The Puerto Rico Manufacturers Association (PRMA) is a private, non-profit, and voluntary

trade association A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. Through collabor ...

Puerto Rico ; abbreviated PR), officially the Commonwealth of Puerto Rico, is a Government of Puerto Rico, self-governing Caribbean Geography of Puerto Rico, archipelago and island organized as an Territories of the United States, unincorporated territo ...

formed with the intent of joining the

manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer ...

and service industries of Puerto Rico in the same organization. The Association was established in 1928 before

Operation Bootstrap Operation Bootstrap () is the name given to a series of projects which transformed the economy of Puerto Rico into an industrial and developed one. The federal government of the United States together with what is known today as the Puerto Ri ...

and was the entity that suggested the creation of the

Puerto Rico Industrial Development Company The Puerto Rico Industrial Development Company (PRIDCO) — (or simply ''Fomento'')— is a government-owned corporation of Puerto Rico authorized and empowered to attract private capital to Puerto Rico to establish trade, cooperatives, ...

(PRIDCO).

History

The PRMA was established in 1928 but it didn't incorporate until June 26, 1931. In 1939 it suggested the creation of the

(PRIDCO) to promote the economic development of Puerto Rico. In 1973, the association adopted a format that allows manufacturers to talk directly with different government representatives through a caucus. Today, the association remains one of the most prominent trade associations in Puerto Rico as it is the largest association that groups manufacturers on the island.

Presidents

Executive Directors

Notes

References

External links

* {{Authority control 1928 establishments in Puerto Rico Manufacturing in Puerto Rico Organizations established in 1928