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, 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 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.
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