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Puerto Rico: Abandoned Building Creates 60 Jobs & Bakery

by Emily Johnson - News Editor
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A vacant building once owned by the Puerto Rico Industrial Development Company (Pridco) in Camuy has been repurposed into a manufacturing facility, creating 60 direct jobs and producing approximately 2,500 pounds of bread daily.

The revitalization of the long-unused Pridco property signals a boost to the local economy and a renewed focus on manufacturing in the region. The new bakery operation represents a significant investment in the Camuy area, providing employment opportunities and increasing local food production. The facility, formerly derelict, now houses a full-scale bakery capable of producing nearly 2,500 pounds of bread each day. The project has directly resulted in the creation of 60 jobs for residents of Camuy and surrounding communities. The transformation of the Pridco building underscores the potential for repurposing existing infrastructure to stimulate economic growth. Details regarding the specific company operating the bakery were not immediately available. The legal framework governing business partnerships in Puerto Rico, including those involving capital and industry, can be found in the Codification of Companies Law. Limited Liability Companies, or CRLs, are also a common business structure in Puerto Rico, as outlined in resources from the University of Puerto Rico School of Law. Businesses operating as Limited Liability Companies may also be eligible for certain government processes, according to a resolution from the Puerto Rico Department of Economic Development and Commerce.

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