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Started By
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3
Posted on 1/18/19 at 2:10 pm to The Pirate King
quote:
Seems like a one-way street to me.
Plenty of states are one-way streets. That's a terrible metric.
Posted on 1/18/19 at 2:13 pm to The Pirate King
quote:
Someone more familiar with them will have to tell me what we get from them that we desperately need.
Maybe fruit?
They're a major pharmaceutical manufacturing hub
Posted on 1/18/19 at 2:16 pm to The Pirate King
quote:
Puerto Rico is the fifth largest area in the world for pharmaceutical manufacturing with more than 80 plants, the third-largest biotechnology manufacturer with more than two million square feet and the seventh-largest medical-device exporter with more than 50 plants. The pharmaceutical companies originally came to Puerto Rico in the late 1960s and ’70s to take advantage of a now-expired federal tax incentive known as Section 936, which at one point allowed U.S.-based manufacturers to send all profits from local plants to stateside parent plants without having to pay any federal taxes. Over the years, and because of 936, Puerto Rico turned into a worldwide pharmaceutical hub that currently produces 16 of the top 20-selling drugs in the mainland U.S.
FWIW this article was from 2014
LINK
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