Economy
In the fertile plains of the Río Valenciano, coffee, fruits, sugar cane and tobacco are grown. The lower left quarter of the municipal Coat of Arms pay homage to tobacco cultivation and sugar cane processing.
Apparel, electronic machinery and electrical equipment, scientific instruments, pharmaceutical and biotechnology industries
Amgen has developed a biotechnology campus for bulk manufacturing in Juncos, with laboratories and manufacturing facilities. Amgen Puerto Rico received FDA approval for bulk manufacturing facilities for Nepogen (Filgrastim), Neulasta (pegfilgrastim), Aranesp and Epogen. Amgen is also adding manufacturing capacity in Juncos to produce Denosumab.
In addition to Amgen there is a Medtronic and Becton Dickinson Caribe Ltd. in Juncos. The Colgate pharmaceutical facility has closed and production shifted to Mexico.
Read more about this topic: Juncos
Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)