32 April 2016 - Business View Caribbean
The Puerto Rico
Manufacturers Association
Maximizing competitiveness
The Puerto Rico Manufacturers Association (PRMA)
is a private, voluntary, non-profit organization estab-
lished in 1928, with the purpose of uniting all Puerto
Rico’s manufacturers and service industries into a
strong and effective body in order to further their mu-
tual interests as they relate to the private and public
sectors of the Commonwealth of Puerto Rico.
According to Francisco Garcia, the Association’s cur-
rent Executive Vice President, the PRMA was in the
forefront of Puerto Rico’s transformation from an ag-
ricultural-based economy to an industrial one. “And
that accelerated significantly during the 1960s, 70s,
and 80s,” he says. “We are now basically an economy
that has almost 50 percent of its GDP (Gross Domestic
