?A Magnet for the World's Top Aerospace Companies
Virtually overnight, Puerto Rico has become a magnet for some of the world's leading aviation and aerospace companies. With a long history of manufacturing expertise and a strong pipeline of engineering talent, the island has attracted multimillion-dollar investments by these and other major firms during recent years:
The Puerto Rico Advantage
Puerto Rico is well-positioned to capture a large share of activity in aerospace-related research, innovation, engineering, service and production. Beyond our industrial incentives and federal tax programs, the island also offers the aerospace industry these benefits:
Highly Educated, Skilled Workforce
Puerto Rico is home to two of the top 35 largest engineering programs in the nation at the Polytechnic University of Puerto Rico and the University of Puerto Rico, Mayagüez Campus. More than 20,000 degrees in science, engineering and technology are awarded each year by colleges on the island.
Although Puerto Rico boasts the lowest labor costs of any region under U.S. jurisdiction, the island's bilingual workforce is well known for its high productivity with significant expertise in process development, automation, quality control/assurance, warehousing and more.?