San Juan, PR (PRWEB) September 25, 2012
Aero2pr, a site consultant that specializes in attracting aerospace investments to Puerto Rico, has announced the launch of a new website at http://www.aero2pr.com.
Aero2pr is dedicated to providing customized and specialized site location services to companies and individuals in the aerospace, defense and engineering services sectors. Aero2pr works with businesses and investors that wish to establish or relocate their operations to Puerto Rico.
Working side by side with local authorities, Aero2pr seeks to attract aerospace companies to the island, while promoting Puerto Rico’s extensive and innovative tax incentives that offer unique benefits to companies in the aerospace, defense and engineering services sectors. According to Aero2pr’s analysis, companies that relocate their operations to Puerto Rico can benefit from substantially lower total costs, very attractive tax incentives and a highly skilled workforce.
Unlike U.S. mainland states that face shortages and turnover of their highly skilled workforce, Puerto Rico offers near-term solutions to aerospace companies that can hire highly skilled employees in the “STEM” (Science, Technology, Engineering and Mathematics) disciplines while maintaining the integrity of their global competitiveness, their technological innovations and full compliance with U.S national security regulations. Electric Design magazine concluded in an analysis of the island’s competitiveness that: “Puerto Rico offers tax advantages and a lower-cost labor force while allowing work on International Traffic in Arms Regulations (ITAR) contracts without restrictions”.
Puerto Rico’s higher education institutions have been developing Puerto Rico’s next generation aerospace workforce since 2002. Forty percent of college graduates in Puerto Rico have STEM degrees according to the Puerto Rico Industrial Development Company (PRIDCO). Puerto Rican Universities have reputable engineering programs and established research projects in conjunction with major stateside universities, NASA, and the National Science Foundation, among other entities.
“Puerto Rico stands ready to capitalize on the re-shoring trend we are observing in high-tech manufacturing and engineering. We are excited to promote the growth of Puerto Rico’s vibrant and well-respected aerospace industry cluster”, said Petros G. Kitsos, Principal, Aero2pr. Puerto Rico’s aerospace cluster currently hosts, among others, operations of Lockheed Martin, Honeywell Aerospace, Pratt & Whitney/Infotech, Hamilton Sundstrand and Essig Research.
Aero2pr is dedicated to providing customized and specialized site location services to companies and individuals in the aerospace, defense and engineering services sectors. We work with businesses and investors that wish to establish or relocate their operations to Puerto Rico. Aero2pr is an operating business of TBL Companies, LLC and an affiliate of TBL Strategy, a premier strategy consulting firm specializing in the aerospace, defense and diversified industrial sectors.
The trademarks and trade names of the institutions and companies mentioned in this press release are the property of their respective owners.
Contact: Rubi Rodriguez at +1 787-977-7900 or at http://www.aero2pr.com