Express (First Federal 1519 Ponce de León Ave. 84,605 85,325 12.95%- 28 172 1995 Aurelio Alemán
Finance Corp.) Santurce 00908 36.95% CEO/President
(787) 729-8200 / (787) 729-8139
www.moneyexpresspr.com
3/3 Oasis Financial Services 47 Gautier Benítez Ave. 14,231 15,030 19.99%- 6 43 2014 Judith Fonseca
(FTL Finance P.R. LLC) Suite 5 39.99% Operations Director
(787) 743-4988 / (787) 746-5200 Caguas 00725
www.oasisfinancialservicespr.com
4/5 Crédito Familiar Financial City Tower II 2,163 2,990 29.99%- 1 16 2013 Gary Leonard
Services Inc. 250 Ponce de León Ave. 44.99% CEO
(787) 773-0333 / (787) 773-0333 Hato Rey 00918
www.creditofamiliarpr.com
5/- Plaza Finance Corp. 8 San Carlos Ave. 1,428 1,365 29.99%- 1 3 1979 Raúl Vega
(787) 891-5107 / (787) 891-5108 Aguadilla 00603 32.99% Manager
plazafinancecorp@gmail.com
Caribbean Finance (Caribbean Financial Group), ranked No. 4 last year, is currently operating as CommoLoCo.
Consumer loan balance of the new company as of March 31, 2016 was not available.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
All dollar figures correspond to Puerto Rico operations and were provided by the Office of the Commissioner of Financial Institutions.
All other information was provided by the companies or obtained from their websites.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

As Ranked by ®
PUERTO RICO’S LEADING SMALL BUSINESS LENDERS
(Listed According to Number of SBA Loans Approved from Oct. 1, 2015 - Sept. 30, 2016)
Current/ Lender Name Physical Address FY 2016 FY 2016 FY 2015 FY 2015 Top SBA Lending Executive
Previous Telephone/Fax No. of $ Amount No. of $ Amount Title
Ranking Internet Address Loans of Loans Loans of Loans
1/1 Banco Popular de P.R. 209 Muñoz Rivera Ave. 427 39,558,200 369 23,912,500 Luis Cestero
(787) 765-9800 / (787) 763-1102 4th Floor Senior Vice President/
www.popular.com Hato Rey 00918 Division Manager
2/2 Banco Santander de P.R. 207 Ponce de León Ave. 68 4,480,100 124 10,619,200 Juan Pablo Goycochea
(787) 777-4477 / (787) 785-5544 7th Floor Small Business Segment
www.santander.pr Hato Rey 00918 Subdirector
3/4 Corporación para el Fomento Económico 171 Carlos Chardón Ave. 27 8,938,000 29 11,556,000 Giovanna Piovanetti
de la Ciudad Capital (Cofeecc) * Suite 407 President
(787) 756-5080 / (787) 753-8960 Hato Rey 00918
www.cofecc.net
4/3 FirstBank Puerto Rico 1519 Ponce de León Ave. 24 11,660,800 39 3,264,300 Aysha Issa
(787) 729-8306 / (787) 729-8033 1st Floor Senior Vice President
www.firstbankpr.com Santurce 00908
5/6 Pymes Financial Partners Inc. American International Plaza 16 6,824,000 11 7,187,000 Pedro J. Pérez
(787) 765-1677 / (787) 766-0797 250 Muñoz Rivera Ave., Suite 1122 President
www.pymesfinancial.com Hato Rey 00918
6/5 Marketing Small Business Finance Corp. * City Tower Bldg. 15 4,470,000 14 5,000,000 Zoritsa Rivera Muñiz
(787) 641-0800 / (787) 765-0861 252 Ponce de León Ave., Suite 402 President
www.marketingsba.com Hato Rey 00919
7/7 Puerto Rico Business Development Corp. * 1509 F.D. Roosevelt Ave. 7 1,323,000 10 1,425,000 Nélida Adorno
(787) 753-5786 / (787) 773-1016 Suite 308 Executive Director
www.prbdc.com Guaynabo 00968
* Certified Development Company (504). Nonprofit corporation that acts as an intermediary to obtain SBA loans for qualifying customers.
Unless otherwise noted, all information was provided by the U.S. Small Business Administration and the companies.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

¡Saciamos tu necesidad!
Tenemos el dinero que necesitas para tus compras
Arecibo 787-878-1333
* Te prestamos hasta Bayamón
Caguas
787-785-9292
787-743-4988

$5,000.00 Carolina
Mayagüez
787-876-4646
787-834-1900
con intereses desde 21.99% A.P.R. Ponce 787-843-8383

*Sujeto a aprobación de crédito al someter todos los documentos requeridos para el desembolso y que el préstamo sea aprobado. Ejemplos de pagos mensual para préstamo
de Oasis Financial Services al 21.99% A.P.R. $5,000 a 60 meses $158.68, $3,000 a 48 meses $106.26. Otras tasas de intereses puede aplicar de no cualificar. Seguro de crédito
es opcional y no es requisito para la aprobación del crédito. Oferta válida en préstamos desembolsados en o antes del 31 de diciembre del 2016. Oasis Financial Services es
subsidiaria de FTL Finance P.R. LLC OFIC. Lic #PPP025.

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 65

BOL_65.indd 65 1/26/17 5:39:05 PM


As Ranked by ®
PUERTO RICO’S LARGEST SECURITIES BROKERAGE FIRMS
(Listed According to Total Customer Assets under Management as of June 2016)
Current/ Company Name Total Customer No. of Services Provided Year Top Executive
Previous Physical Address Assets $ under Brokers Established Title
Ranking Management in P.R. Telephone/Fax
Internet Address
1/1 UBS Financial Services Inc. of P.R. 7,656,303,000 50* Financial planning, money management, corporate & 1965 Carlos V. Ubiñas
American International Plaza public financing, retail & institutional brokerage, mergers/ CEO
250 Muñoz Rivera Ave., PH acquisitions (787) 250-3600 / (787) 250-2360
Hato Rey 00918 www.ubs.com
2/2 Merrill Lynch 4,755,074,208 45 Financial planning, money management, corporate 1941 Héctor Laffitte
Metro Office Park, 15 2nd St. financing, online trading, mergers/acquisitions, retail & Vice President/Resident Director
Millenium Park Plaza, Suite 210 institutional brokerage (787) 294-3400 / (866) 712-8409
Guaynabo 00968 www.ml.com
3/3 Popular Securities LLC 4,096,102,000 40 Financial planning, online trading, retail & institutional 1995 Gregory Kaufman
208 Ponce de León Ave., Suite 1200 brokerage, corporate & public financing, money President
Hato Rey 00918 management, mergers/acquisitions (787) 758-7400 / (787) 766-6602
www.popularone.com
4/4 Santander Securities LLC 2,647,808,000 15 Financial planning, money management, retail & 1997 Rafael Colón Ascar
207 Ponce de León Ave., 4th Floor institutional brokerage, corporate financing Managing Director
Hato Rey 00917 (787) 759-5330 / (787) 759-5366
www.santandersecurities.com
5/5 Oriental Financial Services Corp. 2,246,246,000 30 Financial planning, money management, retail & 1993 Sean Miles
997 San Roberto St., 9th Floor institutional brokerage, public financing, retirement plans President
Río Piedras 00926 (787) 522-6971 / (787) 474-1997
www.orientalbank.com
6/6 Charles Schwab & Co. Inc. 1,019,247,390 2 Financial planning, online trading retail brokerage, money 1995 Francisco J. Vivas
250 Muñoz Rivera Ave., Suite 104 management, banking, wealth management Vice President/Branch Manager
Hato Rey 00918 (787) 281-2295 / (787) 281-2294
www.schwab.com
7/8 Raymond James Financial Services Inc. 151,719,361 3 Financial planning, money management, online trading, life 1998 Ramón Dana
409 Del Parque St., 3rd Floor insurance Branch Manager
Santurce 00912 (787) 725-6400 / (787) 725-8195
www.raymondjames.com
8/7 Samuel A. Ramírez & Co. 147,070,000 2 Financial planning, money management, public & 1997 José Erazo
MCS Plaza corporate financing, municipal securities, retail & Managing Director
255 Ponce de León Ave., Suite 106 institutional brokerage, mergers/acquisitions (787) 759-8080 / (787) 753-4071
Hato Rey 00917 www.ramirezco.com
9/- Aegis Capital Corp. 99,973,000 8 Financial planning, money management, corporate 2015 Jorge Bravo
Montehiedra Office Centre financing, mergers/acquisitions, retail & institutional Branch Manager
9615 Los Romero Ave., Suite 315 brokerage (787) 705-4950 / (787) 698-7975
Río Piedras 00926 www.bravobravoretirement.com
10/9 RD Capital Group Inc. 63,434,000 3 Financial planning, corporate financing, retail & 1994 Ramón Domínguez
MCS Plaza institutional brokerage, mergers/adquisitions CEO
255 Ponce de León Ave., Suite 305 (787) 282-0303 / (787) 282-0356
Hato Rey 00917 www.rdcap.com
* CARIBBEAN BUSINESS estimate
All dollar figures are for Puerto Rico operations and were obtained from the Office of the Commissioner of Financial Institutions.
All other information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

66 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_66.indd 66 1/13/17 10:40:41 AM


Communications
& Media
AM Radio Networks 68

TV Stations 68

FM Radio Stations 69

Newspapers-Daily 70

Newspapers-Weekly 70

Cellphone Users Worldwide 71

Fixed Telephone Users Worldwide 71

Cellular Network Communications Carriers 72

Long-Distance Telephone Companies 72

Telecommunications Companies 74

BOL_67.indd 67 1/27/17 10:01 AM


As Ranked by ®
PUERTO RICO’S LEADING AM RADIO NETWORKS
(Listed According to Average Percentage Audience Share in Spring 2016)
Current/ Radio Station Name Physical Address Spring Year FCC License Station & Affiliates Identification Top Executive
Previous Network Company Name 2016 Was Granted Title
Ranking Telephone/Fax Average
Internet Address % Share
1/1 WKAQ 580 AM 64 Carazo St. 6.0 2004 WKAQ 580 KHz San Juan Jaime Bauzá
Univisión Communications Inc. Guaynabo 00969 WUKQ 1420 KHz Ponce Senior Vice President/
(787) 758-5800 / WYEL 600 KHz Mayagüez General Manager
www.wkaq580.com
2/2 NotiUno El Cerezal Urb. 5.5 1998 WUNO 630 KHz San Juan Luis Soto
Uno Radio Group 1581 Ponce de León Ave. WPRP 910 KHz Ponce President
(787) 773-7474 / (787) 758-1410 Río Piedras 00926 WORA 760 KHz Mayagüez
www.notiuno.com WCMN 1280 KHz Arecibo
3/3 Radio Isla 1320 AM * 171 Carlos Chardón Ave. 1.7 2014 WSKN 1320 KHz San Juan Eduardo Rivero Albino
Media Power Group Inc. Suite 401 WDEP 1490 KHz Ponce President
(787) 292-1700 / (787) 292-1717 Hato Rey 00918 WLEY 1080 KHz Cayey
www.radioisla.tv WKFE 1550 KHz Yauco
WKJB 710 KHz Mayagüez
4/4 WAPA Radio San Agustín Ext. 0.8 1991 WAPA 680 KHz San Juan Wifredo G. Blanco Pi
WAPA Radio Network 1210 3rd St. WA2XPA 680 KHz Arecibo Owner
(787) 763-1066 / (787) 763-4195 Río Piedras 00926 WISO 1260 KHz Ponce
www.waparadiopr.com WI2XSO 1260 KHz Mayagüez
WI3XSO 1260 KHz Aguadilla
WGYA 1590 KHz Guayama
WMTI 1580 KHz Morovis-Manatí
5/5 WIAC 740 AM Luchetti Ind. Park 0.5 1948 WIAC 740 KHz San Juan/Ponce Luis Alan Mejía
(787) 620-9898 / (787) 620-0728 Alan Mejía St. & De Diego Ave. WYAC 930 KHz Cabo Rojo/Mayagüez President
www.wiac740.com Bayamón 00956 WISA 1390 KHz Isabela/Arecibo
* Other affiliates include WGDL 1200 KHz, WLRP 1460 KHz, WMSW 1120 KHz and WALO 1240 KHz.
Audience share covers Puerto Rico (Metro Survey Area), Mon.-Sun., 6 a.m.-12 midnight, adults age 12+ .
Stations that have received credit for five or more minutes of listening in at least 10 in-tab diaries in the survey area, qualify according to Nielsen’s standards.
Source for audience share: Nielsen
Unless otherwise noted, all information was provided by the networks.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

As Ranked by ®

PUERTO RICO’S MAIN TV STATIONS


(Listed According to Average Percentage Audience Share from January to September 2016)
Ranking Station Name Affiliates Physical Address Jan.-Sept. 2016 Jan.-Oct. 2015 Jan.-Sept. 2016 Top Executive
Call Sign/Channel Mon. - Sun. Mon. - Sun. Prime Time % Share (6-10 p.m) Title
Telephone/Fax % Share Rating % Share Rating Mon.-Fri. Saturday Sunday Internet Address

1 Wapa TV WTIN-TV CH 14 Villa Caparra 32.0 9.6 28.8 8.8 36.7 24.1 27.0 José E. Ramos
WAPA-TV / CH 4 WNJX-TV CH 22 1175 Luis Vigoreaux Ave. President
(787) 792-4444 / (787) 625-4445 Guaynabo 00966 www.wapa.tv
2 Telemundo Puerto Rico WORA-TV CH 5 383 F.D. Roosevelt Ave. 24.6 7.4 22.2 6.8 28.1 19.2 25.4 José Cancela
WKAQ-TV / CH 2 Hato Rey 00918 President/General Manager
(787) 641-2222 / (787) 641-2187 www.telemundopr.com
3 Univisión Puerto Rico WSUR-TV CH 9 64 Carazo St. 9.0 2.7 11.3 3.4 9.9 9.6 11.7 Jaime Bauzá
WLII-TV / CH 11 WOLE-TV CH 12 Guaynabo 00969 General Manager
(787) 300-5000 / (787) 300-5003 www.univisionpr.com
4 Wapa 2 Deportes - Villa Caparra 1.7 0.5 1.8 0.5 2.4 3.1 2.7 José E. Ramos
WAPA-TV / CH 4.2 1175 Luis Vigoreaux Ave. President
(787) 792-4444 / (787) 625-4445 Guaynabo 00966 www.wapa.tv
5 WIPR TV * WIPM-TV CH 3 Baldrich Urb. 1.3 0.4 1.4 0.4 1.6 1.7 2.0 Cecille Blondet
WIPR-TV / CH 6 570 Hostos Ave. President
(787) 766-0505 / Hato Rey 00918 www.wipr.pr
6 Sistema TV ** WQTO-TV CH 26 Ana G. Méndez Ave. 0.6 0.2 1.3 0.4 0.9 0.7 0.7 Margarita T. Millán
WMTJ-TV / CH 40 Rd. 176, Km. 0.3 Vice President/
(787) 766-2600 / (787) 250-8546 Río Piedras 00928 General Manager
www.sistematv.com
7 Tele-Isla - 64 Carazo St. 0.5 0.2 0.6 0.2 0.3 0.4 0.4 Jaime Bauzá
WSTE-TV / CH 7 Guaynabo 00969 General Manager
(787) 300-5000 / (787) 300-5003 www.univisionpr.com
* Puerto Rico Public Broadcasting Corp.
** Ana G. Méndez University System Inc. channel
Percentage Audience Share is from Monday-Sunday, average quarter-hour viewing, 24 hours, during the months of January to September 2016.
Unless otherwise noted, all information was provided by the TV stations. Ratings and percentage share figures were provided by Nielsen.
Channel rating is calculated on the basis of TV channel viewing during those quarter hours when the
TV channel is on-air. Station ratings could add up to a number greater than the total audience due to multi-set viewing
households that viewed the station during all quarter hours of a defined on-air time period. Station shares could add up
to a number greater than 100% also due to multi-set viewing for different channels in the same TV households.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

68 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LEADING FM RADIO STATIONS


(Listed According to Average Percentage Audience Share in Spring 2016)
Current/ Radio Station Name Physical Address Spring Format Station & Affiliates Identification Year FCC Top Executive
Previous Network Company Name 2016 License Was Title
Ranking Telephone/Fax Average Granted
Internet/Email Address % Share
1/1 KQ 105 64 Carazo St. 7.4 Variety WKAQ 104.7 MHz San Juan 1971 Jaime Bauzá
Univisión Communications Inc. Guaynabo 00969 WUKQ 98.7 MHz Mayagüez Senior Vice President/
(787) 758-1105 / General Manager
www.kq105.com
2/2 La Zeta Amelia Ind. Park 6.4 Spanish Tropical WZNT 93.7 MHz San Juan 2003 Sixto Pabón
Spanish Broadcasting System Inc. 42 Frances St. WZMT 93.3 MHz Ponce Operations
(787) 622-9700 / (787) 622-9484 Guaynabo 00968 WZET 92.1 MHz Mayagüez Vice President
www.zeta93.fm
3/4 La Mega Amelia Ind. Park 6.2 Top 40 & Talk FM WMEG 106.9 MHz San Juan 1984 Sixto Pabón
Spanish Broadcasting System Inc. 42 Frances St. WEGM 95.1 MHz Mayagüez Operations
(787) 622-9700 / (787) 622-9484 Guaynabo 00968 Vice President
www.lamega.fm
4/3 Salsoul El Cerezal Urb. 6.0 Spanish Tropical, WPRM 99.1 MHz San Juan 1998 Luis Soto
Uno Radio Group 1581 Ponce de León Ave. Personality Driven WRIO 101.1 MHz Ponce President
(787) 773-7474 / (787) 758-1410 Río Piedras 00926 WIVA 100.3 MHz Mayagüez
www.salsoul.com
5/5 La Nueva 94 Amelia Ind. Park 5.7 Latino Urban WODA 94.7 MHz San Juan 2002 Sixto Pabón
Spanish Broadcasting System Inc. 42 Frances St. WNOD 94.1 MHz Mayagüez Operations
(787) 622-9700 / (787) 622-9484 Guaynabo 00968 Vice President
www.lanueva94.com
6/6 Hot 102 El Cerezal Urb. 3.9 Rhythmic WTOK 102.5 MHz San Juan 2004 Luis Soto
Uno Radio Group 1581 Ponce de León Ave. Comtemporary Hit WCMN 107.3 MHz Arecibo President
(787) 773-7474 / (787) 758-1410 Río Piedras 00926 WMIO 102.3 MHz Mayagüez
www.hot102pr.com
7/8 Magic 1606 Ponce de León Ave. 3.2 Adult Contemporary WOYE 97.3 MHz San Juan 1974 Joshua Arzuaga
AA Broadcast Inc. Suite 1100 PH & Oldies WIDI 99.5 MHz Quebradillas CEO/Program Director
(787) 722-0973 / Santurce 00909
www.magic973.com
8/7 La X Bo. Guaraguao 3.1 Rhythmic WXYX 100.7 MHz San Juan 1972 Roberto Dávila
RAAD Broadcasting Corp. Rd. 174, Km. 5.0 Contemporary Hit WXLX 103.7 MHz Cabo Rojo President/
(787) 785-9390 / (787) 785-9377 Bayamón 00956 WELX 101.5 MHz Isabela General Manager
www.lax.fm WXHD 98.1 MHz Ponce
9/9 Fidelity El Cerezal Urb. 2.9 Adult Contemporary WFID 95.7 MHz San Juan 1998 Luis Soto
Uno Radio Group 1581 Ponce de León Ave. WZAR 101.9 MHz Ponce President
(787) 773-7474 / (787) 758-1410 Río Piedras 00926 WFDT 105.5 MHz Mayagüez
www.fidelitypr.com
9/10 Nueva Vida Hwy. 1, Km. 25.2 2.9 Contemporary WNVM 97.7 MHz San Juan 1975 Juan Carlos Matos
New Life Broadcasting Inc. Río Piedras 00926 Christian WZNA 104.5 MHz Mayagüez President
(787) 993-9706 / (787) 993-9706 WNVE 101.7 MHz Ceiba-Fajardo
www.nuevavida.fm
11/12 Oro 92.5 Roosevelt Urb. 2.7 Easy Listening WORO 92.5 MHz San Juan 1968 Alan Corales
Arquidiócesis de San Juan de P.R. 415 Carbonell St. General Manager
(787) 300-4980 / (787) 758-9967 Hato Rey 00918
acorales@radioorofm.com
12/11 Estereotempo Amelia Ind. Park 2.4 Adult Contemporary WRXD MHz Fajardo-San Juan 1995 Sixto Pabón
Spanish Broadcasting System Inc. 42 Frances St. WIOB 97.5 MHz Mayagüez Operations
(787) 622-9700 / (787) 622-9484 Guaynabo 00968 Vice President
www.estereotempo.fm
13/14 Dimensión 103 Rd. 789, Km. 7.0 2.0 Pop Latino & WVJP 103.3 MHz Caguas 1947 Bienvenido Rodríguez
Borinquen Broadcasting Inc. Caguas 00726 Spanish Tropical WDIN 102.9 MHz Camuy General Manager
(787) 743-5790 / (787) 746-6996
www.dimension103fm.com
14/13 Fresh 1554 Bori St. 1.7 English Pop WIOA 99.9 MHz San Juan 2014 Ángel Román
International Broadcasting Corp. Río Piedras 00927 WIOC 105.1 MHz Ponce President
(787) 274-1800 /
www.fresh999fm.com
15/- Alfa Rock 1667 Fernández Juncos Ave. 1.3 Rock WCAD 105.7 MHz San Juan 1978 Ralph Pérez Ramírez
B.P.S. of Puerto Rico Inc. Santurce 00910 General Manager
(787) 726-6144 / (787) 268-3313
www.alfarock.com
Audience share covers Puerto Rico, Mon.-Sun., 6 a.m.-12 midnight, adults age 12+.
Stations that have received credit for five or more minutes of listening in at least 10 in-tab diaries in the survey area, qualify according to Nielsen’s standards.
Statistical source for audience share: Nielsen
Unless otherwise noted, all information was provided by the networks.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 69

BOL_69.indd 69 1/13/17 1:55:37 PM


As Ranked by ®
PUERTO RICO’S LARGEST WEEKLY NEWSPAPERS
(Listed According to Number of Full-Time Employees as of March 2016)
Current/ Newspaper Physical Address No. of Rates Year Top Executive
Previous Telephone/Fax Full-Time (per col. inch) Established Title
Ranking Internet Address Employees in P.R.
R.O.P. Classifieds
1/1 CARIBBEAN BUSINESS 1700 Fernández Juncos Ave. 84 * N/A 1973 Heiko Faass
(787) 728-3000 / (787) 641-3551 San Juan 00909 CEO/Editor in Chief
www.cb.pr
2/3 Editorial Semana Inc. 21 Ponce de León St. 26 $25.00 $14.00 1963 José A. Martínez
(787) 743-3346 / (787) 743-5100 Caguas 00725 Operations Manager
www.lasemana.com
3/2 La Perla del Sur Sabanetas Ind. Park 18 $28.00 $10.00 1982 Lucille De Jesús
(787) 842-5866 / (787) 842-5823 Lot 236 Manager
www.periodicolaperla.com Ponce 00715
4/4 El Oriental 36 Cruz Ortiz Stella St. 17 $23.00 $10.00 1978 Vicente Pierantoni
(787) 850-4500 / (787) 285-1505 Humacao 00791 President
www.elorientalpr.net
5/5 Periódico El Expresso de Puerto Rico Bo. Media Luna 16 $22.00 $10.00 1995 Ángel R. Fret
(787) 794-2000 / (787) 794-2273 Rd. 854, Km. 4.1 President
www.elexpresso.com Toa Baja 00949
6/6 Periódico El Todo Flamboyán Gardens Urb. 15 $28.00 $18.00 1972 Benjamín Rodríguez
(787) 787-6011 / (787) 740-0022 S5 17th St. President
www.periodicoeltodo.com Bayamón 00959
7/8 El Visitante de Puerto Rico 1704 Pumarada St. 12 $25.00 N/A 1974 Enrique López López
(787) 728-3710 / (787) 268-1748 Santurce 00909 Director
www.elvisitantepr.com
8/6 El Nuevo Periódico de Caguas 100 Goyco St. 10 $23.00 $12.00 2009 Quintín Rivera Segarra
(787) 744-7474 / (787) 745-2288 Caguas 00725 President/Director
www.elperiodicopr.com
9/9 Claridad Santa Rita Urb. 7 $10.00 $10.00 1959 Alida Millán Ferrer
(787) 777-0534 / (787) 777-0537 57 Borinqueña St. Director
www.claridadpuertorico.com Río Piedras 00925
9/9 Periódico La Cordillera Campo Bello Urb. 7 $16.00 $12.00 1992 María Pagán
(787) 739-3094 / (787) 739-1854 A9 Lirios St. President
www.lacordillera.net Cidra 00739
9/11 Periódico Visión 178 Ramón E. Betances St. 7 $30.00 $20.00 1985 Feizal Marrero
(787) 834-6829 / Mayagüez 00680 President
www.periodicovision.com
12/- De Todo 4SS9 Fidalgo Díaz Ave. 6 $20.00 $10.00 1978 Leroy Camero
(787) 946-8636 / (787) 946-8635 Carolina 00983 President
www.detodopr.com
12/11 Periódico El Regional de Guayama 22 McArthur St. 6 $23.00 $10.00 2000 Vicente Pierantoni
(787) 850-5538 / (787) 864-7444 Guayama 00784 President
www.elregionalpr.com
14/- Presencia Jardines de Country Club 5 $24.00 $8.00 2013 Pedro Ortiz
(787) 946-1391 / (787) 946-1342 BM31 Galicia Ave. President
www.presenciapr.com Carolina 00983
* Advertising rate is per ad size starting at $558 for a full-color 1/8 page ad. Frequency discounts may apply.
N/A - Not Applicable
R.O.P. - Run of paper/run of press is any regular newsprint advertisement.
Check with each newpaper for offers.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the newspapers.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

As Ranked by ®

PUERTO RICO’S DAILY NEWSPAPERS


(Listed According to Total Average Print Circulation as of December 2015)
Current/ Newspaper Physical Address Total Average Circulation Advertising Rates * Year Top Executive
Previous Telephone/Fax Established Title
Ranking Internet Address Mon.-Fri. Saturday Sunday R.O.P. Classifieds in P.R.
1/1 El Nuevo Día Amelia Ind. Park 161,652 152,445 185,037 $320- $42- 1970 María L. Ferré Rangel
(787) 641-8000 / (787) 641-3900 Rd. 165, Lots 11 & 12 $8,474 $8,772 Editor
www.elnuevodia.com Guaynabo 00968
2/2 El Vocero de Puerto Rico 1064 Ponce de León Ave. 154,280 - - $304- $104- 1974 Salvador Hasbún
(787) 721-2300 / (787) 722-4223 2nd Floor $7,830 $10,920 President
www.elvocero.com Santurce 00907
3/4 Metro Puerto Rico LLC School of Fine Arts Bldg. 133,000 - - $450- - 2012 Félix Caraballo
(787) 705-0920 / (787) 705-0926 64 José R. Carazo St., 1st. Floor $44,928 CEO/Managing Director
www.metro.pr Guaynabo 00969
4/3 Índice Amelia Ind. Park 80,420 - - $215- - 2012 María L. Ferré Rangel
(787) 641-8000 / (787) 641-3900 Rd. 165, Lots 11 & 12 $3,600 Editor
www.indicepr.com Guaynabo 00968
5/5 Primera Hora Amelia Ind. Park 80,053 68,148 - $192- $43- 1997 María L. Ferré Rangel
(787) 641-8000 / (787) 641-3900 Rd. 165, Lots 11 & 12 $4,944 $8,772 Editor
www.primerahora.com Guaynabo 00968
* Advertising rates shows the cost range per ad. Check with each newspaper for special offers.
R.O.P. - Run of paper/run of press is any regular newsprint advertisement.
Unless otherwise noted, all information was provided by the newspapers or obtained from their websites.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

70 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_70.indd 70 1/13/17 10:49:03 AM


As Ranked by ® As Ranked by ®

TOP CELLPHONE TOP FIXED TELEPHONE


USERS WORLDWIDE USERS WORLDWIDE
(Listed According to Number of Cellphone Subscribers in 2015) (Listed According to Number of Fixed Telephone Subscribers in 2015)
Ranking Country Name Number of Cellphone Number of Cellphone Percent Ranking Country Name Number of Telephone Number of Telephone Percent
Subscribers in 2015 Subscribers in 2014 Change Subscribers in 2015 Subscribers in 2014 Change
1 China 1,305,738,000 1,286,093,000 1.53 1 China 230,996,000 249,430,000 -7.39
2 India 1,011,054,000 944,008,677 7.10 2 United States 121,991,000 128,495,000 -5.06
3 United States 382,307,000 355,500,000 7.54 3 Japan 63,633,050 63,610,245 0.04
4 Indonesia 338,426,000 325,582,819 3.94 4 Germany 45,352,000 47,021,000 -3.55
5 Brazil 257,814,274 280,728,796 -8.16 5 Brazil 43,677,141 44,128,188 -1.02
6 Russian Federation 227,288,088 221,030,353 2.83 6 France 38,929,000 38,805,000 0.32
7 Japan 158,590,702 152,695,677 3.86 7 Russian Federation 36,524,978 38,212,576 -4.42
8 Nigeria 150,830,089 138,960,320 8.54 8 United Kingdom 33,613,000 33,238,083 1.13
9 Bangladesh 133,720,410 126,866,091 5.40 9 Iran 30,418,973 29,376,105 3.55
10 Pakistan 125,899,638 135,762,031 -7.26 10 Korea, Republic 28,882,783 29,481,226 -2.03
11 Viet Nam 122,000,000 136,148,124 -10.39 11 India 25,518,000 27,000,105 -5.49
12 Philippines 120,255,000 111,326,045 8.02 12 Indonesia 22,386,000 26,224,974 -14.64
13 Mexico 106,831,487 104,798,294 1.94 13 Italy 20,236,305 20,581,426 -1.68
14 Germany 96,360,000 99,530,000 -3.18 14 Mexico 19,886,949 19,145,837 3.87
15 Egypt 94,016,152 95,316,034 -1.36 15 Spain 19,180,192 19,378,451 -1.02
16 Italy 92,519,500 94,226,354 -1.81 16 Canada 15,902,000 16,403,600 -3.06
17 South Africa 85,197,164 79,280,731 7.46 17 Taiwan, Province 13,916,334 14,044,599 -0.91
of China
18 Thailand 84,797,000 97,096,000 -12.67
18 Turkey 11,493,057 12,528,865 -8.27
19 United Kingdom 80,284,187 78,460,684 2.32
19 Argentina 10,119,920 9,822,465 3.03
20 Iran 74,218,815 68,891,151 7.73
20 Ukraine 9,113,061 10,461,083 -12.89
21 Turkey 73,639,261 71,888,416 2.44
21 Australia 9,080,000 9,190,000 -1.20
22 France 66,681,000 65,425,000 1.92
22 Venezuela 7,780,096 7,808,524 -0.36
23 Ukraine 60,720,073 61,170,229 -0.74
23 Colombia 7,109,254 7,180,937 -1.00
24 Argentina 60,664,208 61,234,216 -0.93
24 Netherlands 6,951,528 6,946,000 0.08
25 Korea, Republic 58,935,081 57,290,356 2.87
25 Egypt 6,235,133 6,315,915 -1.28
26 Colombia 57,327,470 55,330,272 3.61
26 Viet Nam 5,900,000 5,562,200 6.07
27 Poland 56,838,000 56,905,306 -0.12
27 Thailand 5,309,000 5,690,000 -6.70
28 Saudi Arabia 52,796,066 52,735,000 0.12
28 Greece 5,177,090 5,219,341 -0.81
29 Spain 50,925,523 50,806,251 0.23
29 Portugal 4,682,997 4,588,563 2.06
30 Algeria 45,928,449 43,298,174 6.07
30 Belarus 4,540,678 4,514,315 0.58
31 Malaysia 44,110,998 44,928,600 -1.82
31 Belgium 4,488,711 4,532,475 -0.97
32 Morocco 43,079,696 44,114,534 -2.35
32 Malaysia 4,394,559 4,410,200 -0.35
33 Ethiopia 42,311,629 30,490,000 38.77
33 Hong Kong, 4,327,286 4,417,856 -2.05
34 Myanmar 41,529,282 29,029,342 43.06 China
35 Tanzania 39,665,600 31,862,656 24.49 34 Romania 4,270,000 4,560,000 -6.36
36 Congo, Dem. 37,752,782 37,102,958 1.75 35 Poland 4,245,000 4,822,233 -11.97
Republic
36 Kazakhstan 4,143,100 4,353,400 -4.83
37 Kenya 37,715,944 33,632,631 12.14
37 Switzerland 4,140,000 4,374,700 -5.36
38 Ghana 35,008,387 30,360,771 15.31
38 South Africa 4,131,055 3,647,770 13.25
39 Peru 34,235,810 31,880,043 7.39
39 Syria 4,082,000 3,629,047 12.48
40 Iraq 33,559,000 33,000,000 1.69
40 Saudi Arabia 3,746,906 3,622,262 3.44
41 Australia 31,770,000 31,010,000 2.45
41 Austria 3,609,900 3,254,700 10.91
42 Kazakhstan 31,389,900 28,595,600 9.77
42 Sweden 3,554,665 3,778,569 -5.93
43 Taiwan, Province 29,681,490 30,358,368 -2.23
of China 43 Chile 3,445,880 3,427,749 0.53
44 Canada 29,389,553 28,789,000 2.09 44 Israel 3,412,000 3,427,000 -0.44
45 Venezuela 29,093,517 30,528,022 -4.70 45 Algeria 3,267,592 3,098,787 5.45
Puerto Rico had 3,204,993 cellphone subscribers in 2015, ranking No. 138 worldwide. Puerto Rico had 813,106 fixed telephone subscribers in 2015, ranking No. 85 worldwide.
Source: International Telecommunications Union. Some 2014 figures were revised. Source: International Telecommunications Union. Some 2014 figures were revised.
Research by Francis E. López Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 71

BOL_71.indd 71 1/16/17 10:48:58 AM


As Ranked by ®

PUERTO RICO’S CELLULAR NETWORK COMMUNICATIONS CARRIERS


(Listed According to Number of Full-Time Employees as of February 2016)
Current/ Company Name Physical Address No. of No. of No. of Main Brands Distributed Year Top Executive
Previous Telephone/Fax Full-Time Stores Kiosks Established Title
Ranking Internet Address Employees in P.R. in P.R. in P.R.
1/1 Claro Puerto Rico 1515 F.D. Roosevelt Ave. 3,410 44 18 Alcatel, iPhone, Avvio, Azumi, 1914 Enrique Ortiz de Montellano
(787) 782-8282 / (787) 749-3933 Guaynabo 00968 BlackBerry, HTC, LG, Nokia, CEO/President
www.claropr.com Samsung, Sony, Verykool, ZTE
2/2 AT&T Mobility Puerto Rico Inc. 103 Ortegón Ave. 1,675 32 58 iPhone, HTC, LG, Samsung, 1990 José J. Dávila
(787) 397-1000 / (787) 397-5107 Guaynabo 00966 BlackBerry, Kyocera, Microsoft, VP/General Manager
www.att.com NEC, Sonim Puerto Rico & USVI
3/3 T-Mobile Puerto Rico LLC 654 Muñoz Rivera Ave. 651 43 10 Samsung, iPhone, LG, Sony, 2000 Jorge Martel
(787) 754-1010 / (787) 773-3999 Suite 2000 Google, Alcatel, ZTE, HTC, Vice President/General Manager
www.t-mobilepr.com Hato Rey 00918 Kyocera, BlackBerry
4/4 Open Mobile (P.R. Wireless Inc.) Metro Office Park 320 18 10 Samsung, HTC, LG, Alcatel, 2007 Juan Saca
(787) 554-6736 / (787) 295-0101 Chrysler Bldg., Suite 300 Franklin Wireless, Novatel, CEO
www.openmobilepr.com Guaynabo 00968 Pantech, iPhone, Avvio, Motorola
5/5 Sprint 304 Ponce de León Ave. 300 23 28 iPhone, Samsung, HTC, Kyocera, 1990 Patricia M. Eaves
(787) 775-6700 / (787) 775-5850 Suite 801 LG, Sonim, Sierra Wireless General Manager
www.sprint.com Hato Rey 00918
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

As Ranked by ®

PUERTO RICO’S LONG-DISTANCE TELEPHONE COMPANIES


(Listed According to Number of Full-Time Employees as of February 2016)
Current/ Company Name Physical Address No. of Other Services Offered Year Top Executive
Previous Telephone/Fax Full-Time Established Title
Ranking Internet Address Employees in P.R.
1/1 Claro Puerto Rico 1515 F.D. Roosevelt Ave. 3,410 Wireline & wireless communications, 1914 Enrique Ortiz de Montellano
(787) 782-8282 / (787) 749-3933 Guaynabo 00968 high-speed Internet, IPTV CEO/President
www.claropr.com
2/- Liberty Cablevision of P.R. LLC 279 Ponce de León Ave. 938 Cable TV, Internet, commercial & residential 1997 Naji Khoury
(787) 657-3050 / (787) 622-1482 Hato Rey 00918 telephone provider CEO/President
www.libertypr.com
3/2 AT&T Corporate Business Solutions Bo. Monacillos 300 Private data, internet, mobility, cloud, 1996 Ana Michelle Concepción
(787) 717-9600 / (787) 620-9899 996 San Roberto St. security, hosting, VoIP General Manager
www.attbusinesspr.com Río Piedras 00926
3/2 Sprint 304 Ponce de León Ave. 300 Mobile communications, voice, messaging, 1990 Patricia M. Eaves
(787) 775-6700 / (787) 775-5850 Suite 801 high speed internet General Manager
www.sprint.com Hato Rey 00918
5/- WorldNet Telecommunications Inc. Centro Intl. de Mercadeo 146 Voice, data, internet, cloud & IT consulting 1996 David L. Bogaty
(787) 706-2600 / (787) 749-8887 90 Rd. 165, Suite 201 Chairman
www.worldnetpr.com Guaynabo 00968
6/4 Telefónica Business Solutions Citi View Plaza I 103 Internet, cloud & IT services, data, voice, 1989 Carolina Valeriano
(787) 749-5800 / (787) 749-5804 48 Rd. 165, Suite 412 unified communications Country Manager
www.business-solutions.telefonica.com Guaynabo 00968
7/5 Verizon 665 Ponce de León Ave. 10 Internet, ethernet, international & U.S. 1982 Aitor González
(787) 289-5747 / (787) 289-5777 Santurce 00907 private lines, MPLS, security, cloud Senior Account Manager
www.verizon.com
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was supplied by the companies or taken from their websites.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

72 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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BOL_73.indd 73 1/12/17 3:03:00 PM
As Ranked by ®

PUERTO RICO’S LARGEST TELECOMMUNICATIONS COMPANIES


(Listed According to Number of Employees as of February 2016)
Current/ Company Name Physical Address No. of Main Services Offered Year Top Executive
Previous Telephone/Fax Full-Time Established Title
Ranking Internet Address Employees in P.R.
1/1 Claro Puerto Rico 1515 F.D. Roosevelt Ave. 3,410 Wireline & wireless communications, high-speed 1914 Enrique Ortiz de Montellano
(787) 782-8282 / (787) 749-3933 Guaynabo 00968 internet, intra & off-island long distance, IPTV CEO/President
www.claropr.com
2/2 AT&T Mobility Puerto Rico Inc. 103 Ortegón Ave. 1,675 Wireless communications 1990 José J. Dávila
(787) 397-1000 / (787) 397-5107 Guaynabo 00966 VP/General Manager
www.att.com Puerto Rico & USVI
3/3 Liberty Cablevision of P.R. LLC 279 Ponce de León Ave. 938 Cable TV, internet, long distance, 1997 Naji Khoury
(787) 657-3050 / (787)622-1482 Hato Rey 00918 commercial & residential telephone provider CEO/President
www.libertypr.com
4/5 T-Mobile Puerto Rico LLC 654 Muñoz Rivera Ave. 651 Wireless communications 2000 Jorge Martel
(787) 754-1010 / (787) 773-3999 Suite 2000 Vice President/General Manager
www.t-mobilepr.com Hato Rey 00918
5/4 DirecTV Puerto Rico Ltd. CTP Scotiabank Plaza 440 Satellite TV & internet 1999 Thelma López
(787) 776-5200 / 273 Ponce de León Ave. General Manager
www.directvpr.com 12th Floor
Hato Rey 00917
6/6 Open Mobile (P.R. Wireless Inc.) Metro Office Park 320 Wireless communications 2007 Juan Saca
(787) 554-6736 / (787) 295-0101 Chrysler Bldg., Suite 300 CEO
www.openmobilepr.com Guaynabo 00968
7/7 AT&T Corporate Business Solutions Bo. Monacillos 300 Private data, internet, mobility, cloud, security, 1996 Ana Michelle Concepción
(787) 717-9600 / (787) 620-9899 996 San Roberto St. hosting, VoIP, long distance General Manager
www.attbusinesspr.com Río Piedras 00926
7/7 Sprint 304 Ponce de León Ave. 300 Mobile communications, high-speed internet, 1990 Patricia M. Eaves
(787) 775-6700 / (787) 775-5850 Suite 801 long distance General Manager
www.sprint.com Hato Rey 00918
9/9 WorldNet Telecommunications Inc. Centro Intl. de Mercadeo 146 Voice, data, internet, cloud & IT consulting, 1996 David L. Bogaty
(787) 706-2600 / (787) 749-8887 90 Rd. 165, Suite 201 long distance Chairman
www.worldnetpr.com Guaynabo 00968
10/- Telefónica Business Solutions Citi View Plaza 1 103 Internet, long distance, cloud & IT services, data, 1989 Carolina Valeriano
(787) 774-6823 / (787) 749-5800 48 Rd. 165, Suite 412 voice, unified communications Country Manager
www.pr.telefonica.com Guaynabo 00968
11/10 Ericsson Caribbean Inc. City View Plaza 93 Telecommunications 1999 Lin Amundarain
(787) 771-1700 / (787) 771-1747 48 Rd. 165, Suite 6010 General Manager
www.ericsson.com/pr Guaynabo 00968
12/- Skytec Inc. Royal Ind. Park 45 GPS automatic vehicle location, computer-aided 1999 Henry Barreda III
(787) 275-5454 / (787) 275-5437 500 Rd. 869, Suite 501 dispatch, radio communication, wireless high-tech President
www.skytecpr.com Cataño 00962 communications solutions
13/- Verizon 665 Ponce de León Ave. 10 Internet, ethernet, international & U.S. 1982 Aitor González
(787) 289-5747 / (787) 289-5777 Santurce 00907 private lines, MPLS, security, cloud, long distance Senior Account Manager
www.verizon.com
14/- Dish Network Puerto Rico LLC B7 Tabonuco St., Suite 804 8 Satellite TV 2012 Reynaldo Pagani
(787) 705-2347 / Guaynabo 00968 General Manager
www.dishpuertorico.com
Telecommunication refers to the electronic transmission of impulses by cable, telephone, radio or television.
This chart includes telephone, cellphone, cable and satellite TV companies. Radio and television companies are included in separate charts.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

74 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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Computers
& Technology
Information Systems Consulting Firms 76

Systems-Integration Firms 79

Internet Service Providers 80

Printer & Scanner Distributors 81

Internet Users in the Americas 82

BOL_75.indd 75 1/27/17 10:18 AM


As Ranked by ®

PUERTO RICO’S LARGEST


INFORMATION SYSTEMS CONSULTING FIRMS
(Listed According to Revenue from Information Systems Consulting Services in 2015)
Current/ Company Name Physical Address Revenue $ from No. of Other Services Offered Year Top Executive
Previous Telephone/Fax Information Full-Time Established Title
Ranking Internet Address Systems Consultants in P.R.
Consulting in P.R.
in 2015
1/4 Truenorth Corp. 1510 F.D. Roosevelt Ave. 16,800,000 100 Technology project management, 2001 Gabriel Fernández
(787) 706-3033 / (787) 775-5980 Guaynabo 00968 business transformation, outsourcing CEO
www.truenorthcorporation.com tasking, systems integration, software
development
2/2 Softek Inc. 650 Muñoz Rivera Ave. 15,527,078 89 Systems integration 1991 Julián Londoño
(787) 754-0400 / (787) 754-0463 Suite 601 President
www.softekpr.com Hato Rey 00918
3/1 Netxar Technologies Inc. Pérez Morris Urb. 13,400,000* 13* Design, maintenance & support, 2002 José Santiago
(787) 765-0058 / (787) 756-5362 17 Ponce St. networking, project management, President
www.netxar.com Hato Rey 00917 training
4/3 IBM Corp. 654 Muñoz Rivera Ave. 9,000,000 10 Systems integration, business 1937 Carmelo Padilla
(787) 766-7600 / (787) 766-8777 Hato Rey 00918 transformation, cloud, analytics Senior Location Executive
www.ibm.com solutions
5/8 Fusionworks Inc. Picó Center Bldg. 5,800,000 41 Enterprise resource planning, customer 2002 Leslie Luciano
(787) 721-1039 / (787) 721-1034 120 Condado Ave., Suite 102 relationship management, custom Management Director
www.fwpr.com Santurce 00907 process automation
6/7 Cortelco Systems Puerto Rico Inc. Caguas Oeste Ind. Park 5,500,000 40 Systems integration, data center, 1962 Juan Carlos Ramos
(787) 704-0000 / (787) 704-3252 Rd. 156, Km. 58.2 security CEO/President
www.cortelcopr.com Caguas 00727
7/6 SAP Puerto Rico Gmbh LLC City View Plaza, Suite 301 5,320,000* 8 Software solutions & support 1999 Galo Sandoval
(787) 775-3100 / 48 Rd. 165 Vice President
www.sap.com Guaynabo 00968 Caribbean Region
8/10 MultiSystems Inc. Capital Center Bldg. 4,000,000 30 Systems integration, software 1987 Delfín A. Lorenzo
(787) 751-2720 / (787) 751-0155 South Tower, Suite 803 development, business process analysis, President
www.multisystems.com Hato Rey 00918 project management, hardware &
technical support
9/11 Helvetia Del Caribe Inc. Villa Fontana II Urb. 3,909,861 2 Software development, systems 1986 Juan Morales
(787) 750-3300 / (787) 762-1693 11th & Viviana St. integration President
www.helvetia-pr.com Carolina 00983
10/12 Innovative Solutions Inc. Santiago Iglesias Urb. 3,200,000 38 Systems integration, project 2002 Herman Vicéns
(787) 706-4406 / (787) 706-4463 1416 Paz Granela Ave. management President
info@insolpr.com San Juan 00921
11/14 Experis Puerto Rico 530 De la Constitución Ave. 3,173,331 44 Project solutions 2007 Karen Cortiella
(787) 766-4745 / San Juan 00901 Market Vice President
www.experis.com
12/16 Corporación Sidif Del Caribe 262 Uruguay St. 3,165,899 7 Software support, systems integration 1994 Enrique Santiago
(787) 771-4457 / (787) 754-0594 Suite C-5 General Manager
www.sidif.com Hato Rey 00917
13/13 Technology Partners Inc. Cooperativa Moroveña Bldg. 3,000,000 27 Software development & maintenance, 1998 José Resto
(787) 774-8865 / (787) 783-3361 54 Resolución St., Suite 403 corporate performance & database CEO/President
www.tppr.com San Juan 00920 management
14/15 Excellere Consulting Associates Inc. Galería Paseos 2,000,000* 20* Software development, systems 1992 Víctor M. López
(787) 756-8686 / 100 Grand Blvd. Paseos integration, infrastructure services, President
www.eca-pr.com Suite 402 outsourcing
Río Piedras 00926
15/23 Wovenware Inc. Pesquera Bldg., Suite 506 1,250,000 3 Systems integration, software 2003 Christian González
(787) 946-7412 / (787) 721-7412 601 Del Parque St. development, Java technologies CEO
www.wovenware.com Santurce 00909
16/- Infomedika Inc. 181 F.D. Roosevelt Ave. 1,000,000 60 Systems integration, software licensing 1980 Luis Ramírez Ronda
(787) 620-2474 / (787) 620-8608 Hato Rey 00917 CEO/President
www.infomedika.com

76 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST


INFORMATION SYSTEMS CONSULTING FIRMS
(Listed According to Revenue from Information Systems Consulting Services in 2015)
Current/ Company Name Physical Address Revenue $ from No. of Other Services Offered Year Top Executive
Previous Telephone/Fax Information Full-Time Established Title
Ranking Internet Address Systems Consultants in P.R.
Consulting in P.R.
in 2015
17/21 EliteBco LLC 161 Ponce de León Ave. 991,299 6 - 2009 Luis Báez Black
(787) 903-5483 / (787) 705-6888 Suite 201 CEO/President
www.elitebco.com Hato Rey 00917
18/19 Rafael Rosario & Assoc. La Electrónica Bldg. 850,000 4 Systems integration, application 1997 Rafael Rosario
(787) 622-6000 / (787) 622-6013 1608 Bori St., Suite 209 development, disaster recovery, cloud President
www.rr-a.com Río Piedras 00927 services
19/22 The Cervantes Group Inc. 1476 Ashford Ave. 715,844 11 Web & software development, 2004 Joanna Bauzá
(866) 729-7597 / (866) 724-7948 San Juan 00907 business analysis, management President
www.thecervantesgroup.com consulting, project management
20/- Renova Solutions Corp. Metro Office Park 675,000 8 Systems integration, payroll & human 2012 Wilfredo Cosme
(787) 273-6682 / (787) 789-3965 Lot 7, Suite 202 resources software development, President
www.renovasolutions.com Guaynabo 00968 payroll processing
21/24 Barquin International Corp. 452 Ponce de León Ave. 650,000* 9* Systems integration, management 1994 Ramón Barquin
(787) 296-9768 / (787) 296-9769 Suite 1A consulting, data warehousing, business President
www.barquin.com Hato Rey 00918 intelligence, business critical solutions
22/18 Benchmark Technologies Inc. 299 Winston Churchill Ave. 400,000 10 Systems & network integration 1994 Suikam Kwok
(787) 760-1445 / (787) 760-1430 Río Piedras 00926 President
www.benchmark-pr.com
* CARIBBEAN BUSINESS estimate
Number of full-time consultants includes part-time consultants where applicable (every two part-time consultants = one full-time consultant) and may vary through the year.
Unless otherwise noted, all information was provided by the companies.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 77

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BOL_78.indd 78 1/12/17 3:42:46 PM
As Ranked by ®
PUERTO RICO’S LARGEST SYSTEMS-INTEGRATION FIRMS
(Listed According to Number of Full-Time Consultants as of April 2016)
Current/ Company Name Physical Address No. of Other Services Offered Year Top Executive
Previous Telephone/Fax Full-Time Established Title
Ranking Internet Address Consultants in P.R.
in P.R.
1/1 Truenorth Corp. 1510 F.D. Roosevelt Ave. 100 IT consulting, technology project management, 2001 Gabriel Fernández
(787) 706-3033 / (787) 775-5980 Guaynabo 00968 business transformation, software development, CEO
www.truenorthcorporation.com outsourcing tasking
2/2 Softek Inc. 650 Muñoz Rivera Ave. 89 IT consulting 1991 Julián Londoño
(787) 754-0400 / (787) 754-0463 Suite 601 President
www.softekpr.com Río Piedras 00927
3/6 Cortelco Systems Puerto Rico Inc. Caguas Oeste Ind. Park 40 IT consulting, data center, security 1962 Juan Carlos Ramos
(787) 704-0000 / (787) 704-3252 Rd. 156, Km. 58.2 CEO/President
www.cortelcopr.com Caguas 00727
4/5 Multisystems Inc. Capital Center Bldg. 30 IT consulting, sotware development, mobile 1987 Delfín Lorenzo
(787) 751-2720 / (787) 751-0155 South Tower, Suite 803 solutions, project management, business process President
www.multisystems.com Hato Rey 00918 analysis, technical support
5/9 Windsor Systems Group of P.R. Inc. 452 Ponce de León Ave. 12 IT consulting, point of sales 1988 Ramón Barquin
(787) 751-1392 / Suite 1 President
www.windsorsystemsgroup.com Hato Rey 00918
6/- The Cervantes Group Inc. 1476 Ashford Ave. 11 Web & software development, business analysis, 2004 Joanna Bauzá
(866) 729-7597 / (866) 724-7948 San Juan 00907 management consulting, project management President
www.thecervantesgroup.com
7/10 Benchmark Technologies Inc. 299 Winston Churchill Ave. 10 IT consulting, network integration 1994 Suikam Kwok
(787) 760-1445 / (787) 760-1430 Río Piedras 00926 President
www.benchmark-pr.com
7/10 IBM Corp. 654 Muñoz Rivera Ave. 10 IT consulting, business transformation, cloud, 1937 Carmelo Padilla
(787) 766-7600 / (787) 766-8777 Hato Rey 00918 analytics solutions Senior Location Executive
www.ibm.com
9/- Renova Solutions Corp. Metro Office Park 8 IT consuilting, payroll & human resources software 2012 Wilfredo Cosme
(787) 273-6682 / (787) 789-3965 Lot 7, Suite 202 development, payroll processing President
www.renovasolutions.com Guaynabo 00968
10/15 Corporación Sidif del Caribe 262 Uruguay St. 7 Software support, consulting 1994 Enrique Santiago
(787) 771-4457 / (787) 754-0594 Suite C-5 President
www.sidif.com Hato Rey 00917
11/- Rafael Rosario & Assoc. La Electrónica Bldg. 4 IT consulting, application development, disaster 1997 Rafael Rosario
(787) 622-6000 / (787) 622-6013 1608 Bori St., Suite 209 recovery, cloud President
www.rr-a.com Río Piedras 00927
Number of full-time consultants includes part-time consultants where applicable (every two part-time consultants = one full-time consultant) and may vary through the year.
Unless otherwise noted, all information was provided by the companies.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 79

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As Ranked by ®
PUERTO RICO’S LARGEST INTERNET SERVICE PROVIDERS
(Listed According to Number of Subscribers as of August 2016)
Current/ Company Name Physical Address No. of No. of Connection Main Services Percentage Year Top Executive
Previous Telephone/Fax Subscribers Full-Time Speeds Provided of Business Established Title
Ranking Internet Address Employees Activity in P.R.

Commercial

Residential
1/1 Liberty Cablevision of P.R. LLC 279 Ponce de León Ave. 320,875 931 Up to 120Mb Cable TV, telephony, 20% 80% 1997 Naji Khoury
(787) 657-3050 / (787) 622-1482 Hato Rey 00918 T1, wireless, optic CEO/President
www.libertypr.com fiber
2/2 Claro Puerto Rico ** 1515 F.D. Roosevelt Ave. 265,000* 3,341 1Mb to 1Gb DSL, wireless,T1, N/P N/P 1914 Enrique Ortiz de
(787) 782-8282 / (787) 749-3933 Guaynabo 00968 IPTV, telephony, Montellano
www.claropr.com cloud CEO/President
3/5 DirecTV Puerto Rico Ltd. CTP Scotiabank Plaza 24,000* 440 N/P Satellite TV N/P N/P 1999 Thelma López
(787) 776-5200 / 273 Ponce de León Ave. General Manager
www.directvpr.com 12th Fl.
Hato Rey 00917
4/3 AT&T Corporate Business Bo. Monacillos 10,000 300 1Mb to 1Gb Mobility, cloud, 100% - 1996 Ana Michelle Concepción
Solutions 996 San Roberto St. hosting, VoIP, General Manager
(787) 717-9600 / (787) 620-9899 Río Piedras 00926 private data,
www.attbusinesspr.com ethernet
5/6 Critical Hub Networks Inc. 1314 Ponce de León Ave. 8,000* N/P 56kb, 64kb, Dial-up, DSL 60% 40% 1994 Carlo Marazzi
(787) 728-9000 / (787) 728-9777 Stop 20 128kb, 256kb, wireless, T1, President
www.criticalhub.com Santurce 00907 384kb, 512kb, broadband, ethernet,
768kb, 1Gb to VoIP, disaster
10Gb recovery, cloud
6/4 Open Mobile (P.R. Wireless Inc.) Metro Office Park 7,000 328 10Mb to 25Mb Wireless - 100% 2007 Juan Saca
(787) 554-6736 / (787) 295-0101 Chrysler Bldg., Suite 300
www.openmobilepr.com Guaynabo 00968 CEO

7/7 AeroNet Wireless Broadband Corp. 185 Metro Office Park 5,000 37 7Mb, 10Mb, Wireless, DSL 90% 10% 2001 Gino A. Villarini
(787) 273-4143 / (787) 273-4145 Suite 303 14Mb, 25Mb, President
www.aeronetpr.com Guaynabo 00968 50Mb, 500Mb,
1Gb
8/8 WorldNet Telecommunications Inc. Centro Intl. de Mercadeo 2,602 143 256kb, 384kb, Dial-up, DSL, 97% 3% 1996 David L. Bogaty
(787) 706-2600 / (787) 749-8887 90 Rd. 165, Suite 201 512kb, 768kb, wireless, T1, fiber Chairman
www.worldnetpr.com Guaynabo 00968 1,024kb, 2,048kb
to 100Mb
* CARIBBEAN BUSINESS estimate
** Subscribers figures, speed and services provided includes Coqui.Net Corp. Both providers are owned by P.R. Telephone Co.
N/P - Not Provided
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

80 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST PRINTER & SCANNER DISTRIBUTORS


(Listed According to 2015 Gross Revenue from Printer & Scanner Sales & Service)
Current/ Company Name Physical Address 2015 Gross No. of Main Products Main Brands Year Top Executive
Previous Telephone/Fax Revenue $ Full-Time Distributed Distributed Established Title
Ranking Internet/Email Address from Printers Employees in P.R.
& Scanners
1/1 Ricoh Puerto Rico Inc. National Plaza Bldg., 60,000,000 220 Household & commercial Ricoh 1967 Iván Fraticelli
(787) 641-4690 / (787) 282-9105 Suite 1700 printers, multifunction units, General Manager
www.ricohpr.com 431 Ponce de León Ave. scanners
Hato Rey 00917
2/2 Xerox Corp. 270 Muñoz Rivera Ave. 39,750,000* 85 Household & commercial Xerox 1963 Marlene Williams
(787) 754-7600 / (787) 250-4914 2nd Floor printers, scanners, VP Puerto Rico &
www.xerox.com Hato Rey 00918 multifunction units Virgin Islands
3/3 Hewlett-Packard Puerto Rico Chardón Tower 15,500,000* 80 Household & commercial Hewlett-Packard 1974 Martín Castillo
BV LLC 350 Chardón Ave., Suite 801 printers, scanners, Caribbean Region Director/
(787) 480-9100 / (787) 480-9274 Hato Rey 00918 multifunction units General Manager
www.hp.com
4/4 Toshiba America Business Amelia Industrial Park 15,043,051 33 Household & commercial Toshiba, Hewlett- 1996 Fernando Quiñones
Solutions Lot 45, Diana St., Suite 1 printers, scanners, Packard, DocuWare, President/
(787) 774-6767 / (787) 793-8686 Guaynabo 00968 multifunction units Lexmark General Manager
www.business.toshiba.com
5/5 Systronics Inc. Tres Monjitas Ind. Park 9,122,000 70 Household & commercial Canon 1976 Jorge Villena
(787) 758-6800 / (787) 766-1033 191 Federico Costa St. printers, scanners, President
www.systronics-pr.com Hato Rey 00918 multifunction units, plotters
6/- Data Supplies Corp. Villa Nevárez Shopping Ctr. 5,600,000* 13 Printers, scanners, Hewlett-Packard, 1985 William Jamieson
(787) 758-7118 / (787) 250-0028 Río Piedras 00927 multifunction units Lexmark, Brother, President
www.datasuppliespr.com OKI, Fujitsu
7/6 MultiSystems Inc. Capital Center Bldg. 5,600,000 54 Thermal barcode, cards & Zebra Datalogic, 1987 Delfín A. Lorenzo
(787) 751-2720 / (787) 751-0155 South Tower, Suite 803 mobile printers, inkjet & laser ID Technology, President
www.multisystems.com Hato Rey 00918 marking systems, bar code Honeywell
scanners
8/7 Lexmark International Inc. Metro Office Park 3,000,000* 14 Household & commercial Lexmark 1996 José Padín
Puerto Rico Lot 8, Suite 202 printers, scanners, MPS, General Manager
(787) 300-3388 / (787) 300-3393 Guaynabo 00968 software, multifunction units
www.lexmark.com
9/8 Caribbean Technical Bo. Sabana Llana 1,650,000* 15 Household & commercial Printronix, Printek, 2003 Carlos Ruiz Bonnet
Services Inc. 364 Ramón B. López St. printers, scanners, Hewlett-Packard, CEO
(787) 281-1000 / (787) 764-4633 Río Piedras 00923 multifunction units IBM, Godex
info@ctsinc.com
10/9 Caribbean Data System Inc. 636 San Patricio Ave. 1,290,000* 35 Household & commercial Lexmark, Xerox, 1969 Severiano López Sicre
(787) 774-6969 / (787) 774-6973 San Juan 00920 printers, scanners, security Dell, Kodak, Scantron President
www.caribbeandata.com systems, multifunction units
11/10 Procom-Systems 264 Méndez Vigo W St. 1,000,000 16 Household & commercial Hewlett-Packard, 1994 Benjamín Lizardo
(787) 805-3535 / (787) 833-7979 Mayagüez 00682 printers, scanners, Lexmark, Brother, President
www.procompr.com multifunction units Canon, Samsung
12/11 Instant Print Corp. 276 Jesús T. Piñero Ave. 550,000 17 Household & commercial Hewlett-Packard, 1968 Tony Blanco
(787) 767-2182 / (787) 282-8956 Hato Rey 00918 printers, scanners, Epson, Ricoh, Canon, Owner
www.instantprint.com multifunction units Brother
13/12 Mors Inc. Puerto Nuevo Urb. 200,000 28 Household & commercial Hewlett-Packard, 1987 Gonzalo Jara
(787) 793-4622 / (787) 792-7595 764 Andalucía St. printers, scanners, Brother, Canon, President
www.morspr.com San Juan 00921 multifunction units Fujitsu, OKI, Samsung,
Ricoh, Xerox
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Revenue includes printer, scanner & multifunction units sales & services.
Unless otherwise noted, all information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 81

BOL_81.indd 81 1/13/17 1:57:21 PM


As Ranked by ®
TOP INTERNET USERS IN THE AMERICAS
(Listed According to Number of Users as of November 2015)
Current/ Country Name Region Number of Users Population % Population Number of
Previous (2015 Estimate) (Penetration) Facebook
Ranking Users *
1/1 United States North America 280,742,532 321,368,864 87.40% 192,000,000
2/2 Brazil South America 117,653,652 204,259,812 57.60% 103,000,000
3/3 Mexico Central America 60,000,000 121,736,809 49.30% 60,000,000
4/5 Argentina South America 34,785,206 43,431,886 80.10% 27,000,000
5/4 Canada North America 33,000,381 35,675,834 94.50% 21,000,000
6/6 Colombia South America 28,475,560 48,203,405 59.10% 24,000,000
7/7 Venezuela South America 16,276,611 26,457,369 61.50% 12,000,000
8/8 Peru South America 16,000,000 30,444,999 52.60% 16,000,000
9/9 Ecuador South America 13,471,736 15,868,396 84.90% 8,700,000
10/10 Chile South America 12,667,226 17,508,260 72.30% 11,000,000
11/11 Dominican Republic Caribbean 6,054,013 10,478,756 57.80% 3,800,000
12/15 Guatemala Central America 4,700,000 14,918,999 31.50% 4,700,000
13/13 Costa Rica Central America 4,236,443 4,814,144 88.00% 2,800,000
14/12 Bolivia South America 4,214,504 10,800,882 39.00% 3,800,000
15/14 Cuba Caribbean 3,309,430 11,031,433 30.00% -
16/17 Paraguay Central America 2,916,807 6,783,272 43.00% 2,600,000
17/20 El Salvador Central America 2,900,000 6,141,350 47.20% 2,900,000
18/16 Puerto Rico Caribbean 2,834,786 3,598,357 78.80% 2,100,000
19/21 Honduras Central America 2,400,000 8,746,673 27.40% 2,400,000
20/18 Uruguay South America 2,200,000 3,341,893 65.80% 2,200,000
21/19 Panama Central America 1,899,892 3,657,024 52.00% 1,500,000
22/- Nicaragua Central America 1,600,000 5,907,881 27.10% 1,600,000
* Facebook users are as of November 2015.
The Americas have 19.57% of Internet users share of the total users worldwide.
Source: Internet World Stats website
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

82 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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BOL_83.indd 83 2/7/17 5:15:35 PM
BOL_84.indd 84 1/26/17 4:56:50 PM
Construction
& Real Estate
Engineering Firms 87

Architectural Services Firms 88

Shopping Center Management Companies 89

Construction Companies 90

Construction Equipment Companies 91

Construction Materials Suppliers 92

Construction Management Companies 93

Electrical and/or Mechanical Contractors 94

Electrical Materials Suppliers 95

Office Building Management


Companies in San Juan Metro Area 96

Office Buildings in San Juan Metro Area 97

Structural Steel Erectors & Fabricators 98

Residential Real-Estate Companies 99

Commercial Real-Estate Companies 100

BOL_85.indd 85 1/27/17 10:21 AM


We are a preeminent team of planners designers, providing integrated
solutions to advanced technology industries manufacturing clients,
commercial facilities and institutional clients.

Our Services:
• Project Planning
• Feasibility Studies
• Site Selection/Due Diligence
• Concept Design
• Project Cost Estimating
• LEED Accredited Professionals
• Energy Assessments For prompt
service contact:
• Development of BOD Tom Forester,
• Detailed Design/Construction Document General Manager
tom.forester@crbusa.com
• Construction and Use Permitting
Oriental Building,
• OGPe Designated Inspectors Mailbox #21
1738 Amarillo Street, Suite
• HAZOP Reviews 314, San Juan, PR 00926
• Equipment Bidding/ Purchasing Spec
Phone: 787-622-2720
• Bid Review and Support Procurement Fax: 787-622-2725

BOL_86.indd 86 1/12/17 5:48:30 PM


As Ranked by ®
PUERTO RICO’S LARGEST ENGINEERING FIRMS
(Listed According to 2015 Engineering Services Revenue)
Current/ Company Name Physical Address 2015 No. of No. of Other Services Provided Year Top Executive(s)
Previous Telephone/Fax Engineering Full-Time Licensed Established Title
Ranking Internet/Email Address Services Employees Engineers in P.R.
Revenue $
1/6 Caribbean Architects & Engineers Metro Office Park 9,410,000 20 12 - 1989 Bolivar Guzmán
(787) 783-5500 / (787) 782-3424 14 2nd St., Suite 500 Managing Partner
www.flour.com Guaynabo 00968
2/2 CDM Caribbean Engineers PSC Muñoz Rivera Urb. 8,600,000 5 4 Project & program 2002 Libby J. Goyco
(787) 627-2492 1 Acuarela St.. Suite G11 management, consulting General & Country
www.cdmsmith.com Guaynabo 00919 Manager
3/1 CRB Caribe LLP Oriental Center 7,856,347 66 19 Architecture 2004 Thomas Forester
(787) 622-2720 / (787) 622-2725 1738 Amarillo St., Suite 314 General Manager
www.crbusa.com Río Piedras 00926
4/4 CMA Architects & Engineers LLC 1509 F.D. Roosevelt Ave. 6,590,000 96 56 Architecture, construction 1959 Jordi Bofill Valdés
(787) 792-1509 / (787) 782-0687 Guaynabo 00968 management Managing Partner
www.cmapr.com
5/3 CH Caribe Engineers PSC Metro Office Park 6,000,700 105 25 Construction management, 1989 Jorge M. Álvarez
(787) 781-9050 / (787) 781-0177 17 2nd. St., Suite 400 operations & maintenance President/
www.ch2m.com Guaynabo 00968 General Manager
6/7 Arcadis Caribe PSC 1 48 City View Plaza, Tower 1, Suite 401 5,000,000 19 14* Consulting 2005 Melissa L. Pomales
(787) 777-4000 / (787) 755-1919 Rd. 165, Km. 1.2 Director
www.arcadis.com Guaynabo 00968
7/5 URS Caribe LLP Miramar Center Plaza 4,600,000 18 13 Construction management, 1963 René Purcell Gatell
(787) 723-3332 / (787) 723-3283 954 Ponce de León Ave., Suite 304 architecture, validation, Vice President/
www.aecom.com San Juan 00907 environmental & planning Resident Partner
8/8 GeoConsult Inc. Monterrey Ind. Park 3,700,000 15 3 Geotechnical engineering 1983 Patricia A. Crumley
(787) 783-3585 / (787) 793-0410 Lot 6 consulting President
www.geoconsult.us Puerto Nuevo 00920
9/9 Jaca & Sierra Engineering PSC Bo. Las Cuevas 2,800,000 43 6 Environmental studies, 1972 Carlos R. Sierra
(787) 761-2570 / (787) 748-6970 Rd. 850, Km. 0.2 construction materials testing, President
www.jacasierra.com Trujillo Alto 00976 quality assurance & control
10/12 Integra Design Group Architects Coliseum Tower 2,521,000 24 6 Architecture, construction 2000 Carlos I. Báez Dotel
& Engineers PSC 576 Arterial B St., Suite 102 management President
(787) 767-2111 / (787) 758-7757 Hato Rey 00918
www.integrapr.com
11/16 Unipro Architects Amelia Distribution Center 1,920,000 27 17 Architecture, construction 1980 Carlos R. Pérez
Engineers LLP 4 Beatriz St. management Managing Partner
(787) 793-3950 / (787) 793-8593 Guaynabo 00968
www.uniproaep.net
12/10 Barret Hale & Alamo LLC 207 Del Parque St. 1,800,000 13 5 Construction management, 1964 Herminio Álamo
(787) 982-7050 / (787) 982-7056 6th Floor planning, architecture President
www.bhapr.net Santurce 00912
13/- Black & Veatch Puerto Rico PSC Tres Ríos Bldg., Suite 501 1,750,000 14 8 Construction, operations 1995 Carlos E. Rentas
(787) 793-1276 / (787) 793-1291 27 González Giusti Ave. & program management, Project & Program
www.bv.com Guaynabo 00968 consulting Manager
14/15 Phasor Engineering Inc. Sabanetas Ind. Park 1,700,000 20 1 Electrical testing 1981 Rafael Castro
(787) 844-9366 / (787) 841-6385 Bldg. 216 President
www.phasorinc.com Ponce 00716
15/14 GeoCim PSC Amelia Distribution Center 1,544,476 17 2 Geotechnical engineering, 1981 Luis O. García
(787) 792-2626 / (787) 782-5990 26A Emma St. subsoil exploration, field testing President
www.geocim.wordpress.com Guaynabo 00968
16/17 Babilonia & Associates PSC 1223 Ponce de León Ave. 1,000,000 13 3 Energy conservation, Leed 2002 Héctor M. Babilonia
(787) 751-0003 / Río Piedras 00926 José C. Babilonia
www.babiloniagroup.com Owners
17/21 Villegas y Asociados- Caribe Urb. 500,000 8 6 - 1990 Harry A. Villegas
Ingenieros CSP 1598 Cavalieri St. CEO/President
(787) 763-4934 / (787) 753-6403 Río Piedras 00927
havillegas@coqui.net
18/18 AZ Engineering LLC Villa Fontana Urb. 389,000 10 1 Construction management 2002 Ángel R. Zayas
(787) 768-3851 / (787) 752-5192 4A S2 Vía Leticia CEO/President
www.azeng.net Carolina 00984
19/22 Rivera & Alejandro MAI Basic Four Bldg. 285,000 12 3 Architecture 1980 José R. Alejandro
(787) 783-5074 / (787) 782-2325 2000 Marginal Kennedy Ave., Ste. 415 Partner
www.rivera-alejandro.com Puerto Nuevo 00920
20/20 GDT LLC 2 1403 Georgetti St. 184,707 8 1 Land & interior planning, 1968 Enery M. Dorta
(787) 724-0597 / (787) 724-5837 Santurce 00909 design, project permitting, Senior Architect/
www.1403.net architecture, construction Managing Partner
management
* CARIBBEAN BUSINESS estimate
1. Formerly known as MP Engineers of P.R. PSC
2. Formerly known as Gautier & de Torres
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 87

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As Ranked by ®
PUERTO RICO’S LARGEST ARCHITECTURAL SERVICES FIRMS
(Listed According to 2015 Architectural Services Revenue)
Current/ Company Name Physical Address 2015 No. of No. of Other Services Provided Year Contact Person(s)
Previous Telephone/Fax Architectural Full-Time Licensed Established Title
Ranking Internet/Email Address Services Employees Architects in P.R.
Revenue $
1/1 SCF Arquitectos SRL Metro Office Park 2,717,204 18 5 - 1984 Alberto Ferrer
(787) 781-9090 / (787) 781-9095 Lot 13, 2nd St. Segundo Cardona
www.scf-pr.com Guaynabo 00968 Partners
2/5 Álvarez-Díaz & Villalón 1509 Ponce de León Ave. 2,168,414 17 3 Master planning, interior design 2002 Ricardo Álvarez Díaz
(787) 754-1381 / (787) 282-6705 Suite 4 Principal Partner
www.alvarezdiazvillalon.com Santurce 00909
3/3 Rivera & Alejandro 2000 Kennedy Ave. 1,614,000 12 4 Engineering 1980 José R. Alejandro
(787) 783-5074 / (787) 782-2325 Marginal St., Suite 415 Partner
www.rivera-alejandro.com Puerto Nuevo 00920
4/2 Miguel Calzada Arquitectos 2004 McLeary Ave. 1,563,178 5 1 Construction management 2003 Miguel E. Calzada
(787) 727-8202 / 1st Floor & inspection, urban planning, Principal/Architect
www.miguelcalzadaarq.com Condado 00911 permitting, urbanism, interior
renovations, commercial design
5/4 Integra Design Group Architects 576 Arterial B St. 1,550,000 24 4 Construction management, 2000 Carlos I. Báez Dotel
& Engineers PSC Suite 102 engineering President
(787) 767-2111 / (787) 758-7757 Hato Rey 00918
www.integrapr.com
6/10 CMA Architects & Engineers LLC 1509 F.D. Roosevelt Ave. 1,522,600 96 4 Engineering, construction 1959 Jordi Bofill
(787) 792-1509 / (787) 782-0687 Guaynabo 00968 management Managing Partner
www.cmapr.com
7/8 Unipro Architects Engineers LLP Amelia Dist. Center 960,000 27 3 Engineering, construction 1980 Carlos R. Pérez
(787) 793-3950 / (787) 793-8593 4 Beatriz St. management Managing Partner
www.uniproaep.net Guaynabo 00968
8/12 CRB Caribe LLP 1738 Amarillo St. 872,927 66 4 Engineering 2004 Thomas Forester
(787) 622-2720 / (787) 622-2725 Suite 314 General Manager
www.crbusa.com Río Piedras 00926
9/7 Carrerá Arquitectos PSC 100 Acuarela St. 832,720 8 1 - 1984 Edelberto F. Carrerá
(787) 620-0475 / (787) 620-0476 Suite 301 Principal
www.carrera-arq.com Guaynabo 00969
10/14 URS Caribe LLP Miramar Center Plaza 800,000 18 2 Construction management, 1963 René Purcell Gatell
(787) 723-3332 / (787) 723-3283 654 Ponce de León Ave. planning, engineering Vice President/
www.urscorp.com San Juan 00907 Partner
11/15 The Office of Marvel & Marchand 161 San Jorge St. 693,746 19 7 Landscape design, urban 1997 José R. Marchand
Architects LLP Suite 200 planning Partner
(787) 289-9494 / (787) 722-4165 San Juan 00911
www.marvelarch.com
12/6 V Architecture PSC 1701 Ponce de León Ave. 573,000 8 4 - 2003 Ilia M. Ríos
(787) 622-3900 / (787) 622-3910 Santurce 00909 President
www.varchitecture.com
13/- Carlos E. Betancourt Llambias 1431 Ponce de León Ave. 300,000 4* 1 - 1985 Carlos E. Betancourt
Arquitectos CSP Suite 502 Architect
(787) 977-2800 / (787) 977-2830 Santurce 00907
www.cebarq.net
14/11 GDT LLC ** 1403 Georgetti St. 279,950 8 1 Land & interior planning, 1968 Enery M. Dorta
(787) 724-0597 / (787) 724-5837 Santurce 00909 design, project permitting, Senior Architect/
www.1403.net engineering, construction Managing Partner
management
15/16 Abacus Architecture PSC 1250 Ponce de León Ave. 276,000 9 1 Construction management, 2006 Hernán Hernández
(787) 724-4331 / (787) 977-7980 Suite 1011 engineering President
www.abacusarq.com San Juan 00907
* CARIBBEAN BUSINESS estimate
** Formerly known as Gautier & de Torres
SEM & Associates PSC, ranked No. 9 last year, is in process of closing operations.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

88 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST


SHOPPING CENTER MANAGEMENT COMPANIES
(Listed According to Total Shopping Centers Leasable Area in Square Feet)
Current/ Management Company Name Physical Address Total Total Year Main Shopping Centers Managed Top Executive
Previous Telephone/Fax Leasable Area No. of Established Title
Ranking Internet/Email Address (in Sq. Ft.) Stores in P.R.
1/1 DDR Corp. Plaza Río Hondo 5,072,622 1,055 2005 Plaza del Sol, Plaza del Norte, Francis Xavier González
(787) 784-5527 / (787) 784-8299 Rd. 22 & Comerío Ave. Plaza Escorial, Plaza Río Hondo, VP Property Management
www.ddrpuertorico.com Bayamón 00961 Plaza Palma Real, Plaza Cayey
2/2 Downtown Development Corp. Pitusa Bldg. 3,256,261 394 1984 Monte Real Shopping, Coamo Plaza, Israel Kopel
(787) 641-8256 / (787) 710-7712 246 Campo Rico Ave. Plaza del Carmen, Norte Shopping, President
www.realestatepr.net Carolina 00982 Victory Shopping, Plaza las Flores
3/3 Plaza Las Américas Inc. 525 F.D. Roosevelt Ave. 2,858,000 410 1968 Plaza Las Américas, Jaime Fonalledas
(787) 474-7474 / (787) 474-7475 Hato Rey 00918 Plaza del Caribe President
www.plazalasamericas.com
4/4 Commercial Centers Management Plaza Caparra Bldg., Suite 201 2,201,801 401 1977 Santa Rosa Mall, Aguadilla Mall, Jorge L. Fournier
Realty S. en C. 1498 F.D. Roosevelt Ave. Centro del Sur Mall, Plaza Caparra, Executive Vice President
(787) 622-9600 / (787) 277-9601 Guaynabo 00968 Plaza Villa Blanca, Plaza Canóvanas
www.ccmpr.com
5/5 Kimco Realty Corp. 200 Rafael Cordero Ave. 2,172,386 306 2006 Plaza Centro Mall, Trujillo Alto Plaza, Víctor A. Aguilar
(787) 704-2670 / (787) 286-2679 Suite 1800 Los Colobos, Ponce Towne Center Property General Manager
www.kimcorealty.com Caguas 00725 Western Plaza, Rexville Town Center
6/6 Simon Property Group Villa Fontana Urb. 1,568,546 328 1978 Plaza Carolina Mall, Anthony Clementi
(787) 768-0514 / (787) 762-0460 Jesús Fragoso Ave. Puerto Rico Premium Outlets Plaza Carolina Mall
www.simon.com Carolina 00983 General Manager
7/7 Empresas Puertorriqueñas de AON Center Bldg., Suite 1100 1,125,000 125 1972 Mayagüez Mall Sara Villamil
Desarrollo Inc. 304 Ponce de León Ave. President
(787) 622-8108 / (787) 622-0840 Hato Rey 00918
8/8 Five Development Holdings Inc. Laguna Gardens Shopping Center 1,036,818 307 1972 Centro Gran Caribe, Laguna Gardens, Rafael Pérez Matos
(787) 791-6032 / (787) 791-4552 10 Laguna Ave. Santa María, Monte Sol, Plaza Salinas, President
www.centrograncaribe.com Carolina 00979 La Quinta, Villa Fontana
9/9 Urban Edge Properties Las Catalinas Mall 1,034,893 156 2004 Las Catalinas Mall, Lineth Rosado
(787) 745-4105 / (787) 745-4295 Rds. 52 & 156 The Outlets at Montehiedra General Manager
www.uedge.com Caguas 00725
10/10 BPP Retail Properties LLC Los Jardines Shopping Center 853,277 143 2006 Bayamón Oeste, San Lorenzo, Saul Scherl
(787) 999-7777 / (787) 720-7255 Rd. 20 Km. 3.5 Dorado del Mar, Los Jardines, Vice President
www.blackpt.com Guaynabo 00969 Los Dominicos, Caguas Community
11/- Plaza International Puerto Rico LLC 1000 Mall of San Juan Blvd. 630,000 84 2011 The Mall of San Juan José Ayala
(787) 759-6255 / (787) 759-6283 San Juan 00924 General Manager
www.themallofsanjuan.com
12/12 Caparra Center Associates LLC Galería San Patricio 595,000 150 1962 San Patricio Plaza Adolfo González
(787) 792-5328 / (787) 782-9555 B5 Tabonuco St,, Suite 212 CEO/President
www.sanpatricio.com Guaynabo 00968
13/13 B.V. Properties Inc. 137 Yauco Plaza I 589,581 130 1982 Yauco Plaza I, Yauco Plaza II, Frank R. Bragan Jr.
(787) 856-5994 / (787) 856-5717 Yauco 00698 Plaza Cidra CEO/President
www.yaucoplazapr.com
14/11 Interservice Group Inc. 175 O’Neill St. 584,211 203 1981 Santa María, Drive-In Plaza, Plaza Fernando Márquez
(787) 250-0444 / (787) 250-0059 Hato Rey 00918 Dorada, Plaza San Cristóbal, Escorial CEO/President
www.igipr.com Shopping Village, Garden Hills Plaza
15/14 Epic Management of P.R. LLC Villas de Mar Chiquita 523,546 117 2009 Plaza Guayama, Doramar Plaza Rosa Martínez
(787) 621-6660 / (787) 854-0812 4-I Linda Mar St. Partner
rmartinez@epicmanagementinc.com Manatí 00674
16/15 The Outlet 66 Mall 18400 Hwy. 3, Suite 205 365,393 76 2001 The Outlet 66 Mall Justin A. Tirri
(787) 256-7040 / (787) 256-7046 Canóvanas 00729 Owner
www.theoutlet66mall.com
Total leasable area includes all shopping centers managed by the company.
Unless otherwise noted, all information was provided by the companies and/or obtained from their websites as of April 2016.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 89

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As Ranked by ®
PUERTO RICO’S LARGEST CONSTRUCTION COMPANIES
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of Types of Projects Largest Project in 2015 Year Top Executive
Previous Telephone/Fax Gross Full-Time Handled Location(s) Established Title
Ranking Internet/Email Address Revenue $ Employees in P.R.
Private Public
1/1 Aireko Companies Villa Blanca Ind. Park 111,800,000 125 60% 40% LPG Conversion Project for 1963 Luis Uzcategui
(787) 653-6300 / (787) 653-0121 20 Las Casas St. V.I. Power & Water Auth. President/Partner
www.aireko.com Caguas 00725 St. Thomas & St. Croix
2/5 CIC Construction Group S.E. Bo. Río 66,854,988 500 90% 10% Lilly Del Caribe Inc. 1983 Gustavo A. Hermida
(787) 287-3540 / (787) 287-3555 Hwy. 1, Km. 23 Carolina President
www.cicconstruction.com Guaynabo 00971
3/4 Del Valle Group & Affiliates Bo. Campanilla 51,765,374 255 5% 95% N/P 1988 Pablo Del Valle
(787) 794-0927 / (787) 794-4008 Rd. 865, Km. 0.6 CEO
www.delvallegroup.net Toa Baja 00949
4/2 F&R Construction Group Inc. University Gardens Urb. 49,682,223 193 70% 30% Bahía Plaza Condominium 1972 Ángel Antonio Fullana
(787) 753-7010 / (787) 763-0269 1010 Harvard St. San Juan President
www.frcg.net Río Piedras 00927
5/- Caribe Tecno CRL 1254 F.D. Roosevelt Ave. 40,610,000* 218 65% 35% Doctors’ Center 1972 José Domingo Pérez
(787) 781-4598 / (787) 782-8077 San Juan 00920 San Fernando Hospital CEO
www.caribetecno.com Carolina
6/6 LPC & D Inc. Bo. Boquerón 37,318,293 298 5% 95% Rio Bayamón North 1996 Pedro Feliciano Benítez
(787) 733-6121 / (787) 733-4808 Rd. 937, Km. 3 Community President
www.lpcdinc.com Las Piedras 00771 Bayamón
7/7 Constructora Santiago II Corp. Bo. Las Cuevas 33,300,000 175 100% - Plaza del Caribe Expansion 1961 José A. López Beguiristain
(787) 761-7171 / (787) 761-7181 Rd. 850, Km. 0.2 Ponce President
www.constructorasantiago.com Trujillo Alto 00976
8/10 Desarrollos Metropolitanos LLC 207 Diez de Andino St. 30,521,672 100 45% 55% Viewpoint at Domenech 1970 José R. Vizcarrondo
(787) 727-8666 / (787) 728-4595 San Juan 00912 San Juan CEO/President
www.dmse.com
9/9 RB Construction Group Inc. Bo. Las Cuevas 26,579,176 132 100% - Joint Forces 1972 Manuel A. Suárez Méndez
(787) 293-0300 / (787) 293-0309 Rd. 846, Km. 1.5 Fort Buchanan President
www.rbconstruction.com Trujillo Alto 00976
10/15 Fluor Daniel Caribbean Inc. Metro Office Park, 14 2nd St. 25,851,000 52 100% - Lilly del Caribe 1965 Bolívar Guzmán
(787) 783-5500 / (787) 774-0180 Parkside Plaza Bldg., Suite 500 Carolina Operations Manager
www.fluor.com Guaynabo 00968
11/8 Alproem Engineering Bo. Hato Tejas 25,437,960 303 100% - Manufacturing rooms 1998 Luis A. Ocasio Rivera
Contractors Corp. 63 Cementerio Nacional Ave. construction Managing Partner
(787) 995-0309 / (787) 288-3674 Bayamón 00959 Fajardo
www.alproem.com
12/13 Tamrio Inc. West Ind. Park 20,196,815 95 - 100% The Mall of San Juan site 1998 Héctor L. Del Río Torres
(787) 805-4120 / (787) 265-6885 31 Rochelaise St. San Juan President
www.tamrio.com Mayagüez 00682
13/- Bird Group LLC Altamesa Urb. 19,776,511 189 100% - Cuidadela Phase III 2011 Manuel A. Deliz
(787) 721-6630 / (787) 721-6635 1307 San Alfonso Ave. Santurce President
www.birdgroupllc.com San Juan 00921
14/14 West Corp. 455 Ramón E. Betances South 18,223,009 117 2% 98% Water treatment plant 1970 Fernando L. Sumaza Díaz
(787) 831-1918 / Mayagüez 00680 electric generator CEO/President
www.westgcc.com renovation
Caguas
15/22 Quality Construction A&M Tower 15,729,745 70 40% 60% Ana G. Méndez University 1995 Edwin La Torre
Services II LLC 207 Del Parque St. 2nd Floor System President
(787) 726-0877 / (787) 726-0861 Santurce 00912 Gurabo
www.qcspr.com
16/16 Caribe General Constructors Inc. 2053 Ponce Bypass 13,700,000 152 100% Aires del Manantial elderly 1966 José M. Bonnín
(787) 844-4720 / (787) 840-8547 Suite 201 housing CEO
www.caribegeneral.com Ponce 00717 Trujillo Alto
17/11 Desarrolladora J.A. Inc. Bo. Bejucos 12,112,340 47 5% 95% Hwy. 2 resurfacing 2001 José Abrams
(787) 830-4821 / (787) 830-4808 Rd. 459, Km. 15.3 Several municipalities President
desja@desja.net Isabela 00662
18/12 Venegas Construction Corp. 472 Tito Castro Ave. 10,000,000* 17 100% - N/P 1965 Emilio M. Venegas
(787) 848-4848 / (787) 842-3449 Suite 201 President
venegas_emilio@yahoo.com Ponce 00716
19/21 Vissepó & Diez Bo. Guanajibo 8,918,284 97 85% 15% Mayagüez Resort & Casino 1972 Pedro F. Diez Macías
Construction Corp. Rd. 102, Km. 5.3 Mayagüez President
(787) 834-2909 / (787) 831-1190 Mayagüez 00681
vissepoydiez@yahoo.com
20/20 Rama Construction LLC 1055 Hostos Ave. 6,957,674 52 75% 25% Balseiro elderly housing 1976 Víctor Oquendo de Jesús
(787) 844-2180 / (787) 844-2334 Ponce 00716 Rio Piedras President
www.ramaconstructionpr.com
21/19 Constructores Gilmar Inc. Bo. Mamey 6,317,152 53 10% 90% Museo de la Música 1988 Christian Santana
(787) 720-0892 / (787) 731-6010 Rd. 189, Km. 11.0 Guaynabo President
www.gilmarpr.com Juncos 00777
22/23 Bonneville Contracting & Bo. Villa Esperanza 4,715,000 67 75% 25% San Juan Gas 1984 Stephen E. Spears
Technology Group LLC Hwy. 1, Km. 39.7 San Juan President
(787) 747-0767 / (787) 747-3344 Caguas 00725
www.bonnevillepr.net
23/18 Villavicencio & Associates Bo. Santa Rosa III 4,071,982 100 100% - Hospital Auxilio Mutuo 2004 Lisette Villavicencio
Construction Corp. Rd. 833, Km. 12.0 East Wing CEO
(787) 790-9937 / (787) 790-1651 Guaynabo 00969 Hato Rey
www.va-contractor.com
24/17 Nogama Construction Corp. Colgate Palmolive Bldg. 2,200,000 36 100% Coast Guard 1948 José J. Nolla
(787) 273-7633 / (787) 273-7680 Suite 310 San Juan President
www.nogama.com Guaynabo 00968
* CARIBBEAN BUSINESS estimate
** Betteroads Asphalt LLC, ranked No. 3 last year, merged with Puerto Rico Asphalt LLC in October 2016.
N/P - Not Provided
Number of employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obteined from public records.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®
PUERTO RICO’S LARGEST CONSTRUCTION EQUIPMENT COMPANIES
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of Main Products Sold/ Main Brand Names Year Top Executive
Previous Telephone/Fax Gross Full-Time Rented Established Title
Ranking Internet Address Revenue $ Employees in P.R.
1/1 Rimco Inc. 312 J.F. Kennedy Ave. 50,000,000* 160 Construction & industrial Caterpillar, Perkins, JLG, 1981 Richard McConnie
(787) 792-4300 / (787) 774-6660 San Juan 00920 equipment, residential, LeeBoy, Trencor, Gradall, President
www.rimcocat.com commercial & industrial Linden, Comansa, Rosco,
generator sets NPK, Talbert, Kaufman
2/2 Puerto Rico Wire Products Inc. Corujo Ind. Park 33,500,000* 170 Hydraulic excavators, Kobelco, Bomag, 1955 José J. Cestero Ramírez
(787) 288-8080 / (787) 288-8057 Rd. 866, Km. 1.7, Lot 8 telehandlers, backhoe, dozers SkyTrack, Case, Godwin, President
www.puertoricowire.com Bayamón 00961 & skid steer loaders Ditch Witch, Bobcat,
Atlas
3/3 González Trading Reparto Metropolitano Urb. 12,573,953 66 Forklifts, generators, heavy Raymond, Clark, JLG, 1963 José M. Baeza
(787) 783-9380 / (787) 782-2049 1298 54 SE St. equipment, material handling Generac, Atlas Copco, President
www.gonzaleztrading.com Río Piedras 00921 products, aerial platforms, Caterpillar, Genie
industrial batteries
4/- General Machinery 22 Cementerio Nacional Ave. 3,820,000 42 Forklift material handling DEKA, Tailift, Stellana 2003 Luis R. Rivera Micheo
Contractors Inc. Bayamón 00961 related equipment, aerial President
(787) 400-2323 / (787) 251-5300 equipment, industrial batteries
www.gmcrentals.com & tires
5/4 Quality Equipment Inc. Río Plantation Urb. 3,100,000 24 Crane rental Grove, Link Belt, Terex, 1977 María I. Elías
(787) 798-1717 / (787) 798-5140 Rd. 872, Km. 0.8 Mack, International President
www.fortezaequipo.com Bayamón 00961
6/5 De Diego Rental Puerto Nuevo Urb. 1,738,392 18 Air compressors, electric Sullair, JLG, Stone 1996 Herbert Soto
(787) 781-3320 / (787) 782-9925 508 De Diego Ave. generators, concrete & Construction, Husqvarna, President
www.dediegorental.com Puerto Nuevo 00920 earthmoving equipment MK Diamond, MMD,
Multiquip, Milwaukee,
Dixies
7/6 Interamerican Equipment 506 Francia St. 1,500,000 16 Aerial equipment, air JLG, Husqvarna, Airman, 2002 Luis A. Pujol
Services Corp. Hato Rey 00917 compressors, light towers, Magnum, EDCO, Tsurumi, President
(787) 282-3240 / (787) 282-3243 skid loaders, forklifts Multiquip, Northrocu
www.iesequip.com
* CARIBBEAN BUSINESS estimate
Gross revenue includes service, sales and/or rental operations.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 91

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As Ranked by ®
PUERTO RICO’S LARGEST CONSTRUCTION MATERIALS SUPPLIERS
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 Gross Sales Activity No. of Main Products Top Executive
Previous Telephone/Fax Revenue $ Full-Time Title
Ranking Internet Address Wholesale Retail Employees
1/1 The Home Depot Torres CPA Group Bldg. 390,000,000* - 100% 1,600 Hardware, lumber, concrete Carlos F. Fines
(787) 776-8500 / (787) 776-8570 Rd. 190, Km. 0.7, Suite 102 products, tiles, electrical & District Manager
www.thehomedepot.com Carolina 00983 plumbing materials
2/2 National Lumber & Hardware Country Club Urb. 205,000,000* N/P N/P 1,075* Hardware, lumber, concrete Israel Kopel
(Metropolitan Lumber & 246 Roberto Sánchez Vilella Ave. products, tiles, electrical & President
Hardware Inc.) Carolina 00982 plumbing materials
(787) 641-8200 / (787) 641-8299
www.ferreteriasnational.com
3/3 Cemex de Puerto Rico Inc. Amelia Ind. Park 90,000,000* 100% - 212 Cement, concrete, aggregates Enrique A. García
(787) 783-3000 / (787) 781-8850 Rd. 165, Km. 2.7 President
www.cemexpuertorico.com Guaynabo 00968
4/4 Maderera Donestévez Inc. 65th Infantry Ave., Km. 7.0 76,275,599 80% 20% 114 Wood, plywood, building Juan J. Donestévez De Para
(787) 750-2000 / (787) 750-5080 Carolina 00987 materials, doors President
www.madereradonestevezpr.com
5/8 Roger Electric Corp. Luchetti Ind. Park 50,480,203 100% - 205 Electric materials, solar panels, Ángel J. Rivera Montañez
(787) 786-3361 / (787) 785-1808 Marginal St., Hwy. 5 air conditioners, breakers President
www.rogerelectric.com Bayamón 00960
6/7 Rafael J. Nido Group Bo. Candelaria Arenas 45,000,000 100% - 125 Construction specialties, Rafael J. Nido Jr.
(787) 251-1000 / (787) 251-1011 100 Rd. 866 plumbing & galvanized-steel Chairman/CEO
www.nidogroup.net Toa Baja 00949 products, hardware, electrical
supplies, tools
6/6 Steel and Pipes Inc. Hwy. 1, Km. 27.5 45,000,000 20% 80% 205 Structural steel, welding Felipe Vidal Cos
(787) 747-9415 / (787) 258-0635 Caguas 00726 products, air conditioners CEO
www.steelandpipes.com
8/9 Air Master Awning LLC Hwy. 2, Km. 56.7 40,070,650 92% 8% 432 Glass & aluminum windows & Nicolás Megwinoff Fagundo
(787) 623-1800 / (787) 623-0087 Barceloneta 00617 doors, glass railings, shower CEO/President
www.airmasterpr.com enclosures, window walls,
storefronts
9/10 Essroc San Juan Inc. Bo. Espinosa 32,500,000* 100% - 105 Cement José Uriol
(787) 721-5878 / (787) 883-5747 Hwy. 2, Km. 26.7 Vice President/
www.essroc.com Dorado 00646 General Manager
10/11 Steel Services & Supplies Inc. Bo. Campanillas 30,245,477 5% 95% 68 Reinforcing & structural steel, Francisco García Alonso
(787) 794-2250 / (787) 794-2390 109 Rd. 865, Km. 1.2 lumber, hardware CEO
www.steelservicespr.com Toa Baja 00949
11/13 Servimetal LLC Río Cañas Ind. Park 20,199,509 94% 6% 91 Stainless steel pipes, metal Emilio M. Ortiz
(787) 747-7766 / (787) 747-9676 Rd. 175, Km. 0.02 sheets, colored roofing panels CEO/President
www.servimetal.com Caguas 00725 & sidings
12/12 Carmelo Rd. 866, Km. 0.7 20,000,000 100% - 175 Manufactured sand, thin set, Edgar Figueroa
(787) 251-9474 / (787) 251-9420 Sabana Seca 00949 mortars, masonry products CEO/President
www.carmelo.com
13/14 Acha Trading Co. Puente Blanco Sector 19,916,469 60% 40% 53 Interior remodeling materials, Isaías J. Mora
(787) 275-6095 / (787) 275-9065 500 Rd. 5 acoustical ceiling, gypsum board, President
www.achatrading.com Cataño 00962 commercial flooring
14/15 Vassallo International Group Inc. Bo. Coto Laurel 17,000,000 50% 50% 71 PVC pipes, fittings, water tanks, Rafael V. Vassallo
(787) 848-1515 / (787) 848-3666 1000 Rd. 506 plastic furniture CEO/President
www.vassalloindustries.com Ponce 00780
15/18 Aceros de América Inc. Hwy. 1, Km. 25.0 14,937,029 80% 20% 35 Reinforcing bars, structural steel, Federico Fernández
(787) 720-5842 / (787) 720-0590 Caguas 00726 wire products, lumber, pipes President
www.acerosdeamerica.com
16/17 Vent-Alarm Corp. (Valcor) Rd. 189, Km. 9.2 14,800,000 - 100% 142 Aluminum & glass windows & Fernando Sosa Velasco
(787) 653-0152 / (787) 737-5773 Gurabo 00778 doors President
www.valcorpr.com
17/19 Mocoroa & Castellanos Inc. Los Frailes Ind. Park 13,500,000* - 100% 20 PVC, copper pipes & fittings, Miguel Mocoroa
(787) 272-3410 / (787) 720-3918 E St., Lot 8 valves, pump systems President
www.mocoroa.com Guaynabo 00969
* CARIBBEAN BUSINESS estimate
N/P - Not Provided
Betteroads Asphalt LLC, ranked No. 5 last year, merged with Puerto Rico Asphalt LLC in October 2016.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from public documents.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®

PUERTO RICO’S LARGEST CONSTRUCTION MANAGEMENT COMPANIES


(Listed According to 2015 Revenue from Construction/Project Management Services)
Current/ Company Name 2015 No. of No. of Main Projects in 2015 Type of Types of Projects Year Top Executive
Previous Physical Address Construction/ Projects Full-Time Construction Handled Est. Title
Ranking Project in 2015 Employees Management * in Telephone/Fax
Management P.R. Internet Address
Revenue $
1/5 Torcon Inc. 25,000,000 3 20 Capital improvement projects At-risk & Industrial 1998 José M. Jiménez
Metro Office Park for biopharma manufacturing Agency Vice President/General Manager
3 1st St., Suite 515 facilities (787) 999-8900 / (787) 999-8905
Guaynabo 00968 www.torcon.com
2/1 CPM (Caribbean Project 13,800,000 184 137 Capital improvement projects Agency Commercial, industrial, 1991 Francisco G. Arteaga
Management) for pharmaceutical facilities, government CEO/President
CPM Plaza, Suite 200 infraestructure projects (787) 999-4000 / (787) 999-4010
Rd. 20, Km. 2.6 www.cpmintl.com
Guaynabo 00966
3/4 CH Caribe Engineers PSC 11,562,000 N/P 105 P.R. Aqueduct & Sewer N/P Government 1989 Jorge M. Álvarez Blasco
Metro Office Park Authority President/General Manager
17 2nd St., Suite 400 (787) 781-9050 / (787) 781-0177
Guaynabo 00968 www.ch2m.com
4/2 CDM Caribbean 10,800,000 N/P 5 N/P N/P Government 2002 Libby J. Goyco
Engineers PSC General & Country Manager
Muñoz Rivera Urb. (787) 627-2492 /
KOI Bldg., Suite G-11 www.cdmsmith.com
1 Acuarela St.
Guaynabo 00969
5/3 Black & Veatch 8,250,000 20 14 Valenciano water filtration At-risk & Industrial, government 1995 Carlos E. Rentas Giusti
Puerto Rico PSC plant, Ponce trunk sewer Agency Project & Program Manager
Tres Ríos Bldg., Suite 501 rehabilitation, Las Croabas (787) 793-1276 / (787) 793-1291
27 González Giusti Ave. sanitary sewer system www.bv.com
Guaynabo 00968
6/7 CMA Architects & 2,028,000 140 96 Romark Laboratories, At-risk Commercial, industrial, 1959 Jordi Bofill Valdés
Engineers LLC Northwest Corridor Rd. 22, residential, government Managing Partner
1509 F.D. Roosevelt Ave. Hotel San Juan Resort & (787) 792-1509 / (787) 782-0687
Guaynabo 00968 Casino www.cmapr.com
7/- Bird Group LLC 1,869,033 9 189 The Mall of San Juan, Agency Commercial, residential 2011 Manuel A Deliz
Altamesa Urb. Ciudadela phase III, President
1307 San Alfonso St. Vanderbilt Hotel Spa & (787) 721-6630 / (787) 721-6635
Río Piedras 00921 Presidential Suites www.birdgroupllc.com
* Agency construction management (CM) is a fee-based service in which the construction manager is responsible exclusively to the owner and acts in the owner’s interest at every stage of the project.
The CM offers advice, uncolored by any conflicting interest.
At-risk CM is a delivery method which entails a commitment by the CM to deliver the project within a Guaranteed Maximum Price (GMP). The CM acts as a consultant to the owner in the
development and design phases, and as the equivalent of a general contractor during the construction phase.
Agency and At-risk definitions source: the Construction Management Association of America webpage.
N/P - Not Provided
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from public documents.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 93

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As Ranked by ®

PUERTO RICO’S LARGEST


ELECTRICAL AND/OR MECHANICAL CONTRACTORS
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of No. of Year Top Executive
Previous Telephone/Fax Gross 2015 Full-Time Established Title
Ranking Internet/Email Address Revenue $ Completed Employees in P.R.
Contracts
1/1 Bermúdez, Longo, Díaz-Massó LLC Bo. Cupey 81,207,000 53 677 1962 Francisco Díaz Massó
(787) 761-3030 / (787) 760-0855 Rd. 845, Km. 0.5 CEO/President
www.bldmpr.com Río Piedras 00926
2/2 Lord Electric Company of P.R. Inc. Villa Prades Ind. Park 35,000,000 12 300 1959 Manuel Rosabal
(787) 758-4040 / (787) 763-3320 8 Simón Madera St. President
www.lordelectric.com Río Piedras 00924
3/3 Standard Refrigeration Co. Inc. Bo. Quebrada Arenas 14,300,000 10 61 1947 Juan S. Quintana
(787) 789-1000 / (787) 720-0960 Hwy. 1, Km. 24.0 CEO/President
www.standardpr.com Río Piedras 00926
4/5 SM Electrical Contractors S.E. Bo. Coto Laurel 7,628,182 19 123 1990 Francisco Javier Lasanta
(787) 842-8822 / (787) 843-9642 3006 San Cristóbal Ave. Managing Partner
www.smelectricalpr.com Ponce 00780
5/4 A.M. Electric Inc. 105 José G. Padilla St., Suite 202-B 7,400,020 32 55 1984 Javier Acosta Martín
(787) 834-3256 / (787) 833-8303 Mayagüez 00680 President
jacosta@amelectricpr.com
6/6 Juan F. García Inc. Bo. Camarones 5,146,317 11 45 1984 Francisco J. García
(787) 720-1500 / (787) 272-1414 Rd. 169, Km. 6.7 President
www.juanfgarciainc.com Guaynabo 00969
7/7 Frank Electric Services Inc. 1005 Hostos Ave. 2,849,000 N/P 45 1983 Frank Rodríguez
(787) 840-2171 / (787) 848-7822 Ponce 00716 President
www.frankelectric.com
8/- Starco Electric Inc. Bo. Quebrada Arenas 1,800,000 7 18 1974 Carlos E. Pacheco
(787) 789-1000 / (787) 789-8131 Hwy. 1, Km. 24.0 President
www.standardpr.com Río Piedras 00926
9/8 Quality Electric Corp. 202 Victor Pérez Rodríguez Rd. 1,597,608 4 27 1995 Steven Anglada
(787) 832-3236 / (787) 832-2847 Mayagüez 00682 President
info@qualityelectriccorp.com
10/- Emeco Inc. El Último Chance Sector 1,000,000* N/P 15 1988 Isidro H. García Fraticelli
(787) 754-9975 / (787) 720-5074 Rd. 841, Km. 1.9 President
emeco@coqui.net Guaynabo 00969
* CARIBBEAN BUSINESS estimate Unless otherwise noted, all information was provided by the companies.
N/P - Not Provided Research by Ana D. Ortiz
Number of full-time employees includes part-time employees where applicable (every two part-time Copyright © 2017 CARIBBEAN BUSINESS
employees = one full-time employee).

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As Ranked by ®
PUERTO RICO’S LARGEST ELECTRICAL MATERIALS SUPPLIERS
(Listed According to 2015 Electrical Materials Gross Sales)
Current/ Company Name Physical Address 2015 Electrical No. of Main Industries Served Main Products Sold Top Executive
Previous Telephone/Fax Materials Full-Time Title
Ranking Internet Address Gross Sales $ Employees
1/1 Warren-ECM Bo. Río Cañas 58,000,000 97 Pharmaceuticals, food Electrical, renewable energy, Marcelo Stopiello
(787) 757-8600 / (787) 757-8612 Hwy. 1, Km. 29.4 processing, electrical lighting, safety, datacomm, President
www.warrendelcaribe.com Caguas 00725 contractors surveillance
2/2 Roger Electric Corp. Luchetti Ind. Park 50,480,203 205 General contractors Electric materials, solar panels, air Ángel J. Rivera Montañez
(787) 786-3361 / (787) 785-1808 Marginal St., Hwy. 5 conditioners, breakers President
www.rogerelectric.com Bayamón 00960
3/3 Graybar International Besthree Bldg., Suite C-15 14,232,190 24 Electrical & general Wire, cable, lighting, electrical Marco Antonio Zerquera
(787) 622-2255 / (787) 622-2256 18 José A. Tony Santana Ave. contractors, system distribution, safety & data Branch Manager
www.graybar.com Carolina 00979 integrators, pharmaceuticals products, tools, substations,
enclosures, pipes
4/4 AKM Mfg. Inc. Mario Julia Ind. Park 11,000,000 81 Electronic manufacturers, Metering systems, switchgear, Pedro Arvesú
(787) 620-4950 / (787) 620-4958 418 A St., Suite 1 general & electrical electrical control equipment, President
www.akmindustries.com San Juan 00920 contractors unitized substations
5/5 Wholesale Electric Caribe Inc. Hwy. 2, Km. 56.5 7,484,807 25 Electrical contractors, Electrical distribution & Miguel Barrios
(787) 846-5755 / (787) 970-0727 Barceloneta 00618 pharmaceuticals automation control products President
www.wecipr.com
6/6 Tecno-Lite of P.R. Inc. GJ-18 Campo Rico Ave. 7,000,000 25 Electrical contractors, Electrical, lighting & plumbing Manuel R. Pérez Espinosa
(787) 752-8252 / (787) 750-4344 Carolina 00982 government, pharmaceuticals products General Manager
www.tecnolite.com
7/7 Prime Controls Inc. Rd. 175, Km. 9.9 3,963,643 8 General contractors, Electrical distribution & control Roberto Pérez
(787) 760-4940 / (787) 760-1530 Trujillo Alto 00976 government, pharmaceuticals products President
www.primecontrols-pr.com
8/8 La Electrical Inc. 3180 Santiago de los 3,125,000 12 Chemical, electrical & general Electric panel boards, Carlos F. Peniza
(787) 842-1306 / (787) 842-0612 Caballeros Ave., Suite 301 contractors, food processing, switchboards, transformers, wire President
www.laelectricalpr.com Ponce 00716 pharmaceuticals & wiring devices, conduit, power
meters, led ilumination
Powerline Electrical Products Corp., ranked No. 9 last year, filed for Ch. 11 of the U.S. Bankruptcy Law in March 2016.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from public records.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

Phone: 787-622-2255
Fax: 787-622-2256
Location Hours:
Mon-Fri 7:30 a.m. to 5:00 p.m.
graybar.com

18 JOSÉ A (TONY) SANTANA AVENUE, BESTHREE BLDG,


LOT A, STE. C15, CAROLINA, P.R. 00979 MUÑIZ BASE
ELECTRICAL DATA VOICE LIGHTING CONTROLS SECURITY
THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 95

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As Ranked by ®

PUERTO RICO’S LARGEST


OFFICE BUILDING MANAGEMENT COMPANIES IN SAN JUAN METRO AREA
(Listed According to Total Buildings Office Space Area in Square Feet)
Current/ Management Company Physical Address Total Office Year Office Buildings Managed Contact Person
Previous Telephone/Fax Space Area Established Title
Ranking Internet/Email Address (in Sq. Ft.) in P.R.
1/2 Banco Popular de Puerto Rico, Popular Center Bldg. 595,277 1983 Popular Center, Centro Europa, Jaime L. Nazario Yordán
Real Estate Division 208 Ponce de León Ave. Popular Bldg. Senior Vice President
(787) 754-9111 / (787) 758-9309 Hato Rey 00918 Real Estate Division
www.popular.com
2/- TAM LLC 239 Arterial Hostos Ave. 561,120 2014 Capital Center Bldg. Tamara Torres
(787) 274-2679 / Hato Rey 00918 Owner
capital@tamllcpr.com
3/3 iedifiko Inc. 996 San Roberto St. 554,634 2004 Oriental Tower, MAPR Bldg., Enrique J. Vila Biaggi
(787) 751-3708 / (787) 993-0708 Río Piedras 00926 AT&T Plaza, Pfizer Tower, President
www.iedifiko.com POP II Bldg., NSU Bldg., RSM Bldg.
4/4 AIP Holdings LLC 250 Muñoz Rivera Ave. 539,728 2013 American International Plaza, Edward McGrath Castañer
(787) 250-6494 / Suite 320 270 Plaza Director
info@aipprholdings.com Hato Rey 00918
5/5 Muñoz Holdings Inc. Corona Commercial Park 529,459 1988 Muñoz Bermúdez SE, Muñoz Metro Antonio J. Muñoz
(787) 729-0050 / (787) 729-0103 54 Progreso St., 20 Stop Office SE, Muñoz Valencia Inc. CEO
www.mbhpr.com Santurce 00909
6/6 Empresas Fonalledas Inc. 350 Chardón Ave., Suite 900 523,000 1890 Torre Chardón, La Torre de Plaza, Jaime Fonalledas
(787) 474-7474 / (787) 620-6898 Hato Rey 00918 Parque Las Américas I President

7/7 CV Corp. City View Plaza 483,000 2000 City View Plaza I, City View Plaza II, PH Luis Raúl Solá
(787) 641-9596 / (787) 641-9598 48 Rd. 165, Km. 1.2, Suite 2010 Bldg, RJR Bldg., VA Bldg. Vice President/General Manager
www.cityviewplaza.com Guaynabo 00968
8/8 Union Holdings Inc. Mercantil Plaza Bldg. 433,040 2005 Mercantil Plaza, Union Plaza Manuel Sánchez Biscombe
(787) 753-0310 / (787) 758-7157 2 Ponce de León Ave., Suite 1501 COO/Executive Vice President
msanchez@union-holdings.com Hato Rey 00918
9/1 Interservice Group Inc. * 175 O’Neill St. 406,172 1981 FirstBank Bldg., Corporate Center, Fernando Márquez
(787) 250-0444 / (787) 250-0059 Hato Rey 00918 TNPSC Office Center, Executive Hall, CEO/President
www.igipr.com 1311 Placita Arts Space
10/- Empresas Caparra B5 Tabonuco St. 268,483 2002 Santander Tower, Caparra Office Adolfo González
(787) 792-5328 / (787) 782-9555 Suite 212 Center, Galería San Patricio CEO/President
www.sanpatricio.com Guaynabo 00968
11/9 Commercial Centers Management Plaza Caparra Bldg., Suite 201 221,432 1977 Plaza 273 Jorge L. Fournier Fernández
Realty S. en C. 1498 F.D. Roosevelt Ave. Executive Vice President
(787) 622-9600 / (787) 277-9601 Guaynabo 00968
www.ccmpr.com
12/- Cobian Plaza LLC 1607 Ponce de León Ave. 134,000 2014 Cobian’s Plaza Ángel L. Rosas Collazo
(787) 724-1575 / (787) 721-5899 Santurce 00909 President
www.cobiansplaza.com
13/10 Ochoa Realty Corp. Ochoa Bldg. 113,000 2004 Ochoa Bldg., Recinto Sur Bldg. Jaime J. González
(787) 474-4900 / (787) 474-4925 500 Tanca St. CEO/President
www.anglo-antilles.com San Juan 00901
* Interservice Group Inc. no longer manages Cobian’s Plaza.
Unless otherwise noted, all information was provided by the companies and/or their websites as of June 2016.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®
PUERTO RICO’S LARGEST
OFFICE BUILDINGS IN SAN JUAN METRO AREA
(Listed According to Total Office Space Area in Square Feet)
Current/ Building Name Physical Address Total Office Available No. of Starting Year Contact Person
Previous Management Company Space Area Office Space Floors Rental Rate Built Telephone/Fax
Ranking (in Sq. Ft.) Area (per Sq. Ft.) Internet/Email Address
(in Sq. Ft.)
1/1 Capital Center Bldg., South Tower 235-239 Arterial Hostos Ave. 561,120 N/P 14 N/P 1991 Tamara Torres
Capital Center Bldg., North Tower Hato Rey 00918 16 1996 (787) 274-2679 /
TAM LLC capital@tamllcpr.com
2/2 Popular Center 208 Ponce de León Ave. 378,322 4,772 20 $32.81 1965 Jaime L. Nazario Yordán
Banco Popular de Puerto Rico, Hato Rey 00918 (787) 754-9111 / (787) 758-9309
Real Estate Division www.popular.com
3/3 City View Plaza I 48 Rd. 165, Km. 1.2 348,000 5,000 6 $23.00 2000 Luis Raúl Solá
City View Plaza II Guaynabo 00968 10,000 6 $25.00 2007 (787) 641-9596 / (787) 641-9598
CV Corp. www.cityviewplaza.com
4/4 American International Plaza 250 Muñoz Rivera Ave. 326,275 42,104 17 $25.00 1991 Edward McGrath Castañer
AIP Holdings LLC Hato Rey 00918 (787) 250-6494 /
info@aipprholdings.com
5/5 Mercantil Plaza 2 Ponce de León Ave. 281,050 40,000 16 $21.00 1972 Manuel Sánchez Biscombe
Union Holdings Inc. Hato Rey 00918 (787) 753-0310 / (787) 758-7157
msanchez@union-holdings.com
6/6 Torre Chardón 350 Chardón Ave. 252,700 N/P 15 N/P 2001 Jaime Fonalledas
Empresas Fonalledas Inc. Hato Rey 00918 (787) 474-7474 / (787) 620-6898
7/7 Muñoz Bermúdez SE Corona Commercial Park 252,006 134,273 5 N/P 1960 Antonio J. Muñoz
Muñoz Holdings Inc. 54 Progreso St., Stop 20 (787) 729-0050 / (787) 729-0103
Santurce 00909 www.mbhpr.com
8/9 Plaza 273 273 Ponce de León Ave. 221,432 14,361 15 $15.00 1985 Jorge L. Fournier Fernández
Commercial Centers Management Hato Rey 00917 (787) 622-9600 / (787) 277-9601
Realty S. en C. www.ccmpr.com
9/10 270 Plaza 270 Muñoz Rivera Ave. 213,453 38,519 13 $25.00 1993 Edward McGrath Castañer
AIP Holdings LLC Hato Rey 00918 (787) 250-6494 /
info@aipprholdings.com
10/- Santander Tower B7 Tabonuco St. 209,976 1,300 18 N/P 2004 Adolfo González
Empresas Caparra Guaynabo 00968 (787) 792-5328 / (787) 782-9555
www.sanpatricio.com
11/11 FirstBank Bldg. 1130 Muñoz Rivera Ave. 197,000 None 6 N/P 2010 Fernando Márquez
Interservice Group Inc. Río Piedras 00927 (787) 250-0444 / (787) 250-0059
www.igipr.com
12/12 Muñoz Metro Office SE Metro Office Park 182,542 17,932 5 N/P 1990 Antonio J. Muñoz
Muñoz Holdings Inc. Lot 18 (787) 729-0050 / (787) 729-0103
Guaynabo 00968 www.mbhpr.com
13/13 Union Plaza 416 Ponce de León Ave. 151,990 22,000 18 $21.00 1970 Manuel Sánchez Biscombe
Union Holdings Inc. Hato Rey 00918 (787) 753-0310 / (787) 758-7157
msanchez@union-holdings.com
14/14 La Torre de Plaza 525 F.D. Roosevelt Ave. 145,500 N/P 9 N/P 1995 Jaime Fonalledas
Empresas Fonalledas Inc. Hato Rey 00917 (787) 474-7474 / (787) 620-6898
15/8 Cobian’s Plaza 1607 Ponce de León Ave. 134,000 90,000 7 $18.00 1974 Ángel L. Rosas Collazo
Cobian Plaza LLC Santurce 00909 (787) 724-1575 / (787) 721-5899
www.cobiansplaza.com
16/15 Oriental Tower 997 San Roberto St. 132,318 None 15 N/P 2006 Enrique J. Vila Biaggi
iedifiko Inc. Río Piedras 00926 (787) 751-3708 / (787) 993-0708
www.iedifiko.com
17/16 MAPR Bldg. 299 De Diego Ave. 130,000 None 5 N/P 2001 Enrique J. Vila Biaggi
iedifiko Inc. Santurce 00909 (787) 751-3708 / (787) 993-0708
www.iedifiko.com
18/17 Parque Las Américas I 235 Federico Costa Ave. 124,800 N/P 5 N/P 2005 Jaime Fonalledas
Empresas Fonalledas Inc. Hato Rey 00918 (787) 474-7474 / (787) 620-6898
19/18 Centro Europa 1492 Ponce de León Ave. 116,585 None 7 N/P 1991 Jaime L. Nazario Yordán
Banco Popular de Puerto Rico, Santurce 00909 (787) 754-9111 / (787) 758-9309
Real Estate Division www.popular.com
N/P - Not Provided
Office buildings may have more than one tower with different rental rates and number of floors.
Unless otherwise noted, all information was provided by the companies as of June 2016.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®

PUERTO RICO’S LARGEST


STRUCTURAL STEEL ERECTORS & FABRICATORS
(Listed According to 2015 Revenue from Structural Steel)
Current/ Company Name Physical Address Revenue $ from No. of Year Types of Projects Handled Top Executive
Previous Telephone/Fax Structural Steel Full-Time Established Title
Ranking Internet/Email Address in 2015 Employees in P.R. Comm. Ind. Inst. Res. Gov’t

1/1 Steel and Pipes Inc. Hwy. 1, Km. 27.5 28,900,000 207 1979 20% 20% 20% 20% 20% Felipe Vidal Cos
(787) 747-9415 / (787) 258-0635 Caguas 00726 CEO
www.steelandpipes.com
2/2 Structural Steel Works Inc. Luchetti Ind. Park 18,000,000 120 1968 30% 30% 20% 5% 15% Juan C. Aguayo
(787) 787-5405 / (787) 787-5077 Rd. B, Lot 21 President
www.sswincpr.com Bayamón 00961
3/3 Alonso & Carus Iron Works Inc. Bo. Palmas 17,500,000* 135 1961 80% 12% - - 8% Jorge Ramos Viruet
(787) 788-1065 / (787) 788-0350 Rd. 869, Km. 0.9 President
www.alonsocarus.com Cataño 00962
4/4 American Agencies Co. El Cinco Sector 5,405,000 65 1956 25% 75% - - - Omir Méndez
(787) 758-6300 / (787) 763-6021 1554 Ponce de León Ave. President
www.americanagenciespr.com Río Piedras 00926
5/5 Esco Manufacturing Inc. Rd. 867, Km. 6.5 5,000,000 45 1984 20% 10% 40% - 30% Eliezer Escobar
(787) 794-1024 / (787) 794-3310 Toa Baja 00951 President
www.escopr.com
6/6 Caribbean Fast Steel Buildings Co. Bo. Aguacate 2,500,000 11 1995 75% 15% - - 10% Jerry Tirado
(787) 868-3405 / (787) 868-3375 Rd. 110, Km. 7.8 President
www.caribbeanfaststeel.com Aguadilla 00603
7/- North Steel Puerto Rico Inc. Bo. Santa Rosa 2,000,000 25 2006 70% 30% - - - Edwin D. Martínez
(787) 858-2769 / (787) 807-0278 Hwy. 2, Km. 35 President
www.northsteelpr.com Vega Baja 00694
8/7 Olympic Industrial Inc. 690 Cubita St. 1,800,000 11 1990 85% 14% - - 1% Daniela Díaz Rubio
(787) 720-6560 / (787) 789-7825 Guaynabo 00969 President
www.olympicindustrial.com
9/8 Steel Depot & Fabricators Inc. Bo. Cayabo 400,000 14 2003 50% 20% 20% - 10% Alvin Figueroa
(787) 616-4379 / (787) 837-4636 Rd. 14, Km. 11.1 Owner
steeldepotponce@gmail.com Juana Díaz 00795
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®

PUERTO RICO’S LARGEST


RESIDENTIAL REAL-ESTATE COMPANIES
(Listed According to Total Value of Properties Sold in 2015)
Current/ Company Name Physical Address Total $ Value No. of Full-Time Year Top Executive/Contact
Previous Telephone/Fax of Properties Properties Licensed Established Title
Ranking Internet Address Sold in 2015 Sold in Sales in P.R.
2015 Associates
1/1 Reality Realty PSC 1253 Fernández Juncos St. 51,594,323 341 47 1996 Iván Zavala Steidel
(787) 745-8777 / (787) 523-1985 Santurce 00910 CEO
www.realityrealtypr.com
2/3 TIRI (Trans Indies Realty & Investment 9 Camino Alejandrino 29,873,000* 175* 52 1969 Gisela Castro
Corp., Real Living) Guaynabo 00969 Broker
(787) 789-0000 /
www.tiri.com
3/6 Grand Homes Real Estate Altamira Urb. 25,482,000 189 71 2004 Orbe Soto
(787) 919-7800 / (787) 773-1019 612 Aldebaran St. President
www.ghomes.com Río Piedras 00920
4/4 Tierra del Sol Inc. Villa Clementina Urb. 15,239,000* 90 12 1979 Edna Maloy
(787) 720-7411 / (787) 720-6208 C7 Camino Alejandrino St. President
www.tdshomes.com Guaynabo 00969
5/8 Unique Properties & Real Estate Services PSC Costa de Oro Urb. 7,203,500* 12* 3* 1998 Aida L. Colón
(787) 796-3172 / (787) 796-5472 C-117, 2nd Fl., Suite 18 President
www.uniquepropertiespr.com Dorado 00646
6/9 Alberto Hernández Real Estate Inc. 1603 Loíza St. 6,079,800 27 5 1963 Alberto Hernández Pujol
(787) 728-6124 / (787) 728-3670 San Juan 00911 President
www.ahrepr.com
7/11 Mi Corredor.com Real Estate Agents Puerto Paseos 6,000,000 27 6 2006 Javier B. Rodríguez
(787) 717-0187 / (703) 621-1118 385 Felisa Rincón Ave., Suite 403 President
www.micorredor.com Río Piedras 00926
8/10 BBC Realty Inc. Palmas del Mar 4,300,000 9 2 1990 Frank M. Bonnelly
(787) 850-5800 / (787) 850-6041 235 Harbour Drive President
frankbonnelly.point2agent.com Humacao 00791
9/15 J. Martí Real Estate 445 González Clemente Ave. 3,244,000 17 4 1983 José Martí Hernández
(787) 265-3500 / Mayagüez 00682 Owner
www.martirealty.com
10/13 Jeannette Soto Realty Villa Del Rey Urb. 3,221,000 30 6 2001 Jeannette Soto
(787) 745-5820 / (787) 745-5818 2D-33 Pino Ave. President
www.jsrcsp.com Caguas 00725
11/12 Yordan Realty 67 Martínez Nadal St. 2,950,000 17 3 1982 Elvin López Morales
(Ready for Closing Realty CRL) Mayagüez 00680 President
(787) 833-1700 / (787) 265-4605
www.yordanrealty.com
* CARIBBEAN BUSINESS estimate
Number of full-time licensed sales associates includes part-time licensed sales associates where applicable (every two part-time associates = one full-time associate).
Cecy Alfonso Real Estate Inc., ranked No. 5 last year, closed operations in March 2016.
Isla del Coqui Inc., ranked No. 2 last year, closed operations in February 2016.
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®

PUERTO RICO’S LEADING


COMMERCIAL REAL-ESTATE COMPANIES
(Listed According to Total $ Value of Properties Sold in 2015)
Current/ Company Name Physical Address Total $ Value No. of No. of Full-Time Year Top Executive
Previous Telephone/Fax of Properties Properties Licensed Sales Established Title
Ranking Internet/Email Address Sold in 2015 Sold in 2015 Associates in P.R.
1/- Newmark Grubb Caribbean * International Marketing Center II 83,256,000 28 7 2015 Héctor Aponte
(939) 579-5630 / 90 165 Rd., Suite 401 Managing Director
www.ngkf.com Guaynabo 00968
2/1 Christiansen Commercial Real Estate American International Plaza 71,976,351 129 5 2012 Ryan G. Christiansen
(787) 778-7000 / 250 Muñoz Rivera Ave., Suite 350 President
www.christiansencommercial.com Hato Rey 00918
3/2 Reality Realty PSC 1253 Fernández Juncos Ave. 59,944,622 340 10 1996 Iván Zavala Steidel
(787) 745-8777 / (787) 523-1985 Santurce 00910 CEO
www.realityrealtypr.com
4/3 Cushman & Wakefield/ 255 Canals St. 36,600,000 29 3 1992 Fernando L. Toro
Property Concepts Commercial 3rd Floor President
(787) 977-7373 / (787) 977-8186 Santurce 00907
www.propertyconceptscommercial.com
5/7 Real Estate Center Corp. Baldrich Urb. 8,500,000 3 3 1980 Ernesto Rodríguez
(787) 250-8585 / (787) 250-1310 512-B Hostos Ave. President
www.acanapr.com Hato Rey 00918
-/- JLL/Andrew D. Carlson, a licensee of 350 Carlos Chardón Ave. N/P N/P 1 2015 Andrew D. Carlson
Jones Lang LaSalle and its Marks Suite 225 Retail Brokerage
(787) 510-7577 / Hato Rey 00918 Vice President
www.jll.com
* Acquired NAI Puerto Rico, ranked No. 4 last year.
N/P - Not Provided
Number of full-time sales associates includes part-time sales associates where applicable (every two part-time sales associates = one full-time sales associate).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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BOL_101.indd 101 1/26/17 5:35:52 PM
Atlantic University College, es la Institución de
Educación Superior especializada en Ciencias
y Artes Digitales con la mayor cantidad de
laboratorios de alta tecnología en todo • Puedes solicitar admisión en línea
• Horarios: Diurno y Nocturno
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transfórmate en líder de la era digital. • Ayudas económicas disponibles si cualificas
• Única Institución educativa en Puerto Rico galardonada
con cuatro premios EMMY®
¡Matricúlate hoy! • Estacionamiento y transportación disponible desde
Estación del Tren Urbano: Martínez Nadal
Para más detalles llama hoy
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atlanticu.edu

¡Ven y conócenos! BACHILLERATOS en


Ciencias de Animación Digital Diseño Gráfico Digital

Visita nuestro Open House MAESTRÍAS ÚNICAS EN


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con concentración en
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Artes Gráficas con Especialidad en Diseño Gráfico Digital
Atlantic University College es ACICS Accredited Member. Autorizada por el Consejo de Diseño Gráfico Digital Ciencias de la
Educación de Puerto Rico. Aprobada para los estudiantes con beneficios educativos en los Diseño Gráfico Digital con Cinematografía Digital
distintos programas del “Gi Bill®”. Para información sobre Gainful Employment Disclosure concentración en Animación
Computadorizada Diseño Gráfico Digital
Requirements visite: www.atlanticu.edu/consumer (Diciembre 2016)

102 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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Education
Private Schools 104

Technical Institutes 108

Universities 110

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As Ranked by ®

PUERTO RICO’S LARGEST PRIVATE SCHOOLS


(Listed According to Total Enrollment in School Year 2016-2017)
Current/ School Name Physical Address Total Year Enrollment Tuition Registration Language Top Executive
Previous Telephone/Fax Enrollment Founded Fees $ Payments: Period of Instruction Title
Ranking Internet/Email Address 2016-2017 Number/
Payments Eng. Spa. Other
1/2 Saint Francis School Villa Carolina Urb. 1,764 1973 460-490 10/ November- 50% 50% - Viviam Salib
(787) 762-3141 / (787) 750-7920 400 Roberto Clemente Ave. 310-320 February Director
www.saintfrancispr.org Carolina 00985
2/1 Colegio Católico Notre Dame 34 Troche St. 1,740* 1916 945-995 N/P N/P 60% 40% - Rev. Terrance E. Wall
(787) 743-3693 / (787) 258-9648 Caguas 00725 295-315 Board President
www.ccnd.org
3/3 Colegio Marista de Guaynabo Alturas de Torrimar 1,300 1964 1,050-1,350 10/ January- 25% 70% 5% Balbino Juárez
(787) 720-2186 / (787) 720-7020 6 Marcelino Champagnat St. 515-595 February President
www.maristasguaynabo.org Guaynabo 00969
4/5 Carvin School Inc. Natividad Landrau St. 1,200 1970 585-1,095 10/ All year 75% 15% 10% Carmen Philp
(787) 757-6950 / (787) 757-7570 Carolina 00987 270-335 Executive Director
www.carvinschoolinc.com
5/7 Academia Cristo de los Milagros 85 Luis Muñoz Marín Ave. 1,105 1982 730-825 10/ November- 60% 40% - Leonides Parrilla
(787) 743-4242 / (787) 746-1428 Caguas 00725 225-285 February General Director
www.yoencristo.com
6/4 Cupeyville School Cupey Bajo 1,044 1963 2,005-2,260 10/ January- 80% 20% - Ana Pagán
(787) 761-6305 / Rd. 844, Km. 0.4 395-650 May Director
www.cupeyvilleschool.org Río Piedras 00926
7/6 Academia del Perpetuo Socorro 704 José Martí St. 1,025 1921 1,910 9/ October- 50% 50% - Fr. Juan Santa
(787) 724-1447 / (787) 725-6503 Santurce 00907 620-815 February Principal/Director
www.aps-pr.org
8/8 American Military Academy Rd. 177, Km. 6.8 967 1963 750-950 10/ February- 75% 25% - Juan C. Consuegra
(787) 720-6801 / (787) 720-6841 Guaynabo 00969 525-745 May CEO
www.amapr.org
9/9 Academia Bautista de Puerto Nuevo 1136 Jesús T. Piñero Ave. 960 1956 625 10/ January- 50% 50% - Iris De León Ruiz
(787) 782-4072 / (787) 781-1901 San Juan 00920 275 May Executive Director
www.abpnpr.com
10/11 Wesleyan Academy Rd. 838, Km. 1.6 878 1955 675-1,075 10/ December- 90% 10% - Rev. Fernando Vázquez
(787) 720-8959 / (787) 790-0730 Guaynabo 00969 460-500 August Headmaster
www.wesleyanacademy.org
11/10 Colegio Bautista de Caguas Bo. Cañaboncito 864 1950 575 10/ January- 40% 60% - Damaris Santos Santos
(787) 743-3721 / (787) 743-5545 Rd. 784, Km. 2.0 262-272 March Executive Director
www.cbcaguas.org Caguas 00727
12/- Colegio Evangélico Capitán Correa Bo. Carrizales 863 1965 1,000-1,200 10/ All year 20% 75% 5% Juan C. Santiago
(787) 878-9227 / (787) 880-0395 Rd. 493 225 Executive Director
www.capitalcorrea.org Hatillo 00659
13/12 Colegio De La Salle Riverview Urb. 850 1962 260-270 10/ November- - 100% - Evelyn Agosto
(787) 785-7150 / (787) 785-7330 San Juan Bautista De La Salle St. 260-280 January Director
www.delasallebayamon.com Bayamón 00961
14/15 Saint John’s School 1454 Ashford Ave. 844 1915 1,000 Based on All year 80% 15% 5% Lorraine Lago
(787) 728-5343 / (787) 268-1454 Condado 00907 grade Head of School
www.sjspr.org
15/14 Baldwin School of P.R. Los Filtros Ave. 815 1968 10,000- Based on All year 95% 4% 1% James Nelligan
(787) 720-2421 / (787) 790-0619 Rd. 833, Km. 13.1 15,000 grade Headmaster
www.baldwin-school.org Guaynabo 00969
16/16 The Tasis School in Dorado Sabanera Urb. 793 2002 850-1,000 2/ All year 80% 10% 10% Timothy Howard
(787) 796-0440 / (787) 796-0240 11 Rd. 693 9,830- Headmaster
www.tasisdorado.com Dorado 00646 12,641
17/13 Academia Discípulos de Cristo Montañez Urb. 785 1955 450-550 10/ November- 25% 75% - Abraham Masquida
(787) 799-7717 / (787) 799-7771 Rvdo. Florentino Santana St. 255-315 July General Manager
www.academiadiscipulos.org Bayamón 00957
18/18 Dorado Academy Dorado del Mar Urb. 727 1972 770-2,120 10/ January 100% - - Nancy Escabí
(787) 796-2180 / (787) 796-7398 100 Madre Perla St. 410-460 Head of School
www.doradoacademy.org Dorado 00646
19/23 Commonwealth Parkville School Roosevelt Urb. 707 1952 375-1,500 1,2,10/ All year 100% - - Alan P. Austen
(787) 765-4411 / (787) 764-3809 100 Castillo St. 6,360- Head of School
www.cpspr.org Hato Rey 00918 11,548
20/22 Southwestern Educational Society Cuba Sector 686 1973 330 10/ All year 90% 8% 2% Wanda Ayala de Torres
(787) 834-2150 / (787) 265-2500 Rd. 108, Km. 3.2 350 Director
www.sesolion.com Mayagüez 00680
Continues on page 106

104 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 105

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As Ranked by ®
PUERTO RICO’S LARGEST PRIVATE SCHOOLS
(Listed According to Total Enrollment in School Year 2016-2017)
Current/ School Name Physical Address Total Year Enrollment Tuition Registration Language Top Executive
Previous Telephone/Fax Enrollment Founded Fees $ Payments: Period of Instruction Title
Ranking Internet/Email Address 2016-2017 Number/
Payments Eng. Spa. Other

21/19 Colegio Sagrado Corazón de Jesús University Gardens Urb. 674 1963 1,046-1,368 10/ February 50% 50% - Fr. Anulfo del Rosario
(787) 765-9430 / (787) 765-5267 215 Palma Real St. 300 Director
www.cscjpr.com Río Piedras 00927
22/23 American School Hermanas Dávila Urb. 670 1977 1,814-2,191 8/ All year 100% - - Doris Bello
(787) 780-2501 / (787) 740-0737 C-1 9th St. 262-284 President/Headmaster
www.americanschoolpr.com Bayamón 00959
23/20 Colegio Ponceño Inc. Bo. Cerrillo 668 1926 175 10/ February- 25% 75% - Fr. Emilio Sotomayor
(787) 848-2525 / (787) 259-4282 Rd. 14, Km. 6.3 365-414 April Director
www.copin.net Coto Laurel 00780
24/17 Colegio San Antonio de Padua 216 Arzuaga St. 647 1928 1,495-1,740 9/ October- 50% 50% - Sister María Ramón
(787) 764-0090 / (787) 763-7592 Río Piedras 00928 425 February Director
www.csa.edu.pr
25/21 Colegio San Ignacio de Loyola Santa María Urb. 637 1952 975 1/ January- 14% 85% 1% Flavio I. Bravo
(787) 765-3814 / (787) 758-4145 1940 Saúco St. 9,600 August President
www.sanignacio.pr Río Piedras 00927
26/28 Robinson School 5 Nairn St. 610 1902 3,400-3,900 10/ February 90% 8% 2% Cindy Ogg
(787) 999-4604 / (787) 726-2833 Santurce 00907 1,240 Head of School
www.robinsonschool.org
27/25 Academia Maria Reina College Park Urb. 595 1966 1,750 1-4/ February 45% 45% 10% Sister Judith Burchyns
(787) 764-0690 / (787) 282-7556 1879 Glasgow St. 8,950 President
www.mariareina.com Rio Piedras 00921
28/29 Colegio Bautista de Carolina Bo. Martín González 588 1947 660 10/ All year 37% 63% - Sandra Rodríguez
(787) 752-5650 / (787) 752-0460 Rd. 887, Km. 1.2 275-300 Gutierrez
www.colegiobautistadecarolina.org Carolina 00985 Executive Director
29/29 Colegio Ntra. Sra. de la Providencia 1358 San Ignacio Ave. 546 1959 420 10/ January- - 100% - Sor Lourdes Martínez
(787) 782-6344 / (787) 749-9828 Río Piedras 00921 305-320 May Principal/Director
www.colegiolaprovidencia.org
30/- Thomas Alva Edison School Alturas de Villa del Rey 535 1966 1,152-1,477 10/ November- 70% 30% - Carmen Z. Claudio
(787) 743-8355 / (787) 743-5497 34th St. 340-360 March President
www.taespr.org Caguas 00726
31/27 Colegio Lourdes 87 Mayagüez St. 525 1958 550-725 9/ February- 25% 75% - Sister Milagros Vélez
(787) 756-5436 / (787) 765-3388 Hato Rey 00917 300 June Director
www.colegiolourdes.net
32/31 Colegio San José Los Marianistas & La Paz St. 501 1938 800 4/ February- 20% 70% 10% Br. Francisco González
(787) 751-8177 / (866) 955-7644 Río Piedras 00925 1,900- May Director
www.csj-rpi.org 1,975
33/- Escuela Preescolar Elemental Rd. 175, Km. 5.2 300 1992 450-1,350 11/ October- 50% 50% - Rafael Cartagena
y Superior Daskalos Cupey Alto 00926 310-525 February President
(787) 755-0030 / (787) 755-4380
www.escueladaskalos.net
Some fees shown may not include additional charges per family. Check with the institution for further details.
Unless otherwise noted, all information was provided by the schools.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

COLEGIO SAN IGNACIO DE LOYOLA

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AL SERVICIO DE LOS DEMÁS

1940 Calle Saúco • Urbanización Santa María • San Juan • Puerto Rico 00927 • Tel. 787.765.3814 • Búscanos en:
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SAINT JOHN’S SCHOOL is a non-profit, college preparatory,
nonsectarian, coeducational day school founded in 1915. The school is
separated into three divisions: early childhood program (pre pre-kinder
to second grade), upper elementary (third through sixth grade), and
secondary school (seventh through twelfth grade).
We invite you to: x Come get to know us
x Visit our facilities
x Meet our faculty and administration
x Schedule a student visit for your son/daughter

Learn more about x Schoolwide Enrichment Model


x Athletic Program
our programs:
x Advanced Placement Courses
x College Acceptances

For more information and/or to schedule an


appointment, contact the Admissions Office at:
787-728-5343 ext. 2225
787-728-5356
On weekends & holidays: 787-479-4394
admissions@sjspr.org
Discovering Individual Talents, Elevating Learning for All

1454 Ashford Ave., San Juan, PR 00907 www.sjspr.org Saint John’s School PR sjspr @sjspr1915

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 107

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As Ranked by ®
PUERTO RICO’S LARGEST TECHNICAL INSTITUTES
(Listed According to Number of Students Enrolled in 2015-2016 School Year)
Current/ Institution Name No. of No. of Total Location of Type of Tuition $ Year Top Executive
Previous Main Address Students Full-Time Faculty Campus(es) Institution Per Credit Established Title
Ranking Internet Address Enrolled Faculty Hour in P.R. Telephone/Fax
Public Private
1/1 Instituto de Banca y Comercio 20,500* N/P N/P San Juan, Ponce, Mayagüez, - X N/P 1975 Michael Bannett
56 Rd. 20 Guayama, Manatí, Aguadilla, CEO/President
Guaynabo 00966 Fajardo, Carolina, Caguas, (787) 982-3000 / (787) 982-3075
www.ibanca.net Humacao, Bayamón, Arecibo
2/3 Mech-Tech College LLC 4,100* N/P N/P Caguas, Ponce, Mayagüez, - X N/P 1984 Edwin J. Colón
West Ind. Park, 39-40 B St. Vega Baja, Bayamón, President
Caguas 00725 Río Piedras, Orlando (Fla.) (877) 800-8033 / (787) 744-1035
www.mechtech.edu
3/4 Instituto Tecnológico 2,917 209 N/P Guayama, Manatí, Ponce, X - 30 1951 Rafael Román Meléndez
de Puerto Rico San Juan Secretary of Education
Tres Monjitas Ind. Park (787) 773-6682 / (787) 764-3233
38 Calaf St.
Hato Rey 00919
www.itec.pr
4/- EDIC College 2,000 183 84 Caguas, Carolina, Bayamón - X N/A 1982 José A. Córdova
5 Génova St. President
Caguas 00726 (787) 704-1020 / (787) 746-4800
www.ediccollege.edu
5/5 ICPR Junior College 1,969 50 181 Hato Rey, Mayagüez, Arecibo, - X N/A 1946 Olga Rivera
470 Ponce de León Ave. Bayamón, Manatí CEO/President
Hato Rey 00918 (787) 753-6335 / (787) 622-3416
www.icprjc.edu
6/6 Centro de Estudios 1,950 12 175 San Juan, Humacao, - X 145 1979 Juan Carlos Pagani Soto
Multidisciplinarios Bayamón, Mayagüez President
San Agustín Ext., 1206 13th St. (787) 765-4210 / (787) 765-4277
Río Piedras 00926
www.cempr.edu
7/7 Automeca Technical College Inc. 1,700* N/P N/P Bayamón, Caguas, Ponce, - X N/A 1982 Héctor L. Ortíz
Hwy. 2, Km. 14.0 Aguadilla Chairman
Bayamón 00961 (787) 779-6161 / (787) 779-6200
www.automeca.com
8/8 Colegio Universitario de San Juan 1,400 30 80 Hato Rey X - 85 1969 Haydee Zayas Hernández
180 José Oliver St. Chancellor
Hato Rey 00918 (787) 480-2400 / (787) 250-7395
www.cunisanjuan.edu
9/13 Escuela Hotelera de San Juan Inc. 965 N/P 18 San Juan, Mayagüez - X N/P 1997 Sylvia B. Cestero
229 Guayama St. President
Hato Rey 00917 (787) 759-7599 / (787) 281-6855
www.escuelahotelera.edu
10/12 Liceo de Arte y Tecnología 883 22 32 San Juan - X 180 1964 Gretchen Manzanal
405 Ponce de León Ave. CEO/President
Hato Rey 00918 (787) 999-2473 / (787) 754-8234
www.liceopr.com
11/9 D’Mart Institute 800 20 40 Barranquitas, Vega Alta - X 215 1985 Juan C. Vargas Rivera
Bonneville Terrace Urb. CEO/President
A16 Degetau Ave. (787) 263-0353 / (787) 263-1481
Caguas 00725
www.dmartpr.com
12/14 Trinity College of Puerto Rico 451 12 26 Ponce - X 140 1988 María del Pilar Bonnin Orozco
834 Hostos Ave. Executive Director
Ponce 00716 (787) 848-5739 / (787) 284-2537
www.trinitypr.edu
13/15 Colegio Mayor de Tecnología 300 25 25 Arroyo - X N/A 1976 Mancio Vicente
151 Morse St. President
Arroyo 00714 (787) 839-5266 / (787) 839-0033
www.cmtarroyo.com
N/A - Not Applicable. Tuition is per course and varies depending on the course.
N/P - Not Provided
MBTI of P.R. Inc., ranked No. 2 last year, closed operations in Sepetember 2016.
Unless otherwise noted, all information was provided by the institutions.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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Estudia con la institución que integra Para más información acerca de los porcientos de graduación, la media de deuda para los
que completaron el programa y otra información importante, favor de visitar nuestra web
la tecnología en el salón de clases. en http://escuelahotelera.edu/page_id=2301.*El recinto de Mayagez está acreditado por
la Accrediting Commission of Career Schools and Colleges (ACCSC), CADIE y licenciado
por el CEPR. **El recinto de San Juan esta acreditado por ACCSC, acreditado y licenciado
por el CEPR y acreditado por CADIE. La Escuela Hotelera de San Juan no discrimina
contra persona alguna por razón de lugar de nacimiento, sexo, raza, etnia, orientación
sexual, condición social, impedimento físico, ideas políticas o creencias religiosas. La
Escuela Hotelera de San Juan provee asitencia en colocación de empleo, no garantiza
empleo. Ciertas restricciones aplican. Institución aprobada por Rehabilitación Vocacional/
Consorcios/Veteranos. La Escuela Hotelera de San Juan está autorizada bajo la ley federal
a matricular estudiantes no inmigrantes (Categoria M-1). Solo aplica al recinto de San
Juan.Tableta incluída en la matrícula de los programas.

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 109

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As Ranked by ®

PUERTO RICO’S LARGEST UNIVERSITIES


(Listed According to Total Enrollment School Year 2015-2016)
Current/ Institution Name Total No. of Location of Undergraduate Year Top Executive
Previous Main Address Enrollment Full-Time Campus(es) Tuition Cost $ Established Title
Ranking 2015-2016 Faculty Per Credit in P.R. Telephone/Fax
Internet Address
1/1 University of Puerto Rico 59,924 4,239 Río Piedras, Mayagüez, Cayey, 55 1903 Uroyoán R. Walker Ramos
South Botanical Garden Humacao, Arecibo, Bayamón, President
1187 Flamboyán St. Ponce, Aguadilla, Carolina, Utuado (787) 759-6061 / (787) 759-6917
Río Piedras 00926 www.upr.edu
2/2 Ana G. Méndez University System Inc. 44,518 3,496 1. Gurabo, Cayey, Yabucoa, 201 1949 José F. Méndez
Ana G. Méndez Ave. Ponce, Barceloneta, Isabela President
Rd. 176, Km. 0.3 2. San Juan, Aguadilla, Bayamón, Jayuya (787) 751-0178 / (787) 751-3336
Cupey 00926 3. Carolina, Santa Isabel, Cabo Rojo, www.suagm.edu
Yauco, Utuado, Barceloneta
3/3 Inter American University of Puerto Rico 40,852 815 Aguadilla, Arecibo, Barranquitas, 178 1912 Manuel J. Fernós
399 Galileo St. Bayamón, Fajardo, Guayama, President
Río Piedras 00927 San Juan, Ponce, San Germán (787) 766-1912 / (787) 751-3375
www.inter.edu
4/4 Pontifical Catholic University of Puerto Rico 11,000 439 Ponce, Arecibo, Mayagüez 190 1948 Jorge I. Vélez Arocho
2250 Luis A. Ferré Blvd., Suite 564 President
Ponce 00717 (787) 841-2000 / (787) 987-7459
www.pucpr.edu
5/5 National University College 8,082 154 Bayamón, Arecibo, Río Grande, Ponce, 170 1982 Gloria E. Baquero Lleras
Hwy. 2, Km. 11.2 Caguas President
Bayamón 00961 (787) 780-5134 / (787) 786-9093
www.nuc.edu
6/6 Dewey University 7,328 342 San Juan, Carolina, Bayamón, 140 1992 Carlos A. Quiñones Alfonso
427 Barbosa Ave. Mayagüez, Juana Díaz, Fajardo, Manatí President
San Juan 00923 (787) 753-0039 / (787) 764-6303
www.dewey.edu
7/7 Universidad del Sagrado Corazón 5,060 95 Santurce 200 1935 Gilberto J. Marxuach Torrós
San Antonio & Rosales Sts. President
Santurce 00914 (787) 728-1515 / (787) 268-8847
www.sagrado.edu
8/9 Caribbean University 4,535 89 Bayamón, Carolina, Vega Baja, Ponce 180 1969 Ana E. Cucurella Adorno
Forest Hills Urb. President
Rd. 167, Km. 21.2 (787) 780-0070 / (787) 999-8254
Bayamón 00959 www.caribbean.edu

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As Ranked by ®

PUERTO RICO’S LARGEST UNIVERSITIES


(Listed According to Total Enrollment School Year 2015-2016)
Current/ Institution Name Total No. of Location of Undergraduate Year Top Executive
Previous Main Address Enrollment Full-Time Campus(es) Tuition Cost $ Established Title
Ranking 2015-2016 Faculty Per Credit in P.R. Telephone/Fax
Internet Address
9/8 Polytechnic University of Puerto Rico 4,511 135 San Juan, Miami, Orlando (Fla.) 200 1966 Ernesto Vázquez Barquet
377 Ponce de León Ave. President
Hato Rey 00918 (787) 622-8000 / (787) 763-8919
www.pupr.edu
10/10 EDP University of Puerto Rico Inc. 2,230 73 Hato Rey, San Sebastián, Manatí, 170 1969 Gladys T. Nieves Vázquez
560 Ponce de León Ave. Humacao President
Hato Rey 00918 (787) 765-3560 / (787) 777-0025
www.edpuniversity.edu
11/12 Universidad Central de Bayamón 2,221 34 Bayamón 185 1961 Lilliam Negrón Colón
La Milagrosa Urb. President
Zaya Verde Ave. (787) 786-3030 / (787) 740-2200
Bayamón 00959 www.ucb.edu.pr
12/13 American University of Puerto Rico 2,152 28 Bayamón, Manatí 189 1963 Juan C. Nazario Torres
Bo. Hato Tejas President
Hwy. 2, Km. 14.7 (787) 620-2040 / (787) 785-7377
Bayamón 00960 www.aupr.edu
13/14 Atlantic University College 2,125 51 Guaynabo 140 1983 Teresa de Dios Unanue
9 Colton St. President
Guaynabo 00969 (787) 720-1022 / (787) 720-1092
www.atlanticu.edu
14/11 Columbia Central University 2,060 31 Caguas, Yauco N/A 1966 Daritza Mulero Méndez
Rd. 183, Km. 1.7 President
Caguas 00726 (787) 743-4041 / (787) 746-5616
www.columbiacentral.edu
15/15 Universidad Adventista de las Antillas 1,574 43 Mayagüez 175 1961 Obed Jiménez
Bo. La Quinta President
Rd. 106, Km. 2.2 (787) 834-9595 / (787) 834-9597
Mayagüez 00680 www.uaa.edu
16/- Universidad Carlos Albizu 1,367 27 San Juan, Mayagüez, Miami (Fla.) 167 1966 Sylvia López Jorge
151 Tanca St. President
San Juan 00901 (787) 725-6500 / (787) 721-7187
www.albizu.edu

9 RECINTOS Y 2 ESCUELAS PROFESIONALES CON


105 AÑOS DE EXPERIENCIA QUE ESPERAN POR TI.

MÁS DE 200 PROGRAMAS ACADÉMICOS


A ESCOGER EN INTER.EDU

AYUDAS ECONÓMICAS DISPONIBLES, SI CUALIFICAS


Llama al 787-754-7597 o búscanos en las redes sociales para más información.

¡Matricúlate ya!
La UIPR posee Licencia de Renovación del Consejo de Educación de Puerto Rico y está acreditada por la Middle States Commission on Higher Education (MSCHE).

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 111

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As Ranked by ®

PUERTO RICO’S LARGEST UNIVERSITIES


(Listed According to Total Enrollment School Year 2015-2016)
Current/ Institution Name Total No. of Location of Undergraduate Year Top Executive
Previous Main Address Enrollment Full-Time Campus(es) Tuition Cost $ Established Title
Ranking 2015-2016 Faculty Per Credit in P.R. Telephone/Fax
Internet Address
17/- Huertas College 1,185 12 Caguas 200 1966 María del Mar López
41 Héctor R. Bunker St. President
Caguas 00726 (787) 746-1400 / (787) 743-0203
18/- Humacao Community College 861 13 Humacao 137 1978 Jorge E. Mojica Rodríguez
69 Georgetti St. President
Humacao 00791 (787) 852-1430 / (787) 850-1577
www.hccpr.edu
19/18 Escuela de Artes Plásticas y Diseño de P.R. 573 16 San Juan 90 1963 Carlos Rivera Pérez
Bo. Ballajá Interim Dean
El Morro Fort Grounds (787) 725-8120 / (787) 725-8111
San Juan 00901 www.eap.edu
20/17 Conservatorio de Música de Puerto Rico 450 53 San Juan 105 1959 Luis Hernández Mergal
951 Ponce de León Ave. Chancellor
Santurce 00907 (787) 751-0160 / (787) 766-1216
www.cmpr.edu
1. Universidad del Turabo
2. Universidad Metropolitana
3. Universidad del Este
N/A - Not Applicable
Universiy of Phoenix, ranked No. 16 on last year’s chart, is no longer recruiting new students
since September 2015.
Universities listed are certified by the Council of Higher Education.
Unless otherwise noted, all information was provided by the institutions.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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Green Industry
Renewable Energy Products
& Services Companies 114

Agribusiness Companies 115

Environmental Firms 116

Recycling Companies 117

Landscaping Services Companies 118

Waste Disposal Firms 119

BOL_113.indd 113 1/27/17 11:15 AM


As Ranked by ®
PUERTO RICO’S MAIN
RENEWABLE ENERGY PRODUCTS & SERVICES COMPANIES
(Listed According to Number of Full-Time Employees as of March 2016)
Current/ Company Name Physical Address No. of Main Line of Business Year Top Executive
Previous Telephone/Fax Full Time Established Title
Ranking Internet/Email Address Employees in P.R.
1/- Aireko Energy Bairoa Ind. Park 90 Photovoltaic systems installation 2006 Waldemar Toro
(787) 653-6300 / (787) 653-0121 Las Casas St., Suite 20 President
www.aireko.com Caguas 00725
2/1 Máximo Solar Industries Bo. Corrales 67 Photovoltaic systems sales & installation 2009 Máximo Torres
(787) 891-8080 / (787) 882-5943 Rd. 459, Km. 2.5 CEO
www.maximosolar.com Aguadilla 00603
3/4 New Energy Consultants & Contractors LLC 171 Carlos Chardón Ave. 34 Photovoltaic systems assembly & installation 2008 Alejandro Uriarte
(787) 946-0522 / Suite 302 CEO
www.newenergypr.com Hato Rey 00918
4/3 Universal Solar Products Inc. 1108 F.D. Roosevelt Ave. 26 Solar water heaters sales & installation 1965 Moisés Almansa
(787) 781-5555 / (787) 783-7733 San Juan 00920 President
www.universalsolar.com
5/2 Genesis Green Systems Corp. Valle Escondido 19 Photovoltaic energy systems design, installation & 2010 Walter Muller
(787) 200-8787 / C-28 3rd. St. maintenance CEO/President
www.genesisgreenpr.com Guaynabo 00969
6/5 Planet Solar Altamira Urb. 15 Photovoltaic systems design & installation 2013 Ben Siebert
(787) 303-4220 / (939) 336-1365 592 Aldebarán Ave. CEO/President
www.planetsolar.com San Juan 00920
7/7 Puerto Rico Solar Products Rd. 111, Km. 5.9 15 Solar water heaters distributor 1989 Roberto Colón
(787) 877-0011 / (787) 877-0499 Moca 00676 Owner
www.prsolarproducts.com
8/6 Aspenall Energies LLC Casa Bonita Business Center 13 Renewable energy systems 2007 Raoul G. Slavin
(787) 796-4487 / (787) 796-4409 875 Rd. 693, Suite 101 Managing Director
www.aspenall.com Dorado 00646
9/- Sun Pro P.R. Inc María Julia Ind. Park 13 Solar panel installation, design & permit processing 2008 Franklin E. Fuster
(787) 774-7974 / (787) 731-1092 696 B St., Suite 1 President
www.sunpropr.com San Juan 00920
10/10 Solar Roots LLC Baldrich Urb. 11 Photovoltaic systems design, installation, certification, 2013 Carlos Martínez
(787) 687-0104 / 596 Hostos Ave. maintenance & interconnection President
www.solarrootspr.com Hato Rey 00918
11/8 Green Energy Systems Corp. 3 Ernesto Ramos Antonini St. 10 Renewable energy systems sales, energy auditing, 2007 Jeramfel Lozada
(787) 912-7402 / (787) 912-7405 Las Piedras 00771 electrical design President
www.greenergysys-pr.com
11/8 Tanagua (Energía 2000 Inc.) Rd. 167, Km. 17.2 10 Solar water systems design, solar water heaters & 1978 Isaili Mariñez
(787) 730-2000 / (787) 730-2027 Bayamón 00957 water tanks maintenance CEO
www.tanagua.com
13/11 Ciro Energy Corp. 151 Federico Costas St. 5 Solar & wind power equipment sales & lease, 2011 Mario Tomasini
(787) 993-5996 / (787) 963-0900 Suite 2 renewable energy solutions President
alberto@ciroenergygroup.com Hato Rey 00917
14/12 Acevedo Solar System LLC Bo. Capá 4* Solar water heaters & water tanks distributor 1985 Graciano Acevedo
(787) 877-4270 / (787) 818-1320 Rd. 111, Km. 12.2 President
www.acevedosolarsystem.com Moca 00676
15/13 Nextility Inc. Puerto Rico 1064 Ponce De León Ave. 3 Photovoltaic systems installation 2013 David Steinberg
(787) 607-6320 / Suite 201 CEO
www.nextility.com Río Piedras 00925
* CARIBBEAN BUSINESS estimate
List includes companies that sell renewable energy products and/or offer related services in Puerto Rico.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®

PUERTO RICO’S LARGEST AGRIBUSINESS COMPANIES


(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of Main Line of Business Year Top Executive
Previous Telephone/Fax Gross Full-Time Established Title
Ranking Internet/Email Address Revenue $ Employees in P.R.
1/1 Suiza Dairy Corp. 131 De Diego Ave. 226,000,000 811 Dairy products, fruit beverage & 1942 Francisco R. Pérez
(787) 792-7300 / (787) 782-8120 Río Piedras 00921 juice manufacturer General Manager
www.suizapr.com
2/2 Molinos de Puerto Rico Inc. Sabana Ind. Park 205,000,000* 97 Wheat & corn flour, rice & animal 1958 Jon D. Stuewe
(787) 793-1111 / (787) 793-1030 Hwy. 165, Km. 1.1 feed ingredients manufacturer President/General Manager
www.amapolapr.com Cataño 00965
3/3 Vaquería Tres Monjitas Inc. 215 Federico Costa St. 124,619,823 452 Dairy products, fruit beverage & 1918 Jaime Fonalledas Rubert
(787) 474-1818 / (787) 753-8836 Hato Rey 00918 juice manufacturer President
www.tresmonjitas.com
4/4 To-Ricos Ltd. Bo. Asomante 84,660,033 426 Poultry processor 1958 Víctor Mario Hernández
(787) 735-8061 / (787) 735-6488 Rd. 14, Km. 48 Complex Manager
www.pilgrims.com Aibonito 00705
5/5 Puerto Rico Coffee Roasters LLC Minillas Ind. Park 70,000,000* 124 Coffee processor 2008 Alberto de la Cruz
(787) 288-6400 / (787) 288-6527 Rd. 174, Lot 107 President
www.puertoricocoffeeroasters.com Bayamón 00959
6/6 Pan American Grain Mfg. Co.** Amelia Ind. Park 58,000,000* 355 Animal feed, fertilizer, juice & rice 1980 José González
(787) 273-6100 / (787) 273-6872 9 Claudia St. manufacturer & distributor, President
www.panamericangrain.com Guaynabo 00968 coffee processor
7/7 Industria Lechera de P.R. Inc. 198 Chardón Ave. 56,462,415 90 Dairy products manufacturer 1952 Larry A. Lugo Cruz
(787) 753-0974 / (787) 753-0951 Hato Rey 00918 President
www.indulacpr.com
8/8 Federación Asociaciones Pecuarias Inc. Punta Algarrobo Ind. Park 37,092,066 76 Animal feed manufacturer 1972 Antonio J. Sisco
(787) 834-9191 / (787) 833-5680 1st. St. Executive President
contacto@alimentosfederacion.com Mayagüez 00680
9/9 Agro Servicios Inc. 271 Guayama St. 20,644,607 33 Agricultural chemicals, irrigation 1978 Pedro Vivoni Beaty
(787) 756-8181 / (787) 753-6188 Hato Rey 00917 systems, fertilizer, garden & animal President
www.agroserviciospr.com health products distributor
10/11 Martex Farms S.E. Hwy. 1, Km. 96.2 14,500,000* 350 Tropical fruits & plant grower, 1999 Venancio C. Martí
(787) 845-4909 / (787) 845-5937 Santa Isabel 00757 processor & packer President
www.martexfarms.com
11/10 Gargiulo P.R. Inc. Bo. Velázquez 13,560,000 490 Tropical fruits & vegetables grower, 1987 Mike Sullivan
(787) 845-2530 / (787) 845-2328 Hwy. 1, Km.105.8 processor & packer CEO
gfernandez@gargiulofarms.com Santa Isabel 00757
12/12 Ganaderos Alvarado Inc. Bo. La Planta 11,147,913 80 Meat processor & slaughter house 1983 Juan A. Alvarado
(787) 879-2404 / (787) 879-1029 Rds. 10 & 636 President
www.ganaderosalvarado.com Arecibo 00612
13/13 Corporación Avícola Morovis Inc. Bo. Fránquez 6,000,000 26 Egg processor & distributor 1996 Juan F. De la Vega
(787) 862-7722 / (787) 862-3032 Rd. 634, Km. 2.2 President
corpavicola@aol.com Morovis 00687
14/14 Empresas Agrícolas de Puerto Rico Inc. Bo. Bairoa 4,250,000* 5 Egg processor & distributor 1997 Robert Miller
(787) 745-5005 / (787) 745-5001 Hwy. 1, Km. 32.7 President
empresasagricolas@gmail.com Caguas 00725
15/15 El Verde Poultry Farms Inc. Bo. Fránquez 3,000,000 5 Animal feed manufacturer 1965 Juan F. De la Vega
(787) 862-7722 / (787) 862-3032 Rd. 634, Km. 2.2 President
molinoselverde@gmail.com Morovis 00687
16/16 Margo Caribe Inc. Rd. 690, Km. 5.8 2,000,000 13 Garden products distributor 1984 Michael J. Spector
(787) 883-2570 / (787) 883-3244 Vega Alta 00692 Chairman/CEO
www.margocaribe.com
* CARIBBEAN BUSINESS estimate
** Pan American Grain Mfg. Co. includes subsidiary Pan American Fertilizer.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 115

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As Ranked by ®
PUERTO RICO’S LARGEST ENVIRONMENTAL FIRMS
(Listed According to 2015 Revenue from Environmental Services)
Current/ Company Name Physical Address 2015 Revenue $ No. of Specialized Other Services Provided Top Executive
Previous Telephone/Fax From Full-Time Services Title
Ranking Internet Address Environmental Employees
Services

Laboratory

Consulting

Recycling
1/8 Right Way Environmental Bo. Quebradillas 11,682,199 70 - X - - Pedro Tejada
Contractors Inc. Rd. 152, Km. 7.6 Vice President
(787) 857-8832 / (787) 857-6068 Barranquitas 00794
www.rightwaypr.com
2/1 Landfill Technologies LLC & Affiliates Rd. 189, Km. 9 10,300,000 300 - X - Landfill management & environmental Carlos Contreras
(787) 273-7639 / (787) 687-0337 Gurabo 00778 remediation President
www.conwastepr.com
3/2 Altol Environmental Services Inc. Sabanetas Ind. Park 8,000,000 10 X X X Technical expertise in environmental Alving Tollinchi
(787) 835-4242 / (787) 848-6299 Bldg. M 1380 site assesments, permitting & industrial CEO
www.altolenterprises.com Ponce 00731 hygiene
4/4 Environmental Resources 250 Ponce de León Ave. 5,742,312 17 - X - Air quality management, remediation, Hugo Mariani
Management P.R. Inc. Suite 900 demolition, wastewater collection, Managing Partner
(787) 622-0808 / Hato Rey 00918 human health & ecological risk,
www.erm.com hydrogeology, risk management
5/6 Environmental Quality Laboratories Inc. Minillas Ind. Park 5,500,000 61 X - - Field sampling & analysis, chemical, Gerardo R. Sarriera
(787) 288-6420 / (787) 288-6564 60 E St. microbiology, water & wastewater President
www.eqlab.com Bayamón 00959 analytical testing, certification
6/3 Arcadis Caribe PSC** Las Vistas Shopping Village 5,000,000 19 - X - Environmental engineering Melissa L. Pomales
(787) 755-1919 / (787) 755-1922 300 Felisa Rincón de Gautier Ave. Director
www.arcadis.com Río Piedras 00926
7/5 CSA Group CSA Plaza, Suite 500 4,500,000* 10* - X - Project & program management, Jesús J. Suárez
(787) 641-6800 / (787) 641-6850 1064 Ponce de León Ave. feasibility studies CEO
www.csagroup.com Santurce 00907
8/7 Safety-Kleen Systems Inc. Hwy. 2, Km. 51 4,200,000 12 X X X Hazardous & nonhazardous waste Julio E. Delgado
(787) 921-7302 / (787) 884-4452 Manatí 00674 management & disposal General Manager
www.safety-kleen.com
9/9 Ertec PSC Reparto Landrau Urb. 3,390,950 25 - X - Geoenvironmental drilling José C. Agrelot
(787) 792-8902 / (787) 783-5555 A5 Amur St. Principal
www.ertecpr.com San Juan 00921
10/10 Caribe Hydroblasting Corp. Rd. 385, Km. 2.7 2,852,632 41 - - - Industrial maintenance, lead abatement, Jorge Arrufat
(787) 836-1110 / (787) 836-0577 Peñuelas 00624 oil spill cleanup, bioremediation, President
www.chedcaribe.com underground storage tank removal &
closure, insulation
11/- Central Industrial Services Inc. Hwy. 2, Km. 57.2 1,926,721 160 - - - Lead & asbestos abatement, thermal Enrique Pérez
(787) 846-5454 / (787) 846-0369 Barceloneta 00617 insulation, scaffold installation President
www.centralindustrialpr.com
12/11 Jaca & Sierra Engineering PSC Bo. Las Cuevas 1,800,000 43 X X - Geotechnical engineering, construction Carlos R. Sierra
(787) 761-2570 / (787) 748-6970 Rd. 850, Km. 0.2 material testing, environmental studies, President
www.jacasierra.com Trujillo Alto 00976 QA/QC
* CARIBBEAN BUSINESS estimate
** Formerly known as MP Engineers of P.R. PSC
Companies may generate revenue from other sources.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones Del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

Securing a sustainable future.


Our people create value through built and natural assets that work in harmony with
their surroundings. Whether we’re rejuvenating aging infrastructure, improving coastal
resiliency, restoring blighted sites or securing clean water, we deliver outcomes that
improve quality of life, safely and sustainably, for you and your community.

Arcadis.
Improving quality of life.

W W W. A RC A D I S .CO M

116 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST RECYCLING COMPANIES


(Listed According to Number of Full-Time Employees as of June 2016)
Current/ Company Name Physical Address No. of Locally Types of Materials Recycled Year Top Executive
Previous Telephone/Fax Full-Time Owned Established Title
Ranking Internet/Email Address Employees Company in P.R.
1/1 IFCO Recycling Inc. Bo. Bairoa 172* Yes Metal, paper, cardboard, foam, plastics 1967 Guillermo Tous
(787) 653-4300 / (787) 653-4306 Hwy. 1, Km. 32.2 President
www.ifcopr.com Caguas 00725
2/2 Reciclaje del Norte Inc. Hwy. 2, Km. 88.1 130 Yes Paper, cardboard, newspapers, metal, 1996 Luis Sánchez
(787) 262-0305 / (787) 262-0300 Hatillo 00659 plastics, electronics, glass President
www.reciclajedelnorte.com
3/3 Olein Recovery Corp. 500 Ernesto Carrasquillo Rd. 115 Yes Motor oil 2004 Jorge González
(787) 266-2103 / (787) 893-0224 Yabucoa 00767 President
www.oleinrecovery.com
4/4 Carolina Recycling Corp. Rd. 189, Km. 9 80 Yes Paper, plastics, metal 1993 Carlos Contreras
(787) 273-7639 / (787) 687-0337 Gurabo 00778 President
www.conwastepr.com
5/5 Borinquen Metals Corp. Bo. Turabo 55 Yes Ferrous & nonferrous metal 1981 Ramón Lizardi
(787) 747-5850 / (787) 747-5999 Hwy. 1, Km. 39.8 President
www.borinquenmetals.com Caguas 00726
6/5 Schnitzer Steel P.R. Inc. Bo. Aguirre 50* No Ferrous metal 2009 Ellsworth Mink
(787) 824-6133 / (787) 824-3503 Hwy. 3, Km. 156.4 Regional General Manager
www.schnitzersteel.com Salinas 00751
7/7 Hugo Neu Environmental LLC Rd. 834, Km. 0.8 31 No Metal, paper, electronics, plastics, 2013 Mariedy Collazo
(787) 765-5858 / (646) 810-3897 Guaynabo 00969 cardboard President
www.hugoneuenvironmental.com
8/8 Oil Energy System Inc. 256 Concordia St. 24 Yes Oil 1997 José A. González
(787) 832-5757 / (787) 832-5780 Mayagüez 00680 President
rodriguezk@oespr.net
9/- E-Cycling Puerto Rico Inc. Bo. Cataño 20 Yes Paper, electronics, plastics, 2008 José M. Rivera
(787) 285-5686 / (787) 285-5687 Hwy. 3, Km. 85.6 flourescent lamps, batteries President
www.e-cyclingpr.com Humacao 00792
9/9 Environics Recycling Services Inc. Hwy. 1, Km. 18.4 20 Yes Oil, batteries, mercury light bulbs, 1991 Thomas J. Danner
(787) 745-7891 / (787) 286-8151 San Juan 00926 electronics, flourescent lamps President
www.environicsgrouppr.com
11/10 Shred-it Puerto Rico Minillas Ind. Park 16 No Paper, electronics 1997 Juan P. Valcarce
(787) 751-0043 / (787) 759-7352 449 E St., Suite 2 General Manager
www.shredit.com Bayamón 00959
12/11 W.R. Recycling Inc. Bo. Bajura 15 Yes Nonferrous metal, glass, paper, plastics, 2002 Waldemar Ramos
(787) 254-4328 / (787) 254-4328 Rd. 103, Km. 2.3 cardboard, batteries President
www.wrrecycling.com Cabo Rojo 00623
13/12 Smurfit Kappa Fibras Internacionales Reparada Ind. Park 10 No Paper, newspapers, cardboard 1974 Carlos Marchena
de Puerto Rico Inc. A St., Lot 10 Operations Manager
(787) 843-7145 / (787) 812-0540 Ponce 00730
www.smurfitkappa.com
* CARIBBEAN BUSINESS estimate
Number of full-time employees corresponds to recycling divisions and includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies and/or obtained from their websites and/or public records.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 117

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As Ranked by ®
PUERTO RICO’S LARGEST LANDSCAPING SERVICES COMPANIES
(Listed According to 2015 Landscaping Services Revenue)
Current/ Company Name 2015 No. of Percentage Other Services Major Projects in 2015 Year Top Executive
Previous Physical Address Landscaping Full-Time of Business Activity Offered Established Title
Ranking Services Employees in P.R. Telephone/Fax

Government
Revenue $ Internet/Email Address

Commercial

Residential

Industrial
1/1 Landscape Contractors & 9,183,953 250 55% 10% 30% 5% Ornamental plants Mall of San Juan 1987 Joaquín Martínez
Designers LLC nursery Plaza Caribe President
Rd. 165, Km. 17.2 Sartorius Stedim (787) 794-2620 / (787) 794-4846
Toa Baja 00949 www.lcd-pr.com
2/2 Twin’s Landscaping Corp. 5,031,347 76 15% 5% 15% 65% Construction, painting, Municipality of Bayamón 1996 Jorge Rodríguez
Santa Juanita Urb. remodeling Fort Buchanan Base President
NB-IB Quina St. Coast Guard, Aguadilla (787) 786-4026 / (787) 946-0812
Bayamón 00956 www.twinslandscaping.com
3/3 Gramaslindas Landscape Inc. 1,950,000 45 45% 20% 30% 5% Green areas Municipality of Caguas 2006 José L. Mendoza
Bo. Higuillar maintenance, Municipality of Mayaguez President
Rd. 691, Km. 1.9 water truck irrigation (787) 796-4220 / (787) 796-4120
Dorado 00646 www.gramaslindas.com
4/4 American Lawn 980,000 20 98% - 2% - Tree maintenance, Parque del Niño 1977 César Pérez
Maintenance Inc. erosion control & Walgreens President
18 Guayama St., Suite 5 hydroseeding Food & Drug (787) 753-1730 / (787) 756-6202
Hato Rey 00917 Administration www.americanlawnpr.com
5/5 Grounds Associates Inc. 906,719 18 40% 20% 20% 20% Landscape lighting, Dorado Beach Resort 2004 Víctor R. Martínez
Bo. Hato hydroseeding, tree San Patricio Village President
Rd. 183, Km. 7.0 maintenance Chalets de la Fuente II (787) 937-5500 / (787) 937-0018
San Lorenzo 00754 www.groundsassociates.com
Number of full-time employees includes part-time employees were applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

118 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST WASTE DISPOSAL FIRMS


(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 Gross No. of Year Services Provided Top Executive
Previous Telephone/Fax Revenue $ Full-Time Established Title
Ranking Internet/Email Address Employees in P.R.
1/1 Consolidated Waste Services LLC Rd. 189, Km. 9 90,000,000 989 1993 Removal & disposal of nonhazardous waste, recycling, Carlos Contreras
(787) 273-7639 / (787) 687-0337 Gurabo 00778 landfill management President
www.conwastepr.com
2/2 E.C. Waste LLC Bo. Buena Vista 55,000,000* 307 1996 Removal & disposal of nonhazardous waste, recycling, Randy L. Jensen
(787) 852-4444 / (787) 285-6123 Hwy. 3, Km. 2.5 transfer station & landfill disposal CEO/President
rjensen@ecwaste.com Humacao 00791
3/3 Republic Services Bo. Palmas 38,000,000* 231 1961 Removal & disposal of nonhazardous waste, recycling, Jorge Díaz
(787) 788-7171 / (787) 788-7106 Lot 5, A St. consulting General Manager
www.republicservices.com Cataño 00962
4/4 Andrés Reyes Burgos Inc. Bo. Juana Matos 20,780,379 450 1977 Removal & disposal of nonhazardous waste, recycling Siria Reyes Rivera
(787) 788-1075 / (787) 788-1059 371 Barbosa Ave. President
www.arbinc.net Cataño 00962
5/5 Clean Harbors Caribe Inc. Bo. Palmas 12,000,000 44 2001 Recycling & incineration, removal & disposal of María Teresa Méndez
(787) 641-5393 / (787) 641-5391 Rd. 869, 2nd St. hazardous & nonhazardous waste, remediation, President
www.cleanharbors.com Cataño 00962 industrial maintenance
6/6 Stericycle of P.R. Inc. Julio N. Matos Ind. Park 9,500,000 63 1999 Incineration, removal & disposal of nonhazardous & Ángel Rivera Morales
(787) 752-1350 / (787) 724-1714 Lot 15 hazardous waste General Manager
www.stericycle.com Carolina 00988
7/7 Central Waste Services Inc. Garrochales Sector 4,293,232 15 2001 Recycling, removal disposal of nonhazardous waste, José J. Berrios Rivera
(787) 846-1010 / (787) 815-4444 Rd. 683, Km. 1.6 environmental services, asbestos & lead abatement President
office@centralwastepr.com Arecibo 00612
8/8 A&A Waste Management Inc. Bo. Aguas Claras 2,380,000 17 1989 Removal & disposal of nonhazardous waste, recycling, Steve W. Delgado
(787) 885-1990 / (787) 885-1653 Hwy. 3, Km. 58.3 waste equipment repair CEO
www.aawastepr.com Ceiba 00735
9/9 V.A. Waste Management Corp. Levittown Urb. 1,975,000* 40 2003 Removal & disposal of nonhazardous waste Víctor Allende
(787) 261-5045 / (787) 261-7581 2001 Paseo Azalea President
vawaste@ymail.com Toa Baja 00950
10/10 R4 Enterprises Corp. Bo. El Pastillo 1,650,000* 12 1997 Recycling, closures of underground storage tanks, Melvin González
(787) 675-9600 / (787) 260-6003 Hwy. 2, Km. 113.6 removal & disposal of hazardous of nonhazardous President
www.r4web.com Juana Díaz 00795 waste, incineration, testing & industrial lab
11/11 Safetech Corp. Hwy. 2, Km. 67.9 1,000,000* 9 1996 Recycling, incineration, removal & disposal José M. Rivera
(787) 880-1030 / (787) 880-1395 Arecibo 00614 nonhazardous waste President
jmrrobledo@safetechcorp.com
* CARIBBEAN BUSINESS estimate Unless otherwise noted, all information was provided by the companies.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee). Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 119

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www.marshsaldana.com

120 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_120.indd 120 2/7/17 4:27:45 PM


HEALTH & INSURANCE

Grupal • Individual • Medicare • Vida


787.758.2500 / mcs.com.pr
COM_S_1612020

BOL_120A.indd A120 1/26/17 11:50:55 AM


HEALTH & INSURANCE

BOL_120B.indd B120 1/26/17 11:50:38 AM


Health
& Insurance
Clinical Laboratories 124

Public Hospitals 125

Private Hospitals 126

Health Insurance Companies 130

Local Life Insurance Companies 132

Insurance Brokers 135

Property & Casualty Insurance Companies 136

Automobile Insurers 137

Foreign Life Insurers 137

BOL_121.indd 121 1/27/17 10:38 AM


REFRESCANDO
Y NUTRIENDO PARA UNA

PUBLICACIÓN LÍDER en salud y bienestar en Puerto Rico. BUENAVIDA, www.buenavida.pr,


Para reservar su espacio, comuníquese hoy es una publicación de

al departamento de ventas, al 787.728.1240


ó via email: sales@lmh.pr P ro ud p art o f

BOL_122.indd 122 2/16/17 10:33:34 AM


BOL_123.indd 123 1/12/17 5:18:57 PM
As Ranked by ®

PUERTO RICO’S LARGEST CLINICAL LABORATORIES


(Listed According to 2015 Gross Revenue)
Current/ Laboratory Name Physical Address 2015 Gross No. of Year Main Services Provided Top Executive
Previous Telephone/Fax Revenue $ Full-Time Established Title
Ranking Internet/Email Address Employees in P.R.
1/1 Laboratorio Clínico Borinquen Inc. 2 Baldorioty St. 45,706,558 485 1970 Technologically advanced diagnostic Delia M. Whitlock
(787) 743-0330 / (787) 744-1717 Caguas 00725 testing, home & factory services President
www.laboratoriosborinquen.com
2/3 Quest Diagnostics of P. R. Inc. 210 Rd. 865 31,000,000 290 2003 Infectious diseases, genetics, Hari Sabnani
(787) 474-2900 / (787) 765-5807 Toa Baja 00949 oncology testing General Manager/
www.questdiagnostics.com Managing Director
3/2 Laboratorio Clínico Toledo Inc. 51 Palma St. 23,340,149 156 1988 Clinical & reference laboratory, Ilia M. Toledo García
(787) 880-0444 / (787) 680-7215 Arecibo 00612 DNA tests, molecular, specialized President
www.laboratoriotoledo.com laboratory
4/4 A.M.M.V.R. Group Inc. 562 Muñoz Rivera Ave. 13,316,045 85 2000 Reference clinical laboratory Eduardo Artau
(787) 999-2990 / (787) 764-8809 Hato Rey 00918 President
www.immunopr.com
5/5 Laboratorio Clínico y Referencia 46 José J. Acosta St. 10,000,000 63 1981 Clinical laboratory procedures, María Pérez Veras
M. Landrón Inc. Vega Baja 00693 reference service President
(787) 858-3835 / (787) 807-1916
www.laboratoriomlandron.com
6/6 Laboratorio Clínico y Bacteriológico 2 Guillermo Riefkohl St. 2,325,000* 32 1996 Clinical & bacteriology tests, Luis M. Carrasquillo
Génesis Inc. Patillas 00723 home service President
(787) 839-9393 / (787) 839-9344
labgenesis@yahoo.com
7/7 Laboratorio Clínico y Bacteriológico 100 José Celso Barbosa St. 2,230,671 27 2004 Chemistry, hematology, urinalysis, Reina M. Hernández
Rodríguez Inc. Las Piedras 00771 coagulation, immunology, microbiology, President
(787) 733-1404 / (787) 733-7788 parasitology tests, home service
www.laboratoriorodriguez.com
8/- Laboratorio Clínico Juncos Inc. 30 Teodomiro Delfaus St. 425,000* 6 1972 Clinical & bacteriology tests Francisco Suero
(787) 687-1926 / (787) 687-0207 Juncos 00777 President
www.laboratoriojuncos.com
9/8 Laboratorio Clínico Gaudier Inc. 3 De Diego St. East 420,000* 9 1962 Clinical & bacteriology tests, Carmen I. Gaudier
(787) 832-0348 / 831-6766 Mayagüez 00680 paternity & drug tests President
labgaudier@gmail.com
* CARIBBEAN BUSINESS estimate
Gross revenue and number of employees figures may include affiliates.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the laboratories or obtained from public records.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

124 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST PUBLIC HOSPITALS


(Listed According to Number of Beds in Use as of April 2016)
Current/ Hospital Name Physical Address No. of No. of No. of Type of Year Primary Medical Specialties Top Executive
Previous Telephone/Fax Beds Licensed Full-Time Hospital Established Title
Ranking Internet/Email Address In Use Beds Employees in P.R.

Specialized
General
1/1 VA Caribbean Healthcare System 10 Casia St. 300 300 3,283 - X 1946 General, cardiac & thoracic DeWayne S. Hamlin
(787) 641-7582 / (787) 641-4557 Río Piedras 00921 surgery, neurosurgery, nuclear Director
www.caribbean.va.gov & rehabilitation medicine,
oncology, urology, radiology,
psychiatry & geriatrics
2/- Hospital Universitario de Adultos Bo. Monacillos 222 390 793 X - 1960 Neurosurgery, internal medicine, Jorge E. Matta González
(787) 754-0101 / (787) 294-3603 Centro Médico obstetrics & gynecology, Executive Director
Río Piedras 00935 orthopedics, general surgery
3/2 Hospital Municipal de San Juan Bo. Monacillos 202 450 408 X - 1965 Internal medicine, pediatrics, Lidy López Morales
(787) 480-2705 / (787) 764-3643 Centro Médico surgery, obstetrics & gynecology Capital Health
Río Piedras 00935 Executive Director
4/3 Hospital Pediátrico Universitario Bo. Monacillos 166 215 488 - X 1976 Neurosurgery, renal dialysis, Gloria Hernández De Jesús
(787) 777-3201 / (787) 756-8907 Centro Médico surgery & sub-specialty, Executive Director
Río Piedras 00935 orthopedics, ophthalmology
5/4 Cardiovascular Center of P.R. Américo Miranda Ave. 146 202 597 - X 1992 Open heart & thoracic surgery, Ana Ríus Armendáriz
& the Caribbean Centro Médico heart transplant, pediatric Chairwoman
(787) 754-8500 / (787) 754-5059 Río Piedras 00921 & infant heart surgery,
www.cardiovascular.gobierno.pr endovascular procedures,
peripheral vascular surgery
6/5 Hospital de Psiquiatría General Bo. Monacillos, Maga St. 141 200 548 - X 1927 Psychiatry Griselle Hernández
Dr. Ramón Fernández Marina Centro Médico Executive Director
(787) 766-4646 / (787) 766-4669 Río Piedras 00935
grhernandez@assmca.pr.gov
7/6 Hospital Universitario Santa Juanita Urb. 108 415 254 X - 1975 Internal medicine, gynecology, Prudencio A. Laureano
Dr. Ramón Ruiz Arnau 100 Laurel Ave. pediatrics, general surgery, liver Executive Director
(787) 787-5151 / (787) 787-7979 Bayamón 00956 & pancreas surgery, orthopedics,
www.salud.pr.gov otorhinolaringology
8/7 Hospital Industrial de la Corporación Bo. Monacillos 58 271 444 - X 1967 Rehabilitation & physical Liza M. Estrada Figueroa
del Fondo del Seguro del Estado Centro Médico therapy, ophthalmology, Administrator
(787) 754-2525 / (787) 767-3968 Río Piedras 00935 general, hand, spine & plastic
www.fondopr.com surgery, neurosurgery, burns,
orthopedics, spinal cord injury
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the hospitals.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 125

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As Ranked by ®

PUERTO RICO’S LARGEST PRIVATE HOSPITALS


(Listed According to 2015 Net Patient Revenue)
Current/ Hospital Name Physical Address 2015 No. of No. of No. of Type of Primary Medical Top Executive
Previous Telephone/Fax Net Patient Beds Licensed Full-Time Hospital Specialties Title
Ranking Internet/Email Address Revenue $ in Beds Employees

Specialized
Use

General
1/1 Hospital Español Auxilio Mutuo 715 Ponce de León Ave. 235,678,188 533 653 2,025 X - Pediatrics, oncology, open Jorge L. Matta
de P.R. Stop 37 1/2 heart surgery, liver, kidney CEO
(787) 758-2000 / (787) 771-7952 Hato Rey 00918 & bone narrow transplant,
www.auxiliomutuo.com obstetrics & gynecology
2/2 Manatí Medical Center Atenas Urb. 205,000,000 278 278 1,180 X - Neurosurgery, orthopedics, José L. Quirós
(787) 774-6558 / (787) 774-5626 68 Hernández Carrión St. general surgery, obstetrics & CEO/President
www.manatimedical.com Manatí 00674 gynecology, family medicine
3/3 Hospital HIMA - San Pablo 100 Luis Muñoz Marín Ave. 183,620,234 423 440 1,775 X - Surgery, oncology, nuclear Joaquín Rodríguez Sr.
Caguas Caguas 00725 medicine, radiology, obstetrics Chairman/CEO
(787) 653-1796 / (787) 653-1290 & gynecology, neuro sciences
www.himasanpablo.com
4/5 Hospital HIMA - San Pablo Santa Cruz Urb. 152,163,925 421 436 1,457 X - Surgery, cardiology, pediatrics, Joaquín Rodríguez Sr.
Bayamón 70 Santa Cruz St. radiology, obstetrics & Chairman/CEO
(787) 620-4747 / (787) 620-9273 Bayamón 00959 gynecology
www.himasanpablo.com
5/4 Mayagüez Medical Center 40 Hostos Ave. 149,000,000 234 300 869 X - Cardiology, cardiovascular Jaime Maestre
(787) 774-6558 / (787) 774-5626 Hwy. 2, Km. 157 surgery, internal & family Executive Director
www.mayaguezmedical.com Mayagüez 00680 medicine, orthopedics
6/7 Saint Luke’s Memorial Hospital 916 Tito Castro Ave. 118,340,676 329 427 1,004 X - Surgery, obstetrics & Pedro Barez
(787) 844-2080 / (787) 844-2090 Ponce 00733 gynecology, pediatrics, Operations Executive
www.ssepr.com cardiology urology Administrator
7/8 Hospital Pavía Santurce 1462 Augusto Rodríguez St. 98,955,000 215 247 850 X - Cardiology, orthopedics, José Luis Rodríguez
(787) 641-1616 / (787) 727-7500 Santurce 00910 neurosurgery, urology, CEO
www.metropavia.com cardiovascular surgery
8/- Doctors’ Center Hospital Manatí Hwy. 2, Km. 47.7 88,152,000* 268 268 969 X - Oncology, obstetrics & Carlos Blanco
(787) 621-3322 / (787) 884-3307 Manatí 00674 gynecology, cardiology, CEO/President
www.tuhospitalfamiliar.com nuclear medicine
9/10 Centro Médico Menonita de Bo. Rincón 87,449,667 262 262 1,033 X - Bariatric & orthopedic Pedro L. Meléndez
Cayey Las Lomas Sector, 14th St. surgery, cardiology, pediatric CEO
(787) 535-1001 / (787) 535-1021 Cayey 00737 & neonatal intensive care unit
www.sistemamenonita.com
10/9 Hospital Damas Inc. 2213 Ponce Bypass 77,479,148 250 356 813 X - Internal medicine, cardiology, Mariano McConnie
(787) 840-8686 / (787) 840-8625 Ponce 00717 surgery, orthopedics, Chairman
www.hospitaldamas.com neurology, obstetrics &
gynecology
11/13 Hospital de la Concepción Bo. Caín Alto 73,075,911 169 169 667 X - Internal medicine, cardiology, Gustavo Almodovar
(787) 892-1860 / (787) 264-7908 Hwy. 2, Km. 173.4 obstetrics & gynecology, Executive Director
www.hospitaldelaconcepcion.com San Germán 00683 orthopedics, physiatry
12/12 Ashford Presbyterian 1451 Ashford Ave. 70,247,850 177 207 721 X - Obstetrics & gynecology, Pedro J. González
Community Hospital San Juan 00907 orthopedics, colorectal CEO
(787) 721-2160 / (787) 723-3797 surgery, internal medicine,
www.presbypr.org emergency, spinal cord
surgery
13/11 Hospital Menonita de Aibonito José C. Vázquez St. 63,630,519 150 150 873 X - General & orthopedic Pedro L. Meléndez
(787) 954-8001 / (787) 535-1021 Aibonito 00705 surgery, obstetrics & CEO
www.sistemamenonita.com gynecology, pediatrics,
cardiology

Al mirar el futuro de la imagen médica y las soluciones de TI, hay muchas posibilidades
en el horizonte. Usted puede fijar su mirada en una mayor productividad. Buscar una
mejor calidad de imagen. Mayor ahorro de costos. O concentrarse en el cuidado superior del
paciente. Pero también hay otro enfoque, una sola ruta que lo lleva directamente a todo lo
anterior. Lo llamamos - Un Camino Más Inteligente Hacia Adelante - una visión de avanzar
en el cuidado de la salud que puede llevarlo a nuevas alturas. Así que fíjese en Carestream.
Le ayudaremos a concentrarse en un futuro exitoso y le mostraremos una manera más
inteligente de llegar allí.

126 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST PRIVATE HOSPITALS


(Listed According to 2015 Net Patient Revenue)
Current/ Hospital Name Physical Address 2015 No. of No. of No. of Type of Primary Medical Top Executive
Previous Telephone/Fax Net Patient Beds Licensed Full-Time Hospital Specialties Title
Ranking Internet/Email Address Revenue $ in Beds Employees

Specialized
Use

General
14/14 Hospital Hermanos Meléndez Inc. Hwy. 2, Km. 11.7 59,346,401 229 274 640 X - Obstetrics & gynecology, Richard Machado
(787) 620-8181 / (787) 622-8430 Bayamón 00960 surgery, orthopedics, nuclear Chairman
www.hospitalhermanosmelendez.net medicine, pediatrics, radiology
15/15 Hospital Perea Inc. 15 Dr. Basora St. 58,500,000 148 153 493 X - Internal medicine, obstetrics Jorge Martínez Rivera
(787) 834-0101 / (787) 265-2455 Mayagüez 00681 & gynecology, surgery, Executive Director
www.metropavia.com/perea pediatrics, hematology,
oncology
16/17 Hospital Pavía Arecibo Rd. 129, Km. 0.1 57,319,419 186 230 573 X - Gastroenterology, Janice Cruz Pérez
(787) 650-7272 / (787) 650-7300 San Luis Ave. hematology, infectology, Executive Director
www.metropavia.com Arecibo 00612 pediatrics, oncology, surgery
17/18 Bella Vista Hospital Inc. Rd. 349, Km. 2.7 55,764,469 157 199 681 X - Cardiology, orthopedics, Luis Rivera Maldonado
(787) 834-6000 / (787) 831-6315 Mayagüez 00680 surgery, internal medicine, General Manager
www.bvhpr.org pediatrics, obstetrics &
gynecology
18/16 Ryder Memorial Hospital 355 Font Martello Ave. 54,258,912 165 173 873 X - Pediatrics, surgery, internal José R. Feliciano
(787) 852-0768 / (787) 852-0157 Humacao 00791 medicine, cardiology, Executive Director
www.hryder.org orthopedics
19/21 Hospital UPR Dr. Federico Trilla Hwy. 3, Km. 8.3 51,112,611 230 250 598 X - Bariatric surgery, general Diraida Maldonado
(787) 757-1800 / (787) 276-2205 Carolina 00984 medicine, emergency Executive Director
www.hospitalupr.org
20/28 Hospital Menonita de Caguas Inc. Turabo Gardens 50,409,890 373 373 489 X - Breast, orthopedic & hand Pedro L. Meléndez
(787) 653-0550 / (787) 535-1021 Rd. 172 surgery, peditric intensive CEO
www.sistemamenonita.com Caguas 00737 care, otolaryngology
21/19 San Jorge Children’s Hospital 258 San Jorge St. 49,461,639 130 167 500 - X Pediatric oncology, pediatric Domingo Cruz Vivaldi
(787) 727-1000 / (787) 268-3610 Santurce 00912 plastic surgery, neumology, Vice President
www.sanjorgechildrenshospital.com orthopedics
Continues on page 128

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 127

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As Ranked by ®
PUERTO RICO’S LARGEST PRIVATE HOSPITALS
(Listed According to 2015 Net Patient Revenue)
Current/ Hospital Name Physical Address 2015 No. of No. of No. of Type of Primary Medical Top Executive
Previous Telephone/Fax Net Patient Beds Licensed Full-Time Hospital Specialties Title
Ranking Internet/Email Address Revenue $ in Beds Employees

Specialized
Use

General
22/23 Hospital Metropolitano San Juan Las Lomas Urb. 46,640,369 132 180 405 X - Internal medicine, surgery, Domingo Nevárez
(787) 782-9999 / (787) 781-6832 1785 Rd. 21 pediatrics, cancer center Executive Director
www.metropavia.com San Juan 00922
23/27 First Hospital Panamericano Inc. Rd. 787, Km. 1.5 43,500,000* N/P N/P 460 - X Psychiatry Astro Muñoz
(787) 739-5555 / (787) 739-5544 Cidra 00739 Executive Director
www.hospitalpanamericano.com
24/22 Hospital Pavía Hato Rey 435 Ponce de León Ave. 42,098,843 160 242 409 X - Obstetrics & gynecology, José Guillermo Pastrana
(787) 641-2323 / (787) 772-9710 Hato Rey 00917 pediatrics, neonatal, internal Executive Director
www.metropavia.com medicine, psychiatry, surgery
25/26 Hospital San Cristóbal Coto Laurel 38,331,575 138 138 402 X - Nuclear medicine, lithotripsy, Pedro L. Benetti Loyola
(787) 848-2100 / (787) 848-1110 Rd. 506, Km. 1.0 physiatry, cardiology, Senior Executive/
www.hsc-pr.com Ponce 00780 radiology Vice President
26/24 Hospital Buen Samaritano Inc. Bo. Caimital Bajo 34,815,290 132 230 467 X - Internal medicine, surgery, Marilyn Morales
(787) 658-0009 / (787) 658-0294 18 Severiano Cuevas Ave. pediatrics, obstetrics & Executive Director
www.hbspr.org Aguadilla 00603 gynecology, pneumology
27/21 Hospital Metropolitano Dr. 55 Palma St. 32,863,255 134 138 494 X - Internal medicine, surgery, Yelitza Lucena Quiles
Susoni Arecibo 00612 emergency, pediatrics, Executive Director
(787) 650-1030 / (787) 650-1040 gynecology, radiology,
www.metropavia.com pediatric emergency
28/25 Asociación Hospital del 550 Sergio Cuevas 29,500,000 180 255 403 X - Surgery, medicine, pediatrics, Aida L. Díaz
Maestro Inc. Bustamante St. nuclear medicine Chairwoman
(787) 758-8383 / (787) 294-3103 Hato Rey 00918
29/29 Hospital Episcopal San Lucas La Hacienda Urb. 29,116,764 115 161 317 X - Pediatrics, surgery, internal Elyonel Pontón Cruz
Guayama Pedro Albizu Campos Ave. medicine, obstetrics & COO
(787) 864-4300 / (787) 864-4466 Guayama 00785 gynecology
www.ssepr.org
30/31 Hospital San Carlos Inc. 550 S Concepción Vera 26,481,297 106 108 349 X - Surgery, neonatology, Rosaida M. Crespo
(787) 877-8000 / (787) 877-5610 Ayala St. intensive care unit, Executive Director
www.hscbpr.org Moca 00676 orthopedics, obstetrics &
gynecology
31/30 Hospital HIMA - San Pablo 404 General Valero Ave. 24,227,372 113 221 303 X - Surgery, obstetrics & Joaquín Rodríguez Sr.
Fajardo Fajardo 00738 gynecology, pediatrics, Chairman/CEO
(787) 655-0505 / (787) 655-5052 neonatal intensive care,
www.himasanpablo.com radiology
32/32 Centro Médico Wilma N. Hwy. 2, Km. 39.5 23,320,161 40 150 321 X - Emergency, acute care, José O. Pabón
Vázquez Vega Baja 00693 surgery Chairman
(787) 858-1580 / (787) 858-2385
jopabon@wilmamed.com
33/33 Hospital HIMA - San Pablo 3 Font Martello St. 21,438,723 65 105 247 X - General surgery, pediatrics, Joaquín Rodríguez Sr.
Humacao Humacao 00792 medicine, radiology Chairman/CEO
(787) 656-2424 / (787) 656-2444
www.himasanpablo.com
* CARIBBEAN BUSINESS estimate
N/P - Not Provided
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the hospitals.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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128 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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BOL_129.indd 129 1/23/17 8:20:27 AM
As Ranked by ®

PUERTO RICO’S LARGEST HEALTH INSURANCE COMPANIES


(Listed According to Total Premiums Written & Revenue Earned from Investments in 2015)
Current/ Company Name Physical Address Total Private Health Other Earnings No. of Year Top Executive
Previous Telephone/Fax Premiums Plan Reform Premiums $ from Holding Insured Established Title
Ranking Internet Address & Other Premiums $ Premiums $ or Selling in P.R.
Revenue $ Investments $
1/2 MMM Holdings LLC * Chardón Tower 2,251,402,000 - 429,379,000 1,818,760,000 3,263,000 473,521 2001 Orlando González
(787) 622-3000 / (787) 999-1736 350 Chardón Ave. President
www.mmm-pr.com Suite 500
Hato Rey 00918
2/1 Medical Card System Inc. MCS Plaza 1,807,700,000 306,400,000 - 1,500,000,000 1,300,000 378,282 1983 James O’Drobinak
(MCS) 255 Ponce de León Ave. CEO
(787) 758-2500 / (787) 620-1338 Suite 200
www.mcs.com.pr Hato Rey 00918
3/3 Triple-S Salud Inc. 1441 F.D. Roosevelt Ave. 1,462,404,675 690,386,331 607,351,859 155,824,068 8,842,417 985,874 1969 Madeline Hernández
(787) 792-2226 / (787) 706-2833 Hato Rey 00920 President
www.ssspr.com
4/4 First Medical Health Plan Inc. Villa Caparra Ext. 882,877,996 442,490,701 440,254,083 - 133,212 578,829 1977 Francisco J. Artau
(787) 474-3999 / (787) 625-0007 530 Buchanan Marginal President
www.firstmedicalpr.com Guaynabo 00966
5/5 Humana - Puerto Rico ** 383 F.D. Roosevelt Ave. 521,799,505 112,227,532 - 402,128,872 7,443,101 125,254 1997 Earl Harper
(800) 314-3121 / (787) 282-6250 Hato Rey 00918 President
www.humana.pr
6/6 Mapfre Life Insurance Co. Tres Monjitas Ind. Park 134,880,517 115,654,381 - 17,892,231 1,333,905 46,178 1971 Joaquín A. Castrillo
of Puerto Rico 297 Carlos Chardón Ave. CEO/President
(787) 622-7780 / (787) 622-7775 Hato Rey 00918
www.mapfre.pr
* Includes MMM Healthcare LLC, PMC Medicare Choice LLC & MMM Multi Health LLC.
** Includes Humana Health Plans of Puerto Rico Inc. & Humana Insurance of Puerto Rico Inc.
Unless otherwise noted, all information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

✔Planes de salud de libre selección (PPO) ✔Grupo Metales de 2 empleados en adelante


✔Amplia red de proveedores cubriendo ✔Stop Loss, reaseguro, específico y agregado
todo Puerto Rico ✔Accidentes Personales
✔Farmacia, Major Medical y Transplante ✔Planes a su medida stand alone:
de Organos •Dental
✔Dental, Visión, Vida Grupal, Accidente y PAE •Vida Grupal Visión
✔Administración de planes médicos a patronos •Transplantes de órganos
(ASO) ✔PanaMed – Plan de
✔Seguros complementarios de accidente y salud Beneficios Limitados

130 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_130.indd 130 1/16/17 10:08:29 AM


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• Leave of Absence and
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FMLA • Wellness Holistic Programs
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(licenses management) and Communications
• Property and Coverage, Applicability and Development Administration
• Risk Management • COBRA (Obesity Management,
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THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 131

BOL_131.indd 131 1/27/17 9:41:03 AM


As Ranked by ®

PUERTO RICO’S LARGEST LOCAL LIFE INSURANCE COMPANIES


(Listed According to Total Premiums Written in 2015)
Current/ Company Name Physical Address Total Premiums Ordinary $ Credit Life $ Group & Annuities $ Top Executive
Previous Telephone/Fax Written $ Industrial $ Title
Ranking Internet Address in 2015
1/1 Universal Life Insurance Co. 33 Bolivia St., 6th Floor 331,856,574 1,462,777 2,652,123 7,806,726 319,934,948 José C. Benítez
(787) 706-7337 / (787) 625-7304 Hato Rey 00918 President
www.universalpr.com
2/2 Triple-S Vida Inc. 1052 Muñoz Rivera Ave. 102,630,432 88,243,224 - 7,395,746 6,991,462 Arturo Carrión
(787) 758-4888 / (787) 764-9341 Río Piedras 00927 President
www.sssvida.com
3/3 Cooperativa de Seguros de Vida Villa Nevárez Urb. 61,174,472 19,394,883 10,554,893 10,497,583 20,727,113 Julio Villafañe
de Puerto Rico (Cosvi) 400 Américo Miranda Ave. President
(787) 751-5656 / (787) 522-2233 Río Piedras 00926
www.cosvi.com
4/5 Multinational Life Insurance Co. 510 Muñoz Rivera Ave. 15,878,681 10,350,519 1,678,570 3,244,985 604,607 Carlos Iguina
(787) 758-8080 / (787) 756-7360 Hato Rey 00918 President
www.multinationalpr.com
5/4 Caribbean American Life Assurance Co. Chardón Tower, Suite 1101 15,769,120 - 15,090,291 678,829 - Christian Formby
(787) 250-6470 / (787) 758-6110 350 Carlos Chardón Ave. President
www.assurant.com Hato Rey 00918
6/6 Mapfre Life Insurance Co. Tres Monjitas Ind. Park 10,001,480 393,822 7,553,607 1,956,786 97,265 Joaquín A. Castrillo
of Puerto Rico * 297 Carlos Chardón Ave. CEO/President
(787) 753-6161 / (939) 205-5740 Hato Rey 00918
www.mapfre.pr
7/7 MCS Life Insurance Co. MCS Plaza, Suite 900 2,587,519 - - 2,587,519 - Roberto Pando
(787) 758-2500 / (787) 250-0380 255 Ponce de León Ave. President
www.mcs.com.pr Hato Rey 00918
8/8 Trans-Oceanic Life Insurance Co. (Tolic) 121 O’Neill St. 2,447,046 2,341,512 - 85,396 20,138 Nicolás Touma
(787) 620-2680 / (787) 620-2714 Hato Rey 00918 CEO/President
www.tolic.com
9/9 USIC Life Insurance Co. Santander Tower 902,349 63,750 - 838,599 - Frederick Millán
(787) 625-1117 / (787) 783-8232 B7 Tabonuco St., Suite 1200 President
www.usicgroup.com Guaynabo 00968
10/10 Humana Insurance of Puerto Rico Inc. 383 F.D. Roosevelt Ave. 426,036 - - 426,036 - Earl Harper
(787) 282-7900 / (787) 993-7800 Hato Rey 00918 President
www.humana.pr
* Includes Pan American Life Insurance Company, $300,273 in premiums.
Chart includes total life insurance business in Puerto Rico of authorized domestic life insurers.
Premium figures were provided by the Office of the Insurance Commissioner. Other information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

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• Apoyo en litigación (LitigationSupport) • Auditoría de
• Planes estratégicos y de negocios reclamaciones
• Estudios de Viabilidad • Análisis de procesos y
• Programas de Manejo de Riesgos recuperación de pérdidas
• Auditorias de estados financieros y Sistemas de Información • Auditorías contra el Uso y
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132 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_132.indd 132 1/13/17 4:14:51 PM


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THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 133

BOL_133.indd 133 1/27/17 9:40:09 AM


Corporate Benefits Administrator:
Affordable Care Compliance & Consulting
ACA-Education for HR Administrators
COBRA Management
5500 and SPD’s Compliance
Benefits Contact Center
Medical and Pharmacy Discount Network
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Credit Insurance / Special Products:
Administration of Products
Administration of Claims
T.787-706-0102 Sales Coaching
F.787-706-0117 Actuary Services
info@olympic-agency.com Allocation Risk
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PMB 370, 1353 Carretera 19, Extended Warranties
Guaynabo, P.R. 00966-2700 Among others...

134 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_134.indd 134 1/30/17 2:30:44 PM


As Ranked by ®
PUERTO RICO’S LARGEST INSURANCE BROKERS
(Listed According to 2015 Annual Commissions)
Current/ Company Name Physical Address 2015 No. of No. of Year Main Specialties Top Executive
Previous Telephone/Fax Annual Full-Time Licensed Established Title
Ranking Internet Address Commissions $ Employees Brokers in P.R.
1/1 Marsh Saldaña Inc. City View Plaza 19,500,000 136 65 1972 Construction bonding, employee Francisco J. Tirado
(787) 721-2600 / (787) 721-1093 Tower 1, Suite 700 benefits, malpractice, commercial CEO/President
www.marshsaldana.com Guaynabo 00968 & personal lines, risk management,
property & casualty, life & disability
2/2 Aon Aon Center 17,125,631 85 38 1974 Risk management, commercial, Manuel Bermúdez
(787) 754-8787 / (787) 282-4886 304 Ponce de León Ave. property & casualty, financial lines, CEO/President
www.aon.com/puertorico Hato Rey 00918 employee benefits, personal risk,
captive management
3/3 Carrión, Laffitte & Casellas Inc. 255 Ponce de León Ave. 15,639,103 80 30 2004 Property & casualty, employee benefits, José B. Carrión III
(HUB International) Suite 700 construction, financial lines, surety, President
(787) 641-2738 / (787) 641-2679 Hato Rey 00917 personal lines
www.clcinsurancepr.com
4/5 Fulcro Insurance Inc. 204 San Francisco St. 10,262,060 57 21 1981 Commercial & construction risk, Ramón A. Pérez Blanco
(787) 725-5880 / (787) 721-0988 San Juan 00901 employee benefits, life & disability President
www.fulcroinsurance.com
5/6 Popular Risk Services LLC Corporate Office Park 9,657,004 46 29 2008 Risk management, property & casualty, Eduardo Criado Gierbolini
(787) 731-6900 / (787) 281-4193 36 Rd. 20, Suite 201 life, disability, health, title insurance, President
www.popular.com Guaynabo 00966 employee benefits & annuity
6/4 Ikon Insurance Inc. 270 Muñoz Rivera Ave. 5,443,057 39 22 1998 Employee benefits, property & casualty, Félix García Barreto
(787) 620-0585 / (787) 620-0590 PH 1 risk management, specialty products President
www.ikonpr.com Hato Rey 00918
7/7 Vidal & Rodríguez Inc. Capital Center Bldg. 4,118,753 30 11 1986 Property & casualty, employee benefits, Luis Rodríguez Santana
(787) 751-7610 / (787) 763-2810 Suite 501 condominiums, hospitals, government, President
www.vidalrodriguez.com 239 Arterial Hostos Ave. professional liability
Hato Rey 00918
8/8 Olympic Agency Inc. Galería San Patricio 3,330,340 28 10 2002 Employee benefits, credit insurance, Benjamín G. Kauffmann
(787) 706-0102 / (787) 706-0117 B5 Tabonuco St., Suite 202 extended guaranties, special products President
www.olympic-agency.com Guaynabo 00968
9/9 Christiansen Insurance Group Inc. Metro Office Park 2,803,276 21 13 2008 Property & casualty, automobile, Ralph G. Christiansen
(787) 705-0707 / (787) 522-8897 1 Valencia St., Suite 510 bonds, aviation, marine, directors President
www.ciginsurancepr.com Guaynabo 00968 & officers, group health, employee
benefits, life
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee). Research by Ana D. Ortiz
Unless otherwise noted, all information was provided by the companies. Copyright © 2017 CARIBBEAN BUSINESS

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THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 135

BOL_135.indd 135 1/13/17 4:17:40 PM


As Ranked by ®
PUERTO RICO’S LARGEST
PROPERTY & CASUALTY INSURANCE COMPANIES
(Listed According to Direct Premiums Written in 2015)
Current/ Company Name Physical Address Direct Premiums Net Income $ Admitted Year Top Executive
Previous Telephone/Fax Written $ in 2015 Assets Established Title
Ranking Internet Address in P.R.
1/2 Universal Group Inc. 1 Metro Office Park 310,774,858 26,256,145 828,268,428 1971 Monique Miranda Merle
(787) 793-7202 / (787) 625-7100 1st St., Lot 10 CEO/President
www.universalpr.com Guaynabo 00969
2/1 Cooperativa de Seguros Múltiples 38 Nevárez St. 297,568,191 -1,979,657 653,393,665 1963 Roberto Castro Hiraldo
de Puerto Rico 2 Río Piedras 00927 CEO/President
(787) 758-0101 / (787) 758-8512
www.segurosmultiples.com
3/3 Grupo Mapfre Puerto Rico 3 Tres Monjitas Ind. Park 255,185,203 25,788,779 474,231,559 1990 Joaquín A. Castrillo
(787) 250-5214 / (787) 772-8409 297 Carlos Chardón Ave. CEO/President
www.mapfre.pr Hato Rey 00918
4/4 Triple-S Propiedad Inc. Triple-S Plaza, 8th Floor 134,396,371 19,889,701 278,048,632 1987 Eva G. Salgado
(787) 749-4600 / (787) 625-8667 1510 F.D. Roosevelt Ave. CEO/President
www.ssspropiedad.com Guaynabo 00968
5/5 Asociación de Suscripción Conjunta Oriental Bldg. 101,335,669 -2,911,383 210,585,705 1995 José L. Blanco Latorre
del Seguro de Responsabilidad 997 San Roberto St., Suite 601 President
Obligatorio (ASC) Río Piedras 00926
(787) 622-5410 / (787) 641-4182
www.asctucompulsorio.com
6/6 AIG Insurance Co. Puerto Rico American International Plaza 68,184,774 -4,827,058 129,427,888 1971 Francisco Díaz
(787) 767-6400 / (787) 767-6797 250 Muñoz Rivera Ave. President
www.aig.com Hato Rey 00918
7/9 QBE Seguros 1101 Muñoz Rivera Ave. 63,849,364 603,959 64,860,238 2005 Peter Rebrin
(787) 765-2100 / (787) 765-2114 Río Piedras 00925 CEO/President
www.qbepr.com
8/7 Integrand Assurance Co. 369 Ensenada St. 62,347,427 -13,655,217 119,564,902 1972 Víctor J. Salgado Jr.
(787) 781-0707 / (787) 793-6330 San Juan 00920 CEO/President
www.integrand-pr.com
9/8 Chubb Insurance Co. of Puerto Rico 4 33 Resolución St., Suite 501 60,366,143 5,140,072 133,476,565 2016 Judith Hernández
(787) 274-4700 / (787) 754-6613 Hato Rey 00920 President
www.chubb.com
10/10 Caribbean American Property Tower Chardón, Suite 1101 47,398,104 4,342,128 42,307,862 1992 Christian Formby
Insurance Co. 350 Carlos Chardón Ave. President
(787) 250-6470 / (787) 753-5542 Hato Rey 00918
www.assurant.com
11/12 United Surety & Indemnity Co. Santander Tower 37,166,612 -4,121,912 94,218,249 1990 Frederick Millán
(787) 273-1818 / (787) 783-8232 B7 Tabonuco St., Suite 1200 President
www.usicgroup.com Guaynabo 00968
12/13 Multinational Insurance Co. 510 Muñoz Rivera Ave. 32,814,285 2,243,146 23,451,527 1961 Luis Pimentel
(787) 758-8080 / (787) 756-7360 Hato Rey 00918 President
www.multinationalinsurance.com
13/14 Antilles Insurance Co. Ochoa Bldg., Suite PH 23,459,414 4,440,264 70,294,003 1968 Jaime J. González
(787) 474-4900 / (787) 474-4942 500 Tanca St. Chairman/CEO/President
www.antillesinsurance.com San Juan 00901
14/15 Simed 5 Centro Europa Bldg., Suite 501 19,833,659 1,591,031 159,808,659 1986 Agustín L. Montalvo
(787) 641-2550 / (787) 923-6810 1492 Ponce de León Ave. President
www.simedpr.com Santurce 00907
15/- Puerto Rico Medical Defense VIG Tower, Suite 1401 12,659,767 629,601 16,420,697 2005 Dennis Hanftwurzel
Insurance Co. (PRMD) 1225 Ponce de León Ave. President
(787) 999-7763 / (787) 993-7763 Santurce 00907
www.prmdic.com
1. Includes Universal Insurance Co. & Point Guard Insurance Co. Inc. Point Guard Insurance Co. Inc., ranked No. 11 last year, became part of Universal Group Inc. in March 2015.
2. Includes Real Legacy Assurance Co. Inc.
3. Includes Praico Insurance Co., Preferred Risk Insurance Co. & Pan American Insurance Co.
4. ACE Limited (Ace Insurance Co.’s parent company), acquired the Chubb Corporation in January 2016 and is operating now under the Chubb name.
5. Sindicato de Aseguradores para la Suscripción Conjunta de Seguros de Responsabilidad Profesional Médico-Hospitalaria
Information was provided by the Office of the Insurance Commissioner and the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

Proteja lo que con tanto esfuerzo ha desarrollado


En Chubb Insurance Company of Puerto Rico le ofrecemos una variedad de seguros para salvaguardar su propiedad y protegerlo a usted y su familia:

• Accidentes y Salud (accidentes • Responsabilidad Civil Solidez financiera, habilidad técnica


personales, hospitalización, • Responsabilidad Comercial General superior y Clasificación A++ por A.M. Best
enfermedades críticas, Cáncer) • Responsabilidad Profesional
• Propiedad (Construcción & Montaje, • Protección para Beneficios Laborales Contáctenos: 787-274-4700
Condominios) como retiros y 401K www.chubb.com/pr
• Responsabilidad Ambiental • Protección para Directores Oficiales

136 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST AUTOMOBILE INSURERS
(Listed According to Total Automobile Premiums Written in 2015)
Current/ Insurance Company Name Total Premiums 1 1 Compulsory Vehicle Liability
Auto Liability Auto Physical Damage
Previous Written $
Ranking in 2015 Premiums Share Premiums Share Premiums Share
Written $ Written $ Written $
1/1 2 202,925,329 22,430,184 20.96% 111,119,718 34.14% 69,375,427 34.66%
Universal Group Inc.
2/3 3 168,564,435 31,727,776 29.65% 124,355,026 38.20% 12,481,633 6.24%
Cooperativa de Seguros Múltiples de Puerto Rico
3/2 Asociación de Suscripción Conjunta del Seguro de 101,335,669 - - - - 101,335,669 50.63%
Responsabilidad Obligatorio (ASC)
4/4 4 71,505,493 22,739,761 21.25% 44,436,022 13.65% 4,329,710 2.16%
Grupo Mapfre Puerto Rico
5/6 Triple-S Propiedad Inc. 32,452,935 13,381,052 12.51% 18,002,931 5.53% 1,068,952 0.53%
6/7 QBE Optima Insurance Co. 25,315,685 6,125,761 5.73% 17,096,694 5.25% 2,093,230 1.05%
7/9 Integrand Assurance Co. 18,601,973 5,217,161 4.88% 5,762,867 1.77% 7,621,945 3.81%
8/10 Multinational Insurance Co. 6,150,755 2,287,420 2.14% 3,476,948 1.07% 386,387 0.19%
9/11 AIG Insurance Co. Puerto Rico 2,988,885 2,330,950 2.18% 657,935 0.20% - -
10/12 Antilles Insurance Co. 2,813,964 750,652 0.70% 621,951 0.19% 1,441,361 0.72%
1. Includes private and commercial automobiles
2. Includes Universal Insurance Co., $138,770,363 in premiums and Point Guard Insurance Co. Inc., $64,154,966 in premiums.
Point Guard Insurance Co. Inc., ranked No. 5 last year, became part of Universal Group Inc. in March 2015.
3. Includes Cooperativa de Seguros Múltiples de Puerto Rico, $143,882,632 in premiums and Real Legacy Assurance Co., ranked No. 8 last year, with $24,681,803 in premiums.
4. Includes Praico Insurance Co., $37,175,938 in premiums; Preferred Risk Insurance Co., $31,987,665 in premiums; and Pan American Insurance Co., $2,341,890 in premiums.
Information provided by the Office of the Insurance Commissioner.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

As Ranked by ®

TOP 20 FOREIGN LIFE INSURERS SERVING PUERTO RICO


(Listed According to Total Life Policies in Force as of December 31, 2015)
Current/ Company Name Total Life Policies Ordinary $ Credit Life $ Group $ Industrial $
Previous in Force $
Ranking

1/1 Primerica Life Insurance Company 7,527,288,659 7,527,288,659 - - -


2/2 MassMutual * 5,003,598,779 5,002,598,546 - 1,000,233 -
3/3 AXA Equitable Life Insurance Company 4,554,586,291 4,554,586,291 - - -
4/5 Transamerica Life Insurance Company 4,147,679,788 4,131,846,215 - 15,833,572 -
5/6 The Lincoln National Life Insurance Company 3,555,986,968 3,523,363,102 - 32,623,866 -
6/- John Hancock Life Insurance Company (U.S.A.) 2,669,603,008 2,669,503,008 - 100,000 -
7/- Metlife Insurance Company USA 2,517,203,103 2,516,868,585 - 334,518 -
8/8 The Prudential Insurance Company of America 2,507,545,047 31,871,907 - 2,475,339,275 333,865
9/11 Life Insurance Company of North America 2,325,731,520 25,196 - 2,325,706,324 -
10/9 United of Omaha Life Insurance Company 2,249,876,648 2,214,549,081 - 35,327,567 -
11/4 Metropolitan Life Insurance Company 2,228,526,812 177,389,341 - 2,051,027,106 110,366
12/10 Hartford Life & Accident Insurance Company 2,103,760,284 846,436 - 2,102,913,848 -
13/- Aetna Life Insurance Company 1,864,775,781 2,631,509 - 1,862,144,272 -
14/12 5 Star Life Insurance Company 1,266,273,125 1,803,515 - 1,264,469,610 -
15/13 ReliaStar Life Insurance Company 1,136,294,336 1,136,294,336 - - -
16/14 Ohio National Life Assurance Corporation 1,114,069,844 1,114,069,844 - - -
17/18 American National Insurance Company 1,073,830,350 1,073,569,826 - 260,398 126
18/20 Western Reserve Life Insurance Company 946,287,199 945,801,642 - 461,422 24,136
(Transamerica Premier Life Insurance Company)
19/15 American General Life Insurance Company 940,057,256 885,701,023 - 54,343,289 12,944
20/16 CMFG Life Insurance Company 886,713,310 13,806,364 450,516,346 422,390,600 -
* Includes CM Life Insurance Company & Massachusetts Mutual Life Insurance Company
Information provided by the Office of the Insurance Commissioner.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 137

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138 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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Manufacturing
Top Local Manufacturers 140

Surgical & Medical Devices Manufacturers 141

Electrical Equipment
& Components Manufacturers 142

Beverage Products Manufacturers 143

Food Products Manufacturers 144

Packaging Component Companies 145

Plastics Manufacturers 146

Pharmaceutical Manufacturers 147

Window & Door Manufacturers 148

BOL_139.indd 139 1/27/17 10:41 AM


As Ranked by ®

PUERTO RICO’S TOP LOCAL MANUFACTURERS


(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 Gross No. of Year Main Line of Business Top Executive
Previous Telephone/Fax Revenue $ Full-Time Established Title
Ranking Internet/Email Address Employees in P.R.
1/1 Compañía Cervecera de P.R. Inc. 100 Alfonso Valdés Blvd. 169,500,000 254 1937 Beer & malt manufacturer Camalia Valdés
(787) 834-1000 / (787) 265-7740 Mayagüez 00680 President
www.cerveceradepr.com
2/2 Destilería Serrallés Inc. Central Mercedita Urb. 130,000,000* 225* 1935 Wine & spirits manufacturer Félix J. Serrallés Jr.
(787) 840-1000 / (787) 840-1155 151 Principal Ave. President
www.destileriaserralles.com Mercedita 00715
3/3 Vaquería Tres Monjitas Inc. 215 Federico Costa St. 124,619,823 452 1918 Dairy products & fruit beverages Jaime Fonalledas
(787) 474-1818 / (787) 753-8836 Hato Rey 00918 manufacturer & distributor President
www.tresmonjitas.com
4/4 Holsum de Puerto Rico Inc. Bo. Candelaria 120,000,000 842 1958 Bakery products manufacturer Ramón Calderón
(787) 798-8282 / (787) 251-2060 Hwy. 2, Km. 20.1 President
www.holsumpr.com Toa Baja 00949
5/5 Pan Pepín Inc. Minillas Ind. Park 97,800,000 506 1970 Bakery products manufacturer Mario Somoza
(787) 787-1717 / (787) 740-2029 203 Laurel Ave. CEO/President
www.panpepin.com Bayamón 00959
6/6 Goya de Puerto Rico Inc. Luchetti Ind. Park 90,500,000* 587 1949 Food products manufacturer Carlos A. Unanue
(787) 622-4900 / (787) 798-7970 Francisco de Goya Ave. President
www.goyapr.com Bayamón 00960
7/7 Puerto Rico Coffee Roasters LLC Minillas Ind. Park 70,000,000* 125 2008 Coffee processor & distributor Alberto de la Cruz
(787) 288-6400 / (787) 288-6527 Rd. 174, Lot 107 President
www.puertoricocoffeeroasters.com Bayamón 00959
8/8 Pan American Grain Mfg. Co. Amelia Ind. Park 58,000,000* 355 1980 Grocery products & animal feed José González
(787) 273-6100 / (787) 273-6872 9 Calle Claudia manufacturer & distributor President
www.panamericangrain.com Guaynabo 00968
9/10 Industria Lechera de P.R. Inc. 198 Chardón Ave. 56,462,415 90 1952 Dairy products manufacturer Larry A. Lugo
(787) 753-0974 / (787) 753-0951 Hato Rey 00918 President
www.indulacpr.com
10/9 Lanco Manufacturing Corp. Aponte Urb. 51,000,000 300 1978 Paint & adhesive manufacturer Sergio Blanco
(787) 736-4221 / (787) 736-5313 5 Rd. 183 Chairman/President
www.lancopaints.com San Lorenzo 00754
11/11 Borinquen Container Corp. 800 El Mangotín St. 48,000,000 195 1969 Packaging components manufacturer Livette González
(787) 898-5000 / (787) 898-5079 Hatillo 00659 CEO/President
www.borinquengroup.com
12/12 Rovira Biscuit Corp. 619 La Ceiba Ave. 47,000,000* 285 1929 Cookies & crackers manufacturer Carlos Rovira
(787) 844-8585 / (787) 848-7176 Ponce 00717 CEO/President
www.rovirabiscuits.com
13/15 UltraPure Systems Inc. Cabo Caribe Ind. Park 46,568,213 280 1999 Process piping systems & equipment César A. Roca
(787) 807-1500 / (787) 807-1533 A St., Lot 21 manufacturer CEO/President
www.upsipr.com Vega Baja 00693
14/14 Air Master Awning LLC Hwy. 2, Km. 56.7 40,070,650 432 1974 Security windows & doors Nicolás Megwinoff
(787) 623-1800 / (787) 623-0087 Barceloneta 00617 manufacturer & distributor President
www.airmasterpr.com
15/13 Campofresco Corp. Bo. Paso Seco 35,085,000 140 1982 Fruit products & juice manufacturer Jorge L. Santiago
(787) 845-4747 / (787) 845-3490 Rd. 545, Km. 0.3 Plant Manager
www.campofresco.com Santa Isabel 00757
16/17 Packaging Solutions** Bo. Guaraguao 27,000,000 162 1976 Packaging materials manufacturer Carlos Casellas
(787) 622-7225 / (787) 622-7245 Rd. 174, Km. 5.1 President
www.flepak.com Bayamón 00959
17/- Grupo Sultana Corujo Ind. Park 23,003,354 156 1988 Window & door manufacturer Samuel García
(787) 395-7979 / 90 St. E President
www.aluwest.com Bayamón 00961
18/18 Los Cidrines Zeno Gandía Ind. Park 21,500,000* 130* 1978 Bakery products María Cidre
(Pastelería Cidrines Inc.) 129 A St., Lot A2 President
(787) 878-2788 / (787) 878-5114 Arecibo 00612
www.cidrines.com
19/20 Servimetal LLC Río Cañas Ind. Park 20,199,509 91 1988 Metal products manufacturer, Emilio M. Ortiz
(787) 747-7766 / (787) 747-9676 Rd. 175, Km. 0.02 distributor & processor CEO/President
www.servimetal.com Caguas 00725
20/18 Carmelo Rd. 866, Km. 0.7 20,000,000 175 1955 Aggregates & concrete products Edgar Figueroa
(787) 251-9474 / (787) 251-9420 Sabana Seca 00949 manufacturer CEO/President
www.carmelo.com
20/21 Mi Pan Asociados Inc. Bo. Sabana Seca 20,000,000 89 1973 Bread & buns manufacturer José L. Labeaga
(787) 784-6604 / (787) 261-1395 Rd. 866, Km. 3.4 President
www.mipanasociados.com Toa Baja 00952
22/- Avant Technologies of P.R. Inc. Caguas West Ind. Park 18,000,000 51 1992 Security products manufacturer Luis Diaz
(787) 746-9191 / (787) 746-7131 Bldg. 39 & integrator CEO
www.avantworld.com Caguas 00725
22/16 Structural Steel Works Inc. Luchetti Ind. Park 18,000,000 120 1968 Structural steel manufacturer Juan C. Aguayo
(787) 787-5405 / (787) 787-5077 B St., Lot 21 President
www.sswincpr.com Bayamón 00961
24/- Alonso & Carus Iron Work Inc. Bo. Palmas 17,500,000* 135 1961 Structural steel manufacturer Jorge Ramos
(787) 788-1065 / (787) 788-0350 Rd. 859, Km. 0.9 President
www.alonsocarus.com Cataño 00962
* CARIBBEAN BUSINESS estimate
** Formerly known as Flexible Packaging Group.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from public records.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

140 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST


SURGICAL & MEDICAL DEVICES MANUFACTURERS
(Listed According to Number of Full-Time Employees as of September 2016)
Current/ Company Name Physical Address No. of No. of Main Devices Manufactured Year Contact Person
Previous Telephone/Fax Full-Time Manufacturing Established Title
Ranking Internet Address Employees Plants in P.R. in P.R.
1/1 Medtronic PLC Ceiba Norte Ind. Park 4,015 4 Cardiovascular, diabetes, neurological & 1974 Félix M. Negrón
(787) 561-2200 / (787) 561-2397 50 Rd. 31, Km. 24.4 spinal conditions medical devices Operations Vice President
www.medtronic.com Juncos 00777
2/2 St. Jude Medical P.R. LLC Santana Ind. Park 1,214 2 ICD, pacemakers, pacing leads, Angio-Seal 1976 Gloribel Pérez
(787) 650-1750 / (787) 650-1799 Hwy. 2, Km. 67.2 vascular closure devices, mechanical heart President/General Manager
www.sjm.com Arecibo 00612 valves
3/5 Stryker P.R. Ltd. Las Guásimas Ind. Park 1,094 1 Cutters, burs, titanium intraline suture 1988 Lourdes De Cárdenas
(939) 307-2500 / Hwy. 3, Km. 131.2 sliders, wedge anchors, cannulated tibial plug, Vice President Operations
www.stryker.com Arroyo 00714 cement mixers Manufacturing Global Supply
4/3 Fresenius Kabi-Puerto Rico Rd. 357, Km. 0.8 1,075 2 Blood packs, red cell collection systems 2012 Eric Santiago Justiniano
(787) 264-1700 / (787) 264-0808 Maricao 00606 Vice President/General Manager
www.fresenius-kabi.com
5/4 Johnson & Johnson Los Frailes Ind. Park 1,041 2 Meshes, blood glucose monitoring test strips 1962 Pedro Costa
(787) 272-6500 / 475 C St. Director/Government &
www.jnj.com Guaynabo 00969 Public Affairs P.R.
6/10 Becton Dickinson Caribe Ltd. 6 Vick’s Drive 780 3 Bactec blood culture, Quikheel Lancets, 1957 Alejandro Blanco
(787) 738-4242 / (787) 738-8929 Cayey 00737 Blood transfer devices, RPR antigen, Vice President/Plant Manager
www.bd.com Affirm Molecular Diagnostic, Sensi Disc
7/8 Boston Scientific 12 Rd. 698 750 1 Acuity, Easytrack 2 & 3, Fineline, Ingevity MRI 1989 Paul Martin
(787) 796-2115 / (787) 796-8204 Dorado 00646 & Reliance leads Operations Vice President
www.bostonscientific.com
8/6 Baxter Healthcare Corp. of P.R. Rd. 721, Km. 0.3 733 1 Intravenous solutions sets & plastic bags, 1976 Javier Ramis
(787) 735-8021 / (787) 735-6343 Aibonito 00705 molded components General Manager
www.baxter.com
9/7 Edwards Lifesciences Rd. 402 N, Km 1.4 607 1 Hemodynamic monitoring catheters, vascular 1972 José Laureano
Technology Sarl Añasco 00610 products Plant Manager
(787) 229-5699 / (787) 229-5462
www.edwards.com
10/9 Zimmer Manufacturing B.V. * Turpeaux Ind. Park 545 1 Orthopedic implants 1991 Luis Burgos
(787) 259-5959 / (787) 284-4472 Hwy. 1, Km. 123.4 General Manager
www.zimmerbiomet.com Ponce 00715
11/- Roche Operations Ltd. 2875 Ponce Bypass 198 1 Accu-Chek Aviva 1971 Miguel A. Centeno
(787) 843-6195 / (787) 841-2694 Ponce 00728 General Manager
www.roche.com
12/- Vention Medical + Device Cabo Caribe Ind. Center 170 1 Surgical components, minimally invasive 1990 José Sadurni
Manufacturing Service Bldg 1093 products, plastic components for medical Plant Manager
(787) 858-6800 / Vega Baja 00694 devices
www.ventionmedical.com
13/- EBI Patient Care Inc. * 484 E St. 78 1 Bone healing stimulators & sports-medicine 1982 Adalberto Rivera
(787) 720-6855 / (787) 720-6859 Guaynabo 00969 surgical devices Operations Associate Director
www.zimmerbiomet.com
14/- Cardinal Health PR 218 Inc. Rd. 402, Km. 0.9 75 1 Wound drainage systems, suction reservoirs, 1975 Pedro Liberata
(787) 826-4700 / Añasco 00610 plastic connectors Manufacturing Director
www.cardinalhealth.com
* Operating under Zimmer Biomet since June 2015
Chart only includes surgical-& medical-devices manufacturing plants.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

Boston Scientific is dedicated to transforming lives through innovative medical solutions


that improve the health of patients around the world

We collaborate with healthcare professionals to develop a broad


portfolio of meaningful innovations that improve outcomes, reduce costs,
increase efficiencies and—most importantly—help more people in
more places around the world live longer, healthier lives.

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 141

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As Ranked by ®
PUERTO RICO’S LARGEST
ELECTRICAL EQUIPMENT & COMPONENTS MANUFACTURERS
(Listed According to Number of Full-Time Employees as of May 2016)
Current/ Company Name Physical Address No. of No. of Main Products Manufactured Year Top Executive
Previous Telephone/Fax Full-Time Facilities Established Title
Ranking Internet Address Employees in P.R.
1/2 Eaton Corp. Puerto Rico Santana Ind. Park 1,500 4 Industrial, commercial & residential 1994 Marco Miranda
(787) 881-3640 / (787) 881-7078 Hwy. 2, Km. 67.6 breakers, custom electrical equipment Plant General Manager
www.eaton.com Arecibo 00613
2/1 GE Industrial of P.R. LLC 383 F.D. Roosevelt Ave. 1,400 7 Electrical components, meters, relays, power 1959 Amir Lastra de León
(787) 625-2340 / (787) 625-2319 Suite 205 turbines, medical equipment, home appliances President
www.ge.com Hato Rey 00918
3/3 Hubbell Caribe Limited Inc. Cabo Caribe Ind. Park 544 1 Electrical wiring devices, interrupters, 1984 Jorge I. Ruiz
(787) 855-1075 / (787) 855-3265 1737 Rd. 686 connectors Operations
www.hubbell.com Vega Baja 00693 Vice President
4/4 Thermo King Manufactura de P.R. Inc. Zeno Gandía Ind. Park 543 1 Transport refrigeration units 1974 Iván Collazo
(787) 878-1690 / 517 B St. Plant Manager
www.thermoking.com Arecibo 00612
5/5 Thomas & Betts Caribe Inc. Cabo Caribe Ind. Park 300 3 Cable ties, electrical connectors & terminals 1969 José R. Rodríguez
(787) 855-3046 / (787) 855-2688 Rd. 686 General Manager
www.tnb.com Vega Baja 00693
6/- Lutron SM Inc. Mariana Ind. Park 200 1 Attenuators 1977 Juan O’Halloran
(787) 656-7000 / (787) 656-7001 Rd. 909, Km. 0.2 Plant Manager
www.lutron.com Humacao 00792
7/6 AKM Mfg. Inc. Mario Julia Ind. Park 81 1 Enclosures, meter banks, switching units, 1990 Pedro Arvesú
(787) 620-4950 / (787) 620-4958 418 A St., Suite 1 transclosures & unit substations, motor President
www.akmindustries.com San Juan 00920 control centers, switchgears, panel boards
8/8 Mega-Tran Industrial Corp. Bo. Hato 15* 1 Electrical equipment, transformers 1990 José A. García
(787) 736-1599 / (787) 736-1797 1 St. President
www.megatranindustrial.com San Lorenzo 00754
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

142 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST


BEVERAGE PRODUCTS MANUFACTURERS
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 Gross No. of Year Main Beverage Main Beverage Brands Top Executive
Previous Telephone/Fax Revenue $ Full-Time Established Products Manufactured Title
Ranking Internet Address Employees in P.R. Manufactured
1/1 Coca-Cola Puerto Rico Bottlers Minillas Ind. Park 570,068,400 981 1995 Carbonated soft drinks Coca-Cola, Sprite, Dasani, Alberto de la Cruz
(787) 288-6400 / (787) 288-6535 107 Rd. 174 Nikini CEO/President
www.ccprb.com Bayamón 00959
2/2 Suiza Dairy Corp. 131 De Diego Ave. 226,000,000 811 1942 Fresh milk, juices, fruit Suiza Dairy, Suiza Fruit, Francisco R. Pérez
(787) 792-7300 / (787) 782-8120 San Juan 00921 drinks Suiza Premium, Suiza General Manager
www.suizapr.com Puro, Golden Supreme
3/3 Compañía Cervecera de P.R. Inc. 100 Alfonso Valdés Blvd. 169,500,000 254 1937 Beer, malt Medalla Light, Malta India, Camalia Valdés
(787) 834-1000 / (787) 265-7740 Mayagüez 00680 Magna, Silver Key Light President
www.cerveceradepr.com
4/4 Pepsi-Cola P.R. Distributing LLC Bo. Candelaria 140,000,000 500 1998 Carbonated soft drinks Pepsi, Aquafina, Gasolina, José A. Sanabria
(787) 251-2600 / (787) 251-2934 Rd. 865, Km. 0.4 & water Tropicana, Pettit, Mirinda, General Director
Toa Baja 00949 7Up, Mountain Dew,
Lipton
5/5 Destilería Serrallés Inc. Central Mercedita Urb. 130,000,000* 225* 1935 Rum, wine & spirits Don Q, Palo Viejo, Félix J. Serrallés Jr.
(787) 840-1000 / (787) 840-1155 151 Principal Ave. Caliche, Black Beard President
www.destileriaserralles.com Mercedita 00715
6/6 Vaquería Tres Monjitas Inc. 215 Federico Costa St. 124,619,823 452 1918 Fresh milk, juices, fruit Tres Monjitas, Frutasty, Jaime Fonalledas
(787) 474-1818 / (787) 753-8836 Hato Rey 00918 drinks Tres Monjitas Lite, President
www.tresmonjitas.com Lactiva, Tropic Twist
7/7 Bacardí Corp. 200 Rd. 165, Km. 6.2 116,000,000* 180* 1947 Spirits Bacardí Joaquín E. Bacardí III
(787) 788-1500 / Cataño 00962 CEO/President
www.bacardi.com
8/8 Goya de Puerto Rico Inc. Luchetti Ind. Park 90,500,000* 587 1949 Juices, nectars, malt Goya, Morena Carlos A. Unanue
(787) 622-4900 / (787) 798-7970 Francisco de Goya Ave. President
www.goyapr.com Bayamón 00960
9/9 Industria Lechera de P.R. Inc. 198 Chardón Ave. 56,462,415 90 1952 UHT milk Indulac Larry A. Lugo
(787) 753-0974 / (787) 753-0951 Hato Rey 00918 President
www.indulacpr.com
10/10 Campofresco Corp. Rd. 545, Km. 0.3 35,085,000 140 1982 Fruit juices & beverages Lotus, Caribik Sun, Caribe Jorge L. Santiago
(787) 845-4747 / (787) 845-3490 Santa Isabel 00757 Plant Manager
www.campofresco.com
* CARIBBEAN BUSINESS estimate
No. of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 143

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As Ranked by ®

PUERTO RICO’S LARGEST FOOD PRODUCTS MANUFACTURERS


(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of Year Main Food Main Brands Top Executive
Previous Telephone/Fax Gross Full-Time Established Products Manufactured Title
Ranking Internet/Email Address Revenue $ Employees in P.R. Manufactured
1/1 Molinos de Puerto Rico Inc. Sabana Ind. Park 205,000,000* 97 1958 Wheat & corn flour, Amapola, Full Power, Jon D. Stuewe
(787) 793-1111 / (787) 793-1030 Hwy. 165, Km. 1.1 rice, animal feed Buccaneer, Special 50 President/General Manager
www.amapolapr.com Guaynabo 00965 ingredients
2/2 Holsum de Puerto Rico Inc. Bo. Candelaria 120,000,000 842 1958 Bread, buns, cakes, Holsum, Bimbo, Ramón Calderón
(787) 798-8282 / (787) 251-2060 Hwy. 2, Km. 20.1 donuts, cookies Country Hearth President
www.holsumpr.com Toa Baja 00949
3/3 Pan Pepín Inc. Minillas Ind. Park 97,800,000 506 1970 Sandwich bread, hot Pan Pepín, Nature’s Mario Somoza
(787) 787-1717 / (787) 740-2029 203 Laurel Ave. dog & hamburger Own, Healthy Choice CEO/President
www.panpepin.com Bayamón 00959 buns, dinner rolls
4/4 Goya de Puerto Rico Inc. Luchetti Ind. Park 90,500,000* 587 1949 Adobo, tomato Goya Carlos A. Unanue
(787) 622-4900 / (787) 798-7970 Francisco de Goya Ave. sauce, beans, rice, President
www.goyapr.com Bayamón 00960 seasonings, spices,
olive oil
5/5 To-Ricos Ltd. Bo. Asomante 84,660,033 426 2006 Poultry To-Ricos Victor Mario Hérnandez
(787) 735-8061 / (787) 735-6488 Rd. 14, Km. 48.5 Complex Manager
www.pilgrims.com Aibonito 00705
6/6 PepsiCo Foods Caribbean Inc. Corporate Office Park 78,000,000* 417 1952 Salty snacks Frito-Lay, Quaker, Alejandro Mejia
(787) 720-6825 / (787) 272-5570 42 Rd. 20, Suite 205 Gamesa General Manager
www.pepsico.com Guaynabo 00966
7/7 Puerto Rico Coffee Roasters LLC Minillas Ind. Park 70,000,000* 125 2008 Coffee Crema, Café Rico, Rioja, Alberto de la Cruz
(787) 288-6400 / (787) 288-6527 Rd. 174, Lot 107 Yaucono, Alto Grande, President
www.puertoricocoffeeroasters.com Bayamón 00959 Encantos, Adjuntas
8/8 Industria Lechera de P.R. Inc. 198 Chardón Ave. 56,462,415 90 1952 Butter, cheese, UHT Indulac Larry A. Lugo
(787) 753-0974 / (787) 753-0951 Hato Rey 00918 milk President
www.indulacpr.com
9/9 Rovira Biscuit Corp. 619 La Ceiba Ave. 47,000,000* 285 1929 Cookies, crackers, Rovira, Treats, Carlos Rovira
(787) 844-8585 / (787) 848-7176 Ponce 00717 snacks Tempting, 100 to en CEO/President
www.rovirabiscuits.com boca, Rositas
10/10 EuroCaribe Packing Co. Inc. Cabo Caribe Ind. Park 38,790,000 148 1967 Smoked meat, deli El Serranito, Congusto, Manuel Matosantos
(787) 793-6900 / (787) 793-0454 A St., Lot 23 cuts, frozen fruits Campo Verde President
www.elserranitopr.com Vega Baja 00693
11/11 Pastelería Los Cidrines Inc. Zeno Gandía Ind. Park 21,500,000* 130* 1978 Bread, pastries Los Cidrines María D. Cidre
(787) 878-2788 / (787) 878-5114 A St., Lot A2 President
www.cidrines.com Arecibo 00612
12/12 Mi Pan Asociados Inc. Sabana Seca Sector 20,000,000 89 1973 Frozen bread dough Mi Pan José L. Labeaga
(787) 784-6604 / (787) 261-1395 Rd. 866, Km. 3.4 President
www.mipanasociados.com Toa Baja 00952
13/13 Century Packing Corp. Rd. 9939, A St., Lot 2 16,500,000* 76 1963 Sausages Carmela Manuel Coriano
(787) 716-2555 / (787) 716-2597 Las Piedras 00771 General Manager
carmela@cenpacking.com
14/14 Borinquen Biscuit Corp. Bo. Lluveras 14,800,000* 124 1932 Cookies, crackers Royal Borinquen, Vainilla Antonio Rodríguez Zamora
(787) 856-3030 / (787) 856-5339 Rd. 376, Km. 0.1 Imperial, Florecitas, Cien CEO
www.galletasroyalborinquen.com Yauco 00698 en boca, Rica
15/15 Productos La Finca Inc. 61 Quilinchini Ave. 10,800,000* 41 1999 Hot cereals, oatmeal, Maga, Jukiao Eniel Torres Ojeda
(787) 873-3177 / (787) 873-3260 Sabana Grande 00637 flour, seasonings, President
www.magafoods.com popcorn, pork rinds,
sweet rice pudding
16/16 Numeat Packing Inc. Mario Julia Ind. Park 10,000,000 90 1998 Meat processor Numeat, Numar Elpidio Núñez III
(787) 781-1950 / (787) 781-1125 796 C St. President
www.northwesterselecta.com San Juan 00920
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®
PUERTO RICO’S LARGEST PACKAGING COMPONENT COMPANIES
(Listed According to 2015 Gross Packaging Components Revenue)
Current/ Company Name Physical Address 2015 Gross No. of Main Packaging Products Year Top Executive
Previous Telephone/Fax Packaging Full-Time Established Title
Ranking Internet/Email Address Components Employees in P.R.
Revenue $
1/1 Borinquen Container Corp. 800 El Mangotín St. 48,000,000 195 Corrugated packaging, fiber drums 1969 Livette González
(787) 898-5000 / (787) 898-5079 Hwy. 2, Km. 85.2 CEO/President
www.borinquengroup.com Hatillo 00659
2/3 Packaging Solutions 1 Bo. Guaraguao 27,000,000 162 Corrugated board, laminated films, 1976 Carlos Casellas
(787) 622-7225 / (787) 622-7245 Rd. 174, Km. 5.1 industrial foam, thermoformed President
www.flepak.com Bayamón 00959 trays
3/4 Pac Tech International Inc. Hwy. 3, Km. 12.7 19,000,000* 117 Plastic bottles & containers 2002 Ernesto Asencio
(787) 999-7310 / (787) 999-7314 Carolina 00985 President
www.e-diesco.com
4/5 WestRock Puerto Rico Inc. 2 Amelia Ind. Park 18,900,000* 95 Corrugated boxes 1971 Héctor O. De Jesús
(787) 792-7800 / (787) 793-7593 47 Amelia St. General Manager
www.westrock.com Guaynabo 00968
5/6 North America Packaging of P.R. Inc. El Jíbaro Ind. Park 14,800,000* 42 Plastic containers 1984 Cristóbal De Jesús
(787) 739-7401 / (787) 739-7403 Rd. 172, Km. 13.4 Plant Manager
www.bwaycorp.com Cidra 00739
6/8 Foam Pack Puerto Rico Inc. Bo. Quebrada Arenas 13,102,521 115 Protective packaging, insulated 1981 Manuel Antonio Barreiro
(787) 731-9000 / (787) 731-9494 Hwy. 1, Km. 26 contaners, corrugated boxes General Manager
www.fpackpr.com Río Piedras 00925
7/7 Alco High Tech Plastics Inc. Cibuco Ind. Park 10,318,083 110 Plastic bags, shrink film, pouch, 1997 Gilberto Nieves Rivera
(787) 859-6590 / (787) 859-6910 Rd. 159, Km. 13.5 laminated packaging CEO/President
www.alcohtgroup.com Corozal 00783
8/9 National Label Company P.R. Humacao Ind. Park 9,037,150 45 Labels, inserts, security printed 1990 Nan Shacklett Sweeney
(787) 850-3232 / (787) 850-1335 Hwy. 3, Km. 76.9 products CEO
www.nationallabelpr.com Humacao 00791
9/10 Inter-Strap Packaging Systems Inc. Tres Monjitas Ind. Park 8,000,000 15 Hot melt adhesives, industrial tapes, 1986 Antonio Fernández
(787) 771-5230 / (787) 765-2130 371 Ángel Buonomo St. steel & plastics strapping, plastic CEO
www.inter-strap.com Hato Rey 00918 films
10/11 Comar Unicon Puerto Rico LLC 1801 Antonio R. Barceló Ave. 6,800,000 38 Plastic bottles & closures, printed 2010 Antonio Cardona
(787) 738-8044 / (787) 263-2136 Cayey 00736 plastic dropper tips General Manager
www.comar.com
11/12 Caribe Industrial Systems Inc. Bo. Hato Tejas 6,300,000 18 Stretch film, tape, metal & plastic 1977 W. Paul Gundry
(787) 787-2474 / (787) 786-4660 Hwy. 2, Km. 15.2 strapping, liquid & hot-melt President
www.caribeindustrial.com Bayamón 00961 adhesives
12/- 3M Puerto Rico Inc. B7 Tabonuco St. 5,000,000 69 Packaging tapes 1960 Lourdes Monteagudo
(787) 620-3000 / (787) 620-3018 Suite 1601, 16th Floor Branch Manager
www.3m.com Guaynabo 00968
12/13 GreenCorr Packaging Solutions LLC Contorno Ind. Park 5,000,000 13 Corrugated pallets & boxes 2012 Benny Meneses
(787) 870-6600 / (787) 870-6611 Rd. 8861 President
www.greencorr.com Toa Alta 00953
14/15 Lianca Folding Box Inc. Medianía Baja Ind. Park 4,200,000* 50 Folding boxes 1980 Iván Castillo
(787) 750-1810 / (787) 757-8045 Rd. 187, Km. 7.7 General Manager
icastillo@liancafb.com Loíza 00772
15/14 Norman Roquette Inc. Bo. Palmas 3,524,777 8 Stretch film, tape, corrugated 1976 Lygia Roquette
(787) 275-5377 / (787) 275-5361 210 Rd. 869 cartons Vice President
www.normanroquette.com Cataño 00962
* CARIBBEAN BUSINESS estimate
1. Formerly known as Flexible Packaging Group
2. Formerly known as Rock Tenn Puerto Rico Inc.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from public documents.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 145

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As Ranked by ®

PUERTO RICO’S LARGEST PLASTICS MANUFACTURERS


(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 Gross No. of Main Products/Services Main Industries Served Top Executive
Previous Telephone/Fax Revenue $ Full-Time Offered Title
Ranking Internet/Email Address Employees
1/1 Nypro Puerto Rico Inc. Luis Muñoz Marín Ave. 32,691,085 240 Plastic injection & blow molding, Healthcare Pedro Martínez
(787) 738-4211 / (787) 738-2648 Rd. 15, Km. 25.4 assembly, mold repair, plastic General Manager
www.nypro.com Cayey 00736 parts design support
2/- Alpla Caribe Inc. Hwy. 3, Km. 144.7 32,536,000 N/P Plastic packaging, bottles, caps, Food & beverage, household Richard Lisch
(787) 864-3555 (787) 864-1730 Guayama 00784 crates, pails products, automotive, chemical, President
www.alpla.com personal care, healthcare
3/2 Packaging Solutions ** Bo. Guaraguao 27,000,000 162 Thermoforming, laminated films Pharmaceutical, medical devices, Carlos Casellas
(787) 622-7225 / (787) 622-7245 Rd. 174, Km. 5.1 (oxygen & humidity barriers), electronics, electrical, food & President
www.flepak.com Bayamón 00959 industrial foam & packaging construction
materials
3/3 Tech Group Puerto Rico LLC Hwy. 1, Km. 48.7 27,000,000 250 Custom-made injection molding, Medical devices, pharmaceutical Rubén Aguayo
(787) 747-4900 / (787) 747-5117 Cidra 00739 contract manufacturing Plant Manager
www.techgroup.com
5/4 Pet Plastics LLC Bo. Certenejas 20,250,000* 147 Preforms & beverage bottles Bottlers Florencio Fernández
(787) 739-7100 / Rd. 172, Km. 17.4 manufacturing Operations Director
arodriguez02@ccprb.com Cidra 00739
6/6 PacTech International Inc. Hwy. 3, Km. 12.7 19,000,000* 117 Plastic bottles & containers Retail Ernesto Asencio
(787) 999-7310 / (787) 999-7314 Carolina 00985 President
www.e-diesco.com
7/5 Vassallo International Group Inc. Bo. Coto Laurel 17,000,000 71 PVC pipes, fittings, plastic Wholesale, retail Rafael V. Vassallo
(787) 848-1515 / (787) 848-3666 1000 Rd. 506 furniture & water tanks CEO/President
www.vassalloindustries.com Ponce 00780
8/7 IDI Caribe Inc. Hwy. 3, Km. 151.8 15,546,427 40 Bulk molding compound Electrical Aníbal Miranda
(787) 853-2186 / (787) 853-2187 Salinas 00704 Plant Manager
www.idicomposites.com
9/8 Alco High Tech Plastics Inc. Cibuco Ind. Park 10,624,766 110 Flexible plastic materials for Pharmaceutical, medical devices, Gilberto Nieves Rivera
(787) 859-6590 / (787) 859-6910 Rd. 159, Km. 13.5 packaging industrial packaging, electronics, CEO/President
www.alcohtgroup.com Corozal 00783 food, construction
10/9 Techno Plastics Industries Inc. Rd. 402, Km. 0.6 8,511,470 140 High precision injection molded Medical devices, electronics Roberto L. Tous
(787) 826-6000 / (787) 826-6020 Añasco 00610 parts, micro-molding, ultrasonic President/General
www.technoplastics.com welding & sub-assemblies Manager
* CARIBBEAN BUSINESS estimate Unless otherwise noted, all information was provided by the
** Formerly known as Flexible Packaging Group companies or obtained from public records.
N/P - Not Provided Research by Ana D. Ortiz
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee). Copyright © 2017 CARIBBEAN BUSINESS

We offer custom solutions for


Medical Device & Electronics Markets
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TPI 0LFURPROGLQJ1-1000 m
Inventory Control KanEan
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Techno Plastic Industries, Inc. • Tel.(787) 826-6000


Road 402 Km. 0.6 • Añasco, PR P.O. Box 1544 - 00610 – 1544
WHFKQRSODVWLFV@technoplastics.com • www.technoplastics.com

146 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST
PHARMACEUTICAL MANUFACTURERS
(Listed According to Number of Full-Time Employees as of September 2016)
Current/ Company Name Physical Address No. of No. of Main Products Manufactured Year Contact Person
Previous Telephone/Fax Full-Time Manufacturing (Includes Brand Names) Established Title
Ranking Internet Address Employees Plants in P.R. in P.R.
1/3 Pfizer Pharmaceuticals LLC Bo. Carmelita 2,270 3 Advil, Caltrate, Lipitor, Celebrex, 1972 Giuseppe Allocca
(787) 858-2323 / Rd. 689, Km. 1.9 Neurontin, Lyrica, Dilantin, Effexor, Site Leader
www.pfizer.com Vega Baja 00694 Cardura XL
2/2 Amgen Manufacturing Ltd. Rd. 31, Km. 24.6 1,800 1 Human therapeutic products 1992 Kerry Ingalls
(787) 916-2000 / (787) 916-6464 Juncos 00777 Site Operations Vice President
www.amgen.com
3/1 Johnson & Johnson Los Frailes Ind. Park 1,760 4 Ortho Tri-Cyclen, Tylenol, Imodium, 1962 Pedro Costa
(787) 272-6500 / 475 C St. Motrin, Ultracet, Levaquin, Benadryl, Director/Government &
www.jnj.com Guaynabo 00969 Risperdal, Zyrtec, Ortho Evra Public Affairs P.R.
4/5 Lilly del Caribe Inc. 430 Fabril St. 1,600 2 Cialis, Cymbalta, Strattera, Symbax, 1965 Lourdes S. Colón
(787) 257-5555 / (787) 257-5429 Carolina 00987 Adcirca, Humalog President/General Manager
www.lilly.com
5/4 Baxter Healthcare Corp. of P.R. 250 Rd. 144 1,285 2 Pre-mixed drugs, standard solutions, 1960 Luis A. Vélez
(787) 828-3700 / Jayuya 00664 Mini-Bag Plus system, Forane, Suprane Regional Operations Director
www.baxter.com & Sevoflurane anesthetics
6/6 AbbVie Ltd. Cruce Dávila 971 3 Kaletra, Niaspan, Biaxin XL/IR, Pediatric 1969 Stephen Muldoon
(787) 970-1800 / (787) 846-5132 Hwy. 2, Km. 58.0 Clarithromycin, Depakote DR/ER, K-Tab, VP Manufacturing &
www.abbvie.com Barceloneta 00617 Tranxene, Desoxyn, Humira, Synthroid Engineering Services
7/7 Bristol-Myers Squibb Manufacturing Co. Hwy. 3, Km. 77.5 795 2 Abilify, Eliquis, Avapro, Glucophage, 1989 Thomas R. Edwards
(787) 852-1255 / (787) 656-4782 Humacao 00791 Stocrin, Glucovance, Pravachol, Vice President/General Manager
www.bms.com Cardiolite, Lipostat, Orencia IV & SC,
Abilify IM, Sustiva, Onglyza
8/8 Patheon Puerto Rico Inc. Rd. 670, Km. 2.7 556 1 Pharmaceutical contract products 2004 Francis J. Vázquez
(787) 621-2500 / (787) 621-2525 Manatí 00674 Executive Director/
www.patheon.com General Manager
9/9 MSD International GmbH Pridco Ind. Park 319 1 Atozet, Belsomra, Janumet XR, Zetia, 1985 Marcos Costa
(P.R. Branch) LLC Rd. 183 Montaclar, Claritin, Clarinex, Temodar, Associate Vice President
(787) 912-2222 / (787) 912-1736 Las Piedras 00771 Rebetol (ribavirin) Plant Management
www.merck.com
10/10 iPR Pharmaceuticals Inc. San Isidro Ind. Park 300 1 Solid dosage tablets 1986 Ileana Quiñones
(787) 957-1400 / (787) 957-4431 Rd. 188, Lot 17 President/General Manager
www.astrazeneca.com Canóvanas 00729
11/11 Neolpharma Inc. 99 Jardines St. 215 1 Branded & generic oral solid 2013 Bernie Morales
(787) 286-4000 / (787) 286-4301 Caguas 00725 dosage products General Manager
www.neolpharma.com
12/- Merial Barceloneta LLC Hwy. 2, Km. 56.7 204 1 Animal health products, 2015 Edwin Rodríguez
(787) 623-6000 / Barceloneta 00617 Heartgard, Heartgard Plus Managing Director
www.sanofi.com
13/- Avara Pharmaceutical Services Bo. Sabana Hoyos 197 1 Pharmaceutical contract products 2015 Idalia M. García
(787) 623-7000 / (787) 623-7219 Hwy. 2, Km. 60.3 Vice President/Site Director
www.avara.com Arecibo 00688
Chart includes pharmaceutical manufacturing plants only.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee), and may include temporary employees.
Unless otherwise noted, all information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 147

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As Ranked by ®
PUERTO RICO’S LARGEST WINDOW & DOOR MANUFACTURERS
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of No. of Main Products Year Top Executive
Previous Telephone/Fax Gross Full-Time Showrooms Established Title
Ranking Internet Address Revenue $ Employees in P.R.
1/1 Air Master Awning LLC Hwy. 2, Km. 56.7 40,070,650 432 1 Aluminum & glass windows 1974 Nicolás Megwinoff
(787) 623-1800 / (787) 623-0087 Barceloneta 00617 & doors President
www.airmasterpr.com
2/- Grupo Sultana Corujo Ind. Park 23,003,354 156 5 Aluminum windows & doors 1988 Samuel García
(787) 395-7979 / 90 E St. President
www.aluwest.com Bayamón 00961
3/4 Industrias Feliciano Aluminum Inc. Bo. Palmar 16,000,000 120 3 Aluminum windows & doors 1980 Neftalí Feliciano
(787) 891-5224 / (787) 882-1655 Rd. 111, Km. 1.8 President
www.industriasfeliciano.com Aguadilla 00605
4/3 Vent-Alarm Corp. Rd. 189, Km. 9.2 14,800,000 142 2 Aluminum & glass windows 1981 Fernando Sosa
(787) 653-0152 / (787) 737-5773 Gurabo 00778 & doors President
www.valcorpr.com
5/2 American Agencies Co. El Cinco Sector 9,830,000 27 1 Hollow metal & rolling 1956 Omir Méndez
(787) 758-6300 / (787) 763-6021 1554 Ponce de León Ave. doors, toilet partitions, President
www.americanagenciesco.com Río Piedras 00926 architectural hardware,
structural steel
6/6 Condado Window Hurricane 903 R.H. Todd Ave. 4,250,000* 50 1 Accordion & roll-up shutters, 1981 Robert Vanbever
Protection Inc. Santurce 00908 aluminum panels, security President
(787) 723-5469 / (787) 722-1395 windows & doors
www.condadowindow.com
7/5 Glasstra Aluminum Inc. Las Palmas Ind. Park 3,900,000 50 1 Aluminum & glass windows & 1978 José M. Trapote
(787) 788-5658 / (787) 788-5070 A-7 4th St. doors, skylights, storefronts, President
www.glasstra.com Cataño 00962 curtain wall
8/7 Grupo Manufacturero Vázquez ** Rd. 670, Km. 3.5 1,500,000 25 2 Aluminum & glass security 2001 Ramón Vázquez
(787) 884-6111 / (787) 884-6852 Manatí 00674 windows & doors President
www.allswd.com
9/9 Continental Glass Corp. Los Lagos Ave. 900,000 13 2 Aluminum & glass windows 2001 José L. Meléndez
(787) 270-2488 / Levittown & doors President
www.continentalglasspr.com Toa Baja 00950
* CARIBBEAN BUSINESS estimate
** Also known as All Security Windows & Doors.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from public documents.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

148 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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Retail
Top 20 Retailers 150

Apparel Retail Chains-Locally Owned 151

General Merchandise Stores 152

Auto Dealers 153

Office Supplies & Equipment Stores 154

Pharmacies 155

Restaurant Franchise Operators 156

Shopping Centers 157

Home Furniture Stores 158

Supermarkets and Cash & Carries 158

BOL_149.indd 149 1/27/17 10:44 AM


As Ranked by ®
PUERTO RICO’S TOP 20 RETAILERS
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 Gross No. of Year Main Line of Business Top Executive
Previous Telephone/Fax Revenue $ Full-Time Established Title
Ranking Internet/Email Address Employees in P.R.
1/1 Supermercados Econo Inc. Sabana Abajo Ind. Park 1,550,000,000* 6,550* 1970 Supermarket chain Eduardo Marxuach
(787) 620-9292 / (787) 620-4630 1428 Río Danubio St. CEO
www.superecono.com Carolina 00985
2/2 Walgreens Villa Caparra Ext. 1,251,900,906 4,500 1960 Drug store chain Nivia I. Santiago
(787) 705-6555 / (787) 705-0206 580 Marginal Buchanan Regional Vice President
www.walgreens.com Guaynabo 00966
3/3 Walmart Stores Bo. Río Cañas 1,174,000,000* 7,500* 1992 Discount department-store chain Jaime L. Fernández
(787) 653-7777 / (787) 653-7140 Hwy. 1, Km. 28.7 Regional General Manager
www.walmartpr.com Caguas 00725
4/4 Sam’s Club Bo. Río Cañas 954,000,000* 3,060* 1992 Membership superstore Olga Ramos
(787) 653-7777 / 1 (888) 715-4186 Hwy. 1, Km. 28.7 Senior Director/
www.samsclubpr.com Caguas 00725 Regional Manager
5/5 Costco Minillas Ind. Park 662,776,000* 1,057 2001 Membership superstore Steve Power
(787) 993-9311 / (787) 993-9305 125 A St. District Manager
www.costco.com Bayamón 00959
6/6 Supermercados Selectos Inc. Dorado Ind. Park II 592,000,000* 2,000* 1978 Supermarket chain Ariel Torres
(787) 275-2165 / (787) 883-8997 Hwy. 2, Km. 25.8 President
www.selectospr.com Dorado 00646
7/7 Supermercados Amigo Inc. Bo. Río Cañas 503,000,000* 2,735* 1966 Supermarket chain Jaime L. Fernández
(787) 653-7777 / 1 (888) 715-4186 Hwy. 1, Km. 28.7 Regional General Manager
www.amigo.com Caguas 00725
8/8 Kmart Corp. Montehiedra Town Centre 442,363,000 2,315 1962 Discount department-store chain Dave Rodney
(787) 287-3141 / (847) 396-1964 9410 Los Romeros Ave. President
www.kmart.com Río Piedras 00926
9/10 The Home Depot Torres CPA Group Bldg. 390,000,000* 1,600 1998 Hardware store chain Carlos F. Fines
(787) 776-8500 / (787) 776-8570 Rd. 190, Km. 0.7, Suite 102 District Manager
www.thehomedepot.com Carolina 00983
10/11 Ralph’s Food Warehouse Inc. Las Piedras Ind. Park 355,000,000* 1,719 1993 Supermarket chain José R. Soto
(787) 733-0959 / (787) 912-0201 Rd. 183 & Jesús T. Piñero Ave. President
www.ralphspr.net Las Piedras 00771
11/13 Triangle Dealers & Lexus de San Juan 211 J.F. Kennedy Ave. Marginal 321,502,047 407 1993 Auto dealer Charles G. Vaillant
(787) 277-0717 / (787) 622-0830 Bechara Ind. Park President
www.triangledealers.com San Juan 00920
12/12 Sears Roebuck de P.R. Inc. Montehiedra Town Centre 311,182,000 1,564 1937 Department-store chain Dave Rodney
(787) 731-3393 / (847) 396-1964 9410 Los Romeros Ave. President
www.searspr.com Río Piedras 00926
13/15 Supermercados Mr. Special Inc. 620 Santa Teresa Jornet Ave. 282,014,685 1,071 1966 Supermarket chain Santos Alonso Maldonado
(787) 834-2695 / (787) 834-9843 Mayagüez 00682 President
presidente@mrspecialpr.biz
14/14 SuperMax Del Norte Distribution 277,500,000 1,281 2002 Supermarket chain José M. Revuelta
(Supermercados Máximo Inc.) Center II President
(787) 783-1555 / (787) 783-1547 Rd. 869, Km. 4.2
www.supermaxpr.om Cataño 00962
15/- Bella Group ** Bechara Sector 245,173,446 619 1963 Auto & motorcycle dealer Carlos López-Lay
(787) 620-7010 / (787) 620-7534 Lot C-1, Segarra St. CEO/President
www.bellagroup.com San Juan 00920
16/16 Burger King Bo. Palmas 240,300,000* 3,363* 1963 Fast-food restaurant chain Aniceto Solares
(Caribbean Restaurants LLC) Rd. 5, Km. 27.4 CEO
(787) 474-7777 / (787) 275-7800 Cataño 00962
www.burgerkingpr.com
17/- Marshalls 65th Infantry Ave. 215,000,000* 1,000* 1994 Department store chain Radamés López
(787) 757-1350 / (787) 276-2430 Rd. 887, Km. 7.2 Noemi Rivera
www.marshallsonline.com Carolina 00984 District Managers
18/17 National Lumber & Hardware 246 Country Club Urb. 205,000,000* 1,075* 1991 Hardware store chain Israel Kopel
(787) 641-8200 / (787) 641-8299 Roberto Sánchez Vilella Ave. President
www.ferreteriasnational.com Carolina 00982
19/18 McDonalds Montehiedra Office Centre 198,750,000* 2,782* 1967 Fast-food restaurant chain Gabriel Serber
(Arcos Dorados Puerto Rico LLC) 9615 Los Romeros Ave. Managing Director
(787) 748-8200 / Suite 307
www.mcdonalds.com.pr Río Piedras 00926
20/19 JC Penney Puerto Rico Inc. Plaza Las Américas 180,000,000* 1,650* 1968 Department-store chain Otis Buchanan
(787) 758-1919 / (787) 274-4844 525 F.D. Roosevelt Ave. Regional Vice President
www.jcp.com Hato Rey 00918
* CARIBBEAN BUSINESS estimate
** Retail division
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

150 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST
LOCALLY OWNED APPAREL RETAIL CHAINS
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of Year Type of Type of Apparel Top Executive
Previous Telephone/Fax Gross Full-Time Established Apparel Store Sold Title
Ranking Internet Address Revenue $ Employees in P.R. Men’s Women’s Children’s
1/1 Kress Stores of Puerto Rico Inc.1 Matadero St. End 110,000,000* 740* 1963 - X X Casual, semiformal, Mark Berezdivin
(787) 783-5374 / (787) 782-2111 Suite 2, 598 St. A sport & beach President
www.shopkress.com San Juan 00920
2/2 Tiendas La Gran Vía Inc. 167 José de Diego Ave. 31,000,000* 355 1978 X - X Casual, sport, Enrique Ledo
(787) 817-5817 / (787) 879-3334 Arecibo 00612 semiformal & beach President
www.lagranviapr.com
3/3 Gatsby Rd. 156, Km. 58.8 21,573,454 304 1965 X X - Casual, semiformal, Jorge Galliano
(Komodidad Distributors Inc.) Caguas 00727 sport & beach Vice President
(787) 746-3188 / (787) 746-0990
www.gatsbyworld.com
4/4 Madison Group 2 Luchetti Ind. Park 12,801,896 161 1956 X - X Casual, semiformal, Elías L. Blanco
(787) 740-2400 / (787) 740-2452 Rd. 5, Km. 5.5 sport & beach President
Bayamón 00960
5/5 Valija Gitana Inc. 10076 San Marcos Ave. 7,791,220 98 1993 - X - Casual Robert Van Kirk
(787) 701-6767 / (787) 701-6788 Suite 1 President
www.valijagitana.com Carolina 00982
6/6 Roma Limited Inc. 241 Eleanor Roosevelt St. 5,500,000* 28* 1981 X X - Casual, formal, Luis Burguera
(787) 764-2120 / (787) 765-3440 Hato Rey 00918 semiformal & sport President
www.romaltd.com
7/7 Hecho a Mano Inc. The Diplomat Bldg. 2,400,000* 27 1996 - X - Casual & ethnic Víctor Ianni Muñoz
(787) 722-5322 / (787) 723-9580 1126 Ashford Ave. President
www.hechoamanoonline.com Santurce 00907
* CARIBBEAN BUSINESS estimate
1. Total revenue includes affiliated store Click.
2. Total revenue includes affiliated stores La Esquina Famosa Inc. & Blanco Vélez Stores Inc.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 151

BOL_151.indd 151 1/13/17 5:13:52 PM


As Ranked by ®

PUERTO RICO’S LARGEST GENERAL MERCHANDISE STORES


(Listed According to 2015 Gross Revenue in Puerto Rico)
Current/ Company Name Physical Address 2015 Gross No. of No. of Year Customer Credit Cards Top Executive(s)
Previous Telephone/Fax Revenue $ Stores Full-Time Est. Services Accepted Title
Ranking Internet/Email Address in P.R. in P.R. Employees in P.R.

American Express
Special Order

Master Card
Lay Away

Cafeteria

Discover

In Store
Catalog
ATM

Visa
1/1 Walmart Stores Bo. Río Cañas 1,174,000,000* 18 7,500* 1992 X - X X X X X X X X Jaime L. Fernández
(787) 653-7777 / (787) 653-7140 Hwy. 1, Km. 28.7 Regional General
www.walmartpr.com Caguas 00725 Manager
2/2 Kmart Corp. Montehiedra Town Centre 442,363,000 21 2,315 1962 X - X X X X X X X X Dave Rodney
(787) 287-3141 / (847) 396-1964 9410 Los Romeros Ave. President
www.kmart.com Río Piedras 00926
3/3 Sears Roebuck de Montehiedra Town Centre 311,182,000 9 1,564 1937 X - X X X X X X X X Dave Rodney
Puerto Rico Inc. 9410 Los Romeros Ave. President
(787) 731-3393 / (847) 396-1964 Río Piedras 00926
www.searspr.com
4/5 Marshalls 65th Infantry Ave. 215,000,000* 20 1,000* 1994 - - X - - X X X X X Radamés López
(787) 757-1350 / (787) 276-2430 Rd. 887, Km. 7.2 Noemí Rivera
www.marshallsonline.com Carolina 00984 District Managers
5/4 JC Penney Puerto Rico Inc. Plaza Las Américas 180,000,000* 7 1,650* 1968 X X - X X X X X X X Otis Buchanan
(787) 758-1919 / (787) 274-4844 525 F.D. Roosevelt Ave. Regional Vice President
www.jcp.com Hato Rey 00918
6/6 Tiendas Capri Mario Julia Ind. Park 154,745,000 18 775 1963 - - X - - X X X X - Jorge C. Pica Ruiz
(J. Pica & Cía Inc.) 410 A St. President
(787) 793-7575 / (787) 793-0333 San Juan 00920
www.tiendascapri.com
7/- Burlington Coat Factory 65th Infantry Ave., Km. 3.2 108,600,000* 12 850 2007 - - X - - X X - X - Walter Rivera
(787) 756-7229 / (609) 589-3299 Río Piedras 00924 Regional Vice President
www.burlingtoncoatfactory.com
8/7 T.J. Maxx Villa Blanca Shopping Center 95,000,000* 9 700 2011 - - X - - X X X X X Lillian Hernández
(787) 905-7166 / (787) 905-7167 Hwy. 1, Km. 34.9 District Manager
www.tjmaxx.com Caguas 00725
9/8 Macy’s Plaza Las Américas 40,000,000* 2 473 2000 X - - - X X X - X X Ambar Gay
(787) 296-3970 / (787) 296-3830 525 F.D. Roosevelt Ave. Vice President/
www.macys.com Hato Rey 00918 General Manager
10/10 Grand Store Corp. 127 Dr. Veve St. 12,708,586 15 61 1984 - - X - - X X - X - Nabil Alkhatib
(787) 780-8010 / (787) 780-8062 Bayamón 00961 President
grandstorecorp@prtc.net
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

152 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST AUTO DEALERS
(Listed According to 2015 Gross Retail Sales)
Current/ Company Name Physical Address 2015 No. of No. of Authorized Makes Sold Top Executive
Previous Telephone/Fax Gross Retail Dealers Full-Time Title
Ranking Internet/Email Address Sales $ Employees
1/1 Triangle Dealers/Lexus Bechara Ind. Park 321,502,047 6 409 Lexus, Toyota, Honda, Nissan, Charles G. Vaillant
de San Juan & Ponce 211 J.F. Kennedy Ave. Marginal Chrysler, Dodge, Jeep, Ram, Fiat President
(787) 277-0717 / (787) 622-0830 San Juan 00920
www.triangledealers.com
2/2 Bella Group Bechara Ind. Park 245,173,446 11 619 Honda, Acura, Mazda Carlos López-Lay
(787) 620-7010 / (787) 620-7534 Lot C-1, Segarra St. CEO/President
www.bellagroup.com San Juan 00920
3/3 Autogermana BMW 298 Carlos Chardón Ave. 167,782,947 1 165 BMW, Mini Donald Guerrero
(787) 474-7000 / (787) 765-4717 Hato Rey 00919 Vice President
www.autogermanabmw.com
4/5 Auto Grupo 701 65th Infantry Ave. 148,000,000 11 270 Chrysler, Dodge, Jeep, Nissan, Gerardo Pascual
(787) 753-3000 / (787) 274-8460 Río Piedras 00929 Kia, Fiat President
www.autogrupopr.com
5/4 Cabrera Inc. Hwy. 2, Km. 82.2 132,720,000* 3 260 Chrysler, Dodge, Jeep, Ram, Juan Colón Cabrera
(787) 880-8080 / (787) 880-0502 Arecibo 00614 GMC, Ford, Nissan President
www.cabreraauto.com
6/7 Garage Isla Verde LLC Baldorioty de Castro Ave. 128,500,000* 1 160* Mercedes-Benz, Smart Carlos Quiñones
(787) 620-1313 / Los Ángeles Marginal, Km. 10.3 President
www.garageislaverde.com Carolina 00979
7/6 Gómez Hermanos Kennedy LLC Bechara Ind. Park 120,485,833 6 127 Audi, Land Rover, Ferrari, Víctor M. Gómez III
(787) 993-3474 / (787) 277-0420 J.F. Kennedy Ave. Marginal, Km. 3.8 Porsche, Maserati, Lotus, Hyundai President
www.gomezhermanoskennedy.com San Juan 00920
8/8 Grupo Felcon Hwy. 2, Km. 148 80,595,134 3 150 Toyota, Ford José Feliciano
(787) 652-1100 / (787) 652-1636 Mayagüez 00681 President
9/10 Autocentro Toyota (Autokirei Inc.) 1088 Luis Muñoz Rivera Ave. 77,341,907 1 141 Toyota Donald Guerrero
(787) 999-9110 / (787) 756-8233 Río Piedras 00926 President
www.autocentrotoyota.com
10/9 Braulio Agosto Motors LLC 65th Infantry Ave., Km. 3.1 55,201,556 1 85 Toyota Miguel A. Agosto
(787) 641-8934 / (787) 274-1130 Río Piedras 00924 General Manager
www.braulioagosto.com
11/11 Caguas Expressway Motors Inc. Bo. Río Cañas 53,401,832 1 88 Ford Elba Méndez
(787) 641-4242 / (787) 653-3368 Hwy. 1, Km. 30.6 President
www.caguasexpressway.com Caguas 00725
12/13 Calesa Motors Inc. Hwy. 1, Km. 27.5 42,221,396 1 62 Toyota Luis Cotto
(787) 747-9343 / (787) 286-4535 Caguas 00726 President
www.calesamotors.com
13/12 Alberic Chrysler Dodge Jeep Inc. J.F. Kennedy Ave., Km. 3.4 41,320,000* 1 60 Chrysler, Dodge, Jeep Alberic Colón Zambrana
(787) 793-2223 / (787) 781-7580 San Juan 00920 President
www.albericchrysler.com
14/15 Autos Vega Inc. 227 J.F. Kennedy Ave. Marginal 41,210,139 425 78 Ford, Lincoln, Volkswagen Ramón Vega Jr.
(787) 782-4030 / (787) 792-3680 San Juan 00920 President
www.autosvegaford.com
15/14 Caguas Auto Mall Inc. Rd. 172, Km. 13.7 35,700,000* 5 55 Kia, Mazda Luis A. Rivera
(787) 739-8444 / (787) 739-6666 Cidra 00739 President
www.cidraauto.com
16/16 Berríos Auto Gallery Inc. Bairoa Ind. Park 35,065,000* 3 80 Chrysler, Nissan, Hyundai Roberto Berríos
(787) 653-1818 / (787) 745-1960 Hwy. 2, Km. 34.2 President
www.berriosautogallery.com Caguas 00725
17/18 Toyota del Oeste Hwy. 2, Km. 162.6 30,099,280 1 50 Toyota Catalino Sánchez Rodríguez
(Empresas Catalino Sánchez) Hormigueros 00660 President
(787) 849-9000 / (787) 849-9036
www.toyotadeleste.com
18/- Medina Auto Sales Inc. Hwy. 1, Km. 29.7 28,530,266 5 35 Nissan, Kia Marcos Medina Ocasio
(787) 747-4444 / (787) 720-1515 Caguas 00725 President
www.medinaauto.com
19/17 Alberic Colón Auto Sales Inc. J.F. Kennedy Ave., Km. 3.4 25,950,000* 1 35 Buick, Chevrolet, Cadillac, GMC Alfredo Quiñonez
(787) 793-2222 / (787) 999-6879 San Juan 00920 Sales Manager
www.albericcolon.com
20/19 Tocars Inc. Hwy. 2, Km. 16.6 25,520,000* 2 49 Toyota Pedro A. Rodríguez
(787) 798-1900 / (787) 798-4885 Toa Baja 00949 Vice President
www.tocarstoyota.com Commercial Operations
21/- Toyota de Aguadilla Hwy. 2, Km. 119.7 17,394,390 1 43 Toyota Catalino Sánchez Rodríguez
(Centro Automotriz Toyota Inc.) Aguadilla 00603 CEO/President
(787) 891-7777 / (787) 891-3890
www.toyotadeaguadilla.com
22/- Benítez Auto Bo. Bairoa 15,500,000* 1 56 Chevrolet, GMC, Buick Pedro Benítez
(Barranquitas Auto Corp.) Hwy. 1, Km. 32.6 President
(787) 746-6262 / (787) 743-7101 Caguas 00726
www.benitezauto.com
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones Del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 153

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As Ranked by ®

PUERTO RICO’S LARGEST OFFICE SUPPLIES & EQUIPMENT STORES


(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of No. of Year Other Products Top Executive
Previous Telephone/Fax Gross Full-Time Stores Established Offered Title
Ranking Internet/Email Address Revenue $ Employees in P.R. in P.R.

Office Furniture
Office Machines

Other Products
Modular
1/- OfficeMax/Office Depot Puerto Rico ** Bo. San Antón 90,000,000* 500 13 1995 X X X X Kissel Goldman
(787) 701-1400 / (787) 701-1404 Rd. 887, Km. 3 Managing Director
www.officedepot.com Carolina 00987
2/3 Office Gallery Inc. Rd. 172, Km. 5.6 9,764,912 32 2 1997 X X X X Carmen A. Santos Franco
(787) 286-5770 / (787) 286-5765 Caguas 00725 President
o.gallery@hotmail.com
3/4 The Office Shop (Double S Tres Monjitas Ind. Park 6,400,000 38 1 1972 X X X X Arnaldo Santa Cruz
Stationery Inc.) 11 Carlos Chardón Ave. President
(787) 763-5875 / (787) 758-2524 Hato Rey 00918
www.theofficeshop.com
4/5 J.A. Riollano Co. Inc. 1561 Jesús T. Piñero Ave. 5,000,000 40 1 1970 - X - X Jaime Riollano
(787) 781-7977 / (787) 783-6980 Caparra Terrace President
www.jariollano.com San Juan 00921
5/7 City Office Supplies Forest Hills Urb. 3,200,000* 30* 6 1978 X X - X Félix Rodríguez
(787) 786-8233 / (787) 786-5340 D-42 Marginal St. President
www.cityoffisuppliespr.com Bayamón 00959
6/8 Specialty Office Products (S.O.P. Inc.) Víctor M. Fernández Ind. Park 3,000,000 17 1 1995 X X X X Ramón Ríos Cancela
(787) 760-0207 / (787) 760-8885 Lot 120, 1st St. President
www.specialtyofficeproduct.com Río Piedras 00925
7/9 Inter-Office Supplies Inc. 8117 Concordia St. 2,400,000* 18* 1 1980 X X X X Efraín Cosme
(787) 842-0052 / (787) 843-1280 Suite 1 President
www.inter-officepr.com Ponce 00717
8/6 Radamés Peña Inc. 158 N. Alfonso Valdés Blvd. 2,091,100 20 1 1941 - X X - Radamés Peña Pla
(787) 834-2402 / (787) 834-4535 Mayagüez 00680 President
www.radamespena.com
9/10 City Stationery Inc. Bo. Cañabón 2,000,000* 6 1 1984 X X X X Pedro Rodríguez
(787) 743-0285 / (787) 743-4633 Rd. 156, Km. 59.2 President
citystationeryinc@gmail.com Caguas 00725
10/11 BPA Office Supplies Inc. 355 Victoria St. 1,500,000 11 1 1985 X X - X Roberto L. Borrero
(787) 848-5515 / (787) 842-3942 Ponce 00730 President
bpaponce@yahoo.com
11/12 El Comandante Office Supply Inc. El Comandante Ind. Park 1,375,000* 9 1 1991 X X X X José F. Pagán
(787) 257-3335 / (787) 769-2509 B2 San Marcos Ave. President
www.elcomandanteoffice.com Carolina 00982
12/13 Santos Office Supply Inc. 55 Barceló St. 829,509 17 1 1985 - X X - Luis A. Santos Reyes
(787) 739-8848 / (787) 739-0941 Cidra 00739 President
xsantos@santosofficesupply.com
13/15 General Office Supplies Inc. 132 Winston Churchill Ave. 780,000 6 1 1987 - X - X José B. Prieto
(787) 751-3880 / (787) 763-1691 Río Piedras 00926 President
www.generalofficesuppliespr.com
14/14 Fast Office & Computer Supply Inc. 24 Aguadilla St. 225,000 5 1 1991 - X - X Víctor M. Román
(787) 766-0067 / (787) 758-2288 Hato Rey 00917 President
pidequehay.net
* CARIBBEAN BUSINESS estimate
** OfficeMax Puerto Rico Inc. & Office Depot Inc., ranked No.1 & No. 2 respectively last year, are currently undergoing a merger transition process.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from public documents.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

154 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST PHARMACIES
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 Number No. of Year Client Services Top Executive
Previous Telephone/Fax Gross of Stores Full-Time Established Title
Ranking Internet/Email Address Revenue $ Employees in P.R.
1/1 Walgreens Ext. Villa Caparra 1,251,900,906 125 4,500 1960 ATM, groceries, household Nivia I. Santiago
(787) 705-6555 / (787) 705-0206 580 Hwy. 2 products, phone, fax & web Regional Vice President
www.walgreens.com Guaynabo 00966 orders, on-call pharmacist,
electronic records
2/2 Farmacias Plaza 76 Dr. Veve St. 44,816,738 15 231 1962 ATM, groceries, phone & fax José Pérez de Gracia
(José Pérez Fonseca Inc.) Bayamón 00961 orders, household products, President
(787) 620-9600 / (787) 740-3666 electronic records, photographic
www.farmaciasplaza.com services
3/3 Farmacia Caridad Bo. Hato Tejas 27,000,000* 9 188 1985 ATM, groceries, household Nabil Yassin
(787) 787-7733 / (787) 269-0022 Rd. 862, Km. 1.9 products, phone, fax & web Vice President
www.caridadpr.com Bayamón 00956 orders, electronic records, on-call
pharmacist
4/4 Farmacia Ruiz Belvis Inc. 17 Rafael Cordero Ave. 17,337,417 6 108 1982 ATM, groceries, household Carlos R. Ocasio
(787) 746-4919 / (787) 258-7060 Caguas 00725 products, on-call pharmacist, President
farmaciaruizbelvis@gmail.com electronic records, phone & fax
orders, photographic services
5/5 First Pharmacy (Hamed Corp.) Hyde Park Urb. 16,000,000* 7 70* 1991 ATM, groceries, household Hassan Sabri Hamed
(787) 763-9536 / (787) 754-5517 870 Las Marías St. products, phone, fax & web President
hassanhamed38@yahoo.com Río Piedras 00926 orders, photographic services,
on-call pharmacist, electronic
records
6/5 Farmacias Medina Inc. Villa Carolina Urb. 15,000,000* 5 81 1978 ATM, groceries, phone, fax & Samuel Medina
(787) 752-5111 / (787) 757-2211 19 24 St. web orders, on-call pharmacist, President
farmaciasmedina@onelinkpr.net Carolina 00985 electronic records
7/8 Super Farmacia Vanga Inc. 10 Simón Madera Ave. 11,232,952 1 36 1974 ATM, groceries, household Pedro J. Vanga Feliciano
(787) 751-0565 / (787) 751-0286 Río Piedras 00924 products, phone & fax orders, President
www.farmaciavanga.com on-call pharmacist, electronic
records, photographic services
8/7 One Stop Prescription P.R. Inc. 10 Simón Madera Ave. 11,026,280 8 38 2003 Phone & fax orders, electronic Pedro J. Vanga Feliciano
(787) 751-9606 / (787) 751-0286 Río Piedras 00924 records President
www.onestoprx.net
9/12 Farmacia Belmonte Inc. 4 Comercio St. 8,856,515 6 83 1994 ATM, groceries, household David Martínez
(787) 849-4173 / (787) 264-7171 Hormigueros 00660 products, phone, fax & web President
recepcion@farmaciabelmonte.com orders, special orders, gift shop,
electronic records
10/9 Farmacias Caribe Inc. Alturas de Río Grande 6,755,656 3 50 1976 Groceries, household products, Isaías Serrano Ramos
(787) 887-5147 / (787) 887-0134 Shopping Center phone & fax orders, on-call President
rxcaribe@yahoo.com Río Grande 00745 pharmacist, photographic services,
electronic records,
11/13 Farmacia Del Pozo Inc. Rd. 149, Km. 1.5 6,700,000 1 30 1860 ATM, groceries, household Steve R. Soto
(787) 854-2041 / (787) 884-9039 Manatí 00674 products, phone, fax & web President
www.farmaciadelpozo.com orders, special orders, on-call
pharmacist, electronic records
12/10 Farmacia Americana Inc. 1854 Loíza St. 5,627,527 1 N/P 1952 Groceries, phone & fax orders Pedro Fernández
(787) 728-6095 / (787) 982-6171 Santurce 00911 President
famericanainc@gmail.com
13/11 Farmacia Feliciano Inc. 5 Cristobal Colón St. 5,150,000* 2 43 1984 ATM, groceries, household Carmen E. Feliciano
(787) 893-2280 / (787) 266-6505 Yabucoa 00767 products, phone, fax & web President
feliciano2@ffeliciano.com orders, special orders, on-call
pharmacist, electronic records
* CARIBBEAN BUSINESS estimate
N/P - Not Provided
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from public documents.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 155

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As Ranked by ®
PUERTO RICO’S LARGEST RESTAURANT FRANCHISE OPERATORS
(Listed According to 2015 Gross Revenue in P.R.)
Current/ Management Company Name 2015 Gross No. of Franchise Information No. of No. of Year Top Executive
Previous Physical Address Revenue $ Full-Time Restaurant Name Locations Full-Time Established Title
Ranking in P.R. Employees in P.R. Emp. by in P.R. Telephone/Fax
Franchise Internet/Email Address
1/1 Caribbean Restaurants LLC 248,100,000* 3,447* Burger King 177 3,363* 1963 Aniceto Solares
Puerto Nuevo Dist. Center, Bldg. 1 Firehouse Subs 12 84* 2011 CEO
Rd. 5, Km. 27.4 (787) 474-7777 / (787) 275-7800
Cataño 00962 www.burgerkingpr.com
2/2 Encanto Restaurants Inc. 221,000,000* 2,575 KFC 86 1,119 1966 José Ribas
Montehiedra Office Centre Pizza Hut 53 820 1976 CEO
9615 Los Romeros Ave. Suite 200 Taco Bell 36 437 1985 (787) 792-4311 / (787) 277-7780
Río Piedras 00926 IHop 4 199 2010 www.empleosencantopr.com
3/3 South American Restaurants Corp. (Sarco) 208,000,000 2,484* Church’s Chicken 111 2,074* 1978 Juan A. Larrea
Amelia Ind. Park Pollo Tropical 22 410* 1994 President
Diana St., Lot 35 (787) 788-8811 /
Guaynabo 00968 www.churchspr.net
4/4 Arcos Dorados Puerto Rico LLC 198,750,000* 2,782* McDonald’s 107 2,782* 1967 Gabriel Serber
Montehiedra Office Centre Managing Director
9615 Los Romeros Ave., Suite 307 (787) 748-8200 /
Río Piedras 00926 www.mcdonalds.com.pr
5/5 International Restaurant Services Inc. 129,700,000 2,104 Chili’s Grill & Bar 22 1,365* 1994 Artur Jotic
Amelia Ind. Park Romano’s Macaroni Grill 7 489* 2000 President
Emma St., Lot 23 On The Border Mexican Grill 1 60* 2009 (787) 273-3131 / (787) 273-3141
Guaynabo 00968 PF Chang’s China Bistro 3 190* 2011 operations@irsipr.com
6/6 Wendco of Puerto Rico Inc. 126,169,925 2,041 Wendy’s 78 2,041 1978 Jorge Colón Gerena
1155 Ponce de León Ave. CEO/President
Santurce 00907 (787) 792-2001 / (787) 273-0523
www.wendys.com
7/7 Subway Island Development LLC 125,000,000 1,250 Subway 225 1,250 1995 Lyle Swanson
504 Muñoz Rivera Ave. CEO
2nd Floor (787) 282-0101 / (787) 282-8400
Hato Rey 00918 www.subway.com
8/8 BMJ Foods P.R. Inc. 50,000,000* 829* Ponderosa 25 655* 1984 Samuel H. Jové Fontán
Rio Cañas Ind. Park Bonanza 6 174* 1985 President
100 Rd. 175, Km. 0.2 (787) 286-7040 / (787) 286-7050
Caguas 00725 www.ponderosapr.com
9/9 Enigma Investments Inc. 46,500,000* 475 Domino’s 41 475 1986 Ed Lieberman
655 Marginal Del Parque St. President
Los Colobos Sector (787) 253- 0200 / (787) 253-0211
Carolina 00987 www.dominospr.com
10/10 The Taco Maker Inc. 39,000,000 560 The Taco Maker 92 560 1978 Carlos M. Budet
1055 Kennedy Ave. Marginal President
Suite 801 (787) 273-3160 / (787) 793-3130
San Juan 00920 www.tacomaker.com
11/12 Restaurants Operators Inc. 36,068,496 496 Longhorn Steakhouse 7 256 1998 Dionisio Trigo
1155 Ponce de León Ave. Olive Garden 3 240 2014 President
3rd Floor (787) 273-3180 / (787) 273-6965
Santurce 00907 www.longhornsteakhouse.com
12/11 MultiSystems Restaurants Inc. 35,598,458 470 Sizzler 13 470 1991 Carlos Trigo
1155 Ponce de León Ave. President
3rd Floor (787) 273-3180 / (787) 273-6965
Santurce 00907 www.sizzler.com
13/13 Marpor Corp. 25,820,618 435 Denny’s 12 435 1988 Ricardo González
Consolidated Mall Vice President
201 Gautier Benítez Ave., Suite A-6 (787) 653-6262 / (787) 653-6266
Caguas 00725 www.dennyspr.com
14/14 Apple Caribe Inc. 12,717,651 263 Applebee’s 5 263 2006 Jorge Colón Gerena
1155 Ponce de León Ave. CEO/President
Santurce 00907 (787) 792-2001 / (787) 273-0523
15/15 Puerto Rican Pizza Inc. 12,547,723 237 Little Caesars Pizza 17 237 1990 Carlos L. García
272 W De la Candelaria St., Suite 1 President
Mayagüez 00682 (787) 265-5081 / (787) 831-5684
www.littlecaesarspr.com
16/16 Fast Food Management Inc. 9,886,000 140 The Hot Potato 11 87 1979 John A. Regis
FirstBank Bldg., Suite 507 Reggio Pizza 3 24 1995 CEO
1519 Ponce de León Ave. Top Potato 4 29 1997 (787) 725-1814 / (787) 725-1859
Santurce 00909 www.thehotpotato.com
17/17 Famous Caribe Inc. 6,357,428 110 Famous Dave’s 3 110 2007 Jorge Colón Gerena
1155 Ponce de León Ave. CEO/President
Santurce 00907 (787) 792-2001 / (787) 273-0523
www.famousdaves.com
18/- On the Grill Food Corp. 4,906,997 70* Flamers 7 70* 1992 Javier Juelle
B5 Tabonuco St., Suite 216 President
Guaynabo 00968 (787) 792-0930 / (787) 774-8511
www.flamersgrill.com
* CARIBBEAN BUSINESS estimate
Number of full-time employees are from a period of May to July 2016 and includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from public documents.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

156 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_156.indd 156 1/13/17 4:31:44 PM


As Ranked by ®

PUERTO RICO’S LARGEST SHOPPING CENTERS


(Listed According to Gross Leasable Area as of April 2016)
Current/ Shopping Center Name Physical Address Gross No. of Parking Year Anchor Stores/Tenants Top Executive
Previous Management Company Name Leasable Stores Capacity Built Title
Ranking Internet Address Area Telephone/Fax
(in Sq. Ft.)
1/1 Plaza Las Américas 525 F.D. Roosevelt Ave. 2,000,000 300 10,000 1968 JCPenney, Sears, Macy’s Jaime Fonalledas
Plaza Las Américas Inc. Hato Rey 00918 President
www.plazalasamericas.com (787) 767-1525 / (787) 474-7475
2/2 Plaza Carolina Mall Villa Fontana Urb. 1,155,788 238 5,000 1978 Forever 21, Sears, JCPenney, Anthony Clementi
Simon Property Group Jesús M. Fragoso Ave. T.J.Maxx, Best Buy, Capri, A’GACI General Manager
www.simon.com Carolina 00983 (787) 768-0514 / (787) 762-0460
3/3 Mayagüez Mall 975 Hostos Ave. 1,125,000 125 6,000 1972 JCPenney, Sears, Walmart, Marshalls Sara Villamil
Empresas Puertorriqueñas de Mayagüez 00680 President
Desarrollo Inc. (787) 622-8108 / (787) 622-0840
4/4 Plaza del Caribe Hwy. 2, Ponce Bypass 858,000 110 3,500 1992 JCPenney, Sears, Macy’s Jaime Fonalledas
Plaza Las Américas Inc. Ponce 00716 President
www.plazadelcaribe.com (787) 259-8989 / (787) 474-7475
5/5 Plaza del Sol 725 West Main Ave. 723,783 196 3,400 1998 Walmart, Home Depot, Caribbean Francis Xavier González
DDR Corp. Suite 600 Cinemas, Bed, Bath & Beyond, Old VP Property Management
www.ddrpuertorico.com Bayamón 00961 Navy, Group USA, Pep Boys, H&M (787) 784-5527 / (787) 784-8299
6/6 Plaza del Norte Hwy. 2, Km. 81.9 698,581 164 3,740 1992 Sears, JCPenney, Toys “R” Us/Babies Francis Xavier González
DDR Corp. Hatillo 00659 “R” Us, Rooms To Go, OfficeMax, VP Property Management
www.ddrpuertorico.com T.J.Maxx (787) 784-5527 / (787) 784-8299
7/7 Plaza Escorial Bo. San Antón 636,163 48 3,240 1997 Walmart, Sam’s Club, Home Depot, Francis Xavier González
DDR Corp. 65th Infantry Ave., Km. 6.1 Caribbean Cinemas, Old Navy, VP Property Management
www.ddrpuertorico.com Carolina 00987 David’s Bridal, OfficeMax (787) 784-5527 / (787) 784-8299
8/- The Mall of San Juan 1000 Mall of San Juan Blvd. 630,000 84 3,500 2015 Nordstrom, Saks Fifth Avenue José Ayala
Plaza International Puerto Rico LLC San Juan 00924 General Manager
www.themallofsanjuan.com (787) 759-6255 / (787) 759-6283
9/8 Plaza Centro Mall 200 Rafael Cordero Ave. 599,681 108 4,095 1988 Costco, JCPenney, OfficeMax, Víctor A. Aguilar
Kimco Realty Corp. Caguas 00725 Party City, Pep Boys, PetSmart, Property General Manager
www.kimcorealty.com Sam’s Club (787) 704-2670 / (787) 286-2679
10/9 San Patricio Plaza 100 San Patricio Ave. 595,000 150 3,872 1962 Kmart, Walgreens, T.J.Maxx, Capri, Adolfo González
Caparra Center Associates LLC Guaynabo 00968 PetSmart, Office Depot, Bed, Bath & CEO/President
www.sanpatricio.com Beyond, Caribbean Cinemas (787) 792-5328 / (787) 782-9555
11/10 Centro Gran Caribe Bo. Espinosa 575,000 158 2,400 1985 Big Kmart, T.J.Maxx Rafael Pérez Matos
Five Development Holdings Inc. Hwy. 2, Km. 29.7 President
www.centrograncaribe.com Vega Alta 00692 (787) 791-6032 / (787) 791-4552
12/11 Los Colobos Hwy. 3 & Rd. 874 570,621 46 2,906 1994 Bed, Bath & Beyond, Econo, Kmart, Víctor A. Aguilar
Kimco Realty Corp. Carolina 00983 Caribbean Cinemas, Farmacia Caridad, Property General Manager
www.kimcorealty.com Home Depot, OfficeMax, Pep Boys (787) 704-2670 / (787) 286-2679
13/13 Plaza Río Hondo 60 Río Hondo Ave. 554,892 182 2,343 1982 Big Kmart, Marshalls, Pueblo, Capri, Francis Xavier González
DDR Corp. Bayamón 00961 Caribbean Cinemas, Walgreens, VP Property Management
www.ddrpuertorico.com PetSmart (787) 784-5527 / (787) 784-8299
14/12 The Outlets at Montehiedra 9410 Los Romeros Ave. 539,716 63 3,050 1994 Kmart, Marshalls, Home Depot, Nike Lineth Rosado
Urban Edge Properties Río Piedras 00926 Factory Store, Gap Factory Store General Manager
www.montehiedratowncenter.com (787) 745-4105 / (787) 745-4295
15/14 Santa Rosa Mall Hwy. 2, Km. 7.1 503,610 75 2,000 1965 Sears, Burlington Jorge L. Fournier
Commercial Centers Management Bayamón 00960 Executive Vice President
Realty S. en C. (787) 622-9600 / (787) 277-9601
www.santarosamallpr.com
16/15 Las Catalinas Mall Rds. 52 & 156 495,177 93 2,293 1997 Kmart, Sears Lineth Rosado
Urban Edge Properties Caguas 00725 General Manager
www.lascatalinasmall.com (787) 745-4105 / (787) 745-4295
17/16 Plaza Palma Real 350 Hwy. 3 448,966 89 2,466 1995 Walmart, JCPenney, Marshalls, Francis Xavier González
DDR Corp. Humacao 00791 Pep Boys, Capri, OfficeMax VP Property Management
www.ddrpuertorico.com (787) 784-5527 / (787) 784-8299
18/17 Yauco Plaza 137 Yauco Plaza I 430,000 100 2,800 1987 Berríos, Falas, Advance Auto Parts, Frank R. Bragan Jr.
Shopping Center I & II Yauco 00698 Marshalls, Caribbean Cinemas, Kmart, CEO/President
B.V. Properties Inc. Mr. Special, Walgreens (787) 856-5994 / (787) 856-5717
www.yaucoplazapr.com
19/18 Puerto Rico Premium Outlets 1 Premium Outlets Blvd. 412,758 90 2,858 2000 Ann Taylor Factory Store, Calvin Klein, Ángel Cordero
Simon Property Group Barceloneta 00617 Kenneth Cole, Michael Kors, General Manager
www.premiumoutlets.com Polo Ralph Lauren Factory (787) 846-5300 / (787) 846-5319
20/19 Plaza Guayama Hwy. 3, Km. 134.7 403,722 85 2,200 1993 Big Kmart, Marshalls, Sears, Rosa Martínez
Epic Management of P.R. LLC Guayama 00784 Pueblo, Caribbean Cinemas Partner
www.plazaguayama.com (787) 621-6660 / (787) 854-0812
21/20 The Outlet 66 Mall 18400 Hwy. 3, Suite 205 365,393 76 2,388 2001 Burlington, Nike, Calvin Klein, Justin A. Tirri
The Outlet 66 Mall Canóvanas 00729 BCBG, Perry Ellis, Levis, Polo, Owner
www.theoutlet66mall.com Kenneth Cole, Aeropostale (787) 256-7040 / (787) 256-7046
22/21 Western Plaza Hwy. 2 & Rd. 142 354,830 23 2,014 1988 Caribbean Cinemas, Home Depot, Víctor A. Aguilar
Kimco Realty Corp. Mayagüez 00680 Pep Boys, Sam’s Club Property General Manager
www.kimcorealty.com (787) 704-2670 / (787) 286-2679
23/22 Plaza Cayey 8000 Jesús T. Piñero Ave. 338,627 47 1,900 1999 Walmart Supercenter, Pep Boys, Francis Xavier González
DDR Corp. Cayey 00736 Caribbean Cinemas VP Property Management
www.ddrpuertorico.com (787) 784-5527 / (787) 784-8299
24/23 Bayamón Oeste Shopping Center Hato Tejas 306,152 42 1,373 1972 Advance Auto Parts, Planet Fitness, Saul Scherl
BPP Retail Properties LLC Hwy. 2, Km.14.7 Altitude Trampoline Park President
www.blackpt.com Bayamón 00959 (787) 999-7777 / (787) 720-7255
25/24 Monte Real Shopping Center Hwy. 2, Km. 45.6 287,519 27 1,938 N/P Walmart, Walgreens Israel Kopel
Downtown Development Corp. Manatí 00674 President
www.realestatepr.net (787) 641-8256 / (787) 710-7712
Unless otherwise noted, all information was provided by the companies and/or obtained from their websites.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 157

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As Ranked by ®
PUERTO RICO’S LARGEST SUPERMARKETS AND CASH & CARRIES
(Listed According to 2015 Gross Revenue)
Current/ Trade Name Physical Address 2015 Gross No. of No. of Year Special Special Top Executive
Previous Company Name Revenue $ Stores Full-Time Established Services Sections Title
Ranking Telephone/Fax Employees in P.R. Internet/Email Address

Money Transfer
Check Cashing

Money Orders
Credit Cards

Flower Shop
Debit Cards

Bakery

Deli
1/1 Supermercados Econo Sabana Abajo Ind. Park 1,550,000,000* 63 6,550* 1970 X - - X - - X - Eduardo Marxuach
Supermercados Econo Inc. 1428 Río Danubio St. CEO
(787) 620-9292 / (787) 620-4630 Carolina 00984 www.superecono.com
2/2 Supermercados Selectos Dorado Ind. Park 592,000,000* 35 2,000 1978 X - X X X X X X Ariel Torres
Supermercado Selectos Inc. Hwy. 2, Km. 25.8, Lots 1 & 2 President
(787) 275-2165 / (787) 883-8997 Dorado 00646 www.selectospr.com
3/3 Supermercados Amigo Bo. Río Cañas 503,000,000* 17 2,735* 1966 X X X X - X X X Jaime L. Fernández
Wal-Mart Puerto Rico Inc. Hwy. 1, Km. 28.7 Regional General Manager
(787) 653-7777 / (888) 715-4186 Caguas 00725 www.amigo.com
4/4 Ralph’s Food Warehouse Jesús T. Piñero Ave. 355,000,000* 11 1,719 1993 X X X X X - X X José R. Soto Soto
Ralph’s Food Warehouse Inc. Rd. 183 President
(787) 733-0959 / (787) 912-0201 Las Piedras 00771 www.ralphpr.net
5/6 Supermercados Mr. Special 620 Santa Teresa Jornet Ave. 282,014,685 16 1,071 1966 X - X X X X X X Santos Alonso Maldonado
Supermercados Mr. Special Inc. Mayagüez 00682 President
(787) 834-2695 / (787) 833-9843 presidente@mrspecialpr.biz
6/5 SuperMax Del Norte Distribution 277,500,000 17 1,281 2002 X X X X X X X X José M. Revuelta
Supermercados Máximo Inc. Center II President
(787) 783-1555 / (787) 783-1547 Rd. 869, Km. 4.2 www.supermaxpr.com
Cataño 00962
7/7 J.F. Montalvo Cash & Carry Amelia Ind. Park 128,000,000 13 290 1966 X - - X - - - - Héctor Montalvo
J.F. Montalvo Cash & Carry Inc. 46 Amelia St. President
(787) 781-2962 / (787) 273-6402 Guaynabo 00968
8/8 Supermercados Plaza Loíza 2253 Loíza St. 105,700,000 9 437 1988 X X X X X X X X Johnny Márquez
Plaza Loíza Corp. Santurce 00913 President
(787) 726-8150 / (787) 268-4868 www.plazaloiza.net
9/9 Supermercados Hatillo 153 Comercio St. 91,600,000 4 317 1978 X X X X X - X X Isidoro Rosa
Kash N’ Karry Hatillo 00659 President
Hatillo Cash & Carry Inc. www.hatillokashnkarry.com
(787) 898-5840 / (787) 820-3914
* CARIBBEAN BUSINESS estimate
Gross revenue may include locations managed by different owner-operators.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from public records.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

As Ranked by ®

PUERTO RICO’S LARGEST HOME FURNITURE STORES


(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 Gross No. of No. of Year Main Brands Sold Top Executive
Previous Telephone/Fax Revenue $ Stores Full-Time Established Title
Ranking Internet Address Employees in P.R.
1/1 Mueblerías Berríos Bo. Bayamón 139,073,846 29 541 1974 General Electric, Whirpool, Simmons, Florencio Berríos
(Empresas Berríos Inc.) Rd. 172, Km. 49.7 Ashley, Midea, Solstice, LG President
(787) 653-9393 / (787) 739-3139 Cidra 00739
www.berriostedamas.com
2/2 Rooms To Go (P.R.) Inc. Bo. Candelaria 52,500,000* 12 285 1999 Frigidaire, Sealy, Bassett Bryan Shames
(787) 995-5959 / (787) 995-5960 Hwy. 2, Km. 19.1 President
www.roomstogo.pr Toa Baja 00949
3/3 Koper Furniture Inc. 65th Infantry Ave. 16,000,000 3 55 1974 Natuzzi Jaime Cols Kaba
(787) 758-2450 / (787) 767-8592 8 San Agustín Marginal President
www.koperfurniturepr.com Río Piedras 00921
4/- Ambiente Moderno Inc. 245 F.D. Roosevelt Ave. 9,654,952 2 50 1989 Carlos Ferrero, Alfani, Nicoletti Home Alfredo Álvarez Cardona
(787) 756-0303 / (787) 788-4384 Hato Rey 00918 President
www.ambientemoderno.com
5/4 A la Orden Discount 75 Frank Becerra St. 9,100,000* 1 35 1981 General Electric, Monogram, Electrolux, Porfirio Guzmán
(El Piex Puertorriqueño Inc.) Hato Rey 00918 Frigidaire, Simmons, Klipsch, KitchenAid, President
(787) 756-7979 / (787) 756-7980 Whirlpool
www.alaordendiscount.com
6/5 Patio Gallery Inc. 241 F.D. Roosevelt Ave. 9,000,000 2 30 2006 Bull BBQ, Valentino, Kettler, Winston, Mhdy Taha
(787) 294-0516 / (787) 294-0518 Hato Rey 00918 Tuuci, Bukatchi, Calia Italia, Artmax, Gloster President
www.patiogallerypr.com
7/- Palacios (Ileana Palacios Corp.) 271 De Diego Ave. 6,736,229 1 20 1995 Baccarat, Christofle, Hermes, Saint Louis, Ileana Palacios
(787) 620-7034 / San Juan 00920 Lalique, Cierre, Alivar, Bernhardt, Cattelan, President
www.palaciospr.com Kartell, Blu Dot, Fiam, Living Divani
8/6 Krone Furniture Corp. 1237 F.D. Roosevelt Ave. 3,000,000 1 9 1985 Sacarro, Pedrali, Kenneth Cobonpue, Luis Cura
(787) 781-1159 / (787) 781-1162 San Juan 00920 Bernhardt, Design Studio, Omo President
www.kronefurniture.com
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from their websites and/or public documents.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

158 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_158.indd 158 1/25/17 5:54:43 PM


BOL_159.indd 159 1/26/17 2:10:20 PM
NUESTRAS
AGENDAS
—EN CADA ETAPA
DE TU VIDA
ESTAMOS CONTIGO
Para reservar su espacio, comuníquese hoy Agenda para la Novia, Agenda de
Decoración y Agenda para Mamá
|al departamento de ventas, al 787.728.1240 son publicaciones de:
ó via email: sales@lmh.pr

P ro ud p art o f

BOL_160.indd 160 2/16/17 12:14:15 PM


Services
Accounting Firms 163
Collection Service Agencies 165
Commercial Printers 166
Executive Search Companies 167
Temporary Employment Companies 168
Law Firms 169
Office Design Stores 171
Management Consulting Firms 172
Market Research Companies 173
Public Relations Firms 174
Advertising Agencies 175
Outdoor-Advertising Companies 178
Telemarketing & Contact Centers 178
Security Guard Companies 179
Security Systems & Services Companies 181
Validation & Regulatory Compliance
Services Companies 183

TAX COMPLIANCE
AND CONSULTING
AUDITING AND ACCOUNTING TAX COMPLIANCE AND CONSULTING BUSINESS CONSULTING

· Audit, Review and Compilation · Tax Returns Preparation · Information Technology


· SSAE 16 Examination (formerly SAS 70) · Tax Planning and Consulting · SOX Compliance
· Pension Plan Audits · Tax Accrual · Construction Claims BUSINESS
· Personal Financial Statements · Corporate Reorganizations · Forensic Accounting AUDITING AND CONSULTING
· Attestations · Registration, Licenses and Permits · Litigation Support ACCOUNTING
· General Accounting (Bookkeeping) · Representation before Governmental · Budgets and Projections
· Business Payroll Agencies · Due Diligence
· Tax Grant Negotiations (Ex.: Acts 20 & 22)
A Member Firm of
Ph. 787.793.1616 • Fax: 787.793.1620 • Email: info@lpgpr.com • Web. www.lpgpr.com

BOL_161.indd 161 1/27/17 10:50 AM


BOL_162.indd 162 1/23/17 8:25:25 AM
As Ranked by ®

PUERTO RICO’S LARGEST ACCOUNTING FIRMS


(Listed According to Total Number of Full-Time Professional Staff as of February 2016)
Current/ Company Name Physical Address No. of No. of No. of Three Main Year Top Executive(s)
Previous Telephone/Fax Full-Time CPAs Partners Industries Served Established Title
Ranking Internet/Email Address Professional in P.R.
Staff
1/1 PricewaterhouseCoopers LLP Oriental Center 216 131 5 Banking 1925 Benito Morales
(787) 754-9090 / (787) 766-1094 254 Muñoz Rivera Ave., Suite 900 Finance Managing Partner
www.pwc.com Hato Rey 00918 Insurance
2/2 BDO Puerto Rico PSC 1302 Ponce de León Ave. 123 50 6 Banking 2000 Fernando Scherrer
(787) 754-3999 / (787) 754-3105 Suite 101 Real Estate Managing Shareholder
www.bdopr.com San Juan 00907 Services
3/3 Kevane Grant Thornton LLP 33 Bolivia St. 112 51 10 Hospitality 1975 Luis Carlos Marcano
(787) 754-1915 / (787) 758-6610 Suite 400 Retail/Wholesale Managing Partner
www.kevane.com Hato Rey 00917 Services
4/5 RSM Puerto Rico 1 Reparto Loyola 100 38 7 Insurance 1977 Doris Barroso Vicéns
(787) 751-6164 / (787) 759-7479 1000 San Roberto St. Government Managing Partner
www.rsm.pr Río Piedras 00926 Retail/Wholesale
5/4 Deloitte Chardón Tower 90 52 10 Insurance 1947 Carlos D’Almeida
(787) 282-5300 / (866) 560-0754 350 Chardón Ave., Suite 700 Banking Puerto Rico Market Leader
www.deloitte.com Hato Rey 00918 Consumer Business
5/6 KPMG LLP AIG Plaza, Suite 1100 90 50 6 Banking 1958 Miguel R. Venta
(787) 756-6020 / (787) 754-6175 250 Muñoz Rivera Ave. Insurance Managing Partner
www.kpmg.com Hato Rey 00918 Government
7/8 Ernst & Young Puerto Rico LLC Plaza 273, Suite 1000 74 53 5 Government 1952 Arturo I. Ondina
(787) 759-8212 / (787) 753-0808 273 Ponce de León Ave. Finance Managing Partner
www.ey.com Hato Rey 00917 Manufacturing
8/7 HLB Parissi PSC 650 Muñoz Rivera Ave. 70 40 6 Government 2002 Wallace Rodríguez Parissi
(787) 641-9801 / (787) 641-9809 Suite 502 Education Managing Partner
www.hlbparissi.com Hato Rey 00918 Retail/Wholesale
9/11 FPV & Galíndez CPAs PSC Pérez Morris Urb. 59 36 5 Healthcare 2008 Julio A. Galíndez
(787) 764-5049 / (787) 764-0528 19 Ponce St. Construction Managing Partner
www.fpvgalindez.com Hato Rey 00917 Retail
10/12 Baker Tilly Puerto Rico CPAs PSC Metro Office Park 57 37 3 Education 1982 José A. Rodríguez
(787) 622-8855 / (787) 622-8850 Lot 3, Suite 505 Government Managing Partner
www.bakertillypr.com Guaynabo 00968 Banking
11/10 Rodríguez, Rivera & Toro PSC Las Nereidas Bldg., 2nd Floor 56 20 6 Healthcare 1967 José A. Toro Mercado
(787) 834-3100 / (787) 831-2909 95 Méndez Vigo St. Hospitality President
www.cparrt.com Mayagüez 00682 Construction

Continues on page 164

TEAM • EXPERIENCE • SOLUTIONS

Founded in 1967, the Mayaguez-based Rodriguez,


Rivera & Toro PSC, one of the oldest of its kind,
has remained at the top through unwavering
commitment and dedication to do the right
for the right people, our clients.

• Audit • Taxes • Outsourcing


• Management Consulting • Litigation Support
• Business Valuations • Governmental and Municipality Consulting
• Pension Plan Audits • Information Technology

P.O. Box 1080 Mayagüez, P.R. 00681-1080 www.cparrt.com Contact: support@cparrt.com T. 787-834-3100
THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 163

BOL_163-164.indd 163 1/16/17 11:48:55 AM


As Ranked by ®

PUERTO RICO’S LARGEST ACCOUNTING FIRMS


(Listed According to Total Number of Full-Time Professional Staff as of February 2016)
Current/ Company Name Physical Address No. of No. of No. of Three Main Year Top Executive(s)
Previous Telephone/Fax Full-Time CPAs Partners Industries Served Established Title
Ranking Internet/Email Address Professional in P.R.
Staff
12/14 Crowe Horwath Vélez 2 Centro Intl. de Mercadeo 45 28 3 Construction 1990 Héctor J. Vélez
(787) 625-1800 / (787) 625-1812 100 Rd. 165, Suite 410 Education President
www.crowehorwath.net/pr/ Guaynabo 00968 Insurance
13/9 Aquino, De Córdova, Alfaro & Co. LLP Cecilia’s Place Cond. 43 21 3 Retail 1997 Jorge Aquino
(787) 253-9595 / (787) 253-9511 7 Rosa St., Suite C-1 Auto Partner
www.adacpa.com Isla Verde 00979
13/13 Falcón Sánchez & Associates PSC Triple-S Plaza, Suite 6A 43 30 2 Non-profit 1981 Ismael Falcón Ortega
(787) 273-7979 / (787) 273-9797 1510 F.D. Roosevelt Ave. Government President
www.falcon-sanchez.com Guaynabo 00968 Retail
13/14 LLM&D PSC 165 Ponce de León Ave. 43 26 6 Banking 2001 Carlos Dolagaray
(787) 777-0660 / (787) 765-8033 Suites 201 & 301 Insurance Managing Director
www.llmdcpa.com Hato Rey 00917 Government
16/16 Valdés, García, Marín & Martínez LLP San José Bldg., Suite 702 38 22 4 Wholesale 1975 Luz N. Martínez
(787) 725-1600 / (787) 721-2795 1250 Ponce de León Ave. Services Managing Partner
www.vgmmcpa.com San Juan 00907 Manufacturing
17/17 UHY Del Valle & Nieves PSC Bo. Quebrada Arenas 30 15 2 Construction 1988 Rafael Del Valle
(787) 793-4650 / (787) 749-8722 Hwy. 1, Km. 25.0 Manufacturing Carlos F. Nieves
www.uhy-pr.com Río Piedras 00926 Development Partners
18/18 Carbonell & Co. LLP San Francisco Urb. 29 8 3 Banking 1985 Fernando Carbonell Torres
(787) 300-3777 / (787) 300-3771 1654 Tulipán St. Retail Partner
www.carbonellcpa.com Río Piedras 00926 Pension Plans
19/20 Torres CPA Group La Cerámica Ind. Park 28 12 5 Retail 1981 Luis Hernández Santana
(787) 752-4545 / (787) 752-4644 Rd. 190, Km. 0.7 Real Estate Managing Partner
www.torrescpa.com Carolina 00983 Construction
20/19 Landa Umpierre PSC Rd. 176, Km. 1.1 26 11 1 Banking 1988 Xavier A. Curet
(787) 765-4644 / (787) 763-5504 Río Piedras 00926 Retail Managing Shareholder
www.landaumpierre.com Auto
21/- González Torres CPA Group PSC 33 Bolivia St. 24 3 1 Insurance 1996 José A. González Torres
(787) 993-4360 / (787) 995-4365 Suite 301 Banking President
www.gtcpapr.com Hato Rey 00917 Government
22/22 PSV & Co. PSC Santa María Urb. 23 5 2 Manufacturing 1968 Francisco J. Perdomo
(787) 793-4400 / (787) 793-6056 87 Romerillo St. Wholesale Managing Director
www.psvpr.com Río Piedras 00926 Construction
23/21 Díaz Bergnes & Cid 1351 Ashford Ave. 21 9 2 Construction 1981 Andrés Díaz Bergnes
(787) 722-1938 / (787) 724-4820 Suite 2-F Services Luis Cid
cpadbc@gmail.com San Juan 00907 Retail/Wholesale Partners
24/29 De Ángel & Compañía CPA CSP College Park Urb. 19 8 1 Retail/Wholesale 1975 Carlos De Ángel
(787) 758-4428 / (787) 763-9386 1890 Glasgow Ave. Healthcare President
carlos@deangel.com San Juan 00921 Government
25/23 JLM & Co. LLP 304 Domenech Ave. 17 10 3 Services 1973 José L. Mendoza
(787) 764-6365 / (787) 766-1275 Hato Rey 00918 Retail Managing Partner
www.jlmco.net Manufacturing
26/26 Zayas Morazzani & Co. Belisa Urb. 16 11 2 Non-profit 1978 Pedro Morazzani
(787) 753-7025 / (787) 759-7122 1538 Bori St. Government Luis A. Martínez
www.zmcompany.com Río Piedras 00926 Services Partners
27/27 3 The Hato Rey Center, Suite 1404 14 6 2 Gaming 2013 Pablo Morales Padillo
D’Leading Business Solutions LLC
(787) 726-3300 / (787) 726-3400 268 Ponce de León Ave. Finance President
www.dlbspr.com Hato Rey 00918 Food
27/24 RRC CPA Group PSC 4 35 Isabel St. 14 6 3 Healthcare 2007 Juan Reyes Ramis
(787) 843-5500 / (787) 840-5470 Ponce 00730 Retail, Construction Managing Shareholder
www.reyesramiscpagroup.com
29/27 Vega Palau & Co. Ext. Santa María 12 9 3 Pension Plans 1984 Víctor Vega
(787) 722-3814 / (787) 722-3832 87 Romerillo St. Services Managing Partner
www.prtc.net/~vegapalau Río Piedras 00926 Retail/Wholesale
1. Formerly known as RSM ROC & Company
2. Formerly known as Horwath Vélez & Co. PSC
3. Formerly known as HLBS Associates LLC
4. Formerly known as Reyes-Ramis CPA Group PSC
Unless otherwise noted, all information was provided by the accounting firms.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

164 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST COLLECTION SERVICE AGENCIES
(Listed According to Number of Full-Time Collection Agents as of February 2016)
Current/ Company Name No. of Type of Main Services Offered Year Legal Representation Top Executive
Previous Physical Address Full-Time Clients Established Title
Ranking Collection in P.R. Telephone/Fax

Government
Agents Internet/Email Address

Commercial

Individual
1/1 PISC Corp. 45 - X - Consumer & mortgage loan 2001 Atty. Luis Elvin González Luis R. Torres Hidalgo
1629 Piñero Ave. collection, mediation President
San Juan 00920 representation & outsourcing (787) 775-6000 / (787) 775-6161
www.piscpr.com
2/3 Preferred Home Services Inc. 40 - X X Full legal, billing & accounting 1993 La Quay Rebollo Law Offices Carlos M. Fuentes
Royal Town Sector President
Rd. 840, Km. 1 (787) 740-7900 / (787) 620-8222
Bayamón 00957 www.phscollect.com
3/2 Transworld Systems Inc. (TSI) 35 X X X Billing, full legal 1985 Atty. Yomaira Pérez Héctor Vélez
Metro Office Park General Manager
Lot 18,1 St. (787) 641-2865 / (866) 296-7534
Guaynabo 00968 www.tsico.com
4/5 Cica Collection Agency Inc. 24 X X X Billing, full legal, auto 1979 TCMR & S, Francisco J. Lloréns
403 Del Parque St., Suite 23 repossession Atty. Éric C. López-Lloréns President
Santurce 00912 (787) 725-3535 / (787) 725-2656
www.cicacollection.net
5/10 Isla Repossessions & Collections Inc. 22 X X - Billing, full legal, repossession, 1991 Ramírez & Delgado Law Firm Tomás Aponte Rodríguez
Cond. Plaza collection President
53 Betances St., Suite 207 (787) 743-2088 / (787) 744-1640
Caguas 00725 www.repo.org
6/6 Advanced Collection Services Inc. 21 X X - Full legal, collection 1996 Atty. Luis Green William Maldonado
Caparra Terrace Urb. President
711 José de Diego Ave. (787) 706-0646 / (787) 782-0877
Puerto Nuevo 00921 www.advcollection.com
7/7 Advisement Group Inc. 18 X X X Auto repossession 2010 Atty. Dalmaris Betancourt Carlos Aramis Rodríguez
Bo. Las Cuevas President
120 Rd. 876 (787) 622-0075 / (787) 641-1982
Trujillo Alto 00976 aramis@caacorp.com
8/8 A&J Collection Agency Inc. 12 - X - Full legal, collection 2003 Atty. Daisy Calcaño López Agustín Meléndez
157 Ruiz Gandía St. President
Arecibo 00627 (787) 880-5046 / (787) 881-5048
www.ajcollection.com
9/- Millenium Collection Agency Inc. 11 X X X Billing, full legal, skip trace 2004 Atty. Héctor Pedrosa Solvinelly Ortiz Pérez
Bo. Monacillos President
1425 Rd. 21 (787) 903-5080 / (787) 903-5081
Río Piedras 00921 sortiz@milleniumpr.com
10/9 Roncoli, Baerga & Associates Inc. 10 X X X Full legal 1992 Atty. Ricardo A. Vargas Edward Roncoli
Paradise Commercial Center President
264 Matadero St., Suite 3 (787) 273-8588 / (787) 782-2590
Puerto Nuevo 00920 rba@centennialpr.net
11/13 Best & General Services Inc. 6 - X X Billing, full services 1991 Atty. Javier Rodríguez Wilton Pérez
1608 Bori St., Suite 217 President
Río Piedras 00927 (787) 793-9090 / (787) 782-4070
bestgeneral85@yahoo.com
11/13 Idalia Lloréns Collection 6 - X X Full legal, collection 1984 Atty. Blanca Sáez Idalia Lloréns
Agency Inc. President
VIG Tower, Suite 1202 (787) 721-1946 / (787) 721-1973
1225 Ponce de León Ave. www.ilcacollections.com
Santurce 00907
13/11 Montalvo Collection Agency 4 - X - Full legal 1997 Attys. A. Cardona, E. Rodríguez, Nelson Montalvo
650 Corrientes St. A. Gago Owner
Puerto Nuevo 00920 (787) 360-2200 /
mcaagencytc@gmail.com
Number of full-time collection agents includes part-time agents where applicable (every two part-time agents = one full-time agent), and may include external full-time collection agents.
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 165

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As Ranked by ®
PUERTO RICO’S LARGEST COMMERCIAL PRINTERS
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 Gross No. of Year Services Offered Top Executive
Previous Telephone/Fax Revenue $ Full-Time Established Title
Ranking Internet Address Employees in P.R.

Perfect-Bound Binding
Direct-to-Plate Press
Saddle-Stitching
Sheet-Fed Press

Web Press
Pre-press

Artwork

Other
1/1 Advanced Graphic Printing Inc. Amelia Ind. Park 19,133,004 97 1997 X X X X - X X X Joel Acevedo Fernández
(787) 641-5400 / (787) 641-4477 Diana St., Lot 18 Vice President/
www.agppr.com Guaynabo 00968 General Manager
2/2 Ramallo Bros. Printing Inc. 300 Ramallo Blvd. 19,000,000* 160 1966 X X X X X X X - Alberto Ramallo
(787) 287-0303 / (787) 620-8686 Suite 1 President
info@ramallo.com Río Piedras 00926
3/3 CCL Label San Germán El Retiro Ind. Park 10,500,000* 93 1998 X - X - X - - - Luis Pérez
(787) 892-1268 / (787) 892-4112 Rd. 102, Km. 33.2 Plant Manager
www.ccllabel.com San Germán 00683
4/4 3A Press Corp. Sabana Yeguas Ind. Park 8,951,145 103 1996 X X X X - - X X Marie A. Rosado
(787) 899-0110 / (787) 899-0155 Rd. 116, Km. 2.1 President
www.3apress.com Lajas 00667
5/7 Hera Printing Corp. 1451 Aibonito St. 6,200,000 52 1978 X X X X X - - - Luis I. García Robaina
(787) 723-8089 / (787) 725-0739 Santurce 00909 President
www.herapr.com
6/5 Taylor Communications Inc. ** Metro Office Park 6,000,000 6 1998 - - X X X X X X Víctor M. Castro Cruz
(787) 277-4070 / (787) 779-0824 1st St., Lot 7, Suite 304 Regional Sales Director
www.taylorcommunications.com Guaynabo 00968
7/7 Model Offset Printing Corp. Hwy. 3, Km. 82.5 5,300,000* 42 1962 X X X X X X X X Carlos Colón
(787) 850-3000 / (787) 850-6620 Humacao 00791 President
www.printmop.com
8/5 RR Donnelley de Puerto Rico Corp. Royal Ind. Park 4,468,983 27 1959 X X X X X X X X Wilson Rodríguez
(787) 788-8500 / (787) 788-7646 500 Rd. 869, Suite 703 General Manager
www.rrdonnelley.com Cataño 00962
9/9 Extreme Graphics Inc. El Duque Ind. Park 3,000,000 32 2003 X X X - X - X - Javier Maldonado
(787) 874-6698 / (787) 874-0595 Rd. 31, Km. 2.4 President
www.extremegraphicspr.com Naguabo 00718
10/10 Impression Associates Inc. Caguas Oeste Ind. Park 2,200,000 20 1997 X X X X X - X - Anastacio Padilla
(787) 746-0517 / (787) 746-0587 Rd. 156, Km. 56.2 President
www.impressionassociates.com Caguas 00725
11/- Flexo Rico Inc. Rincón Ind. Park 1,500,000 26 1982 X X X - X - X X Pilar Robles Morales
(787) 737-4040 / (787) 737-4046 Rd. 189, Km. 0.6 President
www.flexorico.com Gurabo 00778
11/11 Impresos Aponte Inc. 811 Pavía St. 1,500,000 16 1980 X X X X X X X X Ismael Aponte
(787) 728-1577 / (787) 268-4350 Stop 22 President
www.impresosaponte.com Santurce 00910
* CARIBBEAN BUSINESS estimate
** Formerly known as Standard Register.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

166 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST EXECUTIVE SEARCH COMPANIES


(Listed According to 2015 Gross Revenue from Executive Placements)
Current/ Company Name Physical Address 2015 Gross Total No. of Main Specialties Year Top Executive
Previous Telephone/Fax Revenue $ No. of Recruiters Established Title
Ranking Internet/Email Address from Executive Employees in P.R.
Placements
1/1 Brenda Marrero & Associates Inc. Centro Intl. de Mercadeo 15,500,000* N/P N/P N/P 1997 Brenda Marrero
(787) 620-3998 / (787) 625-3672 Tower 1, Suite 707 President
www.bmapr.com Guaynabo 00968
2/2 Ryan/Executive Search 2 Jardines de San Francisco Bldg. 10,000,000 8 4 Sales & marketing, finance, 1987 Terence L. Ryan
(787) 449-6663 / Suite 611 engineering, human resources President
terenceryan85@live.com Río Piedras 00927
3/6 GRC Executive LLC 1353 Luis Vigoreaux Ave. 9,950,250 25 15 Executive search consulting, 1988 Javier Rodríguez Calderón
(787) 630-7059 / Guaynabo 00966 top management recruitment, CEO
www.grcexecutive.com sales & marketing
4/3 MSSS Inc. 145-A F.D. Roosevelt Ave. 9,050,433 27 17 Management, healthcare, 1982 Alma I. Acosta
(787) 758-7700 / (787) 758-8045 Third Floor banking, manufacturing, Chairwoman/CEO
www.msssinc.com Hato Rey 00918 hospitality, marketing, IT,
pharmaceutical, engineering
5/4 Careers Inc. 208 Ponce de León Ave. 7,900,000* 24 10 Manufacturing, construction, 1970 Ruth González
(787) 764-2298 / (787) 764-2530 Suite 1100 sales & marketing, banking, President
www.careersincpr.com Hato Rey 00918 finance, human resources, IT
6/5 IKON Executive & Staffing 270 Muñoz Rivera Ave., 5,769,197 17 6 Pharmaceutical, healthcare, 2008 Félix García Barreto
Solutions PH-1 banking, administration, retail, President
(787) 620-0585 / (787) 620-0590 Hato Rey 00918 engineering, construction,
www.ikonjobspr.com human resources
7/6 ProAssets Inc. Plaza Caparra 4,010,000 15 6 Manufacturing, engineering, 2006 Marisol Otero
(787) 766-0404 / (787) 766-9191 1498 F.D. Roosevelt Ave. insurance, logistics, finance, President
www.proassetsinc.com Suite 204 IT, accounting, sales &
Guaynabo 00968 marketing, human resources,
banking
8/11 Business Professional Hirers 268 Ponce de León Ave. 2,500,000 5 3 Sales & marketing, human 1994 Nilma Padilla
(787) 766-0500 / (787) 756-8910 Suite 510 resources, accounting, IT, President
www.bph-pr.com Hato Rey 00918 administration
9/10 Finding Accountants Inc. Prime Plaza Bldg. 2,000,000 7 4 Accounting, finance 2004 William Díaz
(787) 633-6201 / (787) 999-2887 1802 Rd. 8838, Suite 803 President
www.findingaccountants.com Río Piedras 00926
10/8 Smart Option Search Inc. Hyde Park Urb. 1,400,000 13 4 Insurance, banking, logistics, 2000 Melissa Concepción
(787) 767-2373 / 219 Las Marías Ave. manufacturing, construction, President
www.sostrabajo.com Río Piedras 00927 pharmaceutical, IT, health,
communications
11/- Kelly Direct Hire Solutions Santander Tower Plaza 1,200,000 15 8 Executive & top management 1964 Nairda Martínez
(787) 754-0060 / (787) 759-9710 B7 Tabonuco St., Suite 1501 recruiting, IT, finance, Director/General Manager
www.kellyservices.com Guaynabo 00968 engineering, administration,
healthcare
12/9 Target Human Resources Solutions Triple-S Bldg. 1,100,000 15 5 Health, insurance, aerospace, 1988 René J. González Martín
(787) 766-1113 / (787) 766-3060 1510 F.D. Roosevelt Ave. education, medical devices & President
www.targethumanresources.com Suite 6B-2 pharmaceutical
Guaynabo 00968
13/12 B Search Popular Center 675,000 8 5 Finance, accounting, IT, 1984 Angel A. Burckhart
(787) 766-1905 / (787) 766-1621 Suite 1029 engineering, human resources, Managing Partner
www.burckhartpr.com 208 Ponce de León Ave. marketing, communications,
Hato Rey 00918 public relations
* CARIBBEAN BUSINESS estimate
N/P - Not Provided
Gross revenue from executive placements figures may include revenue from non-local branches.
Number of total employees may include part-time or freelance employees.
Unless otherwise noted, all information was provided by the companies or obtained from their websites and/or public records.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 167

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As Ranked by ®

PUERTO RICO’S LARGEST TEMPORARY EMPLOYMENT COMPANIES


(Listed According to Number of W-2 Forms Issued for 2015)
Current/ Company Name Physical Address No. of W-2 Average No. No. of Year Main Services Offered Top Executive
Previous Telephone/Fax Forms Issued of Temporary Full-Time Established Title
Ranking Internet/Email Address for 2015 Emp. Placed Company in P.R.
per Week Staff
1/2 MSSS Inc. 145-A F.D. Roosevelt Ave. 12,752 3,962 57 1982 Temporary & contract Alma I. Acosta
(787) 758-7700 / (787) 758-8045 3rd Floor employment, training & Chairwoman/CEO
www.msssinc.com Hato Rey 00918 organizational human
resources outsourcing
2/1 Caribbean Temporary Services LLC 1431 Ponce de León Ave. 10,639 325 125 1983 Temporary & permanent Tere Durand Manzanal
(787) 620-5500 / (787) 620-0698 Suite 701 placement President
www.ctspr.com Santurce 00907
3/3 Kelly Services Inc. Santander Tower Plaza 6,210 86 89 1964 Temporary & direct Nairda Martínez
(787) 754-0060 / (787) 759-9710 B7 Tabonuco St., Suite 1501 placement, consulting, Director/General Manager
www.kellyservices.com Guaynabo 00968 management
4/4 Adecco Personnel Services Inc. 252 F.D. Roosevelt Ave. 4,250* 375* N/P 1983 Human resources consulting, Lissette Martínez
(787) 764-0268 / (787) 764-0277 Hato Rey 00918 temporary & permanent Managing Director
www.adeccopr.com placement, OSHA consulting
5/5 Manpower Inc. 650 Muñoz Rivera Ave. 3,900* 90* 23 1963 Temporary & permanent Karen Cortiella
(787) 766-4777 / (888) 495-9701 Suite 102 placement, training & Market Vice President
www.manpower.com Hato Rey 00918 assessment
6/6 Spartan Staffing Puerto Rico LLC 320 Eleanor Roosevelt St. 1,700* 275* N/P 2010 Temporary & permanent Mark Robinson
(787) 765-7076 / (787) 766-3031 Hato Rey 00918 placement District Manager
www.spartanstaffing.com
7/7 Force Temporary Services Inc. 248 F.D. Roosevelt Ave. 1,500* 30* N/P 1995 Temporary, executive & Juan Rivera Betancourt
(787) 274-8950 / (787) 763-7204 Suite 307 hospitality placement President
www.forcetemp.com Hato Rey 00918
8/9 PSS Pathfinders Inc. Centro Intl. de Mercadeo 1,425* 33* 12 1985 Temporary placement, Georyanne Ríos Álvarez
(787) 622-6868 / (787) 622-6870 Tower II executive search, human CEO/President
www.psspathfinders.com 90 Rd. 165, Suite 310 resources consulting, payroll,
Guaynabo 00968 outsourcing, labor mediation
9/10 ProTalents Inc. Plaza Caparra, Suite 204 1,422 44 15 2010 Temporary & contract Marisol Otero
(787) 766-0404 / (787) 766-9191 1498 F.D. Roosevelt Ave. employment, professional President
www.protalentspr.com Guaynabo 00968 leasing
10/8 Real Business Personnel Corp. San Martín Bldg., Suite 506 1,400* 30* 7 2006 Temporary & permanent Ángel F. Cocero Cordero
(787) 999-5000 / (787) 999-4999 1605 Ponce de León Ave. placement CEO
www.rbpersonnel.com Santurce 00909
11/11 Target Human Resources Solutions Triple-S Bldg., Suite 6B-2 925 50 15 1988 Temporary & direct René González Martín
(787) 766-1113 / (787) 766-3060 1510 F.D. Roosevelt Ave. placement, outsourcing President
www.targethumanresources.com Guaynabo 00968
12/14 IKON Executive & Staffing Solutions 270 Muñoz Rivera Ave. 828 16 17 2008 Temporary placement, Félix García Barreto
(787) 620-0585 / (787) 620-0590 PH-1 independent contractors, President
www.ikonjobspr.com Hato Rey 00918 human resources consulting
13/12 ProHuman Inc. 602 Muñoz Rivera Ave. 700* 15* 15 1969 Temporary & executive Ramón Ponce Fantauzzi
(787) 620-6262 / (787) 620-6263 Suite 206 placement, training & President
www.prohumanpr.com Hato Rey 00918 assessment, human resources
consulting
14/13 Personnel Recruiting Services Corp. 1244 Muñoz Rivera Ave. 675* 16* 7 1984 Temporary placement, Lynette Castillo
(787) 848-6295 / (787) 848-0446 Ponce 00732 executive search, payroll, President
empleos@prstemp.com outplacement, outsourcing
15/15 Aval Resources 1510 F.D. Roosevelt Ave. 383 1 3 2010 IT, out-tasking, business Carlos Fernández
(787) 706-3033 / (787) 775-5980 Guaynabo 00968 process, outsourcing, human President
www.avalresources.com resources consulting
16/16 Creative Financial Staffing Inc. Centro Intl. de Mercadeo 300 4 8 1996 Temporary & permanent Pedro E. Rivera
(787) 622-8787 / (787) 622-8515 Tower I placement, recruiting President
www.cfstaffing.com 100 Rd. 165, Suite 406 specialized in accounting &
Guaynabo 00968 finance
17/18 Almena Consultants Group Inc. 101 West Méndez Vigo St. 187 10 4 1983 Temporary & permanent Ana R. Cuebas
(787) 832-7142 / (787) 833-4727 Suite 106 placement President
www.almenapr.com Mayagüez 00680
* CARIBBEAN BUSINESS estimate
N/P - Not Provided
Number of full-time company staff includes part-time where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

168 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST LAW FIRMS
(Listed According to Numbers of Lawyers as of June 2016)
Current/ Law Firm Name Physical Address No. of No. of No. of No. of Year Main Specialties Top Executive(s)
Previous Telephone/Fax Lawyers Associates 1 Partners Counsels 2
Established Title
Ranking Internet/Email Address in P.R.
1/1 McConnell Valdés LLC 270 Muñoz Rivera Ave. 109 24 45 40 1946 Corporate, Environmental, Arturo J. García Solá
(787) 759-9292 / (787) 759-9225 Hato Rey 00918 Energy & Land Use, Finance, Managing Director
www.mcvpr.com Real Estate, Labor &
Employment, Litigation, Tax
2/2 O’Neill & Borges LLC American Intl. Plaza 86 35 47 4 1962 Corporate, Tax, Labor, Edgardo Nieves Quiles
(787) 764-8181 / (787) 753-8944 250 Muñoz Rivera Ave. Litigation, Real Estate, Managing Member
www.oneillborges.com Suite 800 Environmental, Energy
Hato Rey 00918
3/3 Fiddler González & Rodríguez PSC 254 Muñoz Rivera Ave. 54 28 16 10 1932 Corporate, Labor & Ricardo L. Ortiz
(787) 753-3113 / (787) 767-7063 6th Floor Employment, Litigation, Banking Managing Director
www.fgrlaw.com Hato Rey 00918 & Securities, Environmental,
Insurance, Tax
4/4 Pietrantoni Méndez & Álvarez LLC Popular Center 51 21 17 13 1992 Corporate, Commercial, Jaime E. Santos
(787) 274-1212 / (787) 274-1470 208 Ponce de León Ave. Litigation, Tax, Labor, Real Managing Member
www.pmalaw.com 19th Floor Estate
Hato Rey 00918
5/5 Ferraiuoli LLC 221 Plaza Bldg. 48 37 10 1 2003 Corporate, Labor, Real Estate, Eugenio J. Torres
(787) 766-7000 / (787) 766-7001 Ponce de León Ave. Environmental, Litigation, Tax, Capital Partner
www.ferraiuoli.com 5th Floor Bankruptcy, Employee Benefits
Hato Rey 00917
6/6 Cancio, Nadal, Rivera & Díaz PSC 403 Muñoz Rivera Ave. 35 23 6 6 1975 Corporate, Banking & Carlos M. Rivera
(787) 767-9625 / (787) 622-2230 Hato Rey 00918 Commercial Finance, Labor, Managing Partner
www.cnrd.com Civil & Commercial Litigation,
Environmental, Energy, Tax
7/7 Adsuar Muñiz Goyco Seda 208 Ponce de León Ave. 28 18 9 1 1994 Tax, Will, Trusts & Estate Ricardo Muñiz
& Pérez Ochoa PSC Suite 1600 Planning, Labor & Employment, Managing Partner
(787) 756-9000 / (787) 756-9010 Hato Rey 00918 Corporate, Securities, Real
www.amgprlaw.com Estate, Litigation
7/8 Goldman Antonetti & Córdova LLC 250 Muñoz Rivera Ave. 28 N/P N/P N/P 1959 Corporate, Banking, Tax, Labor Carlos A. Rodríguez
(787) 759-8000 / (787) 767-9333 Hato Rey 00918 & Employment, Litigation Managing Member
www.gaclaw.com
9/9 Schuster Aguiló LLC 221 Ponce de León Ave. 23 7 10 6 1995 Management Labor & Shiara L. Diloné
(787) 765-4646 / (787) 765-4611 Floor 15 Employment, Litigation, Managing Capital
www.littler.com Hato Rey 00917 Collective Bargaining, Business Member
Immigration, Counseling
9/10 Toro, Colón, Mullet, 416 Ponce de León Ave. 23 10 7 6 1998 Corporate, Real Estate, Rafael Mullet
Rivera & Sifre PSC Suite 311 Environmental, Labor, Managing Director
(787) 751-8999 / (787) 763-7760 Hato Rey 00918 Entertainment, Litigation,
www.tcmrslaw.com Telecommunications, Tax
11/11 Reichard & Escalera LLC MCS Plaza, 10th Floor 21 15 4 2 1983 Litigation, Tax, Corporate, Héctor Reichard
(787) 777-8888 / (787) 765-4225 255 Ponce de León Ave. Legislative & Government Rafael Escalera
www.reichardescalera.com Hato Rey 00917 Affairs, Labor & Employment Partners
12/14 Delgado & Fernández LLC Professional Offices 18 15 1 1 1997 Corporate & Commercial Alfredo Fernández
(787) 274-1414 / (787) 764-8241 Park II Lending, Labor & Employment, Martínez
www.delgadofernandez.com 1001 San Roberto St. Bankruptcy, Construction & Managing Member
Río Piedras 00926 Surety
12/11 Marichal, Hernández, Santiago Triple-S Plaza 18 10 4 4 1988 Corporate, Tax, Litigation, Rafael Santiago Rosa
& Juarbe LLC 1510 F.D. Roosevelt Ave. Real Estate Managing Partner
(787) 753-1565 / (787) 763-1704 Suite 9B1
www.mhlex.com Guaynabo 00968
14/11 Jiménez, Graffam & Lausell Midtown Bldg. 17 7 10 - 1968 Admiralty, Maritime, William A. Graffam
(787) 767-1030 / (787) 751-4068 420 Ponce de León Ave. Transportation, Labor & Managing Partner
www.jgl.com 4th Floor Employment, Civil Litigation,
Hato Rey 00918 Construction, Corporate &
Business
14/15 Ledesma, Vargas & Villarrubia PSC 221 Ponce de León Ave. 17 12 3 2 2010 Corporate, Tax, Real Estate, Francisco J. Villarrubia
(787) 296-9500 / Suite 900 Commercial Litigation, Finance, Managing Member
www.lvvlaw.com Hato Rey 00917 Labor & Employment
16/15 Aldarondo & López Bras PSC ALB Plaza 16 14 2 - 1981 Government Affairs, Securities, Eliezer Aldarondo
(787) 474-5447 / (787) 474-5451 16 Rd. 199, Suite 400 Contracts, Commercial & Ortiz
alb@alblegal.net Guaynabo 00969 Federal Litigation, Labor & Senior Partner
Employment

Continues on page 170

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 169

BOL_169-170.indd 169 1/23/17 1:09:40 PM


As Ranked by ®
PUERTO RICO’S LARGEST LAW FIRMS
(Listed According to Numbers of Lawyers as of June 2016)
Current/ Law Firm Name Physical Address No. of No. of No. of No. of Year Main Specialties Top Executive(s)
Previous Telephone/Fax Lawyers Associates 1 Partners Counsels 2
Established Title
Ranking Internet/Email Address in P.R.
16/15 Casillas, Santiago & Torres LLC El Caribe Bldg. 16 8 5 3 2011 Labor & Employment, Luis L. Torres Marrero
(787) 523-3434 / (787) 523-3433 53 Palmeras St. Corporate, Tax, Litigation, Partner
www.cstlawpr.com 16th Floor Real Estate, Immigration,
San Juan 00901 Government Affairs
16/15 Edge Legal Strategies PSC Citi Tower 16 5 5 6 2009 Corporate, Labor & Eliseo Roques Arroyo
(787) 522-2000 / (787) 522-2010 252 Ponce de León Ave. Employment, Civil & Managing Shareholder
www.edgelegalpr.com Suite 1200 Commercial Litigation,
Hato Rey 00918 Banking & Securities, Medical
Malpractice
19/19 E. Umpierre Suárez CSP Esquire Bldg. 15 12 1 2 1971 Construction, Corporate, Enrique Umpierre
(787) 753-1039 / (787) 765-3101 Ponce de León Ave. Litigation, Real Estate, Suárez
www.umpierre-suarez.com Suite 700 Arbitration, Administrative President
Hato Rey 00918
19/19 Estrella LLC 150 Tetuán St. 15 6 6 3 1974 Corporate, Commercial, Alberto G. Estrella
(787) 977-5050 / (787) 977-5090 San Juan 00901 Litigation, Labor & Employment, Managing Member
www.estrellallc.net Business Immigration
21/21 Martínez-Álvarez, Menéndez 701 Ponce de León Ave. 12 6 4 2 1946 Commercial Litigation, José R. Quiñones Coll
Cortada & Lefranc Romero PSC Suite 407 Construction, Real Estate President
(787) 721-1140 / (787) 721-7866 San Juan 00907 Development, Labor, Mortgage
www.martilaw.com & Banking
22/22 Pellot-González Tax Attorneys The Hato Rey Center 11 5 5 1 1989 Tax, Corporate, Litigation, Luis M. Pellot González
& Counselors at Law PSC 268 Ponce de León Ave. Estate Planning, Notarial President
(787) 250-6300 / (787) 250-6330 Suite 903
www.pellot-gonzalez.com Hato Rey 00918
23/22 Bennazar, García & Milián CSP Union Plaza Bldg. 9 3 2 4 1996 Civil & Commercial Ligation, A.J. Bennazar Zequeira
(787) 754-9191 / (787) 764-3101 416 Ponce de León Ave. Torts, Arbitration, Real Estate, Director
www.bgmcsp.com PH-A Labor & Human Resources
Hato Rey 00918
1. Includes staff & member attorneys wherever applicable.
2. Includes counsel, special counsel & senior counsel wherever applicable.
N/P - Not Provided
Unless otherwise noted, all information was provided by the firms. Chart includes members of the firms only.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

170 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST OFFICE DESIGN STORES
(Listed According to 2015 Office Furniture Gross Sales)
Current/ Company Name Physical Address 2015 Office No. of Year Main Manufacturer Lines Top Executive
Previous Telephone/Fax Furniture Full-Time Established Title
Ranking Internet Address Gross Sales $ Employees in P.R.
1/1 AFD Contract Furniture Inc. 350 Carlos Chardón Ave. 10,675,000 30 2003 Steelcase, Coalesse, Steelcase Health, Salvador De La Rosa
(787) 754-2938 / (787) 620-8076 Suite 250 Steelcase Education, Designtex, Exec. Vice President/
www.afd-inc.com Hato Rey 00918 Kimball General Manager
2/2 Integrated Design Solutions Inc. Centro Intl. de Mercadeo II 5,900,000 12 1999 Teknion Furniture Systems David E. Rodríguez
(787) 706-0201 / (787) 706-0227 Rd. 165, Suite 405 President
www.ids-pr.com Guaynabo 00968
3/3 Girard Manufacturing Inc. 259 F.D. Roosevelt Ave. 4,000,000 35 1984 Girard, Compatico, SpaceSaver José A. Casal
(787) 886-0425 / (787) 886-0170 Hato Rey 00918 President
www.girardfurniture.com
4/- J. Saad Nazer Inc. Sabana Llana Ind. Park 3,900,000 70 1971 Karla Furniture Mfg. Jesús Saad Nazer
(787) 763-0303 / (787) 764-7312 9 La Brisa St. President
www.jsaadnazer.com Río Piedras 00925
5/4 INCO Business Furniture Villa Blanca Ind. Park 3,870,000 30 1988 Interio, Wayneport, TruMove, Prima, José I. Cimadevilla
(787) 704-4626 / (787) 747-0375 Lot 8 Global President
www.incofurniture.com Caguas 00725
6/9 Systronics Inc. Tres Monjitas Ind. Park 3,000,000 70 1976 Haworth, Actiu, Canon Jorge Villena
(787) 758-6800 / (787) 766-1033 191 Federico Costa St. President
www.systronics-pr.com Hato Rey 00918
7/6 Systema (PR) Inc. 250 F.D. Roosevelt Ave. 2,800,000 11 1980 Knoll, JSI, Nucraft, Harden, Bernhardt, Rafael A. Tamayo
(787) 751-5775 / (787) 751-1410 Hato Rey 00918 Egan Visual, Sedia Systems, Amat, President
www.systema.net Spinneybeck, Fixtures Furniture
8/7 Krone Furniture Corp. 1237 F.D. Roosevelt Ave. 1,730,310 9 1985 Pedrali, HNI, AIS, Friant, Highmark, Luis Cura
(787) 781-1159 / (787) 781-1162 Puerto Nuevo 00920 Bobonis, Anova President
www.kronefurniture.com
9/- OFX Inc. 213 Eleanor Roosevelt St. 1,200,000 14 2012 Offix, Matrix Axis, Momentum, Lorna B. Otero
(787) 767-6302 / (800) 270-4305 Hato Rey 00918 Surface, Element, Spectrum, Condex President
www.ofxpr.com
10/11 Radamés Peña Inc. 158 N. Alfonso Valdés Blvd. 785,000 20 1941 HON, All Steel, Gunlocke, Safco, Radamés Peña Pla
(787) 834-2402 / (787) 834-4535 Mayagüez 00680 Fellowes, BioFit, Virco, IAC, Winsted, President
www.radamespena.com Datum, Oxford, Alvin, Lyon
11/10 ModuFit Inc. * 684 Cubita St. 780,000 12 2013 Expresso, Formcase, Thick panel- Francisco Ramírez Agusty
(787) 789-2896 / Guaynabo 00969 system, Thin panel-system President
www.modufitpr.com
* Formerly known as Moduline Inc.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was supplied by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

Innovative Concepts
for a Leadership Space

Torre Chardón Suite 250,


San Juan, Puerto Rico
787.754.2938
www.afd-inc.com s info@afd-inc.com
afdpuertorico

Puerto Rico s Costa Rica s Panamá

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 171

BOL_171.indd 171 1/31/17 4:00:58 PM


As Ranked by ®
PUERTO RICO’S LARGEST MANAGEMENT CONSULTING FIRMS
(Listed According to Number of Full-Time Consultants as of March 2016)
Current/ Company Name Physical Address No. of Year Specialty Breakdown Top Executive(s)
Previous Telephone/Fax Full-Time Established Title
Ranking Internet/Email Address Consultants in P.R.

Production Distribution

Management Training

Economic Consulting
Quality Management

Information Systems
General Consulting

Strategic Planning

Compensation
Manufacturing

Marketing

Other
1/1 London Consulting Group BDE Bldg., Suite HQ3 80 2004 25% 15% - - 10% 15% 15% 5% 10% 5% - Francisco Luzio
(787) 706-1416 / (787) 783-9011 638 Aldebarán St. Managing Partner
www.londoncg.com San Juan 00920
2/2 Baker Tilly Puerto Rico Metro Office Park 76 1982 - - - 2% 51% 6% - - - - 41% José A. Rodríguez
CPAs PSC Lot 3, Suite 505 Managing Partner
(787) 622-8855 / (787) 622-8850 Guaynabo 00968
www.bakertillypr.com
3/- HLB Parissi PSC 650 Muñoz Rivera Ave. 73 2002 15% - - 10% 60% - 15% - - - - Wallace Rodríguez
(787) 641-9801 / (787) 641-9809 Suite 502 Parissi
www.hlbparissi.com Hato Rey 00918 Managing Partner
4/3 Quality for Business MCS Plaza, Suite 1210 63 1989 10% 10% 10% 10% 10% 20% 15% 5% - 10% - Ulises Pabón
Success LLC 255 Ponce de León Ave. President
(787) 758-1003 / (787) 758-1337 Hato Rey 00917
www.qbsteam.com
5/5 RSM Puerto Rico * Reparto Loyola 50 1985 - - - - 30% 10% - - 50% - 10% José M. Gómez León
(787) 751-6164 / (787) 759-4295 1000 San Roberto St. Consulting Practice
www.rsm.pr Río Piedras 00926 Director
6/9 BDO Puerto Rico PSC 1302 Ponce de León Ave. 48 2000 7% - - 4% 10% 9% 4% - 10% - 56% Fernando Scherrer
(787) 754-3999 / (787) 754-3105 Suite 101 Managing Shareholder
www.bdopr.com San Juan 00907
7/7 Ikon Group 270 Muñoz Rivera Ave. 40 1998 - 20% 5% - 60% 10% - 5% - - - Félix García Barreto
(787) 620-0585 / (787) 620-0590 PH 1 President
www.ikonpr.com Hato Rey 00918
8/7 Rodríguez, Rivera & Toro PSC Las Nereidas Bldg., 2nd Floor 37 1967 - - - - 35% - - - 10% - 55% José A. Toro Mercado
(787) 834-3100 / (787) 831-2909 95 Méndez Vigo St. President
www.cparrt.com Mayagüez 00682
9/16 Kevane Grant Thornton LLP 33 Bolivia St. 31 1975 - 5% - 50% 20% 15% - - 10% - - Luis Carlos Marcano
(787) 754-1915 / (787) 751-1284 Suite 400 Managing Partner
www.kevane.com Hato Rey 00917
10/10 Falcón Sánchez Consulting Triple-S Plaza, Suite 6A 30 1997 - 10% - - 55% 10% - - 15% - 10% Ismael Falcón Ortega
Group Inc. 1510 F.D. Roosevelt Ave. President
(787) 273-7979 / (787) 273-9797 Guaynabo 00968
www.falcon-sanchez.com
10/11 V2A LLC 644 Fernández Juncos Ave. 30 2004 - - - - 70% 30% - - - - - Manuel Calderón
(787) 919-7303 / (787) 919-7319 Suite 401 Managing Director
www.v-2-a.com San Juan 00907
12/13 Torres CPA Group La Cerámica Ind. Park 21 1981 - - 5% 50% 10% 15% - - - - 20% Luis Hernández
(787) 752-4545 / (787) 752-4644 Rd. 190, Km. 0.7 Santana
www.torrescpa.com Carolina 00983 Managing Partner
13/11 Estudios Técnicos Inc. 113 Domenech Ave. 20 1985 - - - 25% 20% 25% - - - 20% 10% Graham Castillo Pagán
(787) 751-1675 / (787) 767-2117 Hato Rey 00918 President/COO
www.estudiostecnicos.com
14/14 C2S Consulting LLC Metro Office Park 19 2012 - - - - 20% 20% - - 60% - - Jesús Colón
(787) 620-8188 / (787) 622-7072 Blg. 6, Suite 104 Partner
www.c2spr.com Guaynabo 00968
15/15 Puerto Rico Manufacturing World Plaza Bldg., Suite 1002 9 1996 5% 10% 20% - 15% 5% 30% - - 10% 5% Migdalia Rosado
Extension Inc. 268 Muñoz Rivera Ave. Executive Director
(787) 756-0505 / (787) 754-7345 Hato Rey 00918
www.primexpr.org
16/16 Advantage Business 1519 Ponce de León Ave. 8 1998 - - - 85% 10% 5% - - - - - Vicente Feliciano Pérez
Consulting Inc. Suite 1001 President
(787) 751-1818 / (787) 764-9257 San Juan 00909
www.advantagepr.net
17/18 The Allied Group 418 Escorial Ave. 6 1991 - - - - - - - - - - Miguel A. Cruz Amely
(787) 783-4622 / (787) 783-5383 San Juan 00920 President
www.alliedgroupehs.com
18/18 Burckhart Consulting Corp. Popular Center, Suite 1029 5 1984 10% 10% 20% - - 20% - 20% 20% - - Ángel A. Burckhart
(787) 766-1905 / (787) 766-1621 208 Ponce de León Ave. Managing Partner
www.burckhartpr.com Hato Rey 00918
18/21 Zayas Morazzani & Co. Belisa Urb. 5 1978 - - - - 35% 5% - - - - 60% Pedro Morazzani
(787) 753-7025 / (787) 759-7122 1538 Bori St. Luis A. Martínez
www.zmcompany.com Río Piedras 00926 Partners
20/22 Diversified Business Consulting St. Just 3 2012 10% 15% - 25% 10% 20% - - 10% 10% - Carlos Carrión
Group Trujillo Alto 00978 President
(787) 644-5348 /
diversified.dbcgroup@gmail.com
20/- Organization Consulting Centro Internacional de 3 1997 - 25% - - 25% - - 25% - - 25% Maritza Soto
Group Inc. Mercadeo President
(787) 706-1006 / (787)775-1572 Suite 612
www.orgconsgroup.com Guaynabo 00969
20/18 Uboss Corp. Villamar Shopping Center 3 2001 - 25% - 5% 25% 10% - 25% 10% - - Jaime M. Núñez
(787) 250-8564 / (787) 250-8579 Suite 2 President
www.ubosspr.com Isla Verde 00979
* Formerly known as RSM ROC & Company Research by Ana D. Ortiz
Unless otherwise noted, all information was provided by the companies. Copyright © 2017 CARIBBEAN BUSINESS

172 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST MARKET RESEARCH COMPANIES
(Listed According to Number of Full-Time Employees as of April 2016)
Current/ Company Name Physical Address No. of Types of Research No. of Main Clients Top Executive(s)
Previous Telephone/Fax Full-Time Clients Title
Ranking Internet/Email Address Employees
1/1 Gaither International P.R. 703 Jordan St. 114 Custom research, panel/focus 75 Banco Popular de P.R. Gilberto Castro
(787) 728-5757 / Santurce 00909 groups, syndicated research, Caribbean Restaurants LLC Sandra Jiménez
www.gaitherinternational.com field studies, economic/feasibility Total Petroleum P.R. Corp. Managing Directors
studies
2/2 Nielsen 117 Eleanor Roosevelt Ave. 100 Custom research, panel/focus 70 Procter & Gamble Tatiana Irizarry Hilera
(787) 756-0555 / 3rd Floor groups, syndicated research, field Nestlé Business Director
www.nielsen.com Hato Rey 00918 studies Mars
3/3 IRI Puerto Rico Inc. 255 Ponce de León Ave. 53 Custom research, field studies, 66 B. Fernández Craig Womble
(787) 728-9699 / (787) 728-9610 Suite 514 shoppers, JDA planograms, Pfizer President
www.iriworldwide.com Hato Rey 00917 syndicated research V. Suárez & Co.
4/4 Estudios Técnicos Inc. 113 Domenech Ave. 48 Custom research, panel/focus 45 Ana G. Méndez University System Graham Castillo Pagán
(787) 751-1675 / (787) 767-2117 Hato Rey 00918 groups, economic/feasibility Toyota President/COO
www.estudios-tecnicos.com studies, filed studies, syndicated Oriental Bank
research
5/6 Custom Research Center Inc. San Francisco Urb. 29 Custom research, panel/focus 35 Encanto Restaurants Parimal Choudhury
(787) 764-6877 / (787) 764-6835 1650 De Diego Ave. groups, field studies, economic/ Rovira Biscuits President
www.customresearchpr.com Río Piedras 00927 feasibility studies taste tests, Metropistas
mystery shopper
6/7 Ipsos Inc. Roosevelt Urb. 25 Custom research, panel/focus 200 Banco Santander de P.R. Luis F. Garay
(787) 753-8370 / (787) 754-1614 463 Fernando Calder St. groups, syndicated research, field Coca-Cola President/
www.ipsos.com Hato Rey 00918 studies Kellogg’s Country Manager
7/9 Professional Market Research Inc. Metro Office Park 20 Custom research, panel/focus 30 Unilever Enrique A. Cabrero
(787) 250-6986 / (787) 753-2078 Lot 15, Suite 203 groups, syndicated research, field Colgate-Palmolive President
www.pmrusa.net Guaynabo 00969 studies Procter & Gamble Co.
8/10 Lighthouse Market Intelligence Inc. 200 Boulevard de la Fuente St. 15 Custom research, panel/focus 25 Banco Popular de P.R. Marisol Lugo Juan
(787) 603-6800 / (787) 200-4250 Suite 34 groups, field studies Pfizer Diana Rodríguez
www.lighthouseintel.com Río Piedras 00926 Hispanic Research Partners
8/8 Publimedia Inc. 556 Guayama St. 15 News & media monitoring 100 Ana G. Méndez University System Jessica I. Tirado
(787) 753-7294 / Suite 2 Municipality of Ponce General Manager
www.publimediapr.com Hato Rey 00918 Puma Energy
10/5 The Marketing Center Caribe Urb. 9 Custom research, panel/focus N/P Caribbean Restaurants LLC Luis Benabe Santos
(787) 751-3532 / (787) 765-2096 1594 Cavalieri St. groups Méndez & Co. Partner
www.themarketingcenterpr.com Río Piedras 00927 MMM
11/- H. Calero Consulting Group 416 Ponce de León Ave. 7 Custom research, field studies, 300 Hospital Auxilio Mutuo Heidie Calero
(787) 756-5715 / (787) 756-4078 Suite 1111 strategic planning, economic/ AbbVie President
www.hcalero.com Hato Rey 00918 feasibility studies, economic Arroyo & Monrouzeau Law Firm
newsletters
N/P - Not Provided
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones Del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 173

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As Ranked by ®

PUERTO RICO’S LARGEST PUBLIC RELATIONS FIRMS


(Listed According to Number of Full-Time Employees as of March 2016)
Current/ Company Name Physical Address No. of Three Main Accounts Percentage of Year Top Executive
Previous Type of Company Full-Time Business Activity Established Title
Ranking Telephone/Fax Employees in P.R. Internet/Email Address

Promotions
Advertising
Relations
Public

Other
1/1 Comstat Villa Caparra Ext. 18 Toyota 90% - 10% - 1982 Ana M. Echenique
Div. of Badillo Saatchi & Saatchi A-16 Génova St. Microsoft President
(787) 622-1078 / (787) 793-3574 Guaynabo 00968 Wendy’s anamaria.echenique@comstatpr.com
2/2 DOT Communications Villa Clementina Urb. 12 Méndez & Co. 70% 10% 10% 10% 2003 Deliana Olmo Terrasa
Independent Firm C31 Lic. Rodríguez St. V. Suárez & Co. President
(787) 720-6792 / Guaynabo 00969 L’Oréal communicationsbydot.com
3/5 Burson-Marsteller 9 Munet Court St. 9 Ford Puerto Rico 100% - - - 1981 Lynnette Teissonniere
Independent Firm Guaynabo 00968 Miller-Coors Market Leader
(787) 622-6555 / (787) 782-2244 Oracle www.bm.com
4/3 DDB Public Relations Centro Intl. de Mercadeo 8 Wal-Mart Corporate Svcs. 100% - - - 2001 Vivian Dávila
Division of DDB Latina Puerto Rico Tower II Subway Restaurants VP Public Relations
(787) 766-7140 / (866) 907-5693 90 Rd. 165, Suite 601 Banco Cooperativo www.ddb.com/pr
Guaynabo 00968
4/9 Full Circle Communications Inc. Torrimar Urb. 8 Hospital de la UPR 90% 10% - - 2002 Ada Torres Toro
Independent Firm 18-4 Alcázar St. Dr. Federico Trilla President
(787) 679-6060 / Guaynabo 00966 Red Mango www.fullcirclecom.net
Fusionworks Inc.
4/- Perfect Partners Inc. 1252 F.D. Roosevelt Ave. 8 Ricky Martin 90% - 10% - 2001 Helga García
Independent Firm Suite 200 Pan American Grain President
(787) 273-4240 / San Juan 00920 Municipality of Mayagüez helga@perfectpartners.com
4/3 Publicis 1738 Amarillo St. 8 McDonald’s Corp. 90% - 10% - 1994 Juan R. Argüelles
Affiliate of Golin Suite 210 Nissan Motor Co. Ltd. President
(787) 722-8947 / (787) 722-8948 Río Piedras 00926 P.R. Ophthalmology Society jrarguelles@publicis.com.pr
8/5 C2 Group Corp. Villa Caparra Urb. 7 Supermercados Econo 50% 25% - 25% 2001 Teresa Caballero
Affiliate of The Marketing Source Hwy. 2, 136 Bldg. Vaquería Tres Monjitas Inc. Partner
(787) 273-7338 / (787) 273-7582 Guaynabo 00966 Armored Auto Group www.csquaregroup.com
8/9 PR Links Communications Inc. 1739 Rd. 8838 7 Liberty Cablevision of P.R. 75% 25% - - 2006 Tomás Dardet
Independent Firm Suite 202 British V.I. Tourist Board President
(787) 782-8800 / (787) 782-8801 Río Piedras 00926 Suzuki del Caribe www.prlinksco.com
8/5 Roma BC Inc. 56 Progreso St. 7 Sol Coop 51% 5% 12% 32% 1991 Rosana M. Roig
Independent Firm Santurce 00911 Ricoh President
(787) 729-8934 / (787) 729-2292 Western Union www.romabci.com
11/12 Bird Communications Inc. San Patricio Urb. 6 MMM Holdings LLC 50% 40% 10% - 2005 Annie Bird
Independent Firm B9 Meadows St. Boston Scientific CEO/President
(787) 345-0042 / Guaynabo 00968 State Legislators www.birdcommunications.org
11/9 The Big Think Group 1850 Fernández Juncos Ave. 6 T-Mobile Puerto Rico 70% - 20% 10% 2003 Bernardo Fiol Costa
Independent Firm San Juan 00909 Heineken International President
(787) 643-7999 / (787) 268-2727 Univ. del Sagrado Corazón www.bigthinkgroup.com
13/14 CMC Group LLC * H5 1st St. 5 CIAPPR’s Institute of Civil 55% 15% - 30% 1995 Thomas E. Kierce
Independent Firm Suite 202 Engineers CEO/Managing Partner
(787) 274-8181 / Guaynabo 00966 Mechanical Contractors www.cmc-pr.com
Association of Puerto Rico
Asociación Puertorriqueña
del Concreto
13/12 Fleishman Hillard Inc. Metro Office Park 5 Procter & Gamble Co. 100% - - - 1999 Angie Álvarez
Independent Firm 14 2nd St., Suite 400 McDonald’s Corp. Senior VP/General Manager
(787) 620-1400 / (787) 620-1401 Guaynabo 00968 Gas Natural Fenosa www.fleishmanhillard.com
15/14 Mirabal & Associates 101 Méndez Vigo St. 4 Infotech Aerospace Svcs. Inc. 70% 15% - 15% 1988 Pura Inés Mirabal
Independent Firm Suite 801 Vista del Mar Luxury Apts. President/General Manager
(787) 831-3040 / Mayagüez 00680 S.J. Multiple Sclerosis Center www.mirabalpr.com
15/14 WD Group/Origami Creative Paradise Commercial Bldg. 4 Spanish Broadcasting System 90% 10% - - 2001 Waldo Díaz
Strategies Inc. 264 Matadero St., Suite 2 MegaTV President/Partner
Independent Firm San Juan 00920 Municipality of Arecibo www.waldodiaz.com
(787) 364-8181 /
* Formerly known as Communications Management Consultants Corp.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

174 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LEADING ADVERTISING AGENCIES


(Listed According to 2015 Gross Income)
Current/ Agency Name Physical Address 2015 No. of Year Representative Clients Top Executive(s)
Previous Telephone/Fax Gross Full-Time Established Title
Ranking Internet/Email Address Income $ Employees in P.R.
$7 Million & Over
1/1 Y&R San Juan 9 Munet Court 16,500,000 61 1956 T-Mobile Iván Santos
(787) 622-6500 / Guaynabo 00968 MMM General Manager
www.yr.com Coors Light
Nissan
Campbell’s
2/2 DDB Latina Puerto Rico Centro Intl. de Mercadeo 16,000,000 107 1995 Walmart Edgardo M. Rivera
(787) 766-7140 / (787) 766-7178 Tower II, Suite 601 Subway Restaurants CEO
www.ddb.com/pr Guaynabo 00968 Lotería de Puerto Rico
Cervecera de Puerto Rico
Unilever
3/2 J. Walter Thompson P.R. Inc. Mario Juliá Ind. Park 15,900,000 92 1978 Banco Popular Jorge Rodríguez
(787) 781-1616 / (787) 474-2521 791 C St. Walgreens CEO
www.jwt.com San Juan 00920 AT&T
Nestlé
Triple-S
4/5 De La Cruz Group Inc. Metro Office Park 11,436,127 94 1985 Sears Holdings Puerto Rico René de la Cruz
(787) 622-4141 / (787) 622-4170 Bldg. 9, 1st St., Suite 201 Burger King Puerto Rico Chairman/CEO
www.delacruz.com Guaynabo 00968 Puerto Rico Supplies
Scotiabank Puerto Rico
Aerostar Airport Holdings
5/4 Badillo Saatchi & Saatchi Villa Caparra Ext. 11,000,000* 69 1944 Toyota Erasto Freytes
(787) 622-1000 / (787) 793-0307 A16 Génova St. Claro CEO/President
www.saatchi.com Guaynabo 00966 Wendy’s
Procter & Gamble
General Mills
6/7 BBDO Puerto Rico Inc. Metro Office Park 7,900,000* 45 1980 Mars Ramiro Millán
(787) 620-2000 / (787) 620-2001 Bldg. 14, 2nd St., Suite 400 Pepsi President
www.bbdopr.com Guaynabo 00968 JCPenney
Ana G. Méndez University System
Triple-S
7/6 Leo Burnett Puerto Rico Villa Caparra Ext. 7,000,000* 16 1970 Procter & Gamble Wanda Reichard
(787) 754-7760 / (787) 754-4941 A16 Génova St. McDonald’s Megwinoff
www.leoburnett.com Guaynabo 00966 Kellogg Caribbean General Manager
Destilería Serrallés
Sunnova
$4 Million - $6.9 Million
8/9 Arco Publicidad Corp. Puerta del Condado Bldg. 6,500,000 50 1998 Encanto Restaurants Efrén Pagán
(787) 724-5219 / (787) 724-5911 1095 Wilson Ave., PH Mueblerías Berríos President
www.arcopublicidad.com San Juan 00907 Instituto de Banca y Comercio
Destilería Serrallés (Don Q)
Banco Santander
9/8 Lopito, Ileana & Howie Inc. Metro Office Park 5,772,600 40 1972 AT&T Carlos J. Rodríguez
(787) 783-1160 / Bldg. 13, 1st St. MCS CEO
www.lih.com Guaynabo 00968 JetBlue
Merck
DirecTV
10/10 Arteaga & Arteaga Advertising Inc. Caribe Urb. 5,724,696 45 1984 Bristol-Myers Squibb Juan Arteaga
(787) 620-1600 / (787) 620-1603 1571 Alda St. DDR Corp. President
www.arteaga.com Río Piedras 00926 Uber Technologies
Twentieth Century Fox
Puerto Rico Coffee Roasters
11/17 PopuliCom 255 Recinto Sur St. 5,000,000 27 1998 FirstBank Guillermo Paz
(787) 725-2550 / (787) 725-2555 San Juan 00901 Autogermana President
www.populicom.com GlaxoSmithKline
Unilever
The Coca-Cola Co.
12/12 Sajo García Alcázar 1555 Francia St. 4,277,081 33 1995 Chrysler Manuel Ruiz
(787) 620-2033 / (787) 620-1924 San Juan 00911 Empresas Fonalledas President
www.sgaideas.com Garage Isla Verde
Liberty Cablevision
PPG-Glidden
$3 Million - $3.9 Million
13/19 McCann Erickson Corp. S.A. 1665 Víctor Labiosa Ave. 3,640,000* 36 1942 L’Oréal Rafael Camacho
(787) 774-3600 / 620-6389 Suite 301 MasterCard President
www.mccann.com Río Piedras 00926 P.R. State Elections Commission
Caribbean University
Mondelez International
14/18 KOI Group Muñoz Rivera Urb. 3,250,000 17 1994 Empresas VRM Edwin F. Miranda
(787) 313-8291 / (787) 620-2656 KOI Bldg., A3 Acuarela St. Prisa Group President
www.koiamericas.com Guaynabo 00969 Hyatt Place & Hyatt House
Wyndham
Professional Hospital
15/14 JMD Communications 760 Bolívar St. 3,150,000 30 1996 FirstBank José M. Jiménez
(787) 728-3030 / (787) 728-7050 Santurce 00909 Infiniti CEO
www.jmdcom.com Sprint
Pfizer
Guardian Insurance
16/13 Buena Vibra Group The Atrium Office Center 3,000,000 189 2007 Inter American University of P.R. Emil Medina
(787) 726-2600 / 530 Constitución Ave. H&M President
www.buenavibrapr.com Suite 101 McDonald’s
Puerta de Tierra 00901 AT&T
Cervecera de Puerto Rico

Continues on page 176

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 175

BOL_175-176-177.indd 175 1/13/17 5:54:35 PM


As Ranked by ®

PUERTO RICO’S LEADING ADVERTISING AGENCIES


(Listed According to 2015 Gross Income)
Current/ Agency Name Physical Address 2015 No. of Year Representative Clients Top Executive(s)
Previous Telephone/Fax Gross Full-Time Established Title
Ranking Internet/Email Address Income $ Employees in P.R.
$2 Million - $2.9 Million
17/16 Ballori & Farré Inc. 352 Fernando Primero St. 2,900,000 24 1984 Dominican Republic Tourism Ministry Carmen Marta Farré
(787) 302-1000 / (787) 302-1006 Hato Rey 00918 International Hospitality Enterprises President
www.ballori.com Hilton Hotels
Ritz Carlton Hotels
El San Juan Hotel & Casino
18/15 Publicidad Tere Suárez LLC 466 Hostos Ave. 2,700,000* 16 1985 Motorambar Tere Suárez
(787) 250-5555 / (787) 763-2159 Hato Rey 00918 Freire President
www.teresuarez.com Banco Popular
Popular Mortgage
19/11 Havas Worldwide Puerto Rico Inc. Centro Intl. de Mercadeo 2,652,000 13 1964 Motorambar (Nissan) Mario Dávalos
(787) 999-0612 / (787) 999-0606 Tower I, Suite 803 Total Petroleum Puerto Rico CEO
www.havasworldwide.com Guaynabo 00968 Frans Global (Taco Maker)
Productos Familia
Antonio Puig Fragrances
20/- KIS (Key Integrated Solutions Inc.) Metro Office Park 2,185,348 20 2009 FirstBank Francisco de la Cruz
(787) 705-0270 / Bldg. 9, 1st St., Suite 106 Kimberly-Clark President
www.kisdigitalpr.com Guaynabo 00968 Puerto Rico Supplies
Novus
21/23 Grupo Mamery 255 Ponce de León Ave. 2,128,033 18 1987 Triangle Dealers Eric W. Mamery
(787) 758-7272 / (787) 834-7275 Suite 805 El Mesón Sándwiches President
www.grupomamery.com Hato Rey 00918 AutoGrupo de Puerto Rico
Mayagüez Mall
Lexus San Juan/Ponce
22/20 Veintinueve de Febrero Inc. 1550 Ponce de León Ave. 2,100,000* 18 2000 Chrysler-Jeep-Dodge-RAM Luis F. Rodríguez
(787) 620-0292 / (787) 620-0293 Suite 600 International Restaurant Services Inc. CEO
www.29febrero.com Santurce 00909 Best Buy
Dr. Pepper Snapple Group
University of Miami
$1 Million - $1.9 Million
23/24 Adrenaline Advertising Corp. 818 Ponce de León Ave. 1,800,000* 27 2005 French’s Marisabel Ramos
(787) 908-1000 / Miramar Grupo RR CEO/President
www.adrenalinegrouppr.com Santurce 00907 Hyundai
Chrysler
AA Auto
23/21 Kroma Advertising & Public Relations ILA Bldg., 5th floor 1,800,000 38 2000 Hyundai Puerto Rico Bernardo Medina
(787) 364-1111 / (787) 724-4209 Kennedy Ave. Bacardí CEO/President
www.kromaidea.com San Juan 00920 Plaza Las Américas
General Electric
Open Mobile
25/25 Grupo Mente Creativa Inc. Summit Hills 1,500,000* 7 2002 Axesa Wilson Calderón
(787) 272-8877 / (787) 272-8866 627 Hillside St. Supermercados Pueblo Tomás Rivera
www.grupomente.com San Juan 00920 Mitsubishi Motors Partners
Humberto Vidal
25/29 Paradigm Associates Torre de la Reina Bldg., 1,500,000 33 1998 Sol PR Ltd. (Shell/Pennzoil) Guillermo J. Ramis
(787) 782-2929 / (787) 774-5722 Suite A-1 Paramount Pictures CEO
www.paradigmpr.com 450 De La Constitución Ave. Yogen Früz
San Juan 00901 Tolic
Caribbean Cinemas
27/22 Adworks Corp. Villa Caparra Urb. 1,451,352 21 1994 Hospital Auxilio Mutuo Brenda González Santini
(787) 782-8850 / (787) 782-8810 60 8th St. Sun West Mortgage President
www.adworkscorp.com Guaynabo 00966 Aurora Property
Paseo Caribe
Daniel Espinosa Jewelry
28/38 Sinexis Inc. Buchanan Office Center 1,300,000 7 1996 AbbVie Corp. Juan M. Oquendo Villar
(787) 622-9220 / (787) 622-9224 40 Rd. 165, Suite 307 Pfizer President
www.sinexispr.com Guaynabo 00968 Gil Pharmaceutical
Better Back Store
Zen Spa
29/26 Corporate Communications Inc. 161 Ponce de León Bldg. 1,200,000 10 1982 La Gloria Vilma Colón
(787) 622-9500 / (787) 622-9595 Hato Rey 00918 Variety Foods President
www.corporatpr.com Centro de Estudios Avanzados
Coopharma
30/28 Jorge Blanco & Asociados Summit Hills Urb. 1,125,000 12 1997 Chevrolet Dealer Association Jorge Blanco
(787) 782-0384 / (787) 781-1573 589 Hillside St. Felcon Group President
www.jbasociadospr.com San Juan 00920 Toyota de Bayamón
Caribbean Auto Distributors
Bremen
31/33 Advertising Developers Inc. JB Huyke Urb. 1,000,000 15 1984 Bassett Furniture Axel Rocafort
(787) 771-0110 / (787) 771-0108 373 De Hostos Ave. Refricentro President
arocafort@advertisingdevelopers.com Hato Rey 00918 Koper
Letrán Joyeros
Gómez Hermanos Kennedy
31/30 Say El Paraíso Urb. 1,000,000 21 2015 Ballester Hermanos, Inc. Javier Pagán
(787) 641-7041 / (787) 641-7047 1536 Ganges St. Holsum de Puerto Rico CEO
www.say.agency Río Piedras 00926 KraftHeinz de Puerto Rico
C&W Business
Chattem Inc.

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As Ranked by ®
PUERTO RICO’S LEADING ADVERTISING AGENCIES
(Listed According to 2015 Gross Income)
Current/ Agency Name Physical Address 2015 No. of Year Representative Clients Top Executive(s)
Previous Telephone/Fax Gross Full-Time Established Title
Ranking Internet/Email Address Income $ Employees in P.R.
Under $1 Million
33/31 Media Management & Partners Centro Intl. de Mercadeo 950,000* 6 1991 V. Suárez & Co. María Cristina Hermida
(787) 273-4211 / (787) 782-5657 Rd. 165, Tower 1, Suite 407 PPG President
www.mediamanagementpr.net Guaynabo 00968 Empresas Fonalledas
AIG
Honda
34/27 TBWA San Juan Miramar Plaza Center 845,000 10 2011 Empresas Caparra (San Patricio Plaza) Luzirene Mendoza
(787) 945-7301 / 954 Ponce de León Ave. Grupo Novus CEO
www.tbwasanjuan.com Suite 704 GSK (Aquafresh)
Santurce 00907 Cosvi
New Energy
35/34 Ad-diction Inc. 204 Eleanor Roosevelt Ave. 750,000 10 2006 Hecho en Puerto Rico Lietchen Sarramía Wys
(787) 759-8669 / (787) 946-4097 Hato Rey 00918 Baxalta Vice President/
www.addictionpr.com EDP University Managing Director
Wrigley
Chocolate Cortés
36/35 Oneighty° Agency C5 Alejandrino Ave. 625,000* 11 2013 Honda Javier Tirado
(787) 565-8349 / Guaynabo 00969 Wyndham Hotel Group Enrique Soler-Armstrong
www.180agency.com Heineken Americas Partners
Amstel Bright
Abbott
37/32 Milestone Communications Inc. 171 Chardón Ave. 619,145 8 2001 Indulac Eduardo Rivero
(787) 641-2164 / (787) 641-2165 Suite 402 Media Power Group CEO/President
www.milestoneeventspr.com Hato Rey 00918 Inter American University of P.R.
Carnival Cruises
38/37 RE Advertising 640 San Patricio Ave. 600,000* 7 1977 Creative Development Roberto Echevarría
(787) 792-4800 / (787) 782-2968 San Juan 00920 Auto Stop Cofiño
www.readv.net Equity Mortgage President
CCAT
Brito Development Group
39/40 Arteria Publicidad Inc. Miramar Plaza, Suite 708 420,000 5 2000 Popeye’s Carlos J. Bruno
(787) 782-3138 / 954 Ponce de León Ave. Welch’s President
www.arteriapublicidad.com San Juan 00907 Ricky Martin Foundation
Ranger American
Vieques Air Link
40/39 Gil Burgos & Partners Corp. Hwy. 1, Km. 30.6 415,939 1 2005 Caguas Expressway Motors Gil F. Burgos
(787) 747-5835 / (787) 743-1840 Caguas 00725 Laboratorio Emmanuel President
burgosandpartners@gmail.com
41/36 ERC Group Centro Intl. de Mercadeo 400,000 13 1996 Manatí & Mayagüez Medical Center Elliott Ramírez
(787) 781-7000 / (787) 781-7046 100 Rd. 165, Suite 512 ICPR Junior College President
www.erc-group.com Guaynabo 00968 Reckitt Benckiser
Droguería Betances
Panasonic
41/41 Impacto Communications 601 Del Parque St. 400,000 7 2009 Sony Pictures Entertainment Manuel Matta
(787) 200-4432 / (787) 993-6030 Suite 504 World Films Enrique Schettini
www.impactopr.net San Juan 00909 César Castillo Inc. Partners
CooPaca
Martin’s BBQ
43/42 IRP Marketing Communications Marginal Sur 227,500* 5 1981 Gran Meliá Golf Resort Puerto Rico Israel Rodríguez
(787) 777-1477 / 128 F.D. Roosevelt Ave. Hospitales Hima San Pablo President
www.irppr.com 2nd Floor MaunaCoop
Hato Rey 00917 CamuyCoop
Coop. de Ahorro y Crédito
Roosevelt Roads
44/44 CHC Comunicaciones Inc. San José Bldg., Suite 1010 190,000 2 2007 The Sherwin Williams Co. Carlos Hernández
(787) 625-7820 / 1250 Ponce de León Ave. Sherwin Williams Stores President
www.chccompr.com Santurce 00907 General Insurance Brokers
VMO & Associates Inc.
MORS Inc.
45/48 Adcom Group Inc. Triple-S Plaza 180,000 8 1994 Supermercado Mr. Special Debbie Alonso
(787) 781-1700 / (787) 781-3314 1510 F.D. Roosevelt Ave. Mayagüez Resort & Casino President
www.adcomgroup.com Suite 11A Coca-Cola
Guaynabo 00968 Suiza Dairy
Puerto Rico Suppliers
45/43 FM Group Inc. Rd. 796, Km. 3.2 180,000 8 1991 Procter & Gamble Wendell S. Falmar
(787) 743-5340 / (787) 743-5270 Suite 74000 Claro CEO
www.fmgrouppr.com Caguas 00726 Hershey’s
National University
McCann Erickson
47/46 Quality Advertising Services Inc. 100 Goyco St. 167,000 7 1979 MVP Toyota Quintín Rivera Segarra
(787) 746-3636 / (787) 746-3037 Caguas 00725 Inspira President
quintin.quality@gmail.com Laboratorios Clínicos Borinquen
Ana G. Méndez University System
Tropical Music
48/47 Mozart Advertising LLC Hipódromo Urb. 150,000 6 2014 Krispy Kreme David O. Habibe Vargas
(787) 773-1377 / (787) 773-1377 1468 África St. Sistema de Salud Menonita Miguel Ortiz Zayas
www.mozartadvertising.com Santurce 00909 InterContinental Hotel Partners
QBE Seguros
InterCaribbean Airways
* CARIBBEAN BUSINESS estimate
Gross income is defined as revenue from fees, media commissions and markups on materials and services.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the agencies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 177

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As Ranked by ®
PUERTO RICO’S MAIN TELEMARKETING & CONTACT CENTERS
(Listed According to Number of Full-Time Employees as of September 2016)
Current/ Company Name Physical Address No. of Year Main Services Offered Top Executive
Previous Telephone/Fax Full-Time Established Title
Ranking Internet Address Employees in P.R.
1/1 Atento de Puerto Rico Inc. El Troche Ind. Park 620* 1999 Sales, customer care, collections, back office, Rosa Maldonado
(787) 653-2000 / (787) 625-0985 Rd. 189, Km. 2.0 technical support General Manager
www.atento.com Caguas 00726
2/4 TeleMedik (Jaye Inc.) 5 Filipo Di Plana St. 392 1996 Customer service, information center, Joaquín Fernández
(787) 999-6200 / (787) 999-4420 Guaynabo 00966 surveys, clinical programs President
www.telemedik.com
3/3 Link Activ Amelia Ind. Park 230* 1993 Customer service, event management, Edward Benavent
(787) 641-0101 / (787) 641-3905 Lot 20, Diana St. surveys, telesales Vice President/
www.linkactiv.com Guaynabo 00968 General Manager
4/5 Insight Communications Corp. Bechara Ind. Park 175* 2003 Sales, advertising & promotional Neftalí Bernard
(787) 641-9292 / (787) 625-1928 342 San Luis St., Suite 304 campaign support, customer service, President
www.insightgrouppr.com San Juan 00921 surveys, help desk, events confirmation
5/6 Telecontacto Inc. Hyde Park Urb. 140* 1994 Customer service, surveys, telesales loyalty Miguel Merced Mader
(787) 281-8989 / (787) 294-8050 275 Jesús T. Piñero Ave. programs, help desk President
www.telecontacto.com Río Piedras 00927
6/7 AxisPoint Health Anexo Bldg. 50 1998 Health-related customer service & Russell Torres
(787) 749-8100 / (787) 749-0232 1441 F.D. Roosevelt Ave. information center Finance Manager
www.axispointhealth.com San Juan 00920
6/- DRSI Call Center LLC ** 1660 Fernández Juncos Ave. 50 2015 Answering service, customer service, Heiko Faass
(787) 268-8500 / (787) 727-2252 Santurce 00909 information center, order/taking, CEO
drsi.pr appointment taking, surveys, sales
8/8 Stericycle Communication Solutions AT&T Bldg., 2nd Floor 35 1973 Answering service, customer service, Francisco Ochoa
(787) 774-1313 / (787) 793-3534 996 San Roberto St. information center, collections, surveys, Operations Manager
www.stericyclecommunications.com Río Piedras 00926 appointment & order taking, data update
* CARIBBEAN BUSINESS estimate
** Acquired Direct ResponSource Inc. operations in November 2015.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies and/or obtained from their websites.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

As Ranked by ®

PUERTO RICO’S LARGEST OUTDOOR-ADVERTISING COMPANIES


(Listed According to Number of Full-Time Employees as of May 2016)
Current/ Company Name Physical Address No. of Outdoor Advertising Offered Year Top Executive
Previous Telephone/Fax Full-Time Established Title
Ranking Internet Address Employees in P.R.
1/1 Lamar Advertising of Puerto Rico Inc. Rexco Industrial Park 30 LCD/LED, mechanical & static billboards 1999 Ramón Montalvo
(787) 620-1800 / (787) 620-1801 200 A St, Suite 300 building mesh, train/airport advertising General Manager
www.lamar.com Guaynabo 00968
2/2 Tactical Media Group F-4 Lomas Verdes Ave. 25 LCD/LED, static, mechanical & mobile 1999 Ángel A. Álvarez
(787) 288-2662 / (787) 288-2680 Bayamón 00956 billboards, vehicle & indoor/bathroom President
www.tacticalmg.com advertising, fuel pumps, building mesh
3/3 Bus Shelters Interamericana S.A. Inc. Podiatric Center, Suite 2A 20 Bus shelters, LCD/LED & static billboards, 1980 Robert Sheldon
(787) 724-0261 / (787) 725-7317 1413 Fernández Juncos Ave. building mesh CEO
www.bushelterspr.com Santurce 00909
4/4 Yellow Media Group Isla Grande Airport 11 Taxi advertising 1994 Luis Feliciano
(787) 304-4444 / (787) 474-2144 North Ramp, Lot 1B President
www.yellowmedia.com San Juan 00907
5/- B Billboard Corp. * 221 Ponce de León Ave. 9 LCD/LED & static billboards, building mesh 2009 Héctor Horta
(787) 593-0960 / Suite 302 Vice President
www.bmediagroup.com Hato Rey 00917
6/5 Target Point 1226 Jesús T. Piñero Ave. 6 LCD/LED & static billboards, 2004 Daniel Ramy
(787) 523-1195 / (787) 783-7222 San Juan 00921 vehicle advertising, building mesh, Partner/Media Manager
www.targetpointpr.com healthcare media
7/7 Abcon Media P.R. Inc. Tres Monjitas Ind. Park 5 Boom ads, wall & specialty banners, 2002 Carlos Ortiz
(787) 705-0410 / (787) 705-0409 131 Federico Costa St. control box, pay terminals decals, elevator President
www.abconpr.com Hato Rey 00918 wraps, handpainted murals, building mesh
7/7 Inside Media 171 Chardón Ave. 5 LCD/LED & static billboards, private TV, 2005 Eduardo Nieves
(787) 641-2164 / (787) 641-2165 Suite 402 elevator ads, frame ads, building mesh Sales Manager
www.insidemediapr.com Hato Rey 00918
7/- Power Ads Corp. Mercantil Plaza Bldg. 5 LCD/LED, static, mechanical & mobile 2005 Iván Vélez Correa
(787) 528-1303 / Suite 802 billboards, supermarket & gas station President
www.poweradspr.com Hato Rey 00918 LCD coolers, building mesh
10/9 Medio Externo VIG Tower 4 Elevator & drum ads, building mesh 2001 José García Iturrizaga
(787) 763-9460 / (787) 763-9453 1225 Ponce de León Ave., Suite 1403 President
www.medioexterno.com Santurce 00907
10/9 Sistemas Urbanos Inc. VIG Tower 4 Bus shelters, standing panels & clocks, 1997 Ramón Mac-Crohon
(787) 777-0604 / (787) 777-0628 1225 Ponce de León Ave., Suite 706 street furniture, static & rotating displays President
www.sistemasurbanos.com Santurce 00907
12/11 GFR Media (Billboards Division) Amelia Ind. Park 3 LCD/LED & static billboards, building mesh 2011 María L. Ferré Rangel
(787) 641-8000 / (787) 641-3900 Rd. 165, Lots 11 & 12 President
www.gfrmedia.com Guaynabo 00968
12/11 Trans Ad Puerto Rico Inc. Caribe Urb. 3 LCD/LED & static billboards 1986 Linette Oquendo
(787) 766-2610 / (787) 763-5160 1601 Alda St. General Manager
www.transadpr.com Río Piedras 00926
* Acquired Dueño Showtime P.R. Inc., ranked No. 6 last year, in 2015.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

178 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST SECURITY GUARD COMPANIES


(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 Gross No. of Year Services Offered Top Executive
Previous Telephone/Fax Revenue $ Security Established Title
Ranking Internet Address Guards in P.R.
1/1 St. James Security Services Inc. Caribe Urb. 85,085,450 3,204 1977 Uniformed, armed & unarmed guards, Marcos Rivera Rivera
(787) 754-8448 / (787) 281-6254 1604 Ponce de León Ave. payroll escorts, security consultants, President
www.stjamessecurity.com Río Piedras 00926 radio car patrol, special events, criminal &
civil investigation
2/2 Genesis Security Services Inc. Villa Carolina 4th Ext. 57,647,792 3,370 1997 Security guards, alarms, video surveillance Emilio Morales Laboy
(787) 776-2381 / (787) 757-8975 143-12 401 St. & monitoring President
www.genesissecuritypr.com Carolina 00985
3/3 Ranger American of Puerto Rico Inc. Villa Capri Urb. 39,200,000 1,850 1982 Security guards, electronic security, Juan F. Bravo Najul
(787) 999-6060 / (787) 999-6050 605 Lodi St. virtual monitoring, response, background President
www.rangeramerican.com Río Piedras 00924 investigation, private detectives
4/4 Capitol Security Police Inc. 703 Víctor López St. 33,000,000 1,200 1998 Armed & unarmed security guards, Miguel Portilla Torres
(787) 727-1700 / (787) 982-0152 Santurce 00910 alarm & video monitoring, investigation President
www.capitolsecuritypr.com
5/5 Securitas Security Services of P.R. Inc. Tres Ríos Bldg., Suite 601 23,529,000 902 2004 Security officers, patrol services Oscar González
(787) 758-0548 / (787) 751-5855 27 Gonzalez Guisti St. Operations Vice President
www.securitas.com Guaynabo 00968
6/6 G4S Secure Solutions (P.R.) Inc. Plaza Bairoa, Suite 211 16,377,484 783 1958 Armed & unarmed security officers, Luis A. Pagán Reyes
(787) 641-3300 / (787) 790-3566 Hwy. 1, Km. 34.4 executive protection, virtual, intruder General Manager
www.g4s.com/pr Caguas 00725 & fire alarm monitoring, virtual access
control, GPS tracking
7/7 U.S. Security Associates Inc. Los Jardines Shopping Center 13,000,000 550 2006 Armed & unarmed security guards, Francisco R. Miranda
(787) 625-3381 / (787) 273-9170 Rd. 20, Km. 3.5, Suite 5 patrol, security assessment, investigation District Manager
www.ussecurityassociates.com Guaynabo 00969
8/- Universal Protection Service LLC Buchanan Office Center 10,000,000 700 2001 Unarmed security officers Miriam Franceschi Agosto
(787) 749-0097 / (787) 749-0320 40 Rd. 165, Suite 101 Regional Vice President
www.universalpro.com Guaynabo 00968
9/8 Vigilantes Inc. 623 Ponce de León Ave. 8,000,000 450 1970 Security officers, CCTV, access control, Edgar Pedrosa
(787) 763-2080 / (787) 763-2720 Suite 204 perimeter, fire & intrusion security President/COO
www.vigilantespr.com Hato Rey 00917 systems, investigation, consulting
10/- Bridge Security Services Inc. Magnolia Gardens Urb. 7,695,607 N/P 2001 Armed & unarmed, uniformed security Roque L. Rosario Rivera
(787) 787-7125 L15 Magnolia Ave. guards, special events, investigation, President
www.bridgesecuritypr.com Bayamón 00956 security consulting
N/P - Not Provided
Unless otherwise noted, all information was provided by the companies or obtained from public documents.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 179

BOL_179.indd 179 1/13/17 4:38:37 PM


VIDEO SURVEILLANCE
• Monitoring Center 7/24
• IP CCTV
• Alarm Systems
• Access Control
• Virtual Surveillance
• Rapid Response
• MPERS (Mobile Personal
Emergency Responce System)

SECURITY GUARDS
• Unarmed Guards
• Armed Guards
• Pepper Spray Certified
• S.R.T. (Special Reaction Team)
Specialized Unit
• ISO 9001 Certified Company

INFORMATION TECHNOLOGY
CONSULTING

WHERE
• IP & Analog Cameras
• Installation and Configuration of Switches and
Routers for Small and Mid-Size Businesses
• Installation and configuration of

SECURITY
wireless systems
• Security System Design
• Securityy Consulting
g

BEGINS...
SO 9001 Certified Company
• ISO

...AND THE TRADITION CONTINUES


787.599.1700 / 787-450-4391 / 787.902.8620 (Sales)
www.genesissecuritypr.com • contact@genesissecuritypr.com

180 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST


SECURITY SYSTEMS & SERVICES COMPANIES
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of Main Products Sold Main Services Offered Year Top Executive
Previous Telephone/Fax Gross Full-Time Established Title
Ranking Internet/Email Address Revenue $ Employees in P.R.
1/1 Honeywell International Inc. Rexco Ind. Park 33,000,000 96 HVAC, security, fire alarm, Mechanical maintenance, 1954 Carlos Rivera Agosto
(787) 792-7075 / (787) 792-0053 400 C St., Suite 100 energy management systems, energy management Branch General
www.honeywell.com Guaynabo 00968 safety, life & installation Manager

2/- Avant Technologies of P.R. Caguas West Ind. Park 18,000,000 51 Video surveillance solutions Security manufacturing 1992 Luis Díaz
(787) 746-9191 / (787) 746-7131 Bldg. 39 for finance industry & & integration CEO
www.avantworld.com Caguas 00725 city wide
3/2 GM Security Technologies GM Group Plaza 13,000,000* 88 Access control & video Integrated security, big 2006 Jesús Cortina
(787) 620-5260 / (787) 620-5244 1590 Ponce de León Ave. surveillance systems data & cloud computing, Exec. Vice President/
www.gmsectec.com Río Piedras 00926 managed & hosted General Manager
services
4/3 ADT Puerto Rico LLC Luchetti Ind. Park 12,250,000* 50 Security & surveilance Security & monitoring 1959 Erika Torres
(787) 474-9435 / (787) 474-9370 290 B St. systems, intercom & maglocks Branch Manager
www.adt.com Bayamón 00961
5/4 Alarm & Control System Co. Caparra Heights 3,800,000 39 Access control & fire alarm Building management 1990 Alberto C. Quadreny
(787) 781-8283 / (787) 749-8989 566 Esmirna St. systems, HVAC system systems services, President
www.acotrol.com San Juan 00920 control valves, CCTV installation, energy audits
6/5 Professional Communications Inc. Bo. Monacillos 3,275,257 38 Fire alarm, nurse call, Installation & 1978 Glorimari Montes
(787) 751-7611 / (787) 751-5503 1759 Rd. 8838 security, communications maintenance President
www.pci-pr.net Río Piedras 00926 & sound systems
7/6 Business Tele-Communications Inc. Paradise Hills Urb. 3,030,000 22 Fire alarms, CCTV, access Installation & repair of 1984 Ángel E. San Miguel
(787) 764-2019 / (787) 764-2923 1659 Paraná St. control systems, infant telecommunications & President
btc@btc84.com Río Piedras 00926 protection, nurse call, security systems
sound & paging
8/7 Fire Control Corp. 1044 Jesús T. Piñero Ave. 2,650,000* 20 CCTV, fire alarms, access Installation, repair, 1985 Carlos Quilinchini Jr.
(787) 793-6060 / (787) 793-4905 San Juan 00921 control systems, clean-agent maintenance, consulting President
www.firecontrol.net fire suppression, smoke & design
detectors
9/9 Protective Security Systems Inc. Caparra Terrace 2,000,000 23 Security & access control Installation 1994 José R. Hernández
(787) 792-4025 / (787) 792-7745 763 15th St., SO systems, alarms, CCTV President
www.pssincpr.net San Juan 00921
10/12 The Security Group Corp. Villa Blanca Urb. 1,300,000 18 Electronic security systems Installation, design 1988 Luis A. Benet
(787) 743-3299 / (787) 744-9699 42 Aquamarina St. & maintenance President
www.securitygroupcorp.com Caguas 00725
11/8 EAS Systems Inc. 1369 Salud St. 1,280,879 14 CCTV, access control, Security systems 1995 Pedro J. Bonnín
(787) 284-4007 / (787) 259-2251 Suite 102 structured cabling, intruder design, installation & President
www.eas-pr.com Ponce 00717 detection & antishoplifting maintenance
systems
12/11 Genesis Security Services Inc. Villa Carolina 4th Ext. 1,100,000 20 CCTV, intrusion & fire Installation, maintenance, 1997 Roberto Morales
(Technology Div.) 143-12 401 St. alarms, access control monitoring, consulting & COO/CFO
(787) 776-2830 / (787) 757-8975 Carolina 00983 systems, GPS technical support
www.genesissecuritypr.com
13/10 All Safe Video Suppliers Inc. CPM Plaza 1,006,862 18 Access control systems, IP Installation, support & 1982 Blanca L. Concepción
(787) 793-5555 / (787) 782-3345 44 Rd. 20, Suite 101 video, security products, fire integration President
www.allsafevideo.com Guaynabo 00966 alarms
14/13 Crowd Control Company Inc. Huyke Urb. 922,000 10 Portable posts, coin & Vault & safe repairs & 1988 Ángel L. Marrero
(787) 754-0834 / (787) 763-9337 370 Fernando Primero St. currency equipment, fireproof maintenance President
www.crowdcontrolcompany.net Hato Rey 00918 files, cabinets, electronic
display & traffic devices
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®

PUERTO RICO’S LARGEST


VALIDATION & REGULATORY COMPLIANCE SERVICES COMPANIES
(Listed According to 2015 Revenue from Validation & Regulatory Compliance Services in P.R.)
Current/ Company Name Physical Address 2015 Revenue $ No. of Main Services Offered Year Top Executive
Previous Telephone/Fax from Validation Full-Time Established Title
Ranking Internet Address & Regulatory Employees in P.R.
Compliance
in P.R.
1/1 Mentor Technical Group Corp. Caguas Real 32,500,000 554 Validation, regulatory compliance, 2000 José Casellas
(787) 743-0897 / (787) 743-0979 100 Alhambra Granada Blvd. calibration, project & construction President
www.mentortg.com Caguas 00726 management, mechanical services,
instrumentation
2/2 Pharma-Bio Serv P.R. Inc. Dorado Ind. Park 17,500,000* 290 Validation, regulatory compliance, 1993 Elizabeth Plaza
(787) 278-2709 / (787) 796-5139 1st St., Lot 14 software development, laboratory Chairwoman
www.pharmabioserv.com Dorado 00646
3/3 Validation & Engineering Group Inc. Centro Intl. de Mercadeo 12,900,000 139 Validation, regulatory compliance, 1997 Ronald Pacheco
(787) 622-0996 / (787) 622-0999 100 Rd. 165, Tower 1, Suite 703 equipment rental Operations Director
www.veg-group.com Guaynabo 00968
4/4 Paciv Inc. 807 Fernández Juncos Ave. 9,350,200 112 Validation, software development, 1997 Jorge L. Rodríguez
(787) 721-5290 / (787) 721-5938 Hato Rey 00917 industrial control systems integration, CEO/President
www.paciv.com automation & instrumentation, regulatory
compliance
5/5 RCM Technologies Inc. Metro Office Park, Suite 320 7,200,000 85 Validation, regulatory compliance, IT, 2004 Carlos Costas
(787) 725-9009 / (787) 725-9008 14 Parkside Plaza Bldg., 2nd St. engineering, software development General Manager
www.rcmt.com Guaynabo 00968
6/7 JC Automation Corp. Los Maestros Urb. 3,800,000 72 Validation, regulatory compliance, 1997 Juan M. Sénquiz
(787) 716-4872 / (787) 716-4871 C-27 D St. automation, IT management, software General Manager
www.jcapr.com Humacao 00791 development
7/8 Integrated Services for Productivity Muñoz Rivera Urb. 3,159,000 32 Validation, regulatory compliance, project 2007 Andrés A. Soto
& Validation Inc. 3A Acuarela St., Suite C management, operations management & Partner
(787) 789-4778 / (787) 789-4778 Guaynabo 00969 productivity consulting, calibration
www.is-pv.com
8/6 Alpharma Integrated Solutions Corp. Bo. Algarrobo 3,000,000 50 Validation, regulatory compliance, 2008 Sara P. Odeh Torres
(787) 903-2993 / (787) 855-6259 4 Rd. 687, Km. 0.7 engineering & technical solutions CEO
www.alpharmapr.com Vega Baja 00693
8/13 Computer Integration Bo. Lavadero 3,000,000 125 Validation, software development 1996 Ramón Cayuela
of Quality Assurance Inc. Hwy. 2, Km. 166.3 President
(787) 892-0516 / (787) 892-0516 Hormigueros 00660
www.ciqa.net
8/9 GVS Inc. Camarero Racetrack 3,000,000 38 Validation, regulatory compliance, 2010 Pedro Avilés Nieves
(787) 886-3863 / Hwy. 3, Km. 15.3 software development, engineering President
www.globalvalidationpr.com Canóvanas 00729
11/11 Escalate Sciences Sabanera Dorado Urb. 2,700,000 37 Validation, regulatory compliance, 2010 Edgar Torres
(787) 930-6535 / (787) 930-8880 370 Camino de las Pomarosas research & development, statistical President
www.escalatesciences.com Dorado 00646 process evaluation, quality risk
management
12/- EB Validation Services 107 Ingeprom Bldg. 2,600,000 35 Validation & regulatory compliance 2002 Edgardo Bonilla
(787) 745-0318 / (787) 745-0028 Rd.189, Km. 2.1 Company Officer
www.ebralser.com Caguas 00725
13/13 Regulatory Compliance AA Bldg. 2,000,000 30 Validation, regulatory compliance, 2003 Osvaldo Carlo Linares
Services Corp. 1509 López Landrón Ave., PH calibration, software development President
(787) 300-6483 / (787) 300-6491 San Juan 00911
www.recomspr.com
14/12 Vantage Consulting Group Bo. Rincón 1,568,483 17 Validation, regulatory compliance, 2009 Claribel Santos
(787) 961-0999 / Rd. 189, Km. 3.1 automation engineering, information Director
www.vantage-cg.com Gurabo 00778 management, quality assurance & control
15/16 LabChemS Corp. Guanajibo Research & 1,500,000 40 Validation, regulatory compliance, 2009 Efraín Rivera
(787) 806-4001 / Innovation Park microbiology & chemistry laboratory, CEO/President
www.labchemscorp.com Rd. 114, Km. 1.3 engineering & outsourcing
Mayagüez 00682
16/10 Skanska USA Building Inc. First Federal Bldg., Suite 1110 1,300,000 27 Validation & regulatory compliance, 2003 Ramón L. Navia
(787) 625-5050 / (787) 625-5100 1519 Ponce de Léon Ave. program & project management Project Executive
www.usa.skanska.com Santurce 00909
17/16 Quaoar Solutions Group Corp. Bo. Cotto Sur, La Grua Sector 1,200,000 4 Validation, regulatory compliance, general 2002 Luis R. Centeno
(787) 884-6544 / (787) 854-4138 Rd. 670, Km. 2.7 contracting, software development, President
www.qsgcorp.com Manatí 00674 construction
18/18 Rebexa Group Inc. Bo. Algarrobos 800,000 7 Regulatory compliance 2007 Arnaldo Hernández
(787) 265-7002 / 605 Rd. 104 President
www.rebexa.com Mayagüez 00682
19/- Pharma Consulting Corp. HL 5 Amalia Paoli Ave. 500,000 11 Validation, design & installation of 2003 Charil Pabón
(787) 784-9599 / Secc. 7 laboratory furniture President
www.pharmapcc.com Toa Baja 00949
* CARIBBEAN BUSINESS estimate
Number of full-time employees is for Puerto Rico only & includes part-time employees where applicable (every two part-time employees = one full-time employee).
Revenue figure corresponds to validation & regulatory compliance related services. Companies may generate revenue from other sources.
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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Tourism
& Leisure
Auto Rental Companies 186

Convention & Meeting Facilities 188

Hotels 190

Marinas 192

Paradores 193

Passenger Airlines 194

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As Ranked by ®
PUERTO RICO’S MAIN AUTO RENTAL COMPANIES
(Listed According to Number of Full-Time Employees as of August 2016)
Current/ Company Name Physical Address No. of No. of Main Brands Offered Types of Autos Other Vehicles Year Top Executive
Previous Telephone/Fax Full-Time Locations Offered Offered Est. Title(s)
Ranking Internet Address Employees in P.R. in

Hybrid/Electric
P.R.

Convertible

Motorcycle
Economy
Compact
Full-Size

Exoctic
Luxury

Other
Truck
SUV
Van
1/2 Avis Budget Group Los Ángeles Urb. 177 20 Nissan, Chrysler, Kia, X X X X - X X X - - - - 1963 Luis A. Mainardi
(787) 253-5900 / 66 Acuario St. Hyundai, Ford, Toyota, General Manager
www.avis.com Carolina 00979 Jeep, Dodge, Mitsubishi,
Mercedes Benz, BMW
1/1 Enterprise Holdings 2484 Celestial St. 177* 21 Ford, Nissan, Toyota, X X X X - X X X X - - - 2006 Bryan Taylor
(884) 874-6751 / (888) 836-3420 Carolina 00979 Kia, Hyundai, Mazda, Vice President/
www.enterpriseholdings.com Infiniti, Chrysler, Jeep General Manager
3/4 Allied Car & Truck Rental 10200 Celestial St. 94 7 Hyundai, Toyota, Kia, X X X X - X X X X X X X 1983 Rhamses Carazo
(787) 726-7350 / (787) 727-2438 Carolina 00979 Chrysler, Jeep. Ford, President
www.alliedcarrentalpr.com Nissan, Honda, Audi,
Chevrolet, Porsche
4/3 Hertz Caribbean Airport Facility 74 5 Toyota, Ford, Chrysler, X X X X - X X - - - - - 1954 Juan Ramos
(787) 791-0808 / (787) 791-6384 15 Sector Central Chevrolet, Cadillac, Kia Area Manager
www.hertz.com Carolina 00979
5/5 Target Rent A Car 1503 F.D. Roosevelt Ave. 73 9 Ford, Toyota, Nissan, X X X X - X X X X - - - 1964 Enrique Blanco
(787) 783-9901 / (787) 781-6413 San Juan 00922 Kia, Hyundai President
www.targetrentacar.com
6/- Thrifty Car Rental 10030 Los Ángeles Marginal 54 7 Hyundai, Kia, Ford, X X X X - - X X - - - - 1991 Nixon Pérez
(787) 253-2525 / (787) 791-3065 Carolina 00979 Chrysler, Toyota, GM, President
www.thriftypr.com Honda, Jeep, Mitsubishi
7/6 Charlie Car Rental 6050 Isla Verde Ave. 45 5 Hyundai, Kia, Ford, X X X - - X X X - - - - 1983 José Martínez
(787) 728-2418 / (787) 727-2320 Carolina 00984 Chrysler, Nissan President
www.charliecarrentalpr.com
8/7 Popular Auto LLC 153 Ponce de León Ave. 43 7 Kia, Ford, Hyundai, X X X X - X X X X - - - 1987 Antolín Velasco
(787) 763-4848 / (787) 758-8726 Hato Rey 00920 Nissan, Lincoln, Jeep, President
www.popularautorentals.com Dodge
9/8 Cabrera Car & Truck Rental A15 Los Ángeles Marginal 30 5 Nissan, Kia, Ford, X X X X X X X X X - - - 1995 Juan A. Colón
(787) 791-4444 / (787) 791-7794 Carolina 00979 Chrysler, Chevrolet, President
www.cabreracarrentalpr.com Mercedes Benz
10/9 Carlos Jeep Rental Inc. Clark Sector 20 3 Jeep, Dodge, Ford, - - - - - - - X - - X X 2002 José C. Cortés
(787) 742-3514 / (787) 742-0484 Rd. 250, Lot 2 E-Z Go (golf carts) President
www.carlosjeeprental.com Culebra 00775
11/- Vias Car Rental Costa de Oro Urb. 10 3 Ford, Dodge, Jeep, - X X X - - X X - - - - 1990 Rafael Durand
(787) 796-6404 / (787) 796-7228 Rd. 693, C2 Marginal St. Hyundai President
www.viascarrental.com Dorado 00646
* CARIBBEAN BUSINESS estimate. Includes Enterprise Rent-A-Car, Alamo Rent-A-Car & National Car Rental.
Auto brands available may vary through the year.
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Ayleen Anqueira Rivera
Copyright © 2017 CARIBBEAN BUSINESS

186 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST CONVENTION & MEETING FACILITIES
(Listed According to Total Square Feet Area of all Meeting Rooms as of July 2016)
Current/ Facility Name Total Area Smallest/ No. of Maximum Exhibit No. of Parking Services & Top Executive
Previous Location of all Largest Meeting Banquet Area Guest Capacity Equipment Offered Title
Ranking Internet Address Meeting Meeting Rooms Seating (Sq. Ft.) Rooms Telephone/Fax

Audiovisual Equipment
Rooms Room Capacity
(Sq. Ft.) Area

Secretarial Services
(Sq. Ft.)

Executive Center
Fax Machines
Computers
Catering
1/1 Puerto Rico Convention Center * 285,000 400 36 7,560 153,000 - 3,665 X - X X X X Jorge L. Pérez
San Juan 153,000 General Manager
www.prconvention.com (787) 641-7722 / (787) 300-6736
2/2 El Conquistador Resort & Las Casitas 100,000 439 35 1,400 33,718 984 555 X - - X X X Dermot Connolly
Village, A Waldorf Astoria Resort 21,000 Managing Director
Fajardo (787) 863-1000 / (787) 863-6550
www.elconresort.com
3/3 Caribe Hilton 65,952 165 28 1,000 12,000 562 414 X - - X X X Pablo Torres
San Juan 12,624 General Manager
www.caribehilton.com (787) 721-0303 / (787) 722-0048
4/6 The Condado Plaza Hilton 53,000 420 19 1,000 12,000 572 527 X X - X X X Sharyl Toko
San Juan 12,000 General Manager
www.condadoplaza.com (787) 721-1000 / (787) 722-1897
5/4 Wyndham Grand Río Mar Beach 48,000 300 24 1,100 15,000 598 2,000 X - X X - X Amaury Piedra
Resort & Spa 20,900 General Manager
Río Grande (787) 888-6000 / (787) 888-6266
www.wyndhamriomar.com
6/5 Gran Meliá Golf Resort Puerto Rico 41,208 560 15 700 N/P 550 541 X - - X X X Jaime Piedras
Río Grande 11,946 General Manager
www.granmeliapr.com (787) 657-1040 / (787) 809-1785
7/7 The Ritz-Carlton, San Juan 40,000 264 10 740 6,000 416 770 X - X X X X Jacqueline Volkart
Carolina 12,000 General Manager
www.ritzcarlton.com/sanjuan (787) 253-1700 / (787) 253-1777
8/8 Sheraton Puerto Rico Hotel & Casino 35,000 688 22 3,466 30,000 503 N/P X - X X X X Sam Basu
San Juan 16,289 General Manager
www.sheratonpuertoricohc.com (787) 993-3500 / (787) 993-3505
9/10 Costa Bahía Hotel & Convention 33,000 399 11 1,000 N/P 166 800 X - X - X X Jessica M. Emmanuelli
Center 27,000 General Manager
Guayanilla (787) 835-3335 / (787) 927-0012
www.costabahiahotel.com

FEEL
THE
CITY
The ideal urban hotel for tourists aiming
to explore the city and business travelers
attending meetings and events in the
nearby venues of San Juan

T. 787.721.9010
reservations@thewavehotel.com
E-mail: reservations@thewavehotel.com
Web: www.thewavehotel.com

thewavehotelcondado

thewavehotelcondado

Twitter: the_wave_hotel

188 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST CONVENTION & MEETING FACILITIES


(Listed According to Total Square Feet Area of all Meeting Rooms as of July 2016)
Current/ Facility Name Total Area Smallest/ No. of Maximum Exhibit No. of Parking Services & Top Executive
Previous Location of all Largest Meeting Banquet Area Guest Capacity Equipment Offered Title
Ranking Internet Address Meeting Meeting Rooms Seating (Sq. Ft.) Rooms Telephone/Fax

Audiovisual Equipment
Rooms Room Capacity
(Sq. Ft.) Area

Secretarial Services
(Sq. Ft.)

Executive Center
Fax Machines
Computers
Catering
10/11 Condado Vanderbilt Hotel 26,000 171 8 560 10,340 319 300 X - X X X X Militza Orama
San Juan 8,100 Director/Sales Manager
www.condadovanderbilt.com (787) 721-5500 / (787) 751-1919
11/14 Hilton Ponce Golf & Casino Resort 24,294 138 18 1,140 6,240 255 600 X X X X X X Gunther Mainka
Ponce 11,963 General Manager
www.ponce.hilton.com (787) 259-7676 / (787) 259-7674
12/15 InterContinental San Juan 24,000 450 17 500 24,000 368 350 X - X X X X Michael Herrmann
Carolina 5,500 General Manager
www.icsanjuan.com (787) 791-6100 / (787) 253-2510
13/13 Embassy Suites by Hilton 22,000 1,120 10 600 2,760 174 560 X - X X X X Marisol Colón
Dorado del Mar Beach Resort 8,369 General Manager
Dorado (787) 796-6125 / (787) 796-6145
www.doradodelmar.embassysuites.com
14/12 La Concha, A Renaissance Resort 18,700 440 6 600 2,660 483 515 X - X X X X Peter Hopgood
San Juan 8,500 Marketing Manager
www.laconcharesort.com (787) 721-7500 / (787) 977-4053
15/16 Mayagüez Resort & Casino 17,404 650 7 560 12,904 140 650 X X - X X X Santos Alonso Maldonado
Mayaguez 12,604 CEO
www.mayaguezresort.com (787) 832-3030 / (787) 834-3475
16/17 Coco Río 17,000 8,000 2 1,000 17,000 - 200 X X - - - X Yolanda Carlo
Luquillo 9,600 Owner
www.cocoriopr.com (787) 889-7430 / (787) 889-7471
17/18 Verdanza Hotel 16,000 250 13 275 17,000 222 N/P X - X - X X Liana Ondina
Carolina 4,000 Marketing Director
www.verdanzahotel.com (787) 253-9000 / (787) 253-9007
18/19 San Juan Marriott Resort 14,283 600 12 500 1,500 527 908 X - - X X X José González Espinoza
& Stellaris Casino 7,000 General Manager
San Juan (787) 722-7000 / (787) 722-6800
www.marriottsanjuan.com
19/20 Parque Kofresí 14,000 6,200 3 800 N/P - 800 X X X X X X Ramón Figueroa
Gurabo 12,506 General Manager
www.kofresipr.com (787) 258-8053 / (787) 745-4995
20/21 Centro de Convenciones El Señorial 13,158 2,150 4 1,200 - - 200 - - - - - X José Pérez
Ponce 4,300 President
(787) 842-1320 / (787) 841-3988
21/22 Caparra Country Club 12,599 1,031 4 400 - - 204 - - - X - X José Arroyo
Guaynabo 8,950 General Manager
www.caparracountryclub.com (787) 783-5286 / (787) 749-9877
22/23 Embassy Suites San Juan 12,000 2,312 9 525 2,208 310 292 X - - X X X Tom Potter
Hotel & Casino 4,370 Sr. Vice President Operations
Carolina Latin America & Caribbean
www.sanjuan.embassysuites.com (787) 791-0505 / (787) 791-7776
23/- Antiguo Casino de Puerto Rico ** 10,470 1,504 3 300 N/P - N/P - - - - - X Jorge L. Pérez
San Juan 8,966 General Manager
www.prconvention.com (787) 641-7722 / (787) 300-6736
24/- Sheraton Old San Juan Hotel 9,114 286 9 180 1,200 240 N/P - - - - X X Larry Vitale
San Juan 2,695 General Manager
www.sheratonoldsanjuan.com (787) 721-5100 / (787) 721-1111
* Total area of all meeting rooms plus all common areas is 580,000 sq. ft. El San Juan Resort & Casino, ranked No. 8 last year, closed operations temporarily due to expansion and renovation.
** Total area of all meeting rooms plus all common areas is 48,606 sq. ft. Unless otherwise noted, all information was provided by the companies.
N/P - Not Provided Research by Ayleen Anqueira Rivera Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®
PUERTO RICO’S LARGEST HOTELS
(Listed According to Number of Guest Rooms as of July 2016)
Current/ Hotel Name Physical Address No. of Casino No. of No. of Main Amenities Year Top Executive
Previous Telephone/Fax Guest Area Restaurants Full-Time Est. Title
Ranking Internet Address Rooms (in Sq. Ft.) Employees in PR
1/1 El Conquistador Resort & Las 1000 El Conquistador Ave. 984 - 23 1,200 Convention rooms, fitness center, 1962 Dermot Connolly
Casitas Village, A Waldorf Fajardo 00738 tennis courts, watersports, pool, Managing Director
Astoria Resort beachfront, golf course, spa, water
(787) 863-1000 / (787) 863-6500 park, private island
www.elconresort.com
2/3 Wyndham Grand Río Mar Beach 6000 Río Mar Blvd. 598 7,000 6 N/P Convention rooms, fitness center, 1996 Amaury Piedra
Resort & Spa Río Grande 00745 tennis courts, watersports, pool, General Manager
(787) 888-6000 / (787) 888-6266 beachfront, golf course, spa
www.wyndhamriomar.com
3/4 The Condado Plaza Hilton 999 Ashford Ave. 572 - 6 355 Convention rooms, fitness center, 1963 Sharyl Toko
(787) 721-1000 / (787) 722-1897 Condado 00907 tennis courts, watersports, General Manager
www.condadoplaza.com beachfront, pool
4/2 Caribe Hilton 1 San Gerónimo St. 562 - 9 505 Convention rooms, fitness center, 1949 Pablo Torres
(787) 721-0303 / (787) 722-0048 San Juan 00901 tennis courts, watersports, pool, General Manager
www.caribehilton.com beachfront, spa
5/5 Gran Meliá Golf Resort 200 Coco Beach Blvd. 550 - 7 N/P Convention rooms, fitness center, 2004 Jaime Piedras
Puerto Rico Rd.955-1 tennis courts, beachfront, pool, golf General Manager
(787) 657-1051 / (787) 809-1785 Río Grande 00745 course, watersports, spa
www.granmeliapr.com
6/6 San Juan Marriott Resort 1309 Ashford Ave. 527 13,000 3 592 Convention rooms, fitness center, 1995 José González
& Stellaris Casino Condado 00907 tennis courts, beachfront, pool, spa Espinoza
(787) 722-7000 / (787) 722-6800 General Manager
www.marriottsanjuan.com
7/7 Sheraton Puerto Rico 200 Convention Center Blvd. 503 20,000 6 254 Convention rooms, fitness center, 2009 Sam Basu
Hotel & Casino Condado 00907 spa, pool, pet-friendly General Manager
(787) 993-3500 / (787) 993-3505
www.sheratonpuertoricohc.com
8/8 La Concha, A Renaissance Resort 1077 Ashford Ave. 483 14,000 6 N/P Convention rooms, fitness center, 2007 Peter Hopgood
(787) 721-7500 / (787) 977-4053 Condado 00907 beachfront, pool Marketing Manager
www.laconcharesort.com
9/9 The Ritz-Carlton, San Juan 6961 Los Gobernadores Ave. 416 20,000 5 927 Convention rooms, fitness center, 1997 Jacqueline Volkart
(787) 253-1700 / (787) 253-1777 Carolina 00979 tennis courts, beachfront, pool, spa General Manager
www.ritzcarlton.com/sanjuan
10/10 InterContinental San Juan 5961 Isla Verde Ave. 368 - 6 N/P Convention rooms, fitness center, 2000 Michael Herrmann
(787) 791-6100 / (787) 253-2510 Carolina 00979 beachfront, spa, pool General Manager
www.icsanjuan.com
11/12 Condado Vanderbilt Hotel 1055 Ashford Ave. 319 - 3 414 Convention rooms, fitness center, 2014 Militza Orama
(787) 721-5500 / (787) 751-1919 Condado 00907 spa, pet-friendly, beachfront, pool Director/Sales
www.condadovanderbilt.com Manager
12/13 Embassy Suites by Hilton 8000 Tartak St. 310 7,500 3 217 Convention rooms, fitness center, 1996 Tom Potter
San Juan Hotel & Casino Carolina 00979 pool, spa Sr. VP Operations
(787) 791-0505 / (787) 791-7776 Latin America &
www.sanjuan.embassysuites.com Caribbean
13/14 Courtyard by Marriott Isla 7012 Rd. 187 260 14,000 5 N/P Convention rooms, fitness center, 2003 José Padín
Verde Beach Resort Carolina 00979 beachfront, pool, watersports General Manager
(787) 791-0404 / (787) 791-1460
www.sjcourtyard.com

LIVE
The pleasure of living unforgettable days at Gran Meliá
Puerto Rico is a luxury where all the amenities of comfort
and enjoyment, the natural beauty, the refinement of its
architecture, the exquisite cuisine, and the ocean merge
into a simply extraordinary experience.

THE BEAUTY OF PUERTO RICO.

For reservations 787-657-1040 • www.EscapateAGranMelia.com


Follow us on: /GranMeliaPuertoRico @GMelia_PR

GOLF RESORT
PUERTO RICO

RÍO GRANDE

190 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST HOTELS
(Listed According to Number of Guest Rooms as of July 2016)
Current/ Hotel Name Physical Address No. of Casino No. of No. of Main Amenities Year Top Executive
Previous Telephone/Fax Guest Area Restaurants Full-Time Est. Title
Ranking Internet Address Rooms (in Sq. Ft.) Employees in PR
14/15 Hilton Ponce Golf & Casino Resort 1150 Caribe Ave. 255 12,929 4 361 Convention rooms, fitness center, 1992 Gunther Mainka
(787) 259-7676 / (787) 259-7674 Suite 201 tennis courts, watersports, General Manager
www.ponce.hilton.com Ponce 00716 beachfront, golf course, pool
15/16 Sheraton Old San Juan Hotel 100 Brumbaugh St. 240 - 1 136 Convention rooms, fitness center, 2004 Larry Vitale
(787) 721-5100 / (787) 721-1111 San Juan 00901 pool, pet-friendly General Manager
www.sheratonoldsanjuan.com
16/17 Verdanza Hotel 8020 Tartak St. 222 - 3 55 Convention rooms, fitness center, 2009 Liana Ondina
(787) 253-9000 / (787) 253-9007 Carolina 00979 pool, pet-friendly, spray park Marketing Manager
www.verdanzahotel.com
17/18 Hampton Inn & Suites 6530 Isla Verde Ave. 201 - 1 60 Fitness center, convention rooms, 1997 Michael García
San Juan by Hilton Carolina 00979 pool General Manager
(787) 791-8777 / (787) 791-5780
www.sanjuansuites.hamptoninn.com
18/19 DoubleTree by Hilton San Juan 105 José de Diego Ave. 184 - 4 126 Convention rooms, fitness center, 1957 Yodil M. Cabán
at Gallery Plaza Santurce 00911 spa, pool, beach club, bicycles General Manager
(787) 721-1200 / (787) 721-3118
www.sanjuandoubletree.com
19/20 Embassy Suites by Hilton 201 Dorado del Mar Blvd. 174 - 2 136 Convention rooms, fitness center, 2001 Marisol Colón
Dorado del Mar Beach Resort Dorado 00646 pool, watersports, beachfront General Manager
(787) 796-6125 / (787) 796-6145
www.doradodelmar.embassysuites.com
20/- Costa Bahía Hotel Rd. 127, Km. 8.6 166 - 2 42 Convention rooms, fitness center, 2015 Jessica M. Emmanuelli
& Convention Center Exit 205 pool, cinema area General Manager
(787) 835-3335 / (787) 927-0012 Guayanilla 00656
www.costabahiahotel.com
21/22 Hyatt Place San Juan/Bayamón 1560 Comerío Ave. 156 11,000 1 45 Convention rooms, fitness center, 2013 Francisco Mariani
(787) 779-5000 / (787) 779-5100 Bayamón 00961 pool, pet-friendly Area Director of
www.bayamon.place.hyatt.com Operations
21/22 W Retreat & Spa - Vieques Island Rd. 200, Km. 3.2 156 - 4 N/P Convention rooms, fitness center, 2010 Bahía Husband
(787) 741-4100 / (787) 741-4210 Vieques 00765 tennis courts, watersports, spa, Sales & Marketing
www.wvieques.com beachfront, pool, pet-friendly Director
N/P - Not Provided Unless otherwise noted, all information was provided by the hotels.
El San Juan Resort & Casino, ranked No. 11 last year, closed operations temporarily due to expansion and renovation. Research by Ayleen Anqueira Rivera
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee). Copyright © 2017 CARIBBEAN BUSINESS

OUR SERVICE MAKES THE DIFFERENCE


• Conveniently located in the Heart of Condado
• Over 1,200 sq-ft. of indoor & outdoor events & meetings facilities
• Morning coffee station at the Lobby
• On site restaurants: Café Pierre, Silk, Fahrenheit Pizza and Starbucks
• DoubleTree by Hilton™ WiFi service & 24-hour Business Center
• Earn Hilton HHonors™ points with every stay or event

Reserve today: 787.721.6500 | sales@sjdoubletree.com | SanJuanDoubleTree.com

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 191

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As Ranked by ®
PUERTO RICO’S LARGEST MARINAS
(Listed According to Total Capacity as of June 2016)
Current/ Company Name Physical Address Total No. of No. of No. of No. of Available Facilities Top Executive
Previous Telephone/Fax Capacity Wet Dry Land Megayacht Title
Ranking Internet/Email Address Slips Stack Spaces Spaces
Spaces
1/1 Marina Puerto del Rey 4900 Hwy. 3 1,852 953 471 416 12 Fuel, restaurant, waste retrieval, water, Carolina Corral
(787) 860-1000 / (787) 863-5253 Fajardo 00738 bathrooms, boat ramp, triphase current, Executive Director
www.puertodelrey.com Wi-Fi, cable TV, laundromat, groceries &
supplies store
2/2 Villa Marina Yacht Harbour Inc. Bo. Sardinera 1,000 300 700 - - Fuel, restaurant, water, boat yard, Wi-Fi, Wilfredo Nieves
(787) 863-5131 / (787) 860-6320 Rd. 987, Km. 1.3 bathrooms, boat ramp, groceries & supplies Manager
www.villamarinapr.com Fajardo 00738 store
3/3 Marina Puerto Chico Inc. Bo. Sardinera 651 274 377 - - Fuel, restaurant, waste retrieval, water, Giuseppe Cicatelli
(787) 863-0834 / (787) 860-3721 Rd. 987, Km. 2.4 cable TV, bathrooms, triphase current, ice President
www.marinapuertochico.com Fajardo 00738 machine
4/4 Sunbay Marina Inc. Bo. Sardinera 382 286 96 - - Fuel, waste retrieval, water, cable TV, Olga Díaz Santiago
(787) 863-0313 / (787) 863-5282 Parcelas Beltrán bathrooms, triphase current, Wi-Fi, Administrator
www.sunbaymarina.com Fajardo 00738 laundromat, supplies
5/8 Club Náutico de Guayama Inc. Bo. Pozuelo 362 62 - 300 - Fuel, water, bathrooms, boat ramp, Ralph Quiles
(787) 866-3162 / (787) 866-3162 Rd. 7710 restaurant, waste retrieval, groceries & Commodore
socios.cng@gmail.com Guayama 00784 supplies store
6/5 Cangrejos Yacht Club Bo. Boca de Cangrejos 344 224 - 120 - Fuel, restaurant, bathrooms, water, boat José Tavárez
(787) 791-1015 / (787) 791-1057 Rd. 187, Km. 3 ramp, waste retrieval Commodore
www.cangrejosyachtclub.com Carolina 00979
7/6 The Yacht Club LLC 370 Harbour Drive 262 138 94 10 20 Fuel, water, restaurant, bathrooms, cable Juan J. Boschetti
(787) 656-7300 / (787) 656-9111 Humacao 00791 TV, groceries & supplies store, triphase General Manager
www.theyachtclubmarina.com current, waste retrieval, boat ramp, pool,
laundromat, storage & office space
8/7 Ponce Yacht & Fishing Club Inc. 3631 Paseo La Guancha 249 169 - 80 3 Fuel, water, restaurant, bathrooms, boat Candido J. Pou Rivas
(787) 842-9003 / (787) 844-1300 Ponce 00716 ramp, triphase current, meeting facility, Administrator
www.ponceyachtandfishingclub.com groceries & supplies store
9/9 Inversiones Isleta Marina Inc. Playa Puerto Real 197 191 - - 6 Restaurant, water, triphase current, Alberto L. Trigo Cordova
(787) 643-2180 / Isleta Marina, Pescador St. bathrooms, groceries & supplies store, Consultant
inversionesisletamarina@yahoo.com Fajardo 00738 waste retrieval
10/10 San Juan Bay Marina 482 Fernández Juncos Ave. 165 125 35 - 5 Fuel, water, bathrooms, restaurant, triphase Maritza Carde
(787) 721-8062 / (787) 721-3127 Stop 10.5 current, waste retrieval, Wi-Fi, groceries & Marina Manager
www.sjbaymarina.com San Juan 00901 supplies store
11/14 Club Náutico de Arecibo Inc. Bo. Islote 149 89 - 50 - Fuel, water, bathrooms, boat ramp, cable Ervin Sánchez del Toro
(787) 878-8465 / (787) 880-8465 Rd. 681, Km. 1.4 TV, restaurant, triphase current, Wi-Fi, Commodore
nauticoarecibo@yahoo.com Arecibo 00612 groceries & supplies store
12/11 Sea Lovers Marina Bo. Sardinera 145 145 - - - Water, bathrooms, waste retrieval, BBQ Richard Vito
(787) 863-3762 / Rd. 987, Km. 2.3 area Owner
Fajardo 00738
13/12 Club Deportivo del Oeste Inc. Bo. Joyuda 138 63 - 75 - Restaurant, water, bathrooms, gym, pool, Omar Muñiz
(787) 851-8880 / (787) 255-6820 Rd. 102, Km. 2.3 waste retrieval, boat ramp, triphase current, Administrator
www.clubdeportivodeloeste.com Cabo Rojo 00623 golf course
14/13 Club Náutico de San Juan Inc. 480 Fernández Juncos Ave. 122 117 - - 5 Fuel, water, triphase current, restaurant, Alberto Gual
(787) 722-0177 / (787) 724-8059 Stop 9.5 bathrooms, waste retrieval, Wi-Fi, groceries Commodore
www.nauticodesanjuan.com San Juan 00901 & supplies store
15/17 Marina Pescadería Bo. Puerto Real 119 97 - 20 2 Fuel, water, bathrooms, restaurant, waste José A. Méndez
(787) 717-3638 / (787) 851-6010 Rd. 308, Km. 4.0 retrieval, boat ramp, groceries & supplies President
www.marinapescaderia.com Cabo Rojo 00623 store
16/15 Club Náutico de Boquerón Inc. 58 De Diego St. 106 106 - - - Restaurant, water, bathrooms, boat ramp Elvin H. Camacho
(787) 851-1336 / (787) 255-7335 Boquerón 00622 Commodore
clubnauticoboqueronpr@yahoo.com
17/16 Marina de Salinas Inc. Bo. Playa 103 103 - - - Fuel, water, restaurant, bathrooms, boat Lynne Arce
(787) 752-8484 / (787) 768-7676 G-8 Chapín St. ramp, pool, laundromat, kayaks, guest rooms President
www.marinadesalinas.com Salinas 00751
18/18 Club Náutico de La Parguera Inc. Rd. 304, Km. 2.7 62 62 - - - Fuel, water, bathrooms, Wi-Fi, restaurant, Carlos X. Acosta Franco
(787) 899-5590 / (787) 986-9503 La Parguera waste retrieval Commodore
nauticop@coqui.net Lajas 00667
Total capacity includes wet slips, dry stacks and land space for boats.
Megayacht refers to vessels more than 100 feet long.
Unless otherwise noted, all information was provided by the marinas.
Research by Ayleen Anqueira Rivera
Copyright © 2017 CARIBBEAN BUSINESS

192 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®
PUERTO RICO’S LARGEST PARADORES
(Listed According to Number of Guest Rooms as of August 2016)
Current/ Parador Name Physical Address No. of Standard Beachfront Main Amenities Year Top Executive
Previous Telephone/Fax Guest Rate Range Established Title
Ranking Internet Address Rooms (Per Night) in P.R.
1/1 Parador Boquemar Bo. Boquerón 75 $107-$133 No Restaurant, swimming pool, Internet, 1973 Freddie Rodríguez
(787) 851-2158 / (787) 851-7600 Rd. 101, Gil Bouyet St. meeting rooms President
www.boquemar.com Boquerón 00622
2/2 Parador El Faro Bo. Borinquen 74 $75-$115 No Restaurant, swimming pool, meeting 1991 Néstor Ruiz
(787) 882-8000 / (787) 882-1030 Rd. 107, Km. 2.1 rooms, basketball & tennis courts, President
www.ihppr.com Aguadilla 00603 laundromat
2/2 Parador Villa Parguera Bo. La Parguera 74 $100-$110* Yes Restaurant, swimming pool, meeting 1969 Julio E. Pancorbo
(787) 899-7777 / (787) 899-6040 Rd. 304, Km. 3.3 rooms President
www.villaparguerapr.com Lajas 00667
4/4 Parador Villa Antonio Rd. 115, Km. 12.3 61 $125-$180 Yes Restaurant, swimming pool, basketball 1968 Héctor Ruiz
(787) 823-2645 / (787) 823-3380 Rincón 00677 court, laundromat, Internet, game Vice President
www.paradorvillaantonio.com room, kids playground, meeting
rooms, souvenir shop
5/5 Parador MaunaCaribe Bo. Emajagua 52 $102 Yes Restaurant, swimming pool, meeting 2009 Juan López Molina
(787) 861-3330 / (787) 861-3326 Rd. 901, Km. 12.5 rooms, gym, game room President
www.tropicalinnspr.com Maunabo 00707
6/7 Parador El Buen Café Bo. Carrizales 49 $110 No Restaurant, cocktail lounge, swimming 1980 Héctor Martínez
(787) 898-1000 / 381 Hwy. 2, Km. 84 pool, meeting rooms, laundromat Owner
www.paradorelbuencafe.com Hatillo 00659
7/8 Parador Combate Beach Combate Beach 48 $109-$226 Yes Restaurant, swimming pool, meeting 2011 Tómas Ramírez
(787) 254-2358 / (787) 357-7600 Rd. 3301, Km. 2.7 rooms, basketball & volleyball courts, President
www.combatebeach.com Cabo Rojo 00622 souvenir shop, Internet
8/9 Parador Villas Del Mar Hau Montones Beach 45 $109-$240 Yes Restaurant, swimming pool, tennis, 1980 Myrna E. Hau
(787) 872-2045 / (787) 830-2654 Rd. 466, Km. 8.3 basketball & volleyball courts, Owner
www.paradorvillasdelmarhau.com Isabela 00662 Internet, souvenir shop, laundromat
9/10 Parador Villas Sotomayor Bo. Garzas 35 $113-$250 No Restaurant, swimming pool, meeting 1998 Jesús R. Ramos
(787) 829-1717 / (787) 829-5105 Rds. 123 & 522 rooms, tennis, basketball & volleyball General Manager
www.paradorvillassotomayor.com Adjuntas 00601 courts, Internet, game room, pet-
friendly, horseback riding
10/11 Parador Palmas de Lucía Bo. Camino Nuevo 34 $102 No Restaurant, swimming pool, gym, 1996 Juan López Molina
(787) 893-4423 / (787) 893-0291 Rds. 901 & 9911, La Playa beach volleyball & basketball court, President
www.tropicalinnspr.com Yabucoa 00767 game room, laundromat
11/12 Parador Guánica 1929 Ensenada Sector 27 $102 No Restaurant, swimming pool, meeting 2004 Juan López Molina
(787) 821-0099 / (787) 821-1842 Rds. 116 & 3116 rooms, laundromat, kids playground, President
www.tropicalinnspr.com Guánica 00647 gym
12/13 Parador Costa del Mar El Negro Sector 16 $102 No Swimming pool, basketball court, gym 2002 Juan López Molina
(787) 266-6276 / (787) 893-6374 Rd. 901, Km. 5.6 President
www.tropicalinnspr.com Yabucoa 00707
13/14 Parador Yunque Mar Bo. Fortuna 15 $110 Yes Swimming pool, souvenir shop 2004 Edgardo Ferrer
(787) 889-5555 / 6 1 St. Owner
www.yunquemar.com Luquillo 00773
14/15 Parador Turtle Bay Inn Bo. La Parguera 13 $100-$145 No Swimming pool, souvenir shop, 2009 Zulma Rivera
(787) 899-6633 / (787) 899-6633 153 6 St. Internet, laundromat, meeting rooms, General Manager
www.turtlebayinn.com Lajas 00667 pool bar
* Weekend rate range is $422-$432
All Paradores are endorsed by Puerto Rico Tourism Company as of August 2016.
Rates may not include room tax and are subject to change without notice.
Unless otherwise noted, all information was provided by the paradores and/or their websites.
Research by Ayleen Anqueira Rivera
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 193

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As Ranked by ®

PUERTO RICO’S LARGEST


PASSENGER AIRLINES SERVING LUIS MUÑOZ MARIN INTERNATIONAL AIRPORT
(Listed According to Total Passenger Movement for Fiscal Year 2015)
Current/ Airline Name Total Total Percent Direct Flights and Year Top Executive
Previous Physical Address Passengers Passengers Change (Connecting Flights) Established Title(s)
Ranking in FY 2015 in FY 2014 in P.R. Telephone/Fax
Internet Address
1/1 JetBlue Airways 3,134,585 3,087,236 1.5% New York, NY; Boston, MA; Washington, D.C.; 2002 Héctor Camacho
LMM Intl. Airport Chicago, IL; Newark, NJ; Los Angeles, CA; Ft. General Manager
Terminal A Lauderdale, Orlando, Tampa, Jacksonville, FL; Santo (787) 253-3300 / (787) 253-4291
Carolina 00979 Domingo, Punta Cana, Santiago, DR; St. Maarten; St. www.jetblue.com
Croix, St. Thomas, USVI; Cuba (US, Latin America,
Caribbean)
2/2 American Airlines Inc. 2,011,603* 1,366,832 47.2% New York, NY; Chicago, IL; Dallas, TX; Miami, FL 1986 José Rucabado
LMM Intl. Airport (Worldwide) General Manager
Carolina 00979 (787) 253-6612 / (787) 253-6695
www.aa.com
3/3 Delta Air Lines Inc. 1,019,982 955,937 6.7% Atlanta, GA; New York, NY; Minneapolis, MN; 1953 Cristian Hernández
LMM Intl. Airport Detroit, MI Sales & Marketing Manager
Carolina 00979 (Worldwide) (787) 710-2301 /
www.delta.com
4/4 Southwest Airlines 950,527 762,847 24.6% Ft. Lauderdale, Orlando, Tampa, FL; Baltimore, MD; 2013 Anita Santiago
LMM Intl. Airport Houston, TX (US, Latin America, Caribbean) Airport Station Manager
Terminal D (787) 522-3810 /
Carolina 00979 www.southwest.com/vamonos
5/5 United Airlines 700,721 500,576 40.0% Chicago, IL; Washington, D.C.; Newark, NJ; Houston, 1991 Orlando Cordova
LMM Intl. Airport TX; Cleveland, OH General Manager
Terminal B (Worldwide) (787) 622-7366 / (787) 622-7350
Carolina 00979 www.united.com
6/- Seaborne Airlines 247,333 230,266 7.4% St. Thomas, St. Croix, USVI; Tortola, Nevis, Beef - Gary Foss
268 Muñoz Rivera Ave. Island, BVI; St. Kitts; St. Maarten; Santo Domingo, DR CEO/President
World Plaza Bldg., Suite 900 (787) 946-7800 /
Hato Rey 00918 www.seaborneairlines.com
7/6 Spirit Airlines Inc. 211,075 184,424 14.5% Ft. Lauderdale, Orlando, FL 2002 Rosalba Cancel
LMM Intl. Airport (US, Latin America, Caribbean) General Manager
Terminal D (787) 253-0770 / (787) 253-0766
Carolina 00979 www.spirit.com
8/7 Cape Air 145,451 184,454 -21.1% Mayagüez, Culebra, Vieques, PR; St. Thomas, St. Croix, 1998 Roberto Falcón
LMM Intl. Airport USVI; Tortola, Virgin Gorda, BVI Caribbean Regional Director
Terminal B (787) 253-1121 /
Carolina 00979 www.capeair.com
9/8 Copa Airlines 139,845 136,228 2.7% Panama 1980 Héctor R. Busquets
Millenium Park Plaza (US, Caribbean, North, South & Central America) General Manager
15 2nd. St., Suite 102 (787) 722-6999 / (787) 722-8126
Guaynabo 00968 www.copaair.com
* Includes affilate US Airways.
Direct flights may stop en route, but passengers do not change planes.
Source for passenger movement: 2015 Aerostar Airport Holdings LLC. All other information was provided by the airlines or obtained from their websites.
Research by Ayleen Anqueira Rivera
Copyright © 2017 CARIBBEAN BUSINESS

194 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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BOL_195.indd 195 2/7/17 5:37:44 PM
BOL_196.indd 196 1/19/17 5:56:13 PM
Transportation
Cargo Shipping Agents 198

Ocean Cargo Carriers 199

Freight Consolidators 200

Customs Brokers 201

Moving Companies 203

Trucking Companies 204

Warehousing & Storage Companies 206

Busiest Roads 207

Cargo Airlines 207

BOL_197.indd 197 1/27/17 11:00 AM


As Ranked by ®
PUERTO RICO’S LARGEST CARGO SHIPPING AGENTS
(Listed According to Number of Vessels Serviced in 2015)
Current/ Company Name No. of No. of Main Lines Represented Type of Cargo Other Services Top Executive
Previous Physical Address Vessels Full-Time Provided Title

Heavy Lifts
Brake Bulk
Ranking Serviced Employees Telephone/Fax

Containers
in 2015 Internet/Email Address

Reefers
1/1 Luis A. Ayala Colón Sucrs. Inc. 886 270 Hapag-Lloyd, Tropical Shipping, Maersk, X X X X Stevedoring & terminal Hernán F. Ayala Parsi
3091 Santiago de los Caballeros Ave. GAC Agencies, Gearbulk, Saga Forest operations, ship agents President
Ponce 00716 Carriers, BP Shipping, Petrobrass, (787) 848-9000 / (787) 848-6608
Sealand, Geogas, Suez Energy www.ayacol.com
2/3 Inchcape Shipping Services 550 7 Shell, BP, Trafigura, ExxonMobil, Total, X - X - Stevedoring, freight Jim Freeman
1064 Ponce de León Ave. Intermarine forwarding, container General Manager South Caribbean
Suite 301 booking, NVOCC (787) 620-2030 / (787) 620-0001
Santurce 00907 www.iss-shipping.com
3/- Oceanic General Agency Inc. 280 17 Dole, MSC, NYK, K Line, Cosco, Jo X X - X Husbandry, documentation, David Segarra
Metro Office Park Tankers collections President
St. 1, Lot 11, Suite 102 (787) 625-2700 / (787) 625-2704
Guaynabo 00968 www.oceanic-ga.com
4/4 Pérez y Cía. de P.R. Inc. 219 14 Zim International, Hamburg Süd, MSC X - - Trucking, logistics, Paul F. Colgan
Piers 15, 2nd Fl., Miraflores St. Cruises, Nissan X container tracking General Manager
Santurce 00908 (787) 725-9400 / (787) 721-3855
f.roldan@perezyciapr.com
5/5 Island Stevedoring Inc. 130* 21 Wagenborg Shipping NA, Crimson X X - - Stripping & stuffing, Mabel Villalón
Port Zone Shipping, SMT Ship Management warehousing President
Rd. 28, Bldg. 1026, 2nd Floor (787) 781-7474 / (787) 781-7060
Puerto Nuevo 00920 www.islandstevedoring.com
6/7 P.R. Importing & Stevedoring Co. Inc. 60 9 Evergreen, UniGreen, Hatsu Marine, X - - X Trucking, warehousing, José A. Oller
322 John Albert Erndt St., Suite 214 Italia Maritima, Uni Glory husbandry agency, maritime President
Puerto Nuevo 00920 consultant, stevedoring (787) 474-0050 / (787) 474-0055
prisbiz2@prsju.com
7/6 Caribe Shipping Co. Inc. 57 7 MOL, Mitsui O.S.K. Lines, Atlantic X - - X Husbandry, stevedoring, José A. Oller
Global Plaza Transport yacht agents, trucking, President
322 John Albert Erndt St., Suite 212 warehousing, maritime (787) 474-0060 / (787) 474-0065
Puerto Nuevo 00920 consultants joller@caribship.com
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

Main Office:
Foreign Trade Zone #61,
Edif. Adm. Del Centro Mercantil
Internacional
Local 1- 03
Road #165, Km 2.4
Guaynabo, P.R. 00965

Tel: 787-707-1863

Fax: 787-707-1850

www.jmaduro.com

jmaduro@jmaduro.com
Ocean & Air Brokerage Services
• Customs Entries (ACE) • Storage
• Importer Security Filing (ISF 10+2) • Establishment
• PR Government Excise Tax Clearance (SURI) • Activation with CBP
• Foreign Trade Zone: • Trade Show Specialists
• Entries • International Trade Consultants

198 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S LARGEST OCEAN CARGO CARRIERS


(Listed According to Total TEUs Handled in 2015)
Current/ Company Name Physical Address TEUs Handled in 2015 No. of Type of Cargo Other Services Year Top Executive
Previous Telephone/Fax Emp. Handled Provided Established Title
Ranking Internet/Email Address in P.R. in P.R.

Northbound

Southbound
Total
1/1 Crowley Isla Grande Terminal 270,224 208,505 61,719 81 Containers, vehicles, Air freight, inland 1954 José Ayala
(787) 729-1000 / (787) 729-1179 Santurce 00907 refrigerated containers, transportation, customs Vice President
www.crowley.com/puertorico hazardous materials brokerage & clearance,
freigth forwarding,
warehousing
2/2 TOTE Maritime Agency Inc. 1225 Ponce de León Ave. 181,837 12,689 169,148 33 Dry, refrigerated, - 1985 Eduardo Pagán
(787) 721-2330 / (787) 721-2459 Suite 1206 non-containerized/ Vice President/
www.totemaritime.com Santurce 00907 project cargo, vehicles General Manager
Caribbean
3/3 Trailer Bridge Inc. Metro Office Park 84,673 13,325 71,348 20 Containers, trailers, Barge charter 1991 Jacob Wegrzyn
(787) 774-6340 / (787) 774-6388 Lot 7, Suite 302 oversized cargo, vehicles, Vice President/
www.trailerbridge.com Guaynabo 00968 heavy equipment, flatbeds General Manager
Caribbean
4/4 Priority RoRo Services Inc. Pier 15 27,206 12,243 14,963 15 Refrigerated containers, Specialized & 2001 Wilmarie Rivera
(787) 721-1922 / (787) 721-5047 Miraflores Ave. hazardous materials, overdimentional cargo, Chief Accounting
wrivera@priorityroro.com Santurce 00907 steel bars, vehicles, 24 hours door-to-door Manager
live animals
5/5 Marine Express Inc. 249 Concordia St. 19,832 8,924 10,908 79 Containers, cars, trucks, 24 hours door-to-door, 1992 Néstor González
(787) 832-4760 / (787) 831-1810 Mayagüez 00680 heavy equipment, hazardous materials President
www.marinexpressinc.com flatbeds, loose cargo transportation, ground
transportation
coordination
6/- National Shipping of America MAI Center Bldg. 15,597 4,252 11,345 7 Dry & refrigerated - 2013 Roberto Lugo Jr.
(855) 332-6200 / Suite 314 containers, oversized & Vice President/
www.natship.us 2000 Kennedy Ave. specialized cargo, General Manager
San Juan 00920 hazardous materials
7/- Tropical Shipping Agency LLC Foreign Trade Zone 12,600* 1,600* 11,000* 11 Dry, refrigerated, over- Pick-up, delivery, 1998 María del Mar Rodríguez
(787) 277-7073 / (787) 781-6550 Rd. 165, Km. 2.4 dimensional & project consolidations, full & Regional Manager
www.tropical.com Suite 901 cargo, flat racks less than container load P.R. & Dom. Republic
Guaynabo 00965
* CARIBBEAN BUSINESS estimate Research by Ana D. Ortiz
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee). Copyright © 2017 CARIBBEAN BUSINESS
TEU - Twenty-Foot Equivalent Unit, refers to the length of the trailer or container.
Unless otherwise noted, all information was provided by the companies.

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As Ranked by ®

PUERTO RICO’S LARGEST FREIGHT CONSOLIDATORS


(Listed According to Number of LTL Containers Handled in 2015)
Current/ Company Name Physical Address No. of LTL No. of Types of Main Services Provided Year Top Executive
Previous Telephone/Fax Containers Full-Time Shipments Established Title
Ranking Internet Address Handled Employees Handled in 2015 in P.R.
in 2015
Air Marine
1/1 Magic Logistics ** Bo. Candelaria 4,962 98 X X NVOCC, freight forwarding, 1984 Antonio Pabón
(787) 780-4020 / (787) 780-4814 Hwy. 2, Km. 19.5 & consolidation, warehousing Vice President
www.magictransport.com Toa Baja 00949
2/4 Arrowpac Inc. Royal Ind. Park 4,459 50 X X NVOCC 1980 Walter J. Kenney
(787) 788-3245 / (787) 788-3247 Rd. 869, Km. 3.1 President
www.arrowpac.com Cataño 00962
3/3 Expeditors International (P.R.) Inc. Martin González Ind. Park 3,800* 26 X X NVOCC, freight forwarding & 1994 Mathew Ríos
(787) 750-7500 / (787) 769-1340 Lot 3, Bldg. B-2 consolidation, customs brokerage District Manager
www.expeditors.com Carolina 00983
4/5 Action Cargo Transport Inc. Rd. 848, Km. 3.2 3,500 51 - X NVOCC, freight forwarding 2014 José E. Del Cueto
(787) 750-0450 / (787) 750-3450 Carolina 00982 & consolidation President
www.act-transport.com
5/7 New Penn Motor Express Amelia Ind. Park 1,598 15 - X NVOCC 1992 Pedro Torres
(787) 793-4777 / (787) 793-4779 Rd. 24, Km. 1.6 Caribbean Sales
www.newpenn.com Guaynabo 00967 & Operations Director
6/2 CaribEx Worldwide Bo. Arenales 1,140 138 X X NVOCC, freight forwarding 1980 Joseph R. Chatt Jr.
(787) 658-7000 / (787) 658-7004 Rd. 110, Km. 5.5 & consolidation Executive Vice President
www.caribex.com Aguadilla 00603
7/10 NEMF World Transport Intl. Mercantile Center 800 6 X X Freight forwarding & 1989 Salvador Velázquez
(787) 774-0909 / (787) 793-4916 Lot 1, Bldg. 5 consolidation General Manager
www.nemf.com Guaynabo 00970
8/9 ABF Freight Rd. 165, Km. 2.4 715 10 X X NVOCC, freight forwarding, 1986 Luis E. Milian
(787) 788-4747 / (787) 788-7049 Bldg. 7 warehousing Branch Manager
www.abfs.com Guaynabo 00965
* CARIBBEAN BUSINESS estimate
** Division of Magic Transport Inc.
MBX Logistics, ranked no. 6 last year, closed operations in October 2015.
LTL - Less than Trailer Load
NVOCC - Non-Vessel Operating Common Carrier
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®

PUERTO RICO’S LARGEST CUSTOMS BROKERS


(Listed According to Total Customs Entries Handled in 2015, P.R. Operations)
Current/ Company Name Physical Address Total No. of No. of Other Services Provided Year Top Executive
Previous Telephone/Fax Customs Full-Time Locations Established Title
Ranking Internet/Email Address Entries Employees in P.R.
in 2015
1/2 José G. Flores Inc. Amelia Ind. Park 12,140 31 1 Freight forwarding & consolidation, 1975 José G. Flores Álvarez
(787) 793-2400 / (787) 782-7044 27 Diana St. pickup & delivery, warehousing, President
jgflores@prtc.net Guaynabo 00968 NVOCC
2/1 Néstor Reyes Inc. Mercantil Plaza Bldg. 11,111 32 2 Freight forwarding & 1973 Edmundo Rodríguez
(787) 289-6465 / (787) 289-6457 2 Ponce de León Ave., Suite 501 consolidation, NVOCC, pickup & CEO/President
www.nreyes.com Hato Rey 00918 delivery, warehousing
3/3 Expeditors International (P.R.) Inc. Martín González Ind. Park 9,000* 26 1 Freight forwarding & consolidation, 1995 Matthew Ríos
(787) 750-7500 / (787) 769-1340 B-2 Bldg., Lot 3 pickup & delivery, NVOCC, District Manager
www.expeditors.com Carolina 00983 warehousing, steamship agent
3/4 Rank Shipping of P.R. Inc. Villa Verde & Miraflores Sts. 9,000 12 1 Freight forwarding, consulting, 1985 Julie Díaz
(787) 722-4389 / (787) 721-2830 Pier 15 pickup & delivery Vice President
admin@rankpr.com Miramar 00908
5/5 René Ortiz Villafañe Inc. Centro Intl. de Mercadeo 7,579 22 4 Freight forwarding, consulting, 1982 René Ortiz Villafañe
(787) 793-7141 / (787) 782-9542 Rd. 165, Suite 206 pickup & delivery President
www.rovinc.com Guaynabo 00968
6/10 R.E. Delgado Inc. 663 Villa Verde St. 7,500 17 2 Freight forwarding & consolidation, 1981 Ramón E. Delgado
(787) 722-6750 / (787) 723-1506 Miramar 00907 consulting, warehousing, pickup & President
www.redelgado.com delivery
7/7 Jaime Maduro US Customs Broker Foreign Trade Zone 61, Bldg. 1-03 7,100 17 2 Freight forwarding, consulting, 2002 Jaime Maduro
(787) 707-1863 / (787) 707-1850 Rd. 165, Km. 2.4 pickup & delivery Owner
jmaduro@jmaduro.com Guaynabo 00965
8/8 ECI Customs Brokerage Inc. Centro Mercantil Internacional 6,778 15 1 Consulting, pickup & delivery, 2006 Víctor K. Morales
(787) 620-8990 / (787) 620-8993 West Ave., Bldg. 6A freight forwarding, customs bonds Customs Brokerage
sjuchb@ecichb.com Guaynabo 00969 Manager
9/6 Inter-World Customs Brokers Inc. Foreign Trade Zone 61, Bldg. 6 6,038 12 1 Consulting, pickup & delivery 1986 Larry Colón
(787) 793-4280 / (787) 793-4282 Rd. 165, Km. 2.4 President
www.interworld-customs.com Guaynabo 00965
10/9 Pedro L. Carmona Inc. Reparto Monte Rey 6,000 5 1 Pickup & delivery, consulting 1996 Pedro L. Carmona
(787) 793-5101 / (787) 793-6909 3 Acacia St., Suite 205 President
pcarmona@pedrolcarmona.com San Juan 00920
Continues on page 202

Over 40 years being the leader…


• Leading Broker in PR & Holders of Customs • NVOCC (Non-Vessel Operating Common Carrier)
National Permit • Air & Marine Insurance
• Foreign Trade Zone Development, • CTI-Customs & Trade Institute Seminars on Global Trade
Activation & Consultancy • IMEX Zone Logistics, Inc. FTZ Warehousing/Distribution
• C-TPAT Certified Operations Services for Small Businesses
• Importer Security Filing (10 + 2) • SURI Portal Management, Special Messenger and
• Minority Business Enterprise Submission of Declaration
• Web Tracking

San Juan • Aguadilla Phone: 787-289-6465 / Fax: 787-289-6457 www.imexftz.com www.nreyes.com info@nreyes.com

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 201

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As Ranked by ®

PUERTO RICO’S LARGEST CUSTOMS BROKERS


(Listed According to Total Customs Entries Handled in 2015, P.R. Operations)
Current/ Company Name Physical Address Total No. of No. of Other Services Provided Year Top Executive
Previous Telephone/Fax Customs Full-Time Locations Established Title
Ranking Internet/Email Address Entries Employees in P.R.
in 2015
11/14 Manuel Ramos Gandía Inc. 600 Fernández Juncos Ave. 3,900 6 1 Consulting, pickup & delivery, 1997 Manuel Ramos Gandía
(787) 724-6440 / (787) 724-6435 Suite PPC-2A freight forwarding President
mrg@customsbrokerpr.com Miramar 00907
12/12 Puerto Rico International 2000 J.F. Kennedy Ave. 3,825* 9 2 - 1989 Frank Figarella
Customs Brokers Inc. Suite 416 President
(787) 783-5350 / (787) 783-6323 San Juan 00920
pricbi@prtc.net
13/11 G. Padilla & Co. 301 Recinto Sur St. 3,800* 8 1 Consulting 2001 Grisel Padilla
(787) 977-2028 / (787) 977-2030 Suite 505-6 President
www.gpadillaco.com San Juan 00901
14/13 Axiom Trade Inc. MAI Center, Suite 210 3,625* 8 1 Freight forwarding, consulting, 2005 Paulette Díaz
(787) 706-0473 / (787) 706-0481 J.F. Kennedy Ave. pickup & delivery President
www.axiomtrade.com San Juan 00920
15/15 NDC Customs Brokers & 372 Escorial Ave. 3,288 7 2 Consulting, pickup & delivery, 2005 Norberto D. Colón
Consultants San Juan 00920 freight forwarding & consolidating, President
(787) 781-0000 / (787) 781-0909 warehousing
www.ndcpr.com
16/16 De La Cruz Customs Broker Inc. Centro Intl. de Mercadeo 1,800 5 2 Consulting, pickup & delivery 2008 Brenda de la Cruz
(787) 781-7332 / (787) 781-7342 Rd. 165, Tower II, 7th Floor President
www.delacruz-chb.com Guaynabo 00969
* CARIBBEAN BUSINESS estimate
Agility Logistics Corp., ranked No. 17 last year, closed its local operations.
Number of full-time employees includes part-time employees where appliacable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

Experience and Innovation:


With us it’s a package deal!

At José G. Flores, Inc. we have more than 41 years of experience in the customs brokerage business.
We have used that time to become experts in all areas essential to our clients transportation needs.
• U.S. and International Customs laws and regulations • Approved USDA facilities for canned meat products
• Drawbacks • Customs Entries • IN-Bonds Entries non-refigerated • FTZ (Foreign Trade Zone Facilities)
• Analysis and presentation of letters of credit • Claims • CTPAT VALIDATED • 3 Lincensed U.S. Customs Brokers
U.S. CUSTOMS BROKERS – LIC. 5991 • Consulting • Admission to Foreign Trade Zones And since we know that you need to move your cargo
FOREING FREIGHT in the fastest, most efficient manner, we have made
FORWARDERS F.M.C. – LIC. 1796NF
• ISF Filing (Importer Security Filing) • FTZ Developers
Email: jgflores@prtc.net • SURI Transmissions • Warehousing innovation a cornerstone of our operation.

Main Office: Amelia Distribution Center D Street #27 Guaynabo, P.R. 00968 Tel: 787-793-2400 • Fax: 787-782-7044 Warehouse: Tel: 787-793-5023 • Fax: 787-793-5061

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As Ranked by ®
PUERTO RICO’S LARGEST MOVING COMPANIES
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of No. of Main Services Offered Year Top Executive
Previous Telephone/Fax Gross Trucks Full-Time Established Title
Ranking Internet Address Revenue $ Employees in P.R.
1/1 La Rosa del Monte Express Inc. Bo. Candelaria 11,000,000 50 65 Moving, storage, business 1972 Ricardo Martínez
(787) 780-5775 / (787) 798-7101 Hwy. 2, Km. 19.6 relocation, rigging & machinery, General Manager
www.larosadelmonte.com Toa Baja 00949 vehicle shipment
2/2 Rodi Cargo Intl. Group Inc. Julio N. Matos Ind. Park 6,500,000 7 24 International & local moving, 2008 Aida T. Robles
(787) 647-1892 / (787) 776-7878 Campeche St., Lot 26 storage, auto import/export, President
www.rodicargo.com Carolina 00987 warehousing
3/3 Capitol Transportation Inc. San Miguel Ind. Park 4,000,000 10 32 Residential, commercial & 1956 Richard Darmanin
(787) 792-4949 / (787) 781-0965 60 1st. St. industrial moving, packing, President
www.capitoltransportation.com Puerto Nuevo 00920 storage, rigging, logistics &
distribution
4/4 Monti Moving & Storage Luchetti Ind. Park 3,000,000 7 10 Commercial & residential 1971 Hiram Rodríguez
(787) 785-1823 / (787) 780-9120 450 C St. moving, vehicle transportation, Owner
www.montimoving.com Bayamón 00959 warehousing, local &
international relocation
5/6 Sol Moving Group Inc. 218 Juan Pablo Duarte St. 2,250,000 6 20 Moving, transportation & 2002 Sofía Soldevila
(787) 754-0795 / (787) 753-8220 Hato Rey 00917 storage President
www.solmovinggroup.com
6/8 Puerto Rico Storage & Professional San Antonio Ind. Park 1,659,280 10 24 Rigging & machinery moving, 1999 Héctor A. Cabán
Line Movers Inc. Rd. 110, Km. 28.7 storage, local & international President
(787) 890-0131 / (787) 890-7960 Aguadilla 00603 business relocation
www.prsplm.com
7/5 Puerto Rico Packers Inc. Carolina Commercial Park 1,000,000* 5 5 Local & international residential 1989 Alcides Algarín
(787) 886-6444 / (787) 256-4984 Rd. 887, Km. 6.6 & commercial moving, shipping, President
www.prpackers.com Carolina 00983 crating, trucking & distribution
7/7 SSH Movers Inc. Bo. Espinosa 1,000,000 9 16 Packing, moving, shipping, 2006 Saúl Sandoval
(787) 794-4010 / (787) 794-4015 Hwy. 2, Km. 26.7 rigging, fine arts crating, storage, President
www.sshmovers.com Dorado 00646 vehicle transportation
9/- Mudanzas Torres Inc. Bo. Jagüeyes 780,000 6 12 Local & international moving, 1954 Rafael J. Cardona
(787) 789-2444 / (787) 286-0460 Rd. 797, Km. 1.0 packing, crating & storage President
www.temudamos.com Caguas 00725
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®
PUERTO RICO’S LARGEST TRUCKING COMPANIES
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of No. of Year Other Services Offered Top Executive
Previous Telephone/Fax Gross Trucks Full-Time Established Title
Ranking Internet/Email Address Revenue $ Employees in P.R.
1/1 García Trucking Service Inc. Sabana Abajo Ind. Park 14,950,000* 107 130* 1968 Local & overseas moving, José A. García Muñíz
(787) 762-5353 / (787) 762-5648 B St., Lot 24 packing, shipping, storage, President
www.garciatrucking.com Carolina 00983 rigging, crating
2/2 Camioneros, Cooperativa de Luchetti Ind. Park 14,600,000 75 112 1965 - Norberto Rivera López
Transporte de Carga Rd. 28, Km. 2.1 General Manager
(787) 798-6430 / (787) 740-2630 Bayamón 00960
www.camioneroscooppr.com
3/3 Compañía Ponceña de Transporte Inc. 3019 San Cristóbal Ave. 5,100,000 80 65 1947 Equipment rental Zaida Echevarría
(787) 842-1381 / (787) 843-8949 Coto Laurel 00780 President
www.lunatruckingpr.com
4/4 Terrasa Trucking Inc. Port Zone 3,500,000 35 43 1970 Warehousing, bonded carrier, Mateo Terrasa
(787) 793-4674 / (787) 783-3590 C St., Lot 2 diesel sales President
mtd@mtdpr.com San Juan 00920
5/7 Transporte Santiago & Rd. 848, Km. 1.9 3,100,000 30 24 1997 Refrigerated trailers, cross Juan C. Santiago
JSV Logistics Inc. Trujillo Alto 00976 docking logistics, container President
(787) 283-4567 / (787) 760-0306 storage, van trailer rental
www.transportesantiago.com
6/8 Carreras Trucking Co. Inc. Palmas Ind. Park 3,000,000 50 60 1939 General cargo, warehousing, Luis Carreras
(787) 788-5312 / (787) 788-5378 Rd. 869, Km. 1.5 trailer rental President
www.carrerastrucking.com Cataño 00962
7/9 JJC Industrial Services Inc. 3-C Las Violetas St. 2,900,000 6 31 1975 Millwrighting, equipment & Jorge Castro Rodríguez
(787) 883-5260 / (787) 883-4802 Vega Alta 00692 plant relocation, export packing President
www.jjcindustrial.com & crating
8/10 Cooperativa de Transporte Bo. Maní 2,150,000 17 4 1976 - Eliud Barreto
de Mayagüez Rd. 64, Km. 0.1 Chairman
(787) 834-9100 / (787) 833-5715 Mayagüez 00682
www.cooperativatransportemayaguez.com
9/6 American Caribbean Trucking Co. Inc. Port Zone 2,000,000 22 22 1988 Warehousing José C. Baranda
(787) 775-6165 / (787) 775-6195 C St., Lot G President
www.amcatrucking.com San Juan 00920
10/5 Fraticelli Trucking Co. Inc. Rd. 385, Km. 2.9 1,532,817 40 27 1960 Container & tank trailer rental Eduardo Fraticelli
(787) 836-1610 / (787) 836-2887 Peñuelas 00624 CEO
www.fraticellitrucking.com
11/- Vilar Trucking Inc. Rd. 189, Km 3.2 1,000,000 12 12 1968 Dry trailers & reefers rental, Luis Vilar Ortiz
(787) 743-6171 / (787) 744-5406 Gurabo 00778 hazardous & non hazardous President
www.vilartrucking.com waste transporters
12/12 Oquendo Logistics Inc. Charlyn Ind. Park 930,000* 11 11 1972 In-bond transportation, crating, José L. Oquendo
(787) 710-9394 / (787) 936-7429 Rd. 190, Km. 1.7 consolidation, special delivery, President
www.oquendologistics.com Carolina 00983 regular & in-bond warehousing
13/11 Mafico Transport Corp. Villa Caparra Urb. 800,000 13 10 1997 Trailer & equipment rental, Luis R. Figueroa
(787) 640-9540 / (787) 792-1688 A2 Nápoles St. bonded carrier General Manager
www.maficotransport.com Guaynabo 00966
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from their websites.
Research by Ana D. Ortiz
Copyright © 2017 CARIBBEAN BUSINESS

• In-Bond and General Transporation


• In-Bond and General Warehousing
• Rigging •Distribution • Consolidation
• Special Equipment Delivery

Charlyn Industrial Park


#22. RD. 190 Km. 1.7
Carolina, P.R. 00983
www.oquendologistics.com
Telephones: 787-710-9394 / 9395 Fax 787-936-7429 Established in 1972

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BOL_205.indd 205 1/19/17 4:08:25 PM
As Ranked by ®

PUERTO RICO’S LARGEST


WAREHOUSING & STORAGE COMPANIES
(Listed According to Storage Capacity as of July 2016)
Current/ Company Name Physical Address Storage No. of No. of Trucks Delivery Type of Year Top Executive
Previous Telephone/Fax Capacity Full-Time Owned Independent Services Storage Established Title
Ranking Internet/Email Address (in Sq. Ft.) Employees in P.R.
1/4 César Castillo Inc. La Muda Sector 650,000 375 5 150 Yes Cold/Dry 1942 José Luis Castillo
(787) 999-1616 / (787) 999-1612 Hwy. 1, Km. 21.1 President
www.cesarcastillo.com Guaynabo 00971
2/2 Mini Warehouse La Cerámica Ind. Park 621,400* 9 - - No Dry 1991 Cynthia Colón
(787) 750-5744 / (787) 750-5746 Rd. 190 & Campo Rico Ave. District Manager
www.simplyss.com Carolina 00984
3/3 DHL Supply Chain Royal Ind. Park 550,000 150 - 225 Yes Cold/Dry 2005 Ewar A. Rivera
(787) 788-3835 / (787) 275-0495 Rd. 869, Km. 1.5, Bldg. R Senior Operations
www.dhl.com Cataño 00962 Director (P.R.)
4/5 AAA Mini-Almacenes Públicos Hwy. 2, Km. 19.5 462,000 18 - - No Dry 1996 Cynthia Colón
(787) 798-6818 / (787) 798-9039 Toa Baja 00949 District Manager
www.simplyss.com
5/7 Allied Logistics Corp. Bo. Río Cañas 300,000 102 45 110 Yes Dry 2004 Alberto J. Cruz
(787) 622-9393 / Hwy. 1, Km. 29 Vice President/
www.alliedpr.com Caguas 00725 Business Development
6/6 Islandwide Group Rexco Ind. Park 260,000 383 210 - Yes Cold/Dry 1969 Pedro J. Rosaly
(787) 273-6400 / (787) 277-0518 150 B St. CEO
www.islandwide.com Guaynabo 00968
7/8 Puerto Rico Storage & Industrial Zone 110,000 65 25 8 Yes Cold/Dry 1988 Héctor A. Cabán
Distribution Inc. Hwy. 110, Km. 5.6 President
(787) 890-0131 / (787) 890-7960 Aguadilla 00603
www.prsd.com
8/9 Magic Transport & Warehousing Pepsi Ind. Park 100,000 80 - 30 Yes Dry 1984 Antonio Pabón
(787) 780-4020 / (787) 251-0564 Hwy. 2, Km. 19.5 Vice President
www.magictransport.com Toa Baja 00646
8/9 Premier Logistics Inc. Minillas Ind. Park 100,000 85 60 - Yes Dry 2000 Juan C. Franco
(787) 620-9646 / (787) 620-9120 Rd. 177, Km. 8.1 President
www.pretrans.com Bayamón 00959
8/- VWR Advanced Instruments LLC Bo. Cotto Norte 100,000 96 1 - Yes Cold/Dry 1985 José Cuadro
(787) 621-3600 / (787) 621-3610 Rds. 686 & 670 General Manager
www.vwr.com Manatí 00674
8/9 Yobel Supply Chain Management Inc. Royal Ind. Park 100,000 67 9 55 Yes Cold/Dry 2004 Edgardo Rivera
(787) 275-0200 / (787) 275-0232 500 Rd. 869, Bldg. P General Manager
www.yobelpr.com Cataño 00962
12/12 CaribEx Worldwide Bo. Arenales 96,000 159 67 8 Yes Cold/Dry 1980 Joseph R. Chatt Jr.
(787) 658-7000 / (787) 658-7004 Rd. 110, Km. 24.6 President
www.caribex.com Aguadilla 00603
13/- P.R. Logistics Corp. La Ceramica Ind. Park 92,500 40 8 45 Yes Cold/Dry 2002 Ariel C. Rodríguez
(787) 999-0088 / (787) 999-0077 5-B1 Gildita St. President
www.prlogistics.com Carolina 00983
14/14 Almacenes del Castillo Inc. Foreign Trade Zone 66,000 25 6 - Yes Cold/Dry 1973 Pedro del Castillo
(787) 793-3760 / (787) 793-6155 Rd. 165, Km. 2.4 Vice President
www.almacenesdelcastillo.com Guaynabo 00965
15/13 Island Storage & Distribution Inc. Foreign Trade Zone 52,000 17 4 4 Yes Dry 1997 Frank Madera
(787) 273-1933 / (787) 774-5885 Rd. 165, Km. 2.4, Bldg. 2 President
www.islandstoragepr.com Guaynabo 00965
16/15 SQS Inc. Palmas Ind. Park 49,800* N/P N/P N/P N/P N/P 2003 Wilda J. Aguirre
(787) 275-2424 / Rd. 869, Km. 2, St. 4 President
wildaaguirre@sqswarehouse.com Cataño 00962
17/16 Advantage Self Storage Inc. Buchanan Sector 46,650 3 - - No Dry 2006 Antonio Orbay
(787) 781-3503 / (787) 756-5852 70 San Martín St. President
www.advantageselfstoragepr.com Guaynabo 00968
18/17 Sea Air Systems Inc. Foreign Trade Zone 35,000 N/P N/P N/P N/P Dry 1991 Gloria Velázquez
(787) 273-8200 / (787) 273-8203 Rd. 165, Km. 2.4, Bldg. 1 General Manager
www.seaairpr.com Guaynabo 00965
19/18 RR Donnelley de Puerto Rico Corp. 500 Rd. 869, Suite 703 26,000 27 2 75 Yes Cold/Dry 1959 Wilson Rodríguez
(787) 788-8500 / (787) 788-7646 Cataño 00962 General Manager
www.rrd.com
* CARIBBEAN BUSINESS estimate
N/P - Not Provided
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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As Ranked by ®
PUERTO RICO’S BUSIEST ROADS
(Listed According to Annual Average Daily Vehicle Traffic)
Ranking Road Segment Road Name Road Number Municipality Annual Average
Daily Vehicle
Traffic*
1 Between PR-25 & PR-35 José De Diego Expressway PR-22 San Juan 218,501
2 Between De Diego Ave. & PR-2 José De Diego Expressway PR-22 San Juan 208,721
3 Between PR-22 & PR-23 Las Américas Expressway PR-18 San Juan 197,620
4 Between PR-2 & PR-165 José De Diego Expressway PR-22 Guaynabo 195,994
5 Between PR-21 & PR-1 (Near Inter American Univ.) Las Américas Expressway PR-18 San Juan 182,839
6 Between PR-177 & PR-1 Luis A. Ferré Expressway PR-52 San Juan 166,493
7 Between PR-199 & PR-177 Luis A. Ferré Expressway PR-52 San Juan 158,442
8 Between PR-17 & De Las Rosas Ave. Baldorioty de Castro Expressway PR-26 Carolina 145,700
9 Between PR-5 & Bridge Over PR-869 José De Diego Expressway PR-22 Bayamón 139,563
10 Between Montehiedra Ave. & PR-199 Luis A. Ferré Expressway PR-52 San Juan 130,532
11 Between Jupiter St. & PR-187 Baldorioty de Castro Expressway PR-26 Carolina 126,270
12 Between Heriberto Nieves St. & PR-190 Baldorioty de Castro Expressway PR-26 Carolina 125,857
13 Between Sánchez Vilella Ave. & Paseo de los Gigantes Baldorioty de Castro Expressway PR-26 Carolina 125,657
14 Los Angeles Ave. Intersection Baldorioty de Castro Expressway PR-26 Carolina 124,749
15 Between East LMM Airport & East PR-190 Intersection Baldorioty de Castro Expressway PR-26 Carolina 124,300
16 West PR-167 José De Diego Expressway PR-22 Bayamón 121,361
17 Between East LMM Airport & North-East PR-190 Baldorioty de Castro Expressway PR-26 Carolina 119,251
18 Between Pellín Rodríguez St. & Julio Andino St. Baldorioty de Castro Expressway PR-26 Carolina 118,220
19 Between PR-165/PR-23 y PR 20 San Juan to Ponce Expressway PR-2 Bayamón 117,238
20 Toll Plaza Caguas North Luis A. Ferré Expressway PR-52 Caguas 116,030
21 Between De Diego Ave. & Isla Verde Ave. access Baldorioty de Castro Expressway PR-26 San Juan 115,283
22 Between PR-167 & PR-872 José De Diego Expressway PR-22 Bayamón 115,259
23 Between PR-189 & PR-203 Cruz Ortiz Stella Expressway PR-30 Gurabo 114,980
24 Between PR- 869 & PR-167 (Comerío Ave.) José De Diego Expressway PR-22 Bayamón 111,405
25 Bridge over Río Grande de Loíza Cruz Ortiz Stella Expressway PR-30 Caguas 111,226
* Includes transit studies from 2004 to 2014.
Information provided by P.R. Highway & Transportation Authority.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

As Ranked by ®

PUERTO RICO’S LARGEST


CARGO AIRLINES SERVING LUIS MUÑOZ MARIN INT’L AIRPORT
(Listed According to Total Magtow Cargo Movement in Fiscal Year 2015)
Ranking Airline Physical Address 2015 Total Magtow 2014 Total Magtow Percent Main Destinations Top Executive
Telephone/Fax Cargo in Pounds Cargo in Pounds Change Title
Internet Address
1 FedEx Express * Metro Office Park 370,178,000 283,441,400 30.60 Worldwide Rolando Medina
(800) 469-3339 / (787) 300-2322 2nd St., Lot 12 Operations Director
www.fedex.com/pr Guaynabo 00968
2 UPS * 150 Sector Central Rd. 338,296,780 271,547,500 24.58 Worldwide José F. Oramas
(800) 742-5877 / (787) 253-4197 Suite 13 Country Manager
www.ups.com Carolina 00979
3 AmeriJet International Inc. Muñiz Air Base 140,723,600 92,453,000 52.21 Caribbean; Barcelona, SP; Marcos Cabrera
(787) 791-4570 / (787) 791-4560 American Airlines Cargo Bldg. Mexico City, Cancún, MX; Station Manager
www.amerijet.com Carolina 00979 Belize; Lima, PE; San Salvador,
SV; Paramaribo, SR; Santo
Domingo, DR
4 ABX Air Inc. Caribbean Airport Center 102,686,180 - - Worldwide Edgar H. Rodríguez
(787) 791-2222 / (787) 253-1344 30 Central Rd. Sector General Manager,
www.abxair.com Carolina 00979 Puerto Rico & USVI
5 Air Cargo Carriers LLC 20 José Santana Ave. 28,882,950 24,702,400 16.92 St. Thomas, St. Croix, US James Eischen
(800) 253-1711 / CAF-11 Rd. 150 Virgin Islands; St. Maarten, AN; Puerto Rico Manager
www.aircar.com Carolina 00979 Tortola, British Virgin Islands;
Santo Domingo, DR
* Company also provides ground delivery services.
Magtow = Maximun Gross Takeoff Weight.
Source for cargo movement: Aerostar Airport Holdings LLC. All other information was provided by the airlines or obtained from their website.
Research by Ayleen Anqueira Rivera
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 207

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BOL_208.indd 208 1/12/17 5:20:50 PM
Wholesale
Air Conditioner Distributors 210

Auto Wholesalers 212

Beverage Products Distributors 212

Chemical Distributors 213

Electric Generators Distributors 214

Food Products Distributors 215

Food Service Distributors 216

Petroleum Products Wholesalers 216

Top 20 Wholesalers 217

BOL_209.indd 209 1/27/17 10:57 AM


As Ranked by ®
PUERTO RICO’S LARGEST AIR CONDITIONER DISTRIBUTORS
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of Installation Main Lines Sold Year Top Executive
Previous Telephone/Fax Gross Full-Time Service Established Title
Ranking Internet Address Revenue $ Employees in P.R.
1/1 Refricentro Inc. 380 Barbosa Ave. 53,900,000 128 No TGM, Classic, Samsung, 1964 Francisco Palacio
(787) 758-0300 / (787) 754-3111 Hato Rey 00917 York, Nailor, Acme, Rheem, Vice President/
www.refricentro.com Bohn Mueller, Knauf General Manager
2/- Aireko Services Bairoa Ind. Park 42,300,000 90 Yes Cleaver Brooks 2006 Waldemar Toro
(787) 653-6300 / (787) 653-0121 Las Casas St., Suite 20 President
www.aireko.com Caguas 00725
3/2 Oldach Associates Inc. Las Palmas Ind. Park 40,500,000 100 No Fujitsu, Armstrong, Midea, 1955 Giancarlo Brito
(787) 641-2420 / (787) 641-0454 Rd. 869 & D St. Panasonic, Loren Cook CEO
www.oldachpr.com Cataño 00962
4/4 Carrier Puerto Rico Inc. Amelia Ind. Park 33,100,000 70 Yes Carrier, Dupont, Gree, 1983 Ivonne de León
(787) 788-9350 / (787) 522-9549 43 Diana St. Toshiba General Manager
www.carrier.com.pr Guaynabo 00968
5/3 Trane Puerto Rico LLC San Juan Ind. Park 31,500,000 100 Yes Trane 1964 Juan Carlos Teruel
(787) 798-0999 / (787) 288-5000 Hwy. 1, Km. 25.1 General Manager
www.tranepuertorico.com Río Piedras 00926
6/5 Johnson Controls Inc. Sábana Abajo Ind. Park 14,000,000 44 Yes York, Johnson Controls, 1980 James Rodríguez
(787) 625-2000 / (787) 752-5940 1405 Río Danubio St. Metasis, Hitachi Branch Manager
www.johnsoncontrols.com Carolina 00984
7/6 Steel and Pipes Inc. (A.C. Div.) Hwy. 1, Km. 27.5 6,500,000 205 No LG, Quül, McQuay 1979 Felipe Vidal Cos
(787) 747-9415 / (787) 258-0635 Caguas 00725 CEO
www.steelandpipes.com
8/7 McQuay Caribe Inc. Amelia Ind. Park 6,000,000* 17 No McQuay, Daikin 1994 Luis Echevarría
(787) 275-1340 / (787) 275-1930 45 Diana St. General Manager
www.daikinlatam.com Guaynabo 00968
9/8 Technical Industrial Sales Inc. Bo. Quebrada Arenas 1,800,000* 4 No Baltimore Air Coil, 1996 Eduardo Varón
(787) 272-3345 / (787) 272-3191 Hwy. 1, Km. 25.9 Big Ass Fans President
www.tecindsales.com Caguas 00725
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

210 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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BOL_211.indd 211 1/25/17 4:42:07 PM
As Ranked by ®
PUERTO RICO’S LARGEST AUTO WHOLESALERS
(Listed According to 2015 Gross Wholesale Sales)
Current/ Company Name Physical Address 2015 Gross 2015 Total No. of Units Sold No. of Year Top Executive
Previous Telephone/Fax Wholesale No. of Full-Time Established Title
Ranking Internet Address Sales $ Units Sold Make Units Employees in P.R.
1/1 Toyota de Puerto Rico Corp. 1064 Muñoz Rivera Ave. 553,000,000 23,989 Toyota 21,974 107 1994 George Christoff
(787) 641-3800 / (787) 281-7732 Río Piedras 00927 Scion 907 President
www.toyotapr.com Lexus 1,108
2/2 Motorambar Inc. Westgate Ind. Park 404,000,000 17,103 Nissan 7,894 168 1968 José Ordeix
(787) 620-0900 / (787) 999-7970 2nd & 3rd Sts. Kia 8,665 Vice President
www.motorambar.com Cataño 00962 Infinity 544
3/3 Bella Group Bechara & Segarra Sts. 279,584,257 7,650 Honda 4,412 619 1963 Carlos López-Lay
(787) 620-7010 / (787) 620-7534 Lot C-1 Mazda 2,382 CEO/President
www.bellainternational.com San Juan 00920 Acura 856
4/4 Sojitz de Puerto Rico Corp. 101 Conquistadores Ave. 196,000,000 9,283 Hyundai 9,283 56 2009 Hitoshi Kaneko
(787) 999-3333 / (787) 522-4571 Cataño 00962 CEO/President
www.hyundaipr.com
5/5 Mitsubishi Motor Sales of Caribbean Inc. Bo. Candelaria 75,700,000 4,619 Mitsubishi 4,619 29 1982 Shintaro Hirano
(787) 251-8715 / (787) 251-3720 1000 Hwy. 2, Km. 20.1 CEO/President
www.mitsubishipuertorico.com Toa Baja 00949
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee), and may include retail divisions.
Number of units sold was obtained from the 2015 Automobile Sales Report prepared by Guia Puerto Rico.
Makes such as Audi, BMW, GMC and Mercedes Benz have distribution through dealers.
Research by Francis E. López
Copyright © 2017 CARIBBEAN BUSINESS

As Ranked by ®

PUERTO RICO’S LARGEST BEVERAGE PRODUCTS DISTRIBUTORS


(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of Year Main Beverage Main Beverage Top Executive
Previous Telephone/Fax Gross Full-Time Established Products Distributed Brands Distributed Title
Ranking Internet Address Revenue $ Employees in P.R.
1/1 Coca-Cola Puerto Rico Bottlers Minillas Ind. Park 570,068,400 981 1995 Carbonated soft drinks, Coca-Cola, Sprite, Medalla, Alberto de la Cruz
(787) 288-6400 / (787) 288-6535 107 Rd. 174 beer Dasani, Nikini, Ciclón, Gallo CEO/President
www.ccprb.com Bayamón 00959
2/2 V. Suárez & Co. Inc. Luchetti Ind. Park 508,000,000 544 1943 Wine, beer, spirits, Coors Light, Presidente, Stella Diego Suárez Jr.
(787) 792-1212 / (787) 792-0735 300 Rd. 5 nonalcoholic beverages, Artois, Lotus, Ocean Spray , CEO/President
www.vsuarez.com Bayamón 00961 juices Blue Moon, Welch’s, Gatorade,
Snapple, Miller
3/3 B. Fernández & Hnos. Inc. 305 Luchetti Ind. Park 298,950,000 415 1888 Beer, wine, liquor Budweiser, Busch, Absolut, José Teixidor Méndez
(787) 288-7272 / (787) 288-7291 Rd. 5 O’Doul’s, Pinch, Cruzan, Gran CEO
www.bfernandez.com Bayamón 00961 Duque De Alba, El Coto De
Rioja, Condes De Albarei
4/4 Méndez & Co. Inc. Martínez Nadal Exp. 296,000,000 490 1912 Liquor, beer, wine, Heineken, Johnnie Walker, José A. Álvarez
(787) 793-8888 / (787) 782-1395 Rd. 20, Km. 2.4 juices, sparkling water Veuve Clicquot, Hawaiian Punch CEO/President
www.mendezcopr.com Guaynabo 00969
5/5 Ballester Hermanos Inc. Westgate Ind. Park 290,569,902 365 1914 Wine, liquor, beer Corona Extra, Finlandia, José Alejandro M. Ballester
(787) 788-4110 / (787) 788-6460 Rd. 869 & 3rd St. Cuervo, Modelo, Valduero, President
www.ballesterhermanos.com Cataño 00962 Concha y Toro
6/6 Suiza Dairy Corp. 131 De Diego Ave. 226,000,000 811 1942 Fresh milk, juices, fruit Suiza Fruit, Suiza Dairy, Suiza Francisco R. Pérez
(787) 792-7300 / (787) 782-8120 Río Piedras 00921 drinks Puro, Suiza Premium, Nesquik, General Manager
www.suizapr.com Lactaid, Golden Orange, Golden
Supreme
7/7 Nestlé Puerto Rico Inc. San Juan Ind. Park 140,000,000* 90 1931 Evaporated milk, Nescafé, Nesquik, Carnation, Nelson Peña
(787) 788-4300 / (787) 788-4346 Hwy. 1, Km. 25.3 chocolate, juices, baby Klim, Coffee-Mate, Supligen, Country Manager
www.nestlepuertorico.com Río Piedras 00926 formula Perrier, S. Pellegrino, Nestlé
Pure Life
7/8 Pepsi Cola P.R. Distributing LLC Bo. Candelaria 140,000,000 500 1998 Carbonated soft drinks, Pepsi, 7-Up, Lipton Ice Tea, José A. Sanabria
(787) 251-2600 / (787) 251-2934 Rd. 865, Km. 0.4 juices, bottled water, Sunkist, Tropicana, Mountain General Director
www.cabcorp.com Toa Baja 00949 tea, malt Dew, Aquafina, Gatorade,
Starbucks Frappuccino
9/9 Destilería Serrallés Inc. Central Mercedita Urb. 130,000,000* 225* 1935 Rum, wine, distilled Don Q, Palo Viejo, Black Tower, Félix J. Serrallés Jr.
(787) 840-1000 / (787) 840-1155 151 Main St. spirits, cordials Cutty Sark, Skyy Vodka, Cinzano President
www.destileriaserralles.com Mercedita 00715
10/10 Vaquería Tres Monjitas Inc. 215 Federico Costa St. 124,619,323 452 1918 Regular, light & fat-free Hydris, Tres Monjitas Light, Jaime Fonalledas Rubert
(787) 474-1818 / (787) 753-8836 Hato Rey 00918 milk, juices, water, fruit Welch’s, Tropic Twist, Florida’s President
www.tresmonjitas.com drinks Natural, Tropical Splash, Frutasty
11/11 Goya de Puerto Rico Inc. Luchetti Ind. Park 90,500,000* 587 1949 Nectars, juices, Goya, Chocolate Cortés Carlos A. Unanue
(787) 622-4900 / (787) 798-7970 Francisco De Goya Ave. concentrated juices President
www.goyapr.com Bayamón 00960
12/12 Empresas La Famosa Inc. Bo. Candelaria Arenas 25,000,000 42 1920 Juices, cream of coconut Famosa, Coco López Máximo Álvarez Mena
(787) 251-0060 / (787) 251-2270 Rds. 866 & 865 General Manager
www.empresaslafamosa.com Toa Baja 00949
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

212 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_212.indd 212 1/16/17 9:22:05 AM


As Ranked by ®

PUERTO RICO’S LARGEST CHEMICAL DISTRIBUTORS


(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 Gross No. of Year Main Products Distributed Top Executive
Previous Telephone/Fax Revenue $ Full-Time Established Title
Ranking Internet/Email Address Employees in P.R.
1/1 Mays Ochoa West Gate Ind. Park 41,000,000 68 1998 Bulk, packaged & laboratory chemicals Sarah Viruet
(787) 788-8000 / (787) 788-3675 515 2nd. St. Vice President/
www.maysochoa.com Cataño 00962 General Manager
2/3 Praxair Puerto Rico BV Bo. Navarro 30,000,000* 85* 1979 Medical & industrial gases Luis Duclaud
(787) 258-7200 / (787) 258-7233 Rds. 189 & 931 President
www.praxair.com.pr Gurabo 00778
3/2 Sachs Chemical Inc. Río Cañas Ind. Park 28,900,000 35 1986 Specialty & raw chemical materials Fernando Ortega
(787) 745-2520 / (787) 745-2990 Rd. 175, Km. 0.02, Lot 18 President
www.sachschemical.com Caguas 00725
4/4 Linde Gas Puerto Rico Inc. Bo. Palmas 24,418,346 99* 1932 Industrial, medical & specialty gases, David F. García
(787) 754-7445 / (787) 641-8598 Rd. 869, Km. 1.8 bulk gases, cutting & welding Caribbean Head Manager
www.lindegaspr.com Cataño 00962 products
5/5 Unique Chemical Technologies Inc. 578 Aldebarán St. 14,131,257 8 1992 Chemical raw materials & polymers Carlos M. Acevedo
(787) 749-9393 / (787) 749-9292 San Juan 00920 President
www.unichemtech.com
6/6 Chemex Corp. Santa María Urb. 12,800,000* 4 1980 Chemicals for pharmaceuticals Eduardo J. Pérez
(787) 763-7205 / (787) 758-5661 17-B Limoncillo President
eperez@chemexcorporation.com Río Piedras 00927
7/7 The Fairbank Corp. Valencia Urb. 2,977,390 17 1949 Cleaning supplies & equipment Isabel Román
(787) 763-2828 / (787) 751-3280 325 Almería St. President
www.fairbankcorp.com Río Piedras 00923
8/8 Performance Chemicals Co. Inc. Las Palmas Ind. Park 2,500,000* 10 1985 Water-treatment products Pedro Gautier Rivera
(787) 788-3737 / (787) 788-3732 4th St., Bldg. 8 & equipment President
www.perfchem.com Cataño 00962
9/9 Cascade Water Services Inc. Country Club Ind. Park 1,900,000* 10 2004 Water-treatment products for air Ramón Cofán
(787) 769-0910 / (787) 257-0785 Lot 12, 272 St. conditioners & boilers Regional Manager
www.cascadewater.com Carolina 00984
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 213

BOL_213.indd 213 1/25/17 8:50:54 AM


As Ranked by ®

PUERTO RICO’S LARGEST ELECTRIC GENERATORS DISTRIBUTORS


(Listed According to 2015 Electric Generators Gross Sales)
Current/ Company Name Physical Address 2015 Electric No. of Main Brands Represented Year Top Executive
Previous Telephone/Fax Generators Full-Time Established Title
Ranking Internet/Email Address Gross Sales $ Employees in P.R.
1/1 Rimco Inc. 312 J.F. Kennedy Ave., Km. 3.7 10,000,000* 158 Cat 1981 Richard McConnie
(787) 792-4300 / (787) 774-6662 Puerto Nuevo 00920 President
www.rimcocat.com
2/2 RK Power Generator Corp. Quebrada Arenas Ind. Park 8,500,000 36 Perkins, Kubota, Deep Sea, 2004 Rubén Aguilar
(787) 286-6454 / (787) 286-6455 Hwy. 1, Km. 30.7 Krops, Volvo Penta General Manager
www.rkpowergenerator.com Caguas 00725
3/3 Cummins Caribbean LLC Rd. 165, Km. 2.5 6,250,000* 36 Cummins/Onan, MerCruiser, 2008 Edgar E. Rivas
(787) 275-2000 / (787) 275-2030 Cataño 00962 ReCon, Fleetguard General Manager
www.cumminsonan.com
4/6 Professional Equipment Corp. 2151 Gilberto Monroig Ave. 1,500,000 17 SDMO, Kipor, Energy Power 1983 Manuel Ojeda
(787) 728-3736 / (787) 268-5037 Santurce 00915 President
www.professionalequipmentcorp.com
5/7 Bella International LLC Bechara & Segarra Sts. 1,231,365 504 Honda 1963 Carlos A. López-Lay
(787) 620-7010 / (787) 620-7534 Lot C-1 CEO/President
www.bellagroup.com San Juan 00920
6/4 Antilles Power Depot Inc. 1000 Rd. 860 1,000,000 45 MTU Onsite Energy, Detroit Diesel, 1999 Jason Hebert
(787) 622-9330 / (787) 622-9333 Carolina 00987 Kohler Marine, Volvo Penta, Allison President
www.antillespower.com Transmission, Twin Disc
7/5 Diesel Engine Technician Inc. Quebrada Arenas Sector 900,000* 16 Generac, Zenith, Modasa, 1995 Noel Rodríguez Torres
(787) 782-1439 / (787) 782-7456 Hwy. 1, Km. 24.7 Pramac President
dieseleng@icepr.com Caguas 00725
8/8 González Trading 1298 SE 54th St. 565,937 66 Generac, Atlas Copco, Raymond, 1963 José M. Baeza
(787) 783-9380 / (787) 782-2049 Río Piedras 00921 Clark, Caterpillar, Genie, JLG President
www.gonzaleztrading.com
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Companies included in this chart may distribute other products in addition to electric generators.
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

BEAT THE BLACKOUT


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John F. Kennedy Avenue, Km 3.7, San Juan, PR info@rimco-inc.com www.rimcocat.com

214 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

BOL_214.indd 214 1/16/17 9:24:59 AM


As Ranked by ®
PUERTO RICO’S LARGEST FOOD PRODUCTS DISTRIBUTORS
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of Year Main Food Products Main Food Brands Top Executive
Previous Telephone/Fax Gross Full-Time Established Distributed Distributed Title
Ranking Internet/Email Address Revenue $ Employees in P.R.
1/1 Puerto Rico Supplies Group Inc. Luchetti Ind. Park 520,000,000 1,118 1945 Dairy, refrigerated & Borden, Filler, Hellmann’s, Edwin Pérez
(787) 780-4043 / (787) 622-4576 Hwy. 5 nonrefrigerated products Knorr, Splenda, Country President
www.prsupplies.com Bayamón 00961 Crock, Bertolli, Wise, Ferrero
2/2 Plaza Provision Co. Rds. 165 & 28 410,000,000 520 1907 Cookies, cereals, tomato Del Monte, Nabisco, Mazola, Robert Cimino
(787) 781-2070 / (787) 781-2210 Guaynabo 00965 sauce, vegetables, Dannon, Oscar Mayer, Post, CEO
www.plazaprovision.com canned food, dairy Ronzoni, Indulac, Maga
products
3/3 B. Fernández & Hnos Inc. Luchetti Ind. Park 298,950,000 415 1888 Grocery products Kellogg’s, Keebler, Hormel, José Teixidor Méndez
(787) 288-7272 / (787) 288-7291 305 Rd. 5 Kimberly Clark, Smucker’s, CEO
www.bfernandez.com Bayamón 00961 Heinz, McCormick, Pringles,
Pillsbury, Progresso
4/4 Méndez & Co. Inc. Martínez Nadal Exp. 296,000,000 490 1912 Baby food, rice, cereals Beech-Nut, Bumble Bee, Ragu, José Arturo Álvarez
(787) 793-8888 / (787) 782-1395 Rd. 20, Km. 2.4 Sello Rojo, El Mago, General CEO/President
www.mendezcopr.com Guaynabo 00969 Mills
5/6 Ballester Hermanos Inc. Westgate Ind. Park 290,569,902 365 1914 Canned & frozen Campbell’s, Sara Lee, Quaker Alejandro M. Ballester
(787) 788-4110 / (787) 788-6460 Rd. 869, 3rd St. products, packaged President
www.ballesterhermanos.com Cataño 00962 goods
6/5 Northwestern Selecta Inc. Juliá Ind. Park 284,000,000 350 1980 Beef, pork, poultry, Numeat, Numar, Nufarm Elpidio Núñez III
(787) 781-1950 / (787) 781-1125 796 C St. seafood, dairy products, Dairy, Tyson, Nuchef, Catelli, President
www.northwesternselecta.com San Juan 00920 canned food Agrosuper, Sanderson,
Cavendish
7/7 Packers Provision Mercado Central 160,000,000* 204 1999 Frozen & refrigerated Land O’Lakes, Butterball, Carlos A. Trápaga
(Trafon Group Inc.) 1229 4th St., Bldg. C beef, pork, poultry, Hatfield, Health Valley, President
(787) 783-0011 / (787) 622-7440 Puerto Nuevo 00920 seafood, meat, gourmet, Colavita, Cardini’s, Jack
www.trafongroup.com organic products Daniels Mustard
8/8 Nestlé Puerto Rico Inc. San Juan Ind. Park 140,000,000* 90 1931 Milk modifiers, Nestlé, DiGiorno, Gerber, Nelson Peña
(787) 788-4300 / (787) 788-4346 Hwy. 1, Km. 25.3 powdered milk, coffee, Tombstone, Lean Pockets, Country Manager
www.nestlepuertorico.com Río Piedras 00926 chocolate, baby food, Hot Pockets, Crunch,
pet food Stouffer’s, Butterfinger
9/9 Holsum de Puerto Rico Inc. Bo. Candelaria 110,000,000 835 1958 Bread, buns, cakes, Holsum, Bimbo, Country Ramón Calderón
(787) 798-8282 / (787) 251-2060 Hwy. 2, Km. 20.1 donuts, cookies Hearth President
www.holsumpr.com Toa Baja 00949
10/9 Mondelez International Montehiedra Office Centre 103,000,000* 96 2012 Gum, candy, cookies Dentyne, Trident, Oreo, Gustavo Armstrong
(787) 522-9810 / (787) 522-9811 9615 Los Romeros Ave. Chips Ahoy! Cluster Lead Caribbean
www.mondelezinternational.com Río Piedras 00926
11/11 Able Sales Company Inc. Bo. Palmas 100,000,000* 125* 1972 Sugar & sweeteners, Dulce Caña, Domino Luis E. Silva Mendoza
(787) 620-4141 / (787) 620-4102 Rd. 869, Bldg. 1 flour Sugar, Florida Crystals, President
www.ablesales.com Cataño 00962 50 Margaritas, Buccaneer,
Triunfador, Special 50
12/13 Goya de Puerto Rico Inc. Luchetti Ind. Park 90,500,000* 587 1949 Tomato sauce, spices, Goya, Chocolate Cortés, Carlos A. Unanue
(787) 622-4900 / (787) 798-7970 5 Francisco de Goya Ave. seasonings, condiments, Galletas Tosh, Galletas Dux, President
www.goyapr.com Bayamón 00960 beans, olive oil, cookies Sanchis Mira
13/12 Caribbean Produce Palmas Ind. Park 85,573,014 152 1960 Fruits & vegetables, eggs Mann’s, Dole, Taylor Farms, Gualberto Rodríguez III
Exchange LLC 869 Rd., Km. 2.8 Melissa’s, McCain, Lighthouse, President
(787) 793-0750 / (787) 273-7160 Cataño 00962 Bolthouse Farms, Gargiulo
www.caribbeanproduce.com
14/15 Pepsico Foods Caribbean Inc. Corporate Office Park 78,000,000* 417 1952 Salty snacks Frito-Lay, Quaker, Gamesa Alejandro Mejia
(787) 720-6825 / (787) 272-5570 42 Rd. 20, Suite 205 General Manager
www.pepsico.com Guaynabo 00966
15/16 Colomer & Suárez Inc. Int’l Distribution Center 70,000,000* 130* 1943 Dairy, refrigerated & Velveeta, Cheez Whiz, Kraft, Alfredo Suárez Jr.
(787) 781-2575 / (787) 793-2115 Rd. 165, Bldg. 5 nonrefrigerated products Parkay, Taco Bell, Sterling President
asuarezjr@colomersuarez.com Guaynabo 00968 Salt, Truvia, Philadelphia
16/14 To-Ricos Distribution Ltd. Bo. Asomante 56,100,786 11 2006 Poultry To-Ricos Victor Mario Hernández
(787) 735-8061 / (787) 735-6488 Rd. 14, Km. 48 Complex Manager
www.pilgrims.com Aibonito 00705
17/17 Empacadora Hill Brothers Bo. Saint Just 51,000,000 150 1962 Fruits & vegetables Al Fresco, OKF, Bolthouse Cecilio Massanet
(BEC Co. Inc.) Rd. 876, Km. 2.3 Farms President
(787) 761-1576 / (787) 760-7530 Trujillo Alto 00978
www.empahill.com
18/19 EuroCaribe Packing Co. Inc. Cabo Caribe Ind. Park 38,790,000 148 1967 Smoked meat, frozen El Serranito, Congusto, Manuel Matosantos
(787) 793-6900 / (787) 793-0454 A St., Lot 23 fruits Campo Verde President
www.elserranitopr.com Vega Baja 00693
19/18 Payco Foods Corp. Corujo Ind. Park 35,000,000* 90* 1993 Ice cream, pizza Nestlé, Häagen-Dazs, Breyers, Santiago Casas
(787) 269-6615 / (787) 269-0430 42 C St. Masterfoods, Digiorno, Business Executive
Bayamón 00959 Tombstone Manager
20/20 Efraín Núñez Inc. Amelia Ind. Park 32,500,000* 80 1989 Frozen ingredients & Pillsbury, Neo Taíno, Puratos, Efraín Núñez
(787) 783-9600 / (787) 782-5960 Amelia St., Lot 6 baked goods Lawrence Foods, Flavor Right, President
www.enunezpr.com Guaynabo 00968 Hill & Valley, Maplehurst
21/21 Fernando C. Pujals & Bros. Inc. Amelia Ind. Park 28,159,406 100 1940 Candy, cookies, snacks Mentos, Air Heads, Planters, Fernando J. Pujals
(787) 792-3080 / (787) 792-3497 8 Beatriz St. Russell Stover, Popcorners, President
info@fernandopujals.com Guaynabo 00968 Panky
22/22 Rovira Foods Inc. Amelia Ind. Park 23,500,000* 61 2001 Crackers, cookies, Rovira, Eric’s, Pepperidge Frances Rovira
(787) 781-0396 / (787) 792-3070 37 Diana St. snacks Farm, Snyder’s, Bauducco, President
www.rovirabiscuits.com Guaynabo 00968 Herr’s
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS 215

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As Ranked by ®

PUERTO RICO’S LARGEST FOOD SERVICE DISTRIBUTORS


(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of Year Main Products Main Brands Top Executive
Previous Telephone/Fax Gross Full-Time Established Distributed Distributed Title
Ranking Internet/Email Address Revenue $ Employees in P.R.
1/1 José Santiago Inc. Luchetti Ind. Park 170,000,000 350 1902 Meat, poultry, seafood, Unilever, Kimberly José E. Santiago
(787) 288-8835 / (787) 288-8809 Rd. 5, Km. 4.4 frozen food, dairy, Clark, A-Cut-Above, CEO/President
www.josesantiago.com Bayamón 00959 oils, sauces, canned, Trident, Tyson,
groceries Farmland, McCain,
Mel Fry
2/3 Matosantos Commercial Corp. Cabo Caribe Ind. Park 125,000,000* 250 1940 Disposable paper & El Serranito, ConGusto, Manuel A. Matosantos
(787) 793-6900 / (787) 793-0454 A St., Lot 23 plastic products, juices, Finlandia, Every President
www.matosantos.com Vega Baja 00693 meat, cheese Dinner, Club Cups,
Safe-T, Classic, Clap,
Wonderfoil
3/2 Martin-Brower Puerto Rico Inc. Bo. Candelaria 119,800,000* 72 1985 Food & paper utensils Ferrero, McCain, Coca- Mónica M. Rivera
(787) 474-7100 / (787) 795-0126 Rd. 865, Km. 5.5 Cola, Dade Paper, Assistant General
www.martinbrower.com Toa Baja 00949 Molinos de P.R., Mars, Manager
Goya, Los Cidrines
4/4 Plaza Food Systems Bo. Río Cañas 105,000,000* 95* 1996 Food & supplies N/P José Vélez
(Plaza Warehousing & Realty Corp.) Hwy. 1, Km. 27.9 President
(787) 653-4950 / (787) 747-9660 Caguas 00725
www.plazafoodsystems.com
5/5 Mister Price Inc. Intl. Mercantile Center 78,590,000 76 1961 Dry, refrigerated & Belca, Tyson, Uni-Pro, Luis A. Cáceres
(787) 793-7374 / (787) 792-5514 Bldg. 1 frozen food Cavendish, Code President
lcaceres@belca.com Guaynabo 00965
6/7 Wah-Mey Enterprises Inc. West Gate Ind. Park 10,951,612 13 1976 Frozen food & oriental Wah-Mey, Heinz, Lee Francisco Fong
(787) 275-6300 / (787) 275-6303 3rd St., Lot 2 food products, paper Kum Kee, Koon Chung President
wahmey@prtc.net Cataño 00962 products
7/8 Progressive Sales & Service Inc. 1163 F.D. Roosevelt Ave. 3,000,000 11 1958 Food service equipment Manitowoc, Blendtec, Carlos Berdeguer
(787) 782-7474 / (787) 793-6479 Puerto Nuevo 00920 & supplies Vulcan, Gold Medal, President
www.progressivesales.net True, Kenny Penny
8/9 Puerto Rico Food & Paper Dist. Inc. El Ocho Sector 2,700,000* 11 1991 Plates, knifes, cocktail Termopac, Plastifan, Rubén González
(787) 797-4440 / (787) 279-2700 Rd. 167, Km. 15.5 napkins Fabrikal, Dark, Termo President
puertoricofoodandpaper@yahoo.com Bayamón 00960 Envases
* CARIBBEAN BUSINESS estimate
N/P - Not Provided
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies or obtained from public records.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

As Ranked by ®

PUERTO RICO’S LARGEST


PETROLEUM PRODUCTS WHOLESALERS
(Listed According to 2015 Gross Revenue)
Current/ Company Name Physical Address 2015 No. of No. of Year Main Products Offered Top Executive
Previous Telephone/Fax Gross Gas Full-Time Established Title
Ranking Internet Address Revenue $ Stations Employees in P.R.
1/1 Puma Energy Caribe LLC Centro Intl. de Mercadeo 1,575,000,000* 350 220 2011 Gasoline, diesel, bitumen, Víctor Domínguez
(787) 705-7929 / (787) 705-5331 100 Rd. 165, Suite 804 lubricants, jet fuel, avgas, General Manager
www.pumaenergy.com Guaynabo 00968 liquified petroleum gas
2/2 Total Petroleum P.R. Corp. City View Plaza, Tower 1 740,000,000* 210 112 2004 Jet fuel. avgas, lubricants Pierre-Emmanuel Bredin
(787) 783-4625 / (787) 783-0407 48 Rd. 165, Suite 803 General Manager
www.total.com.pr Guaynabo 00968
3/3 Petrowest Inc. Rd. 345, Km. 1.5 518,000,000 - 50 1983 Diesel, kerosene, gasoline, Robin González
(787) 834-0555 / (787) 833-8060 Hormigueros 00660 fuel oil President
4/4 Sol Puerto Rico Ltd. Torre de la Reina Bldg. 380,000,000* 168 40 1921 Nitrogen-enriched gasoline, Darío E. Amadeo Cedó
(787) 721-0150 / (787) 729-1750 450 De la Constitución Ave. lubricants General Manager
www.solpetroleum.com San Juan 00901
5/5 American Petroleum Co. Inc. Bo. Campanilla 142,000,000* 17 86 1984 Gasoline, diesel, lubricants, Nelson Soto
(787) 794-1985 / (787) 794-2079 Rd. 865, Km. 0.2 kerosene, jet fuel President
www.americanpetroleumpr.com Toa Baja 00949
6/6 Empire Gas Company Inc. Monterrey Urb. 126,000,000 50 95 1967 Propane, butane Ramón González Cordero
(787) 767-2330 / (787) 751-9904 109 Andes St. CEO/President
www.empiregaspr.com Río Piedras 00926
7/7 Empresas de Gas Inc. Corujo Ind. Park 18,500,000 1 85* 1988 Liquified petroleum gas Ramón González Simounet
(787) 786-1229 / (787) 269-4410 Abra Estrecha St., Lot 1 President
www.empresasdegas.com Bayamón 00961
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Unless otherwise noted, all information was provided by the companies.
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

216 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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As Ranked by ®

PUERTO RICO’S TOP 20 WHOLESALERS


(Listed According to 2015 Gross Revenue)
Current/ Company Name 2015 Gross No. of Year Main Products Distributed Top Executive
Previous Location Revenue $ Full-Time Established Telephone/Fax
Ranking Employees in P.R.
1/1 Puma Energy Caribe LLC 1,575,000,000* 220 2011 Gasoline, diesel, lubricants, bitumen, Víctor Domínguez
Guaynabo jet fuel, AvGas, LPG (787) 705-7929 / (787) 705-5331
2/2 Cardinal Health Puerto Rico Inc. 995,000,000* 560* 1969 Medical equipment, pharmaceutical Debbie Weitzman
Guaynabo products (787) 625-4100 / (787) 625-4395
3/3 Total Petroleum P.R. Corp. 740,000,000* 112 2004 Gasoline, jet fuel, AvGas, lubricants Pierre-Emmanuel Bredin
Guaynabo (787) 783-4625 / (787) 783-0407
4/5 Coca-Cola Puerto Rico Bottlers 570,068,400 981 1995 Carbonated soft drinks, bottled water, Alberto de la Cruz
(CCI Limited Partnership) alcoholic & nonalcoholic beverages (787) 288-6400 / (787) 288-6535
Bayamón
5/4 Toyota de Puerto Rico Corp. 553,000,000 107 1994 Automobiles & parts George Christoff
Río Piedras (787) 641-3800 / (787) 281-7732
6/8 Puerto Rico Supplies Group Inc. 520,000,000 1,118 1945 Food, beverage & toiletry products Edwin Pérez
Bayamón (787) 780-4043 / (787) 622-4576
7/7 Petrowest Inc. 518,000,000 53 1993 Petroleum derivates Robin González
Hormigueros (787) 834-0555 / (787) 833-8060
8/6 V. Suárez & Co. Inc. 508,000,000 544 1943 Alcoholic & nonalcoholic beverages, Diego Suárez Jr.
Bayamón food & provisions (787) 792-1212 / (787) 792-0735
9/9 Droguería Betances Inc. 483,500,000 273 1962 Healthcare products Raúl Rodríguez Font
Caguas (787) 653-1200 / (787) 744-7773
10/11 Plaza Provision Co. 410,000,000 520 1907 Consumer products Robert Cimino
Guaynabo (787) 781-2070 / (787) 781-2210
11/12 Motorambar Inc. 404,000,000 168 1965 Automobiles & parts José Ordeix
Cataño (787) 620-0900 / (787) 999-7970
12/10 Sol Puerto Rico Limited 380,000,000* 40 1921 Gasoline, lubricants Darío E. Amadeo Cedó
San Juan (787) 721-0150 / (787) 729-1750
13/14 B. Fernández & Hnos. Inc. 298,950,000 415 1888 Food & beverage José Teixidor Méndez
Bayamón (787) 288-7272 / (787) 288-7291
14/15 Méndez & Co. Inc. 296,000,000 490 1912 Alcoholic beverages, groceries José Arturo Álvarez
Guaynabo (787) 793-8888 / (787) 782-1395
15/17 Ballester Hermanos Inc. 290,000,000 401 1914 Alcoholic beverages, groceries Alejandro M. Ballester
Cataño (787) 378-4851 / (787) 788-6460
16/16 Northwestern Selecta Inc. 284,000,000 350 1980 Fresh & frozen food Elpidio Núñez III
San Juan (787) 781-1950 / (787) 781-1125
17/13 Bella Group 245,173,446 619 1963 Automobiles Carlos A. López-Lay
San Juan (787) 620-7010 / (787) 620-7534
18/18 Suiza Dairy Corp. 226,000,000 811 1942 Dairy products, juices Francisco R. Pérez
Río Piedras (787) 792-7300 / (787) 782-8120
19/19 Sojitz de P.R. Corp. 196,000,000 56 2009 Automobiles Hitoshi Kaneko
(Hyundai de Puerto Rico) (787) 999-3333 / (787) 522-4571
Cataño
20/- José Santiago Inc. 170,000,000 350 1902 Food & related products José E. Santiago
Bayamón (787) 288-8835 / (787) 288-8809
* CARIBBEAN BUSINESS estimate
Number of full-time employees includes part-time employees where applicable (every two part-time employees = one full-time employee).
Research by Marilda A. Quiñones del Castillo
Copyright © 2017 CARIBBEAN BUSINESS

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COMPANY INDEX
COMPANY PAGE(S) COMPANY PAGE(S) COMPANY PAGE(S)

270 Plaza ............................................................................................97 Alpharma Integrated Solutions Corp. .................................... 183 B. Fernández & Hnos. Inc. ................................30, 212, 215, 217
3A Press Corp. .............................................................. 53, 56, 166 Alpla Caribe Inc. .......................................................................... 146 B. Fernández Holding Co. Inc. .............................................42, 58
3M Puerto Rico Inc. .................................................................... 145 Alproem Engineering Contractors Corp. ..........................47, 90 B.V. Properties Inc. ........................................................................89
5 Star Life Insurance Company ................................................. 137 Altol Environmental Services Inc. .............................. 54, 56, 116 Babilonia & Associates PSC ...........................................................87
A Álvarez-Díaz & Villalón .................................................................88 Bacardí Corp. ............................................................................... 143
Ambiente Moderno Inc. ...................................................... 53, 158 Badillo Saatchi & Saatchi.............................................................. 175
A la Orden Discount (El Piex Puertorriqueño Inc.) ..... 53, 158 American Agencies Co. Inc. ........................................ 52, 98, 148 Baker Tilly Puerto Rico CPAs PSC ................................. 163, 172
A&A Waste Management Inc. .................................................. 119 American Airlines Inc. ................................................................ 194 Baldwin School of P.R. ............................................................... 104
A&J Collection Agency Inc. ....................................................... 165 American Caribbean Trucking Co. Inc. ................................. 204 Ballester Hermanos Inc. ............... 30, 42, 56, 58, 212, 215, 217
A.M. Electric Inc. ...............................................................54, 56, 94 American General Life Insurance Company ......................... 137 Ballori & Farré Inc. ...................................................................... 176
A.M.M.V.R. Group Inc. ........................................................ 50, 124 American International Plaza ........................................................97 Banco Cooperativo de Puerto Rico ...................................48, 61
AAA Mini-Almacenes Públicos .................................................. 206 American Lawn Maintenance Inc. ............................................ 118 Banco Popular de Puerto Rico .............................................61, 65
Abacus Architecture PSC ..............................................................88 American Military Academy ...................................................... 104 Banco Popular de Puerto Rico, Real Estate Division ............96
AbbVie Ltd. ................................................................................... 147 American National Insurance Company ................................ 137 Banco Santander Puerto Rico .......................................61, 64, 65
Abcon Media P.R. Inc. ................................................................ 178 American Paper Corp. ..................................................................46 Barquin International Corp. .........................................................77
ABF Freight ................................................................................... 200 American Petroleum Co. Inc. ............................................ 43, 216 Barret Hale & Alamo LLC .............................................................87
Able Sales Company Inc. .................................................... 43, 215 American School ........................................................................... 106 Baxter Healthcare Corp. of P.R. ...................................... 141, 147
ABX Air Inc. ................................................................................. 207 American University of Puerto Rico ...................................... 111 Baxter International Inc. ...............................................................27
Academia Bautista de Puerto Nuevo ..................................... 104 AmeriJet International Inc. ........................................................ 207 Bayamón Oeste Shopping Center ........................................... 157
Academia Cristo de los Milagros ............................................ 104 Amgen Manufacturing Ltd. ................................................. 27, 147 BBC Realty Inc. ...............................................................................99
Academia del Perpetuo Socorro .............................................. 104 Ana G. Méndez University System Inc. .................... 28, 42, 110 BBDO Puerto Rico Inc. ............................................................. 175
Academia Discípulos de Cristo ................................................. 104 Andrés Reyes Burgos Inc. .................................................. 48, 119 BDO Puerto Rico PSC ......................................... 49, 56, 163, 172
Academia Maria Reina ................................................................. 106 Angleshelf of Puerto Rico Inc. .....................................................54 Becton Dickinson Caribe Ltd. ................................................... 141
Aceros de América Inc. ................................................................92 Antiguo Casino de Puerto Rico ............................................... 189 Bella Group ..........................................42, 58, 153, 212, 217, 150
Acevedo Solar System LLC ....................................................... 114 Antilles Insurance Co. ................................................ 46, 136, 137 Bella International LLC .............................................................. 214
Acha Trading Co. ....................................................................48, 92 Antilles Power Depot Inc. ........................................... 52, 56, 214 Bella Vista Hospital Inc. ............................................... 44, 56, 127
Action Cargo Transport Inc. .................................................... 200 Antúnez & Son Produce Inc. .......................................................48 Benchmark Technologies Inc. ...............................................77, 78
Adcom Group Inc. ...................................................................... 177 Aon ................................................................................................. 135 Benítez Auto (Barranquitas Auto Corp.) ....................... 49, 153
Ad-diction Inc. .............................................................................. 177 Apple Caribe Inc. .................................................................. 50, 156 Bennazar, García & Milián CSP ................................................ 170
Adecco Personnel Services Inc. ............................................... 168 Aquino, De Córdova, Alfaro & Co. LLP ................................. 164 Bermúdez, Longo, Díaz-Massó LLC ....................................44, 94
Adrenaline Advertising Corp. ................................................... 176 Arcadis Caribe PSC ............................................................. 87, 116 Berríos Auto Gallery Inc. ................................................... 46, 153
Adsuar Muñiz Goyco Seda & Pérez Ochoa PSC ........... 52, 169 Arco Publicidad Corp. ................................................................ 175 Best & General Services Inc. .................................................... 165
ADT Puerto Rico LLC ................................................................ 181 Arcos Dorados Puerto Rico LLC ...................................... 28, 156 Bird Communications Inc. ......................................................... 174
Advanced Collection Services Inc. .......................................... 165 Arrowpac Inc. ............................................................................... 200 Bird Group LLC ..........................................................48, 56, 90, 93
Advanced Graphic Printing Inc. ......................................... 48, 166 Arteaga & Arteaga Advertising Inc. ......................................... 175 Bismarck Trading Inc. ....................................................................54
Advantage Business Consulting Inc. ........................................ 172 Arteria Publicidad Inc. ................................................................ 177 Black & Veatch Puerto Rico PSC ..........................................87, 93
Advantage Self Storage Inc. ....................................................... 206 Ashford Presbyterian Community Hospital ............. 30, 44, 126 BMJ Foods P.R. Inc. .............................................................. 45, 156
Advertising Developers Inc. ...................................................... 176 Asociación de Suscripción Conjunta del Seguro Bonneville Contracting & Technology Group LLC ................90
Advisement Group Inc. .............................................................. 165 de Responsabilidad Obligatorio .............................. 43, 136, 137 Borinquen Biscuit Corp. ..................................................... 50, 144
Adworks Corp. ............................................................................ 176 Asociación Hospital del Maestro Inc. .............................. 47, 128 Borinquen Container Corp. ............................... 45, 57, 140, 145
Aegis Capital Corp. ........................................................................66 Aspenall Energies LLC ................................................................. 114 Borinquen Metals Corp. ............................................................ 117
AeroNet Wireless Broadband Corp. ........................................80 AT&T .................................................................................................27 Boston Scientific .......................................................................... 141
Aetna Life Insurance Company ................................................ 137 AT&T Corporate Business Solutions ..........................72, 74, 80 BPA Office Supplies Inc. ............................................................ 154
AFD Contract Furniture Inc. .................................................... 171 AT&T Mobility Puerto Rico Inc. ........................................... 72,74 BPP Retail Properties LLC ...........................................................89
AG Group .........................................................................................50 Atento de Puerto Rico Inc. ....................................................... 178 Braulio Agosto Motors LLC .............................................. 44, 153
Agro Servicios Inc. ............................................................... 48, 115 Atlantic University College ....................................................... 111 Brenda Marrero & Associates Inc. .......................................... 167
AIG Insurance Co. Puerto Rico ....................................... 136, 137 Auto Grupo .................................................................................. 153 Bridge Security Services Inc. .............................................. 54, 179
AIP Holdings LLC ............................................................................96 Autocare LLC ...................................................................................50 Bristol-Myers Squibb Manufacturing Co. ................................ 147
Air Cargo Carriers LLC .............................................................. 207 Autocentro Toyota (Autokirei Inc.) .......................... 44, 56, 153 Buena Vibra Group ...................................................................... 175
Air Master Awning LLC ............................... 46, 56, 92, 140, 148 Autogermana BMW ..................................................................... 153 Burckhart Consulting Corp. ..................................................... 172
Aireko Companies ...........................................................42, 56, 90 AutoGrupo ................................................................................43, 56 Burger King (Caribbean Restaurants LLC) ............................. 150
Aireko Energy .............................................................................. 114 Autoland ...........................................................................................52 Burlington Coat Factory ............................................................. 152
Aireko Services ............................................................................ 210 Automeca Technical College Inc. ..................................... 51, 108 Burson-Marsteller ......................................................................... 174
AKM Mfg. Inc. ................................................................. 50, 95, 142 Autos Vega Inc. .............................................................. 46, 56, 153 Bus Shelters Interamericana S.A. Inc. ..................................... 178
Alarm & Control System Co. ................................................... 181 Aval Resources ............................................................................. 168 Business Professional Hirers ...................................................... 167
Alberic Chrysler Dodge Jeep Inc. ..................................... 46, 153 Avant Technologies of P.R. Inc. ............................... 49, 140, 181 Business Tele-Communications Inc. ....................................... 181
Alberic Colón Auto Sales Inc. ........................................... 47, 153 Avara Pharmaceutical Services .................................................. 147
Alberto Hernández Real Estate Inc. ..........................................99 Avis Budget Group ..................................................................... 186 C
Alco High Tech Plastics Inc. ..................................... 52, 145, 146 AXA Equitable Life Insurance Company ............................... 137
Aldarondo & López Bras PSC ................................................... 169 Axiom Trade Inc. ......................................................................... 202 C2 Group Corp. .......................................................................... 174
Alfa Rock ..........................................................................................69 AxisPoint Health .......................................................................... 178 C2S Consulting LLC..................................................................... 172
All Safe Video Suppliers Inc. ..................................................... 181 AZ Engineering LLC ......................................................................87 Cabo Rojo Coop ............................................................................62
Allied Car & Truck Rental Inc. ................................... 50, 56, 186 Cabrera Car & Truck Rental ..................................................... 186
Allied Logistics Corp. ................................................................. 206 B Cabrera Inc. .................................................................... 43, 58, 153
Almacenes del Castillo Inc. ....................................................... 206 Cadillac Uniform & Linen Supply LLC .................................48, 56
Almena Consultants Group Inc. .............................................. 168 B Billboard Corp. ........................................................................ 178 Caguas Auto Mall Inc. .......................................................... 46, 153
Alonso & Carus Iron Works Inc. .............................. 49, 98, 140 B Search .......................................................................................... 167 Caguas Expressway Motors Inc. ................................ 45, 57, 153

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COMPANY PAGE(S) COMPANY PAGE(S) COMPANY PAGE(S)

Caguas Mechanical Contractor Inc. ...........................................53 Chubb Insurance Co. of Puerto Rico ..................................... 136 Cooperativa de Ahorro y Crédito de Rincón ........................47
Calesa Motors Inc. ........................................................ 46, 56, 153 CIB Corp. .........................................................................................53 Cooperativa de Ahorro y Crédito de Vega Alta
Camarero Race Track Corp. .......................................................46 CIC Construction Group S.E. ..............................................44, 90 (VegaCoop) .............................................................................49, 62
Camioneros, Cooperativa de Transporte Cica Collection Agency Inc. ...................................................... 165 Cooperativa de Ahorro y Crédito La Sagrada Familia ..........63
de Carga ......................................................................... 50, 56, 204 Cinemas Management of P.R. Inc. ..............................................44 Cooperativa de Ahorro y Crédito Las Piedras ........................62
Campofresco Corp. .................................................... 46, 140, 143 Ciro Energy Corp. ...................................................................... 114 Cooperativa de Ahorro y Crédito Oriental ............................62
Cancio, Nadal, Rivera & Díaz PSC ........................................... 169 Citibank N.A. Puerto Rico Branch ..............................................61 Cooperativa de Ahorro y Crédito Pepiniana ..........................63
Cangrejos Yacht Club .................................................................. 192 City Office Supplies .................................................................... 154 Cooperativa de Ahorro y Crédito
Caparra Center Associates LLC ..................................................89 City Stationery Inc. ..................................................................... 154 Roosevelt Roads .............................................................49, 56, 62
Caparra Country Club ................................................................ 189 City View Plaza I .............................................................................97 Cooperativa de Ahorro y Crédito San José ............................62
Cape Air ........................................................................................ 194 City View Plaza II ............................................................................97 Cooperativa de Ahorro y Crédito San Rafael
Capital Center Bldg., North Tower ..........................................97 Claridad .............................................................................................70 de Quebradillas .............................................................................62
Capital Center Bldg., South Tower ...........................................97 Claro Puerto Rico ..............................................28, 30, 72, 74, 80 Cooperativa de Ahorro y Créditode Adjuntas ......................63
Capitol Security Police Inc. ......................................... 46, 56, 179 Clean Harbors Caribe Inc. ........................................................ 119 Cooperativa de Ahorro y Créditode Aguadilla .......................63
Capitol Transportation Inc. ...................................................... 203 Club Deportivo del Oeste Inc. ................................................ 192 Cooperativa de Ahorro y Créditode Arecibo (CooPaca) ....62
Carbonell & Co. LLP.................................................................... 164 Club Náutico de Arecibo Inc. .................................................. 192 Cooperativa de Ahorro y Créditode Hatillo (Haticoop) ......63
Cardinal Health PR 218 Inc. ..................................................... 141 Club Náutico de Boquerón Inc. ............................................... 192 Cooperativa de Ahorro y Créditode Rincón ...........................62
Cardinal Health Puerto Rico Inc. ............................................ 217 Club Náutico de Guayama Inc. ................................................ 192 Cooperativa de Ahorro y Créditode Yauco ............................63
Cardiovascular Center of P.R.& the Caribbean .................... 125 Club Náutico de La Parguera Inc. ........................................... 192 Cooperativa de Seguros de Vida de
Careers Inc. .................................................................................. 167 Club Náutico de San Juan Inc. .................................................. 192 Puerto Rico (Cosvi) ........................................................... 44, 132
Caribbean Airport Facilities Inc. .................................................48 CMA Architects & Engineers LLC ........................52, 87, 88, 93 Cooperativa de Seguros Múltiples
Caribbean American Life Assurance Co. .............................. 132 CMC Group LLC ........................................................................ 174 de Puerto Rico ......................................................42, 56, 136,137
Caribbean American Property Insurance Co. ...................... 136 CMFG Life Insurance Company ............................................... 137 Cooperativa de Transporte de Mayagüez ............................. 204
Caribbean Architects & Engine ers .............................................87 Cobian Plaza LLC.............................................................................96 Cooperativa VillaCoop Agustín Burgos Rivera .......................63
CARIBBEAN BUSINESS ...............................................................70 Cobian’s Plaza ...................................................................................97 Cooperativa Zeno Gandía .....................................................54, 62
Caribbean Data System Inc. ..................................................54, 81 Coca-Cola Puerto Rico Bottlers Copa Airlines ................................................................................ 194
Caribbean Display & Construction Inc. .............................52, 56 (CCI Limited Partnership) ......................................143, 212, 217 Corporación Avícola Morovis Inc. .......................................... 115
Caribbean Fast Steel Buildings Co. ............................................98 Coco Río......................................................................................... 189 Corporación Los Hermanos Inc. ................................................50
Caribbean Produce Exchange LLC .................................... 44, 215 Colegio Bautista de Caguas ........................................................ 104 Corporación para el Fomento Económico
Caribbean Restaurants LLC ..................................................28,156 Colegio Bautista de Carolina ..................................................... 106 de la Ciudad Capital (Cofeecc) ..................................................65
Caribbean Sign Supplies Manufacturers Inc. .....................49, 56 Colegio Católico Notre Dame........................................... 30, 104 Corporación Sidif Del Caribe ................................................76, 78
Caribbean Technical Services Inc. ..............................................81 Colegio De La Salle ..................................................................... 104 Corporate Communications Inc. ............................................. 176
Caribbean Temporary Services LLC .......................... 44, 57, 168 Colegio Evangélico Capitán Correa ......................................... 104 Cortelco Systems Puerto Rico Inc. .....................................76, 78
Caribbean University Inc. ................................................... 47, 110 Colegio Lourdes .......................................................................... 106 Cossma Inc. ...............................................................................47, 56
Caribe Federal Credit Union ................................................51, 62 Colegio Marista de Guaynabo ................................................... 104 Costa Bahía Hotel & Convention Center .................... 188, 191
Caribe General Constructors Inc. ...............................50, 56, 90 Colegio Mayor de Tecnología ................................................... 108 Costco ............................................................................................. 150
Caribe Hilton ....................................................................... 190, 188 Colegio Nuestra Sra. de la Providencia .................................. 106 Courtyard by Marriott Isla Verde Beach Resort .................. 190
Caribe Hydroblasting Corp. ..................................................... 116 Colegio Ponceño Inc. ................................................................. 106 CPM (Caribbean Project Management)...............................50, 93
Caribe Industrial Systems Inc. .................................... 55, 56, 145 Colegio Sagrado Corazón de Jesús .......................................... 106 CRB Caribe LLP ..........................................................53, 56, 87, 88
Caribe Shipping Co. Inc. ............................................................ 198 Colegio San Antonio de Padua ................................................ 106 Creative Financial Staffing Inc. .................................................. 168
Caribe Tecno CRL ..................................................................46, 90 Colegio San Ignacio de Loyola ................................................. 106 Crédito Familiar Financial Services Inc. .....................................65
CaribEx Worldwide ............................................. 44, 56, 200, 206 Colegio San José .......................................................................... 106 Critical Hub Networks Inc. .........................................................80
Carlos E. Betancourt Llambias Arquitectos CSP ....................88 Colegio Universitario de San Juan ........................................... 108 Crowd Control Company Inc. ................................................. 181
Carlos Jeep Rental Inc. ............................................................... 186 Colomer & Suárez Inc. ........................................................ 44, 215 Crowe Horwath Vélez ............................................................... 164
Carmelo ........................................................................... 48, 92, 140 Columbia Central University .................................................... 111 Crowley ......................................................................................... 199
Carolina Recycling Corp. ........................................................... 117 Comar Unicon Puerto Rico LLC ............................................. 145 CSA Group ................................................................................... 116
Carrerá Arquitectos PSC .............................................................88 Commercial Centers Management Realty S. en C. ........89, 96 CT Radiology Complex Inc. .................................................48, 57
Carreras Trucking Co. Inc. ....................................................... 204 Commonwealth Parkville School ............................................. 104 Cummins Caribbean LLC ........................................................... 214
Carrier Puerto Rico Inc. ............................................................ 210 Compañía Cervecera de P.R. Inc. ............. 42, 57, 58, 140, 143 Cupeyville School ........................................................................ 104
Carrión, Laffitte & Casellas Inc. (HUB International) ......... 135 Compañía Ponceña de Transporte Inc. ................................. 204 Cushman & Wakefield/Property Concepts Commercial ..... 100
Carvin School Inc. ....................................................................... 104 Computer Integration of Quality Assurance Inc. ................ 183 Custom Research Center Inc. .................................................. 173
CasAmerica International Inc. ..............................................46, 56 Comstat ......................................................................................... 174 CV Corp. ..........................................................................................96
Cascade Water Services Inc. .................................................... 213 Condado Travel Inc. ......................................................................49
Casillas, Santiago & Torres LLC .............................................. 170 Condado Vanderbilt Hotel ............................................... 189, 190 D-E
Castro Business Enterprises Inc. ................................................47 Condado Window Hurricane Protection Inc. ..................... 148
CCL Label San Germán ............................................................. 166 Conservatorio de Música de Puerto Rico .............................. 112 D’Leading Business Solutions LLC .......................................... 164
CDM Caribbean Engineers PSC ..........................................87, 93 Consolidated Waste Services LLC .................................. 44, 119 D’Mart Institute ........................................................................... 108
Cemex de Puerto Rico Inc. .........................................................92 Construcciones José Carro S.E. ..................................................48 Danosa Caribbean Inc. ..................................................................51
Central Industrial Services Inc. ......................................... 53, 116 Constructora Santiago II Corp. ....................................46, 56, 90 Data Supplies Corp. .......................................................................81
Central Waste Services Inc. ..................................................... 119 Constructores Gilmar Inc. ....................................................55, 90 DDB Latina Puerto Rico ............................................................ 175
Centro de Convenciones El Señorial ..................................... 189 Continental Glass Corp. ............................................................ 148 DDB Public Relations .................................................................. 174
Centro de Estudios Multidisciplinarios .................................. 108 Cooperativa de Ahorro y Crédito Abraham Rosa .................63 DDR Corp. ......................................................................................89
Centro Europa ................................................................................97 Cooperativa de Ahorro y Crédito Asociación De Ángel & Compañía CPA CSP ............................................ 164
Centro Gran Caribe ................................................................... 157 de Maestros de P.R. (Edu-Coop)........................................54, 63 De Diego Rental ..............................................................................91
Centro Médico Menonita de Cayey ....................................... 126 Cooperativa de Ahorro y Crédito de Aguada ..................49, 62 De La Cruz Customs Broker Inc. ........................................... 202
Centro Médico Wilma N. Vázquez Cooperativa de Ahorro y Crédito de Arecibo De La Cruz Group Inc. ................................................ 51, 56, 175
(Instituto Médico del Norte Inc.) ................................... 48, 128 (CooPACA) .............................................................................46, 56 De Todo ............................................................................................70
Centrocamiones Inc. ......................................................................48 Cooperativa de Ahorro y Crédito de Barranquitas Del Valle Group & Affiliates .................................................45, 90
Century Packing Corp. ........................................................ 49, 144 (Credicentro-Coop) ..............................................................50, 62 Delgado & Fernández LLC .................................................. 55, 169
César Castillo Inc. ......................................................... 42, 58, 206 Cooperativa de Ahorro y Crédito de Camuy..........................62 Deloitte .......................................................................................... 163
CH Caribe Engineers PSC .....................................................87, 93 Cooperativa de Ahorro y Crédito de Isabela ...................50, 62 Delta Air Lines Inc. ..................................................................... 194
Chamber of Food Marketing, Industry Cooperativa de Ahorro y Crédito de Juana Díaz ...................63 Desarrolladora J.A. Inc. ..........................................................51, 90
& Distribution (MIDA) ................................................................31 Cooperativa de Ahorro y Crédito de Lares Desarrollos Metropolitanos LLC .................................47, 56, 90
Charles Schwab & Co. Inc. ..........................................................66 y Región Central (Larcoop) ........................................................63 Destilería Serrallés Inc. .....................................43, 140, 143, 212
Charlie Car Rental Inc. ....................................................... 53, 186 Cooperativa de Ahorro y Crédito de Manatí ............53, 56, 62 Dewey University Inc. ......................................................... 48, 110
CHC Comunicaciones Inc. ........................................................ 177 Cooperativa de Ahorro y Crédito de Maunabo Deya Elevator Service Inc. ...........................................................48
Chemex Corp. ...................................................................... 50, 213 (MaunaCoop) ................................................................................62 DHL Supply Chain ........................................................................ 206
Christiansen Commercial Real Estate .................................... 100 Cooperativa de Ahorro y Crédito de Médicos y Díaz Bergnes & Cid ...................................................................... 164
Christiansen Insurance Group Inc. .......................................... 135 otros Profesionales de la Salud (MediCoop) ..................52, 62 Diesel Engine Technician Inc. ................................................... 214

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COMPANY PAGE(S) COMPANY PAGE(S) COMPANY PAGE(S)

Dimensión 103 .................................................................................69 Escuela de Artes Plásticas y Diseño de P.R. .......................... 112 GDT LLC ..................................................................................87, 88
DirecTV Puerto Rico Ltd. ......................................................74, 80 Escuela Hotelera de San Juan Inc. ........................................... 108 GE Industrial of P.R. LLC .......................................................... 142
Dish Network Puerto Rico LLC ................................................74 Escuela Preescolar Elemental y Superior Daskalos ............. 106 General Electric ..............................................................................27
Diversified Business Consulting Group ................................. 172 Essroc San Juan Inc. .......................................................................92 General Machinery Contractors Inc. .........................................91
Doctors’ Center Hospital Inc. .............................................42, 58 EST Hardware (Eugenio Serafín Inc.) ..........................................54 General Office Supplies Inc. ...................................................... 154
Doctors’ Center Hospital Manatí ............................................ 126 Estereotempo ..................................................................................69 Genesis Green Systems Corp. ................................................. 114
Dorado Academy ........................................................................ 104 Estrella LLC ................................................................................... 170 Genesis Security Services Inc. .................................... 28, 44, 179
Dorado Health Inc. ........................................................................42 Estudios Técnicos Inc. ....................................................... 172, 173 Genesis Security Services Inc. (Technology Div.) ............... 181
DOT Communications .............................................................. 174 EuroCaribe Packing Co. Inc. ............................................ 144, 215 GeoCim PSC ...................................................................................87
DoubleTree by Hilton San Juan at Gallery Plaza ................. 191 Evertec Inc. ......................................................................................27 GeoConsult Inc. ..............................................................................87
Downtown Development Corp. ................................................89 Excellere Consulting Associates Inc. .........................................76 GFR Media ................................................................................42, 58
Droguería Betances Inc. ............................................... 42, 58, 217 Expeditors International (P.R.) Inc. ................................ 200, 201 GFR Media (Billboards Division) ............................................. 178
Droguería FMC Distributors Inc. ...............................................52 Experis Puerto Rico .......................................................................76 Gil Burgos & Partners Corp. .................................................... 177
DRSI Call Center LLC ............................................................... 178 Extreme Graphics Inc. ................................................................ 166 Girard Manufacturing Inc. .......................................................... 171
Drugs Unlimited Inc. ......................................................................46 Glasstra Aluminum Inc. .............................................................. 148
E. Umpierre Suárez CSP ............................................................ 170 GM Security Technologies ........................................................ 181
F Goldman Antonetti & Córdova LLC ............................... 53, 169
E.C. Waste LLC ............................................................................ 119
EAS Systems Inc. .......................................................................... 181 F&R Construction Group Inc. ..............................................45, 90 Gómez Hermanos Kennedy LLC .............................. 43, 58, 153
Eaton ...................................................................................................27 Falcón Sánchez & Associates PSC ............................................ 164 González Torres CPA Group PSC ......................................... 164
Eaton Corp. Puerto Rico ........................................................... 142 Falcón Sánchez Consulting Group Inc. .................................. 172 González Trading (GT Corp.) .................................... 50, 91, 214
EB Validation Services ................................................................ 183 Goya de Puerto Rico Inc. .............. 44, 140, 143, 144, 212, 215
Famous Caribe Inc. .............................................................. 55, 156
EBI Patient Care Inc. ................................................................... 141 Gramaslindas Landscape Inc. .................................................... 118
Farmacia Americana Inc. ............................................................ 155
ECI Customs Brokerage Inc. .................................................... 201 Gran Meliá Golf Resort Puerto Rico ............................. 188, 190
Farmacia Belmonte Inc. ....................................................... 53, 155
Econo de Isabela (Agustín Morales Inc.) ....................................48 Grand Homes Real Estate ............................................................99
Farmacia Caridad (Barakah Two Thousand
Econo Mega Expreso ......................................................................46 Grand Store Corp. ........................................................ 50, 56, 152
Drugs Corp.) ........................................................................ 47, 155
Econo Ponce (Good Choice Inc.) ................................................46 Graybar International ....................................................................95
Farmacia Del Pozo Inc. ....................................................... 30, 155
E-Cycling Puerto Rico Inc. ........................................................ 117 GRC Executive LLC .................................................................... 167
Farmacia Feliciano Inc. ................................................................ 155
Edge Legal Strategies PSC........................................................... 170 Green Energy Systems Corp. ................................................... 114
Farmacia Ruiz Belvis Inc. ..................................................... 49, 155
EDIC College ................................................................................ 108 GreenCorr Packaging Solutions LLC ..................................... 145
Farmacias Caribe Inc. ................................................................. 155
Editorial Semana Inc. ......................................................................70 Grounds Associates Inc. ............................................................ 118
Farmacias Medina Inc. .......................................................... 50, 155
EDP University of Puerto Rico Inc. ........................................ 111 Grupo Felcon ........................................................................ 44, 153
Farmacias Plaza (José Pérez Fonseca Inc.) ....................... 45, 155
Edwards Lifesciences Technology Sarl ................................... 141 Grupo HIMA-San Pablo Inc. .................................................28, 42
Fast Food Management Inc. ........................................ 52, 56, 156
Efraín Núñez Inc. .................................................................. 46, 215 Grupo Mamery ............................................................................ 176
Fast Office & Computer Supply Inc. ....................................... 154
El Comandante Office Supply Inc. ........................................... 154 Grupo Manufacturero Vázquez ................................................ 148
Federación de Asociaciones Pecuarias Inc. .................... 46, 155
El Conquistador Resort & Las Casitas Village, Grupo Mapfre Puerto Rico .............................................. 136, 137
FedEx Express .............................................................................. 207
A Waldorf Astoria Resort ............................................. 188, 190 Grupo Mente Creativa Inc. ....................................................... 176
FEMBI Mortgage ...............................................................................64
El Mesón Sandwiches (El Mesón de Felipe Inc.) ................44, 56 Grupo Sultana .............................................................. 48, 140, 148
Fernando C. Pujals & Bros. Inc. ........................................ 47, 215
El Nuevo Día ...................................................................................70 Guaraguao Truck Sales Inc. .........................................................47
Ferraiuoli LLC .................................................................. 49, 56, 169
El Nuevo Periódico de Caguas ...................................................70 GVS Inc. ......................................................................................... 183
Fiddler González & Rodríguez PSC ................................. 48, 169
El Oriental ........................................................................................70
Fidelity ................................................................................................69
El Verde Poultry Farms Inc. ...................................................... 115 H-I
Finding Accountants Inc. ............................................................ 167
El Visitante de Puerto Rico ..........................................................70
Fire Control Corp. ..................................................................... 181
El Vocero de Puerto Rico ............................................................70 H. Calero Consulting Group .................................................... 173
First BanCorp. .................................................................................27
Electric Service Corp. ............................................................51, 56 Hampton Inn & Suites San Juan by Hilton ............................. 191
First Hospital Panamericano Inc. ............................................. 128
Eli Lilly & Co. ...................................................................................27 Harbor Bunkering Corp. ..............................................................44
First Medical Health Plan Inc. .............................. 42, 56, 58, 130
EliteBco LLC ....................................................................................77 Hartford Life & Accident Insurance Company .................... 137
First Mortgage .................................................................................64
Embassy Suites by Hilton Dorado del Mar Havas Worldwide Puerto Rico Inc. ........................................ 176
First Pharmacy (Hamed Corp.) ......................................... 49, 155
Beach Resort ..................................................................... 189, 191 HBA Contractors Inc. ...................................................................52
FirstBank Bldg. .................................................................................97
Embassy Suites by Hilton San Juan Hotel & Casino .... 189, 190 Hecho a Mano Inc. ...................................................................... 151
FirstBank Puerto Rico .....................................................60, 61, 65
Emeco Inc. ........................................................................................94 Helvetia Del Caribe Inc. ...............................................................76
Five Development Holdings Inc. .................................................89
EMI Equity Mortgage Inc. ..............................................................64 Hera Printing Corp. ...................................................... 55, 56, 166
Fleishman Hillard Inc. ................................................................. 174
Empacadora Hill Brothers (BEC Co. Inc.) ...................... 45, 215 Hermanos Santiago Cash & Carry Inc. .....................................45
Empire Gas Company Inc. .................................... 43, 56, 58, 216 Flexitank Inc. ....................................................................................47
Hertz .............................................................................................. 186
Empresas Agrícolas de Puerto Rico Inc. ................................ 115 Flexo Rico Inc. .............................................................................. 166
Hewlett-Packard Puerto Rico BV LLC ......................................81
Empresas Berríos Inc. .............................................................43, 56 Fluor Daniel Caribbean Inc. .........................................................90
Hilton Ponce Golf & Casino Resort .............................. 189, 191
Empresas Caparra (Caparra Center Associates LLC) .....47, 96 FM Group Inc. .............................................................................. 177
HLB Parissi PSC .................................................................. 163, 172
Empresas de Gas Inc. ................................................... 49, 56, 216 Foam Pack of Puerto Rico Inc. ................................... 50, 56, 145
Holsum de Puerto Rico Inc. ............................43, 140, 144, 215
Empresas Fonalledas Inc. ..............................................................96 Force Temporary Services Inc. ................................................ 168
Honeywell International Inc. ..................................................... 181
Empresas Fonalledas Inc. & Sister Companies...................42, 58 FPV & Galíndez CPAs PSC ................................................ 54, 163
Hospicio La Paz Inc. .......................................................................47
Empresas La Famosa Inc. ........................................................... 212 Frank Electric Services Inc. ..........................................................94
Hospital Buen Samaritano Inc. .......................................... 46, 128
Empresas Pérez Hermanos ...........................................................48 Fraterfood Service Inc. ..................................................................53
Hospital Damas Inc. ...................................................... 30, 44, 126
Empresas Puertorriqueñas de Desarrollo Inc. ........................89 Fraticelli Trucking Co. Inc. ........................................................ 204 Hospital de la Concepción .......................................... 30, 44, 126
Empresas Santana ...........................................................................46 Fresenius Kabi-Puerto Rico ...................................................... 141 Hospital de Psiquiatría General Dr. Ramón
Empresas VRM ................................................................................47 Fresh ..................................................................................................69 Fernández Marina ...................................................................... 125
Encanto Restaurants Inc. .................................................... 28, 156 Fulcro Insurance Inc. ........................................................... 52, 135 Hospital Episcopal San Lucas Guayama .................................. 128
Enco Manufacturing Corp. ...........................................................49 Full Circle Communications Inc. ............................................. 174 Hospital Español Auxilio Mutuo de P.R. Inc. ... 28, 30, 42, 126
Engineered Parts & Services Inc. ................................................53 Fuller Group .............................................................................28, 45 Hospital Hermanos Meléndez Inc. ................................... 44, 127
Enigma Investments Inc. ...................................................... 45, 156 Fusionworks Inc. ...............................................................55, 56, 76 Hospital HIMA - San Pablo Bayamón ..................................... 126
Enterprise Holdings .................................................................... 186 Hospital HIMA - San Pablo Caguas ......................................... 126
Environics Recycling Services Inc. ........................................... 117 G Hospital HIMA - San Pablo Fajardo ........................................ 128
Environmental Quality Laboratories Inc. ............................... 116 Hospital HIMA - San Pablo Humacao .................................... 128
Environmental Resources Management P.R. Inc. ................. 116 G. Padilla & Co. ........................................................................... 202 Hospital Industrial de la Corporación del
Epic Management of P.R. LLC .....................................................89 G4S Secure Solutions (P.R.) Inc. .............................................. 179 Fondo del Seguro del Estado ................................................. 125
ERC Group ................................................................................... 177 Gaither International P.R. .......................................................... 173 Hospital Menonita de Aibonito ................................................ 126
Ericsson Caribbean Inc. .................................................................74 Ganaderos Alvarado Inc. .................................................... 51, 115 Hospital Menonita de Caguas Inc. ........................................... 127
Ernst & Young Puerto Rico LLC ............................................. 163 Garage Isla Verde LLC ........................................................ 43, 153 Hospital Metropolitano Dr. Susoni .................................. 30, 128
Ertec PSC ...................................................................................... 116 García Trucking Service Inc. .............................................. 50, 204 Hospital Metropolitano San Juan .............................................. 128
Escalate Sciences .......................................................................... 183 Gargiulo P.R. Inc. ......................................................................... 115 Hospital Municipal de San Juan ................................................ 125
Esco Manufacturing Inc. ................................................................98 Gatsby (Komodidad Distributors Inc.) ............................ 48, 151 Hospital Oriente Inc. .....................................................................49

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COMPANY PAGE(S) COMPANY PAGE(S) COMPANY PAGE(S)

Hospital Pavía Arecibo ............................................................... 127 J.F. Montalvo Cash & Carry Inc. ................................ 43, 58, 158 Longo Caribbean Inc. ....................................................................48
Hospital Pavía Hato Rey ............................................................ 128 J.M. Blanco Inc. ................................................................................30 Lopito, Ileana & Howie Inc. ...................................................... 175
Hospital Pavía Santurce .............................................................. 126 Jaca & Sierra Engineering PSC ........................................... 87, 116 Lord Electric Company of P.R. Inc. .....................................46, 94
Hospital Pediátrico Universitario ............................................ 125 Jaime Maduro US Customs Broker ........................................ 201 Los Cidrines (Pastelería Cidrines Inc.) ............................ 48, 140
Hospital Perea Inc. ............................................................... 30, 127 JC Automation Corp. ................................................................. 183 Los Colobos ................................................................................. 157
Hospital San Carlos Inc. ...................................................... 47, 128 JC Penney Puerto Rico Inc. .............................................. 150, 152 LPC & D Inc. .....................................................................46, 56, 90
Hospital San Cristóbal ......................................................... 46, 128 Jeannette Soto Realty ....................................................................99 LT Automation Inc. .................................................................51, 56
Hospital Santa Rosa .......................................................................51 JetBlue Airways ............................................................................ 194 Luis A. Ayala Colón Sucrs. Inc. .................................. 46, 56, 198
Hospital Universitario de Adultos ........................................... 125 Jiménez, Graffam & Lausell ................................................. 55, 169 Luis Garratón LLC ..................................................................43, 56
Hospital Universitario Dr. Ramón Ruiz Arnau .................... 125 JJC Industrial Services Inc. ......................................................... 204 Lutron SM Inc. .............................................................................. 142
Hospital UPR Dr. Federico Trilla JLL/Andrew D. Carlson, a licensee of Jones Lang
(Servicios Médicos Universitarios Inc.) ......................... 45, 127 LaSalle and its Marks ................................................................ 100 M
Hot 102 .............................................................................................69 JLM & Co. LLP .............................................................................. 164
Hubbell Caribe Limited Inc. ...................................................... 142 JMD Communications ................................................................ 175 M.A. Caribbean Corp. ...................................................................51
Huertas College ........................................................................... 112 John Hancock Life Insurance Company (U.S.A.) ................. 137 Macy’s ............................................................................................. 152
Hugo Neu Environmental LLC ................................................ 117 Johnson & Johnson ............................................... 27, 28, 141, 147 Maderera Donestévez Inc. .............................................44, 56, 92
Humacao Community College ................................................. 112 Johnson Controls Inc. ................................................................. 210 Madison Group ..................................................................... 50, 151
Humana - Puerto Rico ............................................................... 130 Jorge Blanco & Asociados ......................................................... 176 Mafico Transport Corp. ............................................................. 204
Humana Insurance of Puerto Rico Inc. .................................. 132 José G. Flores Inc. ....................................................................... 201 Magic ..................................................................................................69
Humberto Vidal Inc. ......................................................................49 José Santiago Inc. ........................................... 30, 42, 58, 216, 217 Magic Logistics .............................................................................. 200
Hyatt Place San Juan/Bayamón ................................................. 191 Juan F. García Inc. ...........................................................................94 Magic Transport & Warehousing ............................................ 206
IBM Corp. ..................................................................................76, 78 Kelly Direct Hire Solutions ....................................................... 167 Malgor & Co. ...................................................................................47
ICPR Junior College .................................................................... 108 Kelly Services Inc. ........................................................................ 168 Manatí Medical Center ............................................................... 126
Idalia Lloréns Collection Agency Inc. ..................................... 165 Kevane Grant Thornton LLP ........................................... 163, 172 Manpower Inc. ............................................................................. 168
IDI Caribe Inc. .............................................................................. 146 Kimco Realty Corp. .......................................................................89 Manuel Ramos Gandía Inc. ........................................................ 202
iedifiko Inc. .......................................................................................96 KIS (Key Integrated Solutions Inc.) ......................................... 176 Mapfre Life Insurance Co. of Puerto Rico ................... 130, 132
IFCO Recycling Inc. .................................................................... 117 Kmart Corp. ................................................................. 28, 150, 152 MAPR Bldg. ......................................................................................97
Ikon Executive & Staffing Solutions ................................ 167, 168 KOI Group .................................................................................... 175 Margo Caribe Inc. ........................................................................ 115
Ikon Group ................................................................................... 172 Koper Furniture Inc. ..................................................... 49, 56, 158 Marichal, Hernández, Santiago & Juarbe LLC ....................... 169
Ikon Insurance Inc. ...................................................................... 135 KPMG LLP ..................................................................................... 163 Marina de Salinas Inc. ................................................................. 192
Impacto Communications ......................................................... 177 KQ 105 .............................................................................................69 Marina Pescadería ........................................................................ 192
Impresos Aponte Inc. ................................................................. 166 Kress Stores of P.R. Inc. ..................................................... 43, 151 Marina Puerto Chico Inc. .......................................................... 192
Impression Associates Inc. ........................................................ 166 Kroma Advertising & Public Relations ................................... 176 Marina Puerto del Rey ........................................................ 50, 192
Inchcape Shipping Services ........................................................ 198 Krone Furniture Corp. ..................................................... 158, 171 Marine Express Inc. .............................................................. 50, 199
INCO Business Furniture .......................................................... 171 Marketing Small Business Finance Corp. ..................................65
Índice .................................................................................................70 L Marpor Corp. ................................................................. 47, 56, 156
Industria Lechera de P.R. Inc. Marriott International Inc. ............................................................27
(Indulac) ...............................................44, 56, 115, 140, 143, 144 La Concha, A Renaissance Resort ................................. 189, 190 Marsh Saldaña Inc. ....................................................................... 135
Industrial Chemicals Corp. ...........................................................54 La Electrical Inc. ..............................................................................95 Marshalls ............................................................................... 150, 152
Industrias Feliciano Aluminum Inc. ............................ 49, 56, 148 La Mega ..............................................................................................69 Martex Farms S.E. ................................................................ 50, 115
Infomedika Inc. ..................................................................51, 56, 76 La Nueva 94 .....................................................................................69 Martin-Brower Puerto Rico Inc. .............................................. 216
Innovative Solutions Inc. ...............................................................76 La Perla del Sur ...............................................................................70 Martínez-Álvarez, Menéndez Cortada &
Inside Media .................................................................................. 178 La Rosa del Monte Express Inc. ........................................ 51, 203 Lefranc Romero PSC ................................................................ 170
Insight Communications Corp. ................................................ 178 La Torre de Plaza ...........................................................................97 Marxuach Precast Solutions LLC ................................................50
Instant Print Corp. .........................................................................81 La X ...................................................................................................69 MassMutual .................................................................................. 137
Instituto de Banca y Comercio ................................................ 108 La Zeta ..............................................................................................69 Matosantos Commercial Corp. ................................. 43, 58, 216
Instituto Tecnológico de Puerto Rico .................................... 108 LabChemS Corp. ......................................................................... 183 Max Chemical Inc. ..........................................................................49
Integra Design Group Architects & Engineers PSC ........87, 88 Laboratorio Clínico Borinquen Inc. .......................... 45, 57, 124 Máximo Solar Industries .............................................. 48, 56, 114
Integrand Assurance Co. ............................................ 46, 136, 137 Laboratorio Clínico Gaudier Inc. ............................................ 124 Mayagüez Mall .............................................................................. 157
Integrated Design Solutions Inc. .............................................. 171 Laboratorio Clínico Juncos Inc. ............................................... 124 Mayagüez Medical Center .................................................. 43, 126
Integrated Services for Productivity & Validation Inc. ....... 183 Laboratorio Clínico Toledo Inc. ................................ 47, 57, 124 Mayagüez Resort & Casino Inc. ........................................ 52, 189
Integration Technology Corp. (Intech) .....................................54 Laboratorio Clínico y Bacteriológico Génesis Inc. ............. 124 Mays Ochoa (Mays Chemical Co. of P.R. Inc.) ............. 46, 213
Inter American University of P.R. Inc. .............. 28, 30, 42, 110 Laboratorio Clínico y Bacteriológico Rodríguez Inc. ......... 124 McCann Erickson Corp. S.A. .................................................... 175
Interamerican Equipment Services Corp. .................................91 Laboratorio Clínico y Referencia McConnell Valdés LLC ........................................................ 47, 169
InterContinental San Juan ................................................. 189, 190 M. Landrón Inc. ............................................................ 52, 56, 124 McDonald’s Corp. ..........................................................................27
International Restaurant Services Inc. ...................... 28, 43, 156 Lamar Advertising of Puerto Rico Inc. ................................... 178 McDonalds (Arcos Dorados Puerto Rico LLC) .................. 150
Inter-Office Supplies Inc. ........................................................... 154 Lanco Manufacturing Corp. ................................................ 45, 140 McQuay Caribe Inc. .................................................................... 210
Interservice Group Inc. ..........................................................89, 96 Landa Umpierre PSC ................................................................... 164 MCS Life Insurance Co. ............................................................. 132
Inter-Strap Packaging Systems Inc. ................................... 54, 145 Landfill Technologies LLC & Affiliates .................................... 116 Me Salvé Inc. ....................................................................................43
Inter-World Customs Brokers Inc. ........................................ 201 Landscape Contractors & Designers LLC ............... 53, 56, 118 Mech-Tech College LLC ..................................................... 48, 108
Inversiones Isleta Marina Inc. ................................................... 192 Las Catalinas Mall ........................................................................ 157 Media Management & Partners ................................................ 177
iPR Pharmaceuticals Inc. ............................................................ 147 Latin Media House LLC & Subsidiary: Medical Card System Inc. (MCS) ............................................. 130
Ipsos Inc. ........................................................................................ 173 DRSI Call Center LLC ................................................................52 Medina Auto Sales Inc. ........................................................ 47, 153
IRI Puerto Rico Inc. ..................................................................... 173 Ledesma, Vargas & Villarrubia PSC ......................................... 169 Medio Externo ............................................................................. 178
IRP Marketing Communications .............................................. 177 Leo Burnett Puerto Rico ........................................................... 175 Medtronic Inc. .................................................................................27
Isla Lab Products LLC ...................................................................46 Lexmark International Inc. Puerto Rico ....................................81 Medtronic PLC ...................................................................... 28, 141
Isla Repossessions & Collections Inc. ..................................... 165 Liana Foods Inc. .......................................................................53, 56 Meet Puerto Rico ...........................................................................31
Island Finance (Santander Financial Services Inc.) ..................65 Lianca Folding Box Inc. ............................................................... 145 Mega-Tran Industrial Corp. ....................................................... 142
Island Stevedoring Inc. ................................................................ 198 Liberty Cablevision of P.R. LLC ....................................72, 74, 80 Méndez & Co. Inc. ........................................ 30, 42, 58, 212, 217
Island Storage & Distribution Inc. ........................................... 206 Liceo de Arte y Tecnología ...................................................... 108 Mennonite General Hospital Inc. .........................................28, 42
Islandwide Group ................................................................. 48, 206 Life Insurance Company of North America ......................... 137 Mentor Technical Group Corp. ................................ 46, 56, 183
Light Gas Corp. ..............................................................................49 Mercantil Plaza ................................................................................97
J-K Lighthouse Market Intelligence Inc. ......................................... 173 Merial Barceloneta LLC ............................................................. 147
Lilly del Caribe Inc. ..................................................................... 147 Merrill Lynch ....................................................................................66
J. Martí Real Estate .........................................................................99 Linde Gas Puerto Rico Inc. ....................................................... 213 Metlife Insurance Company USA ........................................... 137
J. Saad Nazer Inc. ......................................................................... 171 Link Activ ...................................................................................... 178 Metro Island Mortgage Inc. ..........................................................64
J. Walter Thompson P.R. Inc. ................................................... 175 Liquilux Gas Corp. ..................................................................48, 56 Metro Pavía Health System Inc. .............................28, 42, 57, 58
J.A. Riollano Co. Inc. ................................................................... 154 LLM&D PSC .................................................................................. 164 Metro Puerto Rico LLC ................................................................70
J.C. Penney Co. ...............................................................................27 London Consulting Group ......................................................... 172 Metropolitan Industrial Food Service Inc. ................................49

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COMPANY PAGE(S) COMPANY PAGE(S) COMPANY PAGE(S)

Metropolitan Life Insurance Company ................................... 137 Olympic Industrial Inc. ..................................................................98 Plaza Centro Mall ........................................................................ 157
Mi Corredor.com Real Estate Agents ........................................99 On the Grill Food Corp. ........................................................... 156 Plaza del Caribe ........................................................................... 157
Mi Pan Asociados Inc. ................................................. 48, 140, 144 One Stop Prescription P.R. Inc. ........................................ 51, 155 Plaza del Norte ............................................................................ 157
Miguel Calzada Arquitectos .........................................................88 Oneighty° Agency ........................................................................ 177 Plaza del Sol .................................................................................. 157
Milestone Communications Inc. ............................................... 177 Open Mobile (P.R. Wireless Inc.) .................................72, 74, 80 Plaza Escorial ................................................................................ 157
Millenium Collection Agency Inc. ............................................ 165 Oquendo Logistics Inc. ............................................................... 204 Plaza Finance Corp. ........................................................................65
Mini Warehouse .......................................................................... 206 Organization Consulting Group Inc. ....................................... 172 Plaza Food Systems (Plaza Warehousing
Mirabal & Associates .................................................................. 174 Oriental Auto ..................................................................................60 & Realty Corp.) .................................................................. 43, 216
Mister Price Inc. (Belca Group) ........................................ 44, 216 Oriental Center ..............................................................................61 Plaza Guayama .............................................................................. 157
Mitsubishi Motor Sales of Caribbean Inc. .............................. 212 Oriental Financial Services Corp. ...............................................66 Plaza International Puerto Rico LLC .........................................89
MMM Holdings LLC .................................................................... 130 Oriental Mortgage ..........................................................................64 Plaza Las Américas (Shopping Center) .................................. 157
Mocoroa & Castellanos Inc. ..................................................50, 92 Oriental Tower ...............................................................................97 Plaza Las Américas Inc. .................................................................89
Model Offset Printing Corp. ..................................................... 166 Oro 92.5 ............................................................................................69 Plaza Palma Real ........................................................................... 157
ModuFit Inc. .................................................................................. 171 Oscar Super Cash & Carry (Frigorífico & Plaza Provision Co. ....................................... 30, 42, 58, 215, 217
Molinos de Puerto Rico Inc. ............................................ 115, 144 Almacén del Turabo Inc.) ...........................................................45 Plaza Río Hondo .......................................................................... 157
Mondelez International .............................................................. 215 Polytechnic University of Puerto Rico ................................... 111
Money Express (First Federal Finance Corp.) .........................65 P-Q Ponce Health Sciences University ..............................................47
Montalvo Collection Agency .................................................... 165 Ponce Yacht & Fishing Club Inc. .............................................. 192
Monte Real Shopping Center ................................................... 157 P.R. Importing & Stevedoring Co. Inc. ................................... 198 Pontifical Catholic University of P.R. ............................... 44, 110
Monti Moving & Storage ............................................................ 203 P.R. Logistics Corp. ..................................................................... 206 Popular Auto LLC ................................................................ 60, 186
Mors Inc. ....................................................................................54, 81 Pac Tech International Inc. ........................................................ 145 Popular Center ...............................................................................97
Motor Sport Inc. ......................................................................52, 56 Paciv Inc. ................................................................................. 50, 183 Popular Inc. ........................................................................27, 28, 30
Motorambar Inc. ................................................................. 212, 217 Packaging Solutions ............................................47, 140, 145, 146 Popular Mortgage ...........................................................................64
Mozart Advertising LLC ............................................................. 177 Packers Provision (TraFon Group Inc.) ................... 43, 58, 215 Popular Risk Services LLC ........................................................ 135
MSD International GmbH (P.R. Branch) LLC ...................... 147 PacTech International Inc. ......................................................... 146 Popular Securities LLC ..................................................................66
MSSS Inc. ................................................................ 44, 57, 167, 168 Palacios (Ileana Palacios Corp.) ......................................... 54, 158 PopuliCom .................................................................................... 175
Mudanzas Torres Inc. ................................................................. 203 Pan American Grain Mfg. Co. .................................. 44, 115, 140 Power Ads Corp. ........................................................................ 178
Mueblerías Berríos ...................................................................... 158 Pan Pepín Inc. ...................................................................... 140, 144 PR Links Communications Inc. ................................................. 174
Multi-Mortgage Corp. ....................................................................64 Paradigm Associates ................................................................... 176 Praxair Puerto Rico BV .............................................................. 213
Multinational Insurance Co. .............................................. 136, 137 Parador Boquemar ...................................................................... 193 Preferred Home Services Inc. .................................................. 165
Multinational Life Insurance Co. .............................................. 132 Parador Combate Beach ........................................................... 193 Preferred Mortgage Corp. ...........................................................64
MultiSystems Inc. .......................................................52, 76, 78, 81 Parador Costa del Mar .............................................................. 193 Premier Logistics Inc. ................................................................. 206
MultiSystems Restaurants Inc. .................................................. 156 Parador El Buen Café ................................................................. 193 PricewaterhouseCoopers LLP .................................................. 163
MultiSystems Restaurants Inc. & Sister Co. ......................44, 56 Parador El Faro ............................................................................ 193 Prime Controls Inc. .......................................................................95
Muñoz Bermúdez SE ......................................................................97 Parador Guánica 1929 ................................................................ 193 Prime Janitorial Service ..........................................................51, 56
Muñoz Holdings Inc. ...............................................................47, 96 Parador Mauna Caribe ............................................................... 193 Primera Hora ...................................................................................70
Muñoz Metro Office SE ................................................................97 Parador Palmas de Lucía ............................................................ 193 Primerica Life Insurance Company ......................................... 137
Parador Turtle Bay Inn .............................................................. 193 Priority RoRo Services Inc. ......................................... 50, 56, 199
N-O Parador Villa Antonio ................................................................. 193 Prisa Group ......................................................................................47
Parador Villa Parguera ................................................................ 193 ProAssets Inc. ............................................................................... 167
National Label Company P.R. ................................................... 145 Parador Villas Del Mar Hau ...................................................... 193 Procom-Systems .............................................................................81
National Lumber & Hardware (Metropolitan Parador Villas Sotomayor .......................................................... 193 Productos La Finca Inc. ....................................................... 52, 144
Lumber & Hardware Inc.) .................................. 42, 58, 92, 150 Parador Yunque Mar .................................................................. 193 Professional Communications Inc. .......................................... 181
National Shipping of America ................................................... 199 Parque Kofresí .............................................................................. 189 Professional Equipment Corp. .................................................. 214
National University College ...................................................... 110 Parque Las Américas I ...................................................................97 Professional Market Research Inc. .......................................... 173
NDC Customs Brokers & Consultants ................................. 202 Parra, del Valle & Limeres ............................................................30 Progreso Cash & Carry Inc. ........................................................47
NEMF World Transport .......................................................... 200 Party City of P.R. Inc. .............................................................48, 57 Progressive Sales & Service Inc. ............................................... 216
Neolpharma Inc. .......................................................................... 147 Pastelería Los Cidrines Inc. ....................................................... 144 ProHuman Inc. ............................................................................. 168
Nestlé Puerto Rico Inc. .................................................... 212, 215 Patheon Puerto Rico Inc. ........................................................... 147 ProTalents Inc. ............................................................................. 168
Néstor Reyes Inc. ........................................................................ 201 Patio Gallery Inc. .................................................................. 53, 158 Protective Security Systems Inc. .............................................. 181
Netxar Technologies Inc. ......................................................50, 76 Payco Foods Corp. ..................................................................... 215 PSS Pathfinders Inc. ..................................................................... 168
New Energy Consultants & Contractors LLC ........ 53, 56, 114 Pedro L. Carmona Inc. ............................................................... 201 PSV & Co. PSC ............................................................................. 164
New Penn Motor Express ......................................................... 200 Pellot-González Tax Attorneys & Counselors Publicidad Tere Suárez LLC ...................................................... 176
Newmark Grubb Caribbean ..................................................... 100 at Law PSC ................................................................................. 170 Publicis ............................................................................................ 174
Nextility Inc. Puerto Rico .......................................................... 114 PepsiCo Foods Caribbean Inc. ........................................ 144, 215 Publimedia Inc. ............................................................................. 173
Nielsen ........................................................................................... 173 Pepsi-Cola P.R. Distributing LLC .................................... 143, 212 Puerto Rican Pizza Inc. ................................................. 51, 56, 156
Nogama Construction Corp. ......................................................90 Pérez y Cía. de P.R. Inc. ............................................................. 198 Puerto Rico Business Development Corp. ..............................65
Norman Roquette Inc. ............................................................... 145 Perfect Integrated Solutions Inc. .................................................49 Puerto Rico Chamber of Commerce ........................................31
North America Packaging of P.R. Inc. .................................... 145 Perfect Partners Inc. ................................................................... 174 Puerto Rico Coffee Roasters LLC .................44, 115, 140, 144
North Steel Puerto Rico Inc. .......................................................98 Performance Chemicals Co. Inc. ............................................. 213 Puerto Rico Computer Services Corp. ....................................54
Northwestern Selecta Inc. ................................. 42, 58, 215, 217 Periódico El Expresso de Puerto Rico ......................................70 Puerto Rico Convention Center ............................................. 188
NotiUno ............................................................................................68 Periódico El Regional de Guayama ............................................70 Puerto Rico Farm Credit ................................................30, 54, 62
Novus Inc. .................................................................................44, 56 Periódico El Todo ..........................................................................70 Puerto Rico Food & Paper Dist. Inc. ...................................... 216
Nueva Vida .......................................................................................69 Periódico La Cordillera .................................................................70 Puerto Rico Home Builders Association ..................................31
Numeat Packing Inc. ............................................................ 52, 144 Periódico Visión ...............................................................................70 Puerto Rico Hospital Supply ........................................................44
Nypro Puerto Rico Inc. ............................................................. 146 Personnel Recruiting Services Corp. ...................................... 168 Puerto Rico Hotel & Tourism Association ..............................31
O’Neill & Borges LLC .......................................................... 49, 169 Pet Plastics LLC ........................................................................... 146 Puerto Rico International Customs Brokers Inc. ................ 202
Oasis Financial Services (FTL Finance P.R. LLC)......................65 Petrowest Inc. ....................................................... 42, 58, 216, 217 Puerto Rico Manufacturers Association (PRMA) ...................31
Oceanic General Agency Inc. ................................................... 198 Pfizer ..................................................................................................27 Puerto Rico Manufacturing Extension Inc. ............................ 172
Ochoa Realty Corp. .......................................................................96 Pfizer Pharmaceuticals LLC ....................................................... 147 Puerto Rico Medical Defense Insurance Co. (PRMD) ....... 136
Office Gallery Inc. ................................................................ 53, 154 Pharma Consulting Corp. .......................................................... 183 Puerto Rico Packers Inc. ........................................................... 203
OfficeMax/Office Depot Puerto Rico ..................................... 154 Pharma-Bio Serv P.R. Inc. .......................................................... 183 Puerto Rico Premium Outlets ................................................. 157
OFG Bancorp ..................................................................................27 Phasor Engineering Inc. .................................................................87 Puerto Rico Products Association .............................................31
OFX Inc. ........................................................................................ 171 Pietrantoni Méndez & Álvarez LLC ........................................ 169 Puerto Rico Solar Products ...................................................... 114
Ohio National Life Assurance Corporation ......................... 137 PISC Corp. .................................................................................... 165 Puerto Rico Steel Products Corp. ......................................53, 56
Oil Energy System Inc. ............................................................... 117 Planet Solar ................................................................................... 114 Puerto Rico Storage & Distribution Inc. ................................ 206
Oldach Associates LLC ................................................. 46, 56, 210 Plaza 273 ...........................................................................................97 Puerto Rico Storage & Professional Line Movers Inc. ....... 203
Olein Recovery Corp. .................................................. 48, 56, 117 Plaza Carolina Mall ...................................................................... 157 Puerto Rico Supplies Group Inc. ............... 42, 56, 58, 215, 217
Olympic Agency Inc. ................................................................... 135 Plaza Cayey ................................................................................... 157 Puerto Rico United Retailers Association ................................31

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COMPANY PAGE(S) COMPANY PAGE(S) COMPANY PAGE(S)

Puerto Rico Wire Products Inc. ..........................................46, 91 Saint Luke’s Memorial Hospital ......................................... 30, 126 Sun Pro P.R. Inc............................................................................. 114
Puma Energy Caribe LLC ................................................. 216, 217 Sajo García Alcázar ..................................................................... 175 Sun West Mortgage Co. Inc. .......................................................64
Pymes Financial Partners Inc. ......................................................65 Sales & Marketing Executives Association Sunbay Marina Inc. ...................................................................... 192
QBE Optima Insurance Co. ...................................................... 137 of P.R. Inc. (SME) ...........................................................................31 Super Farmacia Vanga Inc. ........................................... 51, 56, 155
QBE Seguros ................................................................................. 136 Salsoul ..............................................................................................69 SuperMax (Supermercados Máximo Inc.) ............... 42, 150, 158
Quality Advertising Services Inc. ............................................. 177 Sam’s Club ..................................................................................... 150 Supermercado Agüeybana Inc. ....................................................44
Quality Construction Services II LLC ................................49, 90 Samuel A. Ramírez & Co. .............................................................66 Supermercado Econo Manatí (Itanam Corp.) ..........................45
Quality Electric Corp. ...................................................................94 San Jorge Children’s Hospital ............................................ 45, 127 Supermercado Facundo Inc. ........................................................44
Quality Equipment Inc. ..................................................................91 San Juan Bay Marina .................................................................... 192 Supermercado Plaza Guayama Inc. .....................................51, 56
Quality for Business Success LLC ........................................... 172 San Juan Gas .............................................................................51, 56 Supermercado Plaza Loíza (Plaza Loíza Corp.) .......................43
Quaoar Solutions Group Corp. ............................................... 183 San Juan Marriott Resort & Stellaris Casino ................ 189, 190 Supermercados Amigo Inc. .............................................. 150, 158
Quest Diagnostics of P. R. Inc. ................................................ 124 San Patricio Plaza ......................................................................... 157 Supermercados Econo Inc. ........................................ 28, 150, 158
Quintana Hermanos Inc. ........................................................30, 54 Santa Rosa Mall ............................................................................ 157 Supermercados Hatillo Kash N’ Karry
Santander Securities LLC .............................................................66 (Hatillo Cash & Carry Inc.) .............................................. 43, 158
Santander Tower ............................................................................97 Supermercados Mr. Special Inc. ........................ 42, 58, 150, 158
R Supermercados Plaza Loíza ....................................................... 158
Santos Office Supply Inc. ........................................................... 154
R.E. Delgado Inc. .......................................................................... 201 SAP Puerto Rico Gmbh LLC .......................................................76 Supermercados Selectos Inc. ........................................... 150, 158
R.F. Mortgage & Investment Corp. ............................................64 Say ................................................................................................... 176 Systema (PR) Inc. ......................................................................... 171
R4 Enterprises Corp. .................................................................. 119 Scanner Overseas of P.R. Inc. ..............................................51, 56 Systronics Inc. .......................................................... 51, 56, 81, 171
Radamés Peña Inc. .............................................................. 154, 171 SCF Arquitectos SRL .....................................................................88
Radio Isla 1320 AM ........................................................................68 Schnitzer Steel P.R. Inc. ............................................................. 117 T
Rafael J. Nido Group ..............................................................45, 92 Schuster Aguiló LLC ................................................................... 169
Rafael Rosario & Assoc. .........................................................77, 78 Scotiabank ........................................................................................64 T.J. Maxx ........................................................................................ 152
Ralph’s Food Warehouse Inc. ........................... 42, 58, 150, 158 Scotiabank de Puerto Rico .............................................30, 60, 61 Tactical Media Group ................................................................. 178
Rama Construction LLC .........................................................54, 90 Sea Air Systems Inc. .................................................................... 206 TAM LLC ..........................................................................................96
Ramallo Bros. Printing Inc. ................................................. 48, 166 Sea Lovers Marina ....................................................................... 192 Tamrio Inc. .........................................................................48, 56, 90
Seaborne Airlines ........................................................................ 194 Tanagua (Energía 2000 Inc.) ...................................................... 114
Ranger American of P.R. Inc. ...................................... 46, 56, 179
Sears Holdings Corp. .....................................................................27 Target Human Resources Solutions ....................... 52, 167, 168
Rank Shipping of P.R. Inc. .......................................................... 201
Sears Roebuck de P.R. Inc. ............................................... 150, 152 Target Point .................................................................................. 178
Raymond James Financial Services Inc. ......................................66
Securitas Security Services of P.R. Inc. .................................. 179 Target Rent A Car Inc. ....................................................... 48, 186
RB Construction Group Inc. ................................................49, 90
Serafín Wholesale Distributors Inc. ...........................................52 Taylor Communications Inc. ..................................................... 166
RCM Technologies Inc. .............................................................. 183
Servicios de Salud Episcopales Inc. ......................................28, 42 TBWA San Juan ........................................................................... 177
RD Capital Group Inc. ..................................................................66
Servimetal LLC ............................................................... 48, 92, 140 Tech Group Puerto Rico LLC ................................................. 146
RE Advertising .............................................................................. 177
Sheraton Old San Juan Hotel .......................................... 189, 191 Technical Industrial Sales Inc. ................................................... 210
Real Business Personnel Corp. ................................................ 168
Sheraton Puerto Rico Hotel & Casino ......................... 188, 190 Techno Plastics Industries Inc. .......................................... 53, 146
Real Estate Center Corp. .......................................................... 100
Shred-it Puerto Rico ................................................................... 117 Technology Partners Inc. ..............................................................76
Reality Realty PSC ................................................................ 99, 100
Sign Engineering Corp. ..................................................................53 Tecnicentros Mundial Inc. ............................................................53
Rebexa Group Inc. ...................................................................... 183
Simed ....................................................................................... 48, 136 Tecno-Lite of P.R. Inc. ............................................................54, 95
Reciclaje del Norte Inc. ............................................................. 117
Simon Property Group .................................................................89 Telecontacto Inc. ......................................................................... 178
Refricentro Inc. ..................................................................... 45, 210
Sinexis Inc. ..................................................................................... 176 Telefónica Business Solutions ...............................................72, 74
Refrigerama Inc. .......................................................................51, 56
Sistema TV .......................................................................................68 Tele-Isla .............................................................................................68
Regulatory Compliance Services Corp. ................................. 183
Sistemas Urbanos Inc. ................................................................ 178 TeleMedik (Jaye Inc.) .................................................................. 178
Reichard & Escalera LLC ........................................................... 169
Skanska USA Building Inc. ......................................................... 183 Telemundo Puerto Rico ...............................................................68
Reliable Financial Services Inc. .....................................................60
Skytec Inc. ........................................................................................74 Terrasa Trucking Inc. ................................................................. 204
ReliaStar Life Insurance Company ........................................... 137
SM Electrical Contractors S.E. ......................................54, 56, 94 Terrassa Concrete Industries ......................................................51
René Ortiz Villafañe Inc. ............................................................ 201
Smart Option Search Inc. .......................................................... 167 The Allied Group ........................................................................ 172
Renova Solutions Corp. .........................................................77, 78
Smurfit Kappa Fibras Internacionales de The Associated General Contractors of America,
Republic Services ......................................................................... 119
Puerto Rico Inc. ......................................................................... 117 Puerto Rico Chapter ...................................................................31
Restaurants Operators Inc. ....................................................... 156
Softek Inc. ...........................................................................49, 76, 78 The Big Think Group ................................................................. 174
RG Engineering Inc. ........................................................................49
Sojitz de Puerto Rico Corp. ............................................ 212, 217 The Cervantes Group Inc. ....................................................77, 78
Ricoh Puerto Rico Inc. ..................................................................81
Sol Moving Group Inc. ............................................................... 203 The Condado Plaza Hilton ............................................... 188, 190
Right Way Environmental Contractors Inc. ........... 51, 56, 116
Sol Puerto Rico Ltd. .......................................................... 216, 217 The Fairbank Corp. ..................................................................... 213
Rimco Inc. ........................................................................ 45, 91, 214 Solar Roots LLC .......................................................................... 114 The Home Depot .......................................................... 27, 92, 150
Rivera & Alejandro ..................................................................87, 88 South American Restaurants Corp. (Sarco) .... 28, 42, 58, 156 The Lincoln National Life Insurance Company .................... 137
RK Power Generator Corp. .............................................. 53, 214 Southern Puerto Rico Chamber of Commerce .....................31 The Mall of San Juan ................................................................... 157
Robinson School ................................................................... 30, 106 Southwest Airlines ...................................................................... 194 The Marketing Center ............................................................... 173
Roche Operations Ltd. .............................................................. 141 Southwestern Educational Society .......................................... 104 The Money House Inc. ..................................................................64
Rodi Cargo Intl. Group Inc. ...................................................... 203 Spartan Staffing Puerto Rico LLC ............................................. 168 The Office of Marvel & Marchand Architects LLP .................88
Rodríguez, Rivera & Toro PSC ........................................ 163, 172 Specialty Office Products (S.O.P. Inc.) ................................... 154 The Office Shop (Double S Stationery Inc.) .................. 54, 154
Roger Electric Corp. ................................................45, 56, 92, 95 Spirit Airlines Inc. ........................................................................ 194 The Outlet 66 Mall ....................................................... 50, 89, 157
Roma BC Inc. ............................................................................... 174 Sprint ..........................................................................................72, 74 The Outlets at Montehiedra ..................................................... 157
Roma Limited Inc. ....................................................................... 151 SQS Inc. ......................................................................................... 206 The Prudential Insurance Company of America .................. 137
Roncoli, Baerga & Associates Inc. ........................................... 165 SSH Movers Inc. ........................................................................... 203 The Retail Group Inc. ....................................................................49
Rooms To Go (P.R.) Inc. ........................................................... 158 St. James Security Services Inc. .................................. 28, 44, 179 The Ritz-Carlton, San Juan ............................................... 188, 190
Rovira Biscuit Corp. ................................................... 45, 140, 144 St. Jude Medical Inc. .......................................................................27 The Security Group Corp. ........................................................ 181
Rovira Foods Inc. ......................................................................... 215 St. Jude Medical P.R. LLC............................................................ 141 The Taco Maker Inc. .................................................................. 156
RR Donnelley de Puerto Rico Corp. ............................ 166, 206 Standard Refrigeration Co. Inc. ....................................50, 56, 94 The Tasis School in Dorado ..................................................... 104
RRC CPA Group PSC ................................................................ 164 Starco Electric Inc. .........................................................................94 The Wendy’s Company ................................................................27
RSM Puerto Rico .................................................. 50, 56, 163, 172 Steel and Pipes Inc. ..........................................................45, 92, 98 The Yacht Club LLC ................................................................... 192
Ryan/Executive Search ............................................................... 167 Steel and Pipes Inc. (A.C. Div.) ................................................. 210 Thermo King Manufactura de P.R. Inc. .................................. 142
Ryder Memorial Hospital Inc. ..................................... 30, 45, 127 Steel Depot & Fabricators Inc. ....................................................98 Thomas & Betts Caribe Inc. ..................................................... 142
Steel Services & Supplies Inc. ...............................................47, 92 Thomas Alva Edison School ...................................................... 106
S Stericycle Communication Solutions ...................................... 178 Thrifty Car Rental ....................................................................... 186
Stericycle of P.R. Inc. .................................................................. 119 Tiendas Capri (J. Pica & Cía. Inc.) ............................. 43, 58, 152
Sachs Chemical Inc. .............................................................. 47, 213 Structural Steel Works Inc. ........................................ 49, 98, 140 Tiendas La Gran Vía Inc. ..................................................... 47, 151
Safetech Corp. .............................................................................. 119 Stryker P.R. Ltd. ........................................................................... 141 Tierra del Sol Inc. ...........................................................................99
Safety-Kleen Systems Inc. .......................................................... 116 Su Tienda Auto Parts ....................................................................49 TIRI (Trans Indies Realty & Investment Corp. , Real Living) .....99
Saint Francis School .................................................................... 104 Subway Island Development LLC ............................................ 156 TJX Companies Inc. .......................................................................27
Saint John’s School ............................................................... 30, 104 Suiza Dairy Corp. .............................................115, 143, 212, 217 T-Mobile Puerto Rico LLC ....................................................72, 74

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COMPANY PAGE(S) COMPANY PAGE(S) COMPANY PAGE(S)

To Go Stores Inc. ..........................................................................45 United Airlines ............................................................................. 194 Volkswagen Kennedy (Euroclass Motors Inc.) ..................52, 56
Tocars Inc. ..................................................................................... 153 United of Omaha Life Insurance Company .......................... 137 VWR Advanced Instruments LLC ............................................ 206
Torcon Inc. ......................................................................................93 United Surety & Indemnity Co. ................................. 47, 56, 136
To-Ricos Distribution Ltd. ......................................................... 215 Universal Group Inc. .................................... 42, 56, 58, 136, 137
To-Ricos Ltd. ........................................................................ 115, 144 Universal Life Insurance Co. ..................................................... 132 W-Z
Toro, Colón, Mullet, Rivera & Sifre PSC ............................... 169 Universal Protection Service LLC ............................................ 179
Torre Chardón ...............................................................................97 W Retreat & Spa - Vieques Island ............................................ 191
Universal Solar Products Inc. ..................................... 50, 56, 114
Torres CPA Group ............................................................ 164, 172 Universidad Adventista de las Antillas ................................... 111 W.R. Recycling Inc. ..................................................................... 117
Toshiba America Business Solutions .........................................81 Universidad Carlos Albizu Inc. ................................... 47, 56, 111 Wah-Mey Enterprises Inc. ........................................... 52, 56, 216
Total Petroleum P.R. Corp. ............................................. 216, 217 Universidad Central de Bayamón Inc. ............................. 50, 111 Walgreen Co. ...................................................................................27
TOTE Maritime Agency Inc. ..................................................... 199 Universidad Central del Caribe.............................................48, 56 Walgreens ..................................................................... 28, 150, 155
Toyota Credit de Puerto Rico Corp. ........................................60 Universidad del Sagrado Corazón ..................................... 46, 110 Wal-Mart Puerto Rico Inc. ...........................................................28
Toyota de Aguadilla (Centro Automotriz Universidad Politécnica de Puerto Rico .....................................46 Walmart Stores .................................................................... 150, 152
Toyota Inc.) ........................................................................... 49, 153 University of Puerto Rico ........................................................... 110 Wal-Mart Stores Inc. .....................................................................27
Toyota de Puerto Rico Corp. ......................................... 212, 217 Univisión Puerto Rico ...................................................................68 Wapa 2 Deportes ............................................................................68
Toyota del Oeste (Empresas Catalino Uno Radio Group (Arso Radio Corp.) ......................................51
WAPA Radio ....................................................................................68
Sánchez Inc.) ......................................................................... 47, 153 UPS .................................................................................................. 207
Wapa TV ............................................................................................68
Trailer Bridge Inc. ........................................................................ 199 Urban Edge Properties ..................................................................89
Trane Puerto Rico LLC ............................................................. 210 Warren-ECM ....................................................................................95
URS Caribe LLP ........................................................................87, 88
Trans Ad Puerto Rico Inc. ........................................................ 178 USIC Life Insurance Co. ............................................................ 132 WD Group/Origami Creative Strategies Inc. ....................... 174
Transamerica Life Insurance Company .................................. 137 V Architecture PSC .......................................................................88 Wendco of Puerto Rico Inc. ...................................... 43, 58, 156
Trans-Oceanic Life Insurance Co. (Tolic) ...................... 47, 132 V. Suárez & Co. Inc. ............................................. 42, 58, 212, 217 Wesleyan Academy ...................................................................... 104
Transporte Rodríguez Asfalto Inc. ......................................51, 56 V.A. Waste Management Corp. ............................................... 119 West Corp. ........................................................................49, 56, 90
Transporte Santiago & JSV Logistics Inc. ............................... 204 V2A LLC ........................................................................................ 172 Western Plaza................................................................................ 157
Transworld Systems Inc. (TSI) ................................................. 165 VA Caribbean Healthcare System ........................................... 125 Western Puerto Rico Chamber of Commerce ......................31
Triangle Dealers/Lexus de San Juan & Ponce .............. 150, 153 Valdés, García, Marín & Martínez LLP .................................... 164 Western Reserve Life Insurance Company
Trinity College of Puerto Rico .................................................. 108 Validation & Engineering Group Inc. ........................ 50, 56, 183 (Transamerica Premier Life Insurance Company) .............. 137
Triple-S Management Corp. ....................................27, 28, 42, 56 Valija Gitana Inc. ................................................................... 54, 151
WestRock Puerto Rico Inc. ...................................................... 145
Triple-S Propiedad Inc. ...................................................... 136, 137 Vantage Consulting Group ........................................................ 183
Triple-S Salud Inc. ........................................................................ 130 Wholesale Electric Caribe Inc. ......................................54, 56, 95
Vaquería Tres Monjitas Inc. ....................30, 115, 140, 143, 212
Triple-S Vida Inc. ......................................................................... 132 Vassallo International Group Inc. .............................. 49, 92, 146 WIAC 740 AM .................................................................................68
Tropical Shipping Agency LLC ................................................. 199 Vega Palau & Co. .......................................................................... 164 Windsor Systems Group of P.R. Inc. ........................................78
Truenorth Corp. .......................................................47, 56, 76, 78 Veintinueve de Febrero Inc. ..................................................... 176 WIPR TV ..........................................................................................68
Twin’s Landscaping Corp. ......................................................... 118 Venegas Construction Corp. ................................................52, 90 WKAQ 580 AM ...............................................................................68
Vent-Alarm Corp. (Valcor) .......................................... 50, 92, 148 WorldNet Telecommunications Inc. ....................46, 72, 74, 80
U-V Vention Medical + Device Manufacturing Service ............... 141 Wovenware Inc. .............................................................................76
Vento Distributors Corp. .............................................................44 Wyndham Grand Río Mar Beach Resort & Spa........... 188, 190
U.S. Security Associates Inc. ..................................................... 179 Verdanza Hotel ................................................................... 189, 191 Xerox Corp. ....................................................................................81
Uboss Corp. ................................................................................. 172 Verizon .......................................................................................72, 74 Y&R San Juan ................................................................................. 175
UBS Financial Services Inc. of P.R. .............................................66 Vias Car Rental ............................................................................ 186
Yauco Plaza Shopping Center I & II ......................................... 157
UHY Del Valle & Nieves PSC .................................................. 164 Vidal & Rodríguez Inc. ................................................................ 135
Yellow Media Group .................................................................... 178
UltraPure Systems Inc. ................................................. 45, 56, 140 Vigilantes Inc. ......................................................................... 54, 179
Union Holdings Inc. .......................................................................96 Vilar Trucking Inc. ....................................................................... 204 Yobel Supply Chain Management Inc. .................................... 206
Union Plaza ......................................................................................97 Villa Marina Yacht Harbour Inc. .............................................. 192 Yordan Realty (Ready for Closing Realty CRL) .......................99
Unipro Architects Engineers LLP ........................................87, 88 Villavicencio & Associates Construction Corp. ......................90 Yum! Brands ....................................................................................27
Unique Chemical Technologies Inc. ................................. 50, 213 Villegas y Asociados-Ingenieros CSP...........................................87 Zayas Morazzani & Co. ...................................................... 164, 172
Unique Properties & Real Estate Services PSC ........................99 Vissepó & Diez Construction Corp. ...........................53, 56, 90 Zimmer Manufacturing B.V. ...................................................... 141

224 THE 2017 CARIBBEAN BUSINESS BOOK OF LISTS

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