The Footwear Industry in Puerto Rico (Leather Shoes) 1965

Page 1


Economic Development Administration

Office of Economic Researcti

San loan, Puerto Rico

THE FOOTWEAR INDUSTRY IN PUERTO RICO (Leatiier Slioes)

ECCNOMIC DEVELCPMENT ADB.'ÍIMISTRATICN

OFFICE CF SCONOIvSC RSSSARCH SAN JUAN, PUERTO RICO .

THE FOOTWEAR INDUSTRY IN PUERTO RICO (LSATHER SHOES)

May, 19S5

CCMMONWEALTH CF PUERTO RICO

ECONOMIC DEVSLOPMSNT ADMINISTRATION

REGIONAL OFFICES

NEV/ YORK, NEV/ YORK 10019

66S Fifth Avenue

Phone: Gírele 5-1200

CHICAGO, ILLINOIS 60603

79 V/est Monroe Street

Phones: ANdover 3-4887, 3-4888

LOS ANGELES, CALIFORNIA 90036

5455 Wilshire Boulevard

Suite 1403

Phone: WEbster 1-1225

MIAMI, FLORIDA 33131

Du Pont Plaza Center

Suite 709-12

Phone: FRanklin 7-2618

BOSTON, MASSACHUSETTS

607 Boylston Street

Phone; COngress 2-1310

PHILADELPHIA, PA. 19103

Transportation Building 6 Penn Center

Phone: LCeust 8-2665

ST. LOUIS, MISSOURI 63101

Paúl Brown Building 818 Olive Street

Phone: CHestnut 1-5338

TORONTC, CANADA

Fidelity Building 34 King Street, East

Phone: 386-7768

SANTURCE, PUERTO RICO

Banco Popular Building

Ponce de León Avenue

Phone: 723-0040

THE FOOTWEAR

INDUSTRY IN PUERTC RICO (Leather Shoes)

TABLE OF CONTENTS

Section One; Section Tw6;

Industry Perspective in Puerto Rico

Expansión and Diversification

Higher Profits.

Special Advantages

Lower Labor Costs Wages

Incentive Plans

Occüpational Ranges

Fringe Benefits

Large Pool of Capable Workers

Unionization

Special Apprentice Programs

Materials and Services

Market

Shipping Convenience

Ocean Freight Service

Air Cargo

Express Freight Service

Transportation Costs

Section Three:

Case History

The International Shoe Corp. , Consolidated Balance Sheet for International»s Subsidiarles in Puerto Rico

Section Four;

Other Attractions

Freedom from Taxes

Federal

Local

ffigher Net Profits in Puerto Rico

Extra Locational Incentives

Industrial Buildings

Financial Assistance

Section Five;

Section Six:

Directory of Footwear Manufacturers

List of Suppliers in Puerto Rico to the Footwear Industry

HIGHLIGIiTS CF THE FCCTWSAR INDUSTRY IN PUERTO RICO

A, Leather Shoes

1, Seventeen mainland firms, including such leading firms as the International Shoe Corporation, U, S. Shoe Corp., and A, G. Spalding and Brothers, opérate 23 plants in Puerto Rico producing leather shoes,

2, Profits to sales ratio amounted to 10,6% (tax exempt) in 1963.

3, Plentiful supply of productive labor is available at wage rates 43% below mainland ratas,

4, It costs only 2,l/2</ to ship one pair of childrenfs shoes to the U, S. mainland.

5, Ovar 6 million pairs of leather shoes were produced in 1964.

6, Leather shoes shipments to U. S. mainland in 1964 amounted to $23,6 million,

B, Rubber and Plástic Shoes

1, There are nine rubber and plástic shoe plants, including subsidiarios of U, S, Rubber Int'l, Corp, and B, F, Goodrich Footwear Co,, in Puerto Rico,

2, Nearly 7 million pairs were produced in 1964.

3, Rubber footwear shipments to the United States in 1964 amounted to approximately $10,0 million.

Section One . ..

LEx^THER SHCE MANUFACTURE IN PUERTO RICO

Perspective

Expansión and Díversifícatión by Uníted

States Firms

Seventeen U. S. mainland concérns including such leading firms as the International Shoe Corp., U, S, Shoe Corp., and A, G, Spalding and Brothers opérate 23 shoe manufacturing establishments in Puerto Rico which employ over 3,800 persons, Approximately 50% of the firms have been established within the last three years, Employment has doubled in the last five years. Production of leather shoes in 1964 surpassed 6 million pairs,

The industry has diversified to include the manufacture of leather men's, women's and children's dress shoes, infants' shoes, moccasins, women's casuals, and athletic shoes, Constructions used include the cemented, welt, littleway and hand-sewn moccasin,

Raw materials are secured primarily from U, S, mainland suppliers, Leather splits, heels, trimings, containers, shoe boxes and other items can be obtained from local sources,

The bulk of Puerto Rico's shoe production is sold in the U.S, mainland market. Shipments have doubled during the last five years reaching a level of $23.6 million in 1964,

Higher Profits in Puerto Rico

The earnings to sales ratio of Puerto Rico's shoe industry is 10,6% compared to 2,0% for the five leading profitable shoe corporations of the U,S.

mainland industry. Earnings to average equity in Puerto Rico are 24,3%, Cperations in Puerto Rico are ovér five times more profitable than those of the leading firms in tlie U, S, mainland shoe industry.

High profits, attributable to lower labor costs, high productivity and convenient low-cost access to the U, S,- mainland marlcet plus freedom from taxes have been mainly responsible for the continuous expansión of the shoe industry in Puerto Rico,

Section Two

LSATHER SHCE MANUFACTURE IN PUERTO RICO

Special Advanta.t^es

Lower Labor Costs

Wages - The current minimum wage for interstate commerce is 90 cents per hour, Production workers in Puerto Rico's leather shoe industry average $1,02 per hour, This contrasts to the $1,77 average on the U, S, mainland, a.differential of $0.75 per hour,

Trends in Avera.ge Uourly Earnings

Incentiva Flans"Incentiva systems of wage payments apply to most production workarg in the industry, Tlie place ratas are straight-line incentives which have quotas for aach job, VAien tha worker produces abova the quota he receives the same amount for eacli additiona.1 unit produced, When he produces below the quota, maka-up pay is paid to the extent necessary to bring the wor ker's earnings up to the level of the minimum wage, The minimum wage, currently 90 cents per hour, is considered to be the training rate« Vidien an employee is considered by his sipervisor to be adequately trained he is shifted to piece rata work, The incentive system is geared to yield the unskilled, semi-skilled and skilled worker about 10, 20, and 35%, respectively more than the minimum rate. These yields are basad on a level of production equal to a "stateside day's v/ork",

Cccupational Rangas - V/ages for particular occupational skills also reflect very favorable differentials over wages prevailing on the U, S, mainland, The following typical rates prevail in Puerto Rican factories:

Fringe Benefits - Non-wage payrnents by shoe manufacturers average considarably less than the U, S, mainland industry, about 11-15% of payroll,

Legally required employer contributions include: V U, S, Social Security - 3 5/8% of worker's earnings up to $4,800 a year, ' , /' Unemployment Insurance 3,1% of workaT's earnings up to $3,000 a year, . Workmen's Compensation - 1.5% of payroll,

Maternity Leave - Two months at half pay,

Voluntary benefits are gránted by some firms,' These include:

Larga Pool of Capable Labor

Puerto Rico offers shoe manufacturers the opportunity of selecting workers from a labor forcé of 700,000 persons including 85,000 persons who

are currently uneniployed and actively seeking jobs,

The ratio of applicants per employment opportunity is 7 to 1, The Puerto Rico Employinent Service, an affiliate of the United States Smployment Service, assists firms in testing and screening candidates,

The Commonwealth Department of Sducation has long operated an extensivo vocational education program including courses in the leather field, Where desired, on-the-job training is available.

The result of these programs combined with the natural dexterity of Puerto Ricans provides the shoe industry with a competent work forcé achieving quantity and quality of output equal to workers in the United States rnainland shoe industry. The manager of V/ilson Shoe Co, sums up his experience as follows:

"Puerto Rican workers possess greater manual dexterity than I have ever sean. Stitchers, for example, are far superior to their counterparts in the United States shoe industry,"

Unionization

Approximately 12% of the workers in the industry are covered by collective bargaining agreements, These employees are in three of the industry's 23 plants,

Paula Shoe Co,, Inc, and Gentry Shoe Co., Inc,, affiliated firms operating on the same premises in Ponce, have a contract with the United Steel V/orkers of América (AFL-CIO). The main provisions of the two years contract include: a five percent increase in the pleca rate for the first year, four percent the following year; a company contribution to the welfare fund of $8,000 and a life insurance and accident plan offering coverage of $500 the first

year and $1,000 the sacond year, The unión contract covers 3S0 workers.

The third firm - Mariana-María Shoe Corp, has a contract with the Boot and Shoe Workers Unión (AFL-CIO) which covers some 120 employees.

Special Aporentice Programs

New Cn-the Job or Vestibule Training Program for Shoe

Manufacturers; The Econornic Developrnent Administration and the Manpower Developrnent Program, through the Department of Labor, as an exclusive service to the shoe industry, will meet part of the following training expenses: rent on instruction center (if in the manufacturer's plant), instructor's salary, utilities, mataríais and trainee wages,

Learners: With the approval of the Department of Labor, manu facturera may hire trainees at special low mínimum wages: the first 240 hours at 71 cents per hour and a subsequent 240 hours at 76 cents. This program reduces start-up costs and permits manufacturers time to introduce.their own methods and processes, There were 2C0 learners employed in the industry in September 1964.

Mataríais

and Services

At present, thread, eyelets, heels, shoe boards, wax, rubber and rubber compounds, cardboard containers and some types of shoe boxes are obtainable locally. (See Section Six, List of Suppliers in Puerto Rico to the Footwear Industry.) In addition, shoe trimmings and novelties are being manufacturad in Puerto Rico by a subsidiary of Bowcraft Trimming Co. of

New York. Caribbean Adliesives, a subsidiary of Cambridge Chemical and Worthen Caribe Inc,-, a subsidiary of Farmsworth Inc. are producing adhesives for shoes, The latter firm also produces bias bindings for shoes, The Puerto Rico Tanning Corporation, a subsidiary of Loewengart and Company of New York-, has acquired the facilities of the Ponce Tanning Corp,, wMch is devoted to the tamiing and finishing of leather for the shoe industry,

Shoes box blanks will be also available in Puerto Rico soon upon establishment of a modern box plant by M, B» Claff & Sons of Erockton, Mass, Market

Although the bulk of the shoe production is sold in the U. S, mainland market, some local producers sell from 10 to 30% of their production in Puerto Rico, Puerto Rico importa about $18 million worth of shoes from the United States annually, of which leather shoes account for over $17 million.

Local shoe manufacturers find tlüs market a source of additional sales and profits,

: PU3RTO RICO USBS LOTS OF SHOBS

The people of Puerto Rico are very shoe conscious and henee they are also a good market for shoes,

Manufacturers who come here could profit from this very lucrativo market, The people buy lots of shoes and there are many stores here featuring high grade shoes,

V/e are shortly going to make shoes from materials manufacturad in Puerto Rico, This is a step in the broadening out of the industry, Leather, heels, and insoling made in Puerto Rico will make it possible to manufacture

hand-sewn shoes antirsly of locally produq&íi mataríais.

Shipping Convenience

Ocean Freight Service - Botli U, S. rñainland and foreign markets,' as well as offshore sources of raw mataríais, are readily accessible vía low-cost ocean freight, A number of U, S, and foreign steamship lines provide frequent and regularly scheduled service, connecting Puerto Rico with U, S,, European, Central and South América, and other ports. There are over 54 scheduled sailings monthly between Puerto Rico and U, S. Atlantic and Gulf .ports alone, Average sailing time to New York is 3-4 days,

Trailership service, linlding the highway system of Puerto Rico and the U. S, mainland, provides efficient and economical door-to-door pick-up and delivery of truckload shipments. Trailer trucks, loaded and sealed at the shipper's warehouse, travel via highv/ay to dockside, where the trailer is detached and lifted aboard specially designad ships for shipment as selfcontained units, The process is reversad upon arrival at the port of destination. Since goods are completely protected against pilferage, and handling is reduced to a mínimum, insurance and packaging costs are lower.

Air Cargo - Daily service betv/een Puerto Rico and virtually every important U. S, mainland market area is available via five major airlines: Eastern, Pan American, Trans Caribbean Mrways, Delta and Riddle, There is also regularly scheduled direct or connecting service to other parts of the world, Modern equipment and facilities assure fast and dependable service. Flying time between San Juan and New York is only 3 1/2 hours.

Express Freight Service - Manufacturers utilize express freight

servíce for door-to-door delivery of less-than-truckload shipments from píants in Puerto Eico to firms on the mainland, The four leading companies providing this service are Acmé Fast Freight,,Inc,, Valencia Baxt Expresa Co., Malabé Sliipping Co,, and Maritime Trucking COo, Inc,

Transportation Costs - Ccean freight ratas for selected shoe materials from U, S, Atlantic and Gulf Ports to Puerto Rico are as foUows:

Leather, artificial or natural

Cemant

Laces, boot or shoe

Soles

Heels

If raw materials are shipped into Puerto Rico from U, S, Atlantic or Gulf Ports, the total materials freight bilí per pair of shoes manufacturad will average 8 cents.

The ocean freight rate for shoes from Puerto Rico to U. S, Atlantic and Gulf Ports amounts to $0.28 per cubic foot. Typical unit ocean freight costs for different types of shoes are as follows;

Type of Shoe

Men's shoes "VVomen's shoes

Children's shoes

Ths major airlines serving Puerto Rico charge 10</ per pound for 15,000 pounds or over on cargo from New York, The Northbound rata is per pound for shipments of 10,000 pounds or over.

Section Three

LEATHSR SHOB MANUFACTURE IN PUERTO RICO

Case History

The International Shoe Corp. of Puerto Rico

The International Shoe Corp, started operations in Puerto Rico in 1958 and has since expanded to five subsidiar y operations; International Shoe Corp. of Puerto Rico which malees bondwelt shoes; Island Shoe Corp, which manu factures girls' and women's flatties; Manatí Shoe Corp, producing men's and women's hand-sewn littleway shoes and Barceloneta Shoe Corp, which makes men's and boys' hand-sewn shoes. In addition International Shoe Corp, operates a stock fitting plant, All five plants are directed by the same officials. General manager and minority stockholder is Luis Eenftez Carie, a Puerto Rican, The company employs over 1,600 persons with an annual payroll of $3,2 million, The workers are not organizad, Production is approximately 13,000 pairs per day, International Shoe Corp, produces some 4,500 pairs per day which retail from $4,98 to $5,98; Manatí Shoe Corp,, 3,700 pairs a day retailing at $5,98 for women's shoes and $8,98 for men's shoes; Island Shoe Corp., 3,800 pairs a day retailing from $9.98 to $12,98; and Barceloneta Shoe Corp,, about 1,400 pairs per day which retail from $5,98 to $11,98, In 1964 about 6% of the total production was sold locally under the

"Sundial" labal,

Accumulated earnings tlirough 1963 were $2,257,807, increasing from $1,684,519 million in 1962, up by 34%. In the last three years accumulated earnings have almost trippled. Total assets are nearly $4 million, The company's fringa benefits include one week vacation after one year oí service; two weeks after three years; eight paid holidays; life insurance; medical plan; and shoes at cost.

CCNSOLIDAT3D BALANC3 SKS5T FOR SHOE MANUFACTURING

SUBSIDIARIES OF INTERNATIONAL SHOB CORP.

Cash on hand and in banks

Accounts and notes receivable, net

InventorÍes

Depreciable assets, net

Cther assets Total Assets $ 547,415 1,385,410 1,128,700 357,395 18,518 $ 3,437.438 $ 489,947 1,959,922 1,025,119 466,630 38,610 $ 3,980,228 Liabilities and Net Worth

Liabilities

Accounts payable Cther liabilities Net Worth Capital stock issued Earned surplus $ 1, 345,654 187,265 220,000 1, 684,519 Total Liabilities and Net "Worth $ 3, 437.438 $ 1,359,072 149,349 220,000 2,257,807 $ 3.980.228

CTHFR ATTRACTIONS

Freedom from Taxes

Federal - Federal income taxes, personal and corporate, do not apply in Puerto Rico, And you have the benefits of operating within the U, S, business community - with U, S, currency, banking and postal service, with the full protection of U. S. law, courts and armed services.

Local - Puerto Rico wants new industry and grants 100 percent exemption from its own corporate income tax to eligible manufacturers for 10, 12 or 17 years, depending on location, Also exempted are:

Personal taxes on dividend income received by resident stockholders, from 10 to 17 years,

Property taxes from 10 to 17 years.

Municipal taxes and fees from 10 to 17 years,

Excise taxes on raw materials, production equipment and machinery,

Higher Net Profits in Puerto Rico - A firm neting $19,500 after U, S, Corporate Income Taxes would net $25,000 on a similar operation in Puerto Rico, A larger operation neting $526,500 in the U, S, would net $1,000,000 in Puerto Rico,

Extra Locational Incentives

Location in zones of máximum labor surplus qualifies a new enterprise

fpr extra benefits including: cash grants up to $50,000 for 100 employees

applicable to building rental, shipment of machinery, worker training and other approved expenses.

Industrial Buildings

In addition to prívate industrial buildings, it is possible to lease a modern light and airy factory building from the Puerto Rico Industrial Development Company, for as low as 50¿ per square foot per year,

Financial Assistance

The Puerto Rico Industrial Development Company(PRIDCO) and the Government Development Bank complement the abundant sources of prívate capital and help provide loans to industries establishing in Puerto Rico, PRIDCO will also particípate as a minority equity investor, if desired.

Section Five

DIRECTCRY OF FCOTWSAR MANUFACTURERS

Leather Shoes;

Ñame and Location

Abbot Shoa Co., Inc. Roads 867 & 854, Km, 7,8

Toa Baja, P. R.

Aaasco Sports Co. Road 402, ICm. 2,6

Bo, María

Añasco, P, R,

Avanti Shoe Corp, Road 31, Km, 0,9

Naguabo, P, R,

Barceloneta Shoe Corp, Road 681, Km, 2,6

Bo, Palmas Altas

Barceloneta, P, R,

Barranquitas Shoe Corp, Road 156, Km. 17,7

Eo, Honduras

Barranquitas, P. R.

Barry Caribe, Inc, Bo, Higuillales Ferrocarril Street

Dorado, P, R,

Bristol Shoe Corp, Ponce-Adjuntas Road

Km, 1,5, Bo, Canas

Ponce, P, R,

Foot-Mits Shoe Corp, Ponce-Peñuelas Road

Km, 26,3

Ponce, P, R,

Product Manufactured Parent Company Slippers Rosa Shoe Co.

Baseball shoes (spiked) Rawlings Mfg. Co, & A. G. Spalding & Bros,

Men's and bables' shoes "None

Men's shoes

Int'l, Shoe Corp,

Hand-sewn moccasin loafers Ladies' slippers

Envy Footwear Co. R, G, Barry Corp.

Leather moccasins for women, girls, children (Little ways)

Infants', children's and girls' shoes known as "Jumping Jacks" and "Bondwelts"

U, S. Shoe Corp, None

Ñame and Locatíon

Gelshu, Inc.

Barceloneta, P, R,

Gentry Slioe Co., Inc, Pámpanos Road-Km.0.2

Ponce, P. R,

International Shoe Corp. of Puerto Rico Road #2, ICrn. 49,2

Manatf, P. R.

International Shoe Corp. #3 Road #2, ICm. 49,2

Manatf, P. R,

Island Shoe Co., Inc, Road #2, Km. 49.2

Manatí, P. R,

J. J, Shoe Corp.

Ponce-Peñuelas Rd. Km. 26.2

Ponce, P. R.

Kaufman Shoe Corp. Road 107 Bo, Borinquen

Aguadüla, P. R.

Manatf Shoe Corp. Road #2, Km. 49.2

Manatí, P. R.

Marlena-Marie Shoe Corp.

Humacao-Yabucoa Rd. Km, 85.8

Humacao, P. R.

Mayaguez Shoe Corp.

Guanajibo Ind. Subdvt,

Lot 36

Mayaguez, P. R.

Product Manufactured

"Women's shoes

Hand-sewn moccasins

Parent Company

Geller Andrew

Belle Moc Shoe, Inc,

Juveniles' bondwelt shoes

Int'l. Shoe Corp,

Men's and boys' hand sewn shoes Girls' and women's fíats (cement process)

Bables' shoes

Inflo Shoe Corp,

•Inf1. Shoe Corp,

U. S. Shoe Corp.

Shoes and slippers

Welco Shoe Corp,

Men's and women's hand-sewn Littleway shoes

Women's leather sport shoes (knowri as Hurachie Shog)

Int'l. Shoe Corp.

Melody Shoe Corp.

Uppers for shoes

None

Ñame and Location Product Manufacturad

El Morro Shoe Corp. Road 778, Km. 1.1

Pasaren Ind. Devpt. Comerfo, P. R,

Pan American Shoe Co., Inc.

Road 119, Km. 0.5

Camuy, P. R.

Paula Shoe Corp, Road #2, Km. 22.3

Bo. Pámpanos

Ponce, P. R.

Princess Shoe Corp.

Ponce-Peñuelas Road Km. 26.3

Ponce, P. R.

V/ilson Shoe Corp, Road #1, Km, 17.3

Lot 1

Santa Isabel, P, R,

Parent Company

None

Ladies' shoes

Ladies' hand-sewn moccasins

Dexter Shoe Corp.

Men's and boys' shoes

Eelle Moc Shoe, Inc.

Ladies' hand-sewn moccasins

U. S. Shoe Corp.

Men's welt and dress shoes

Rubber and Plástic Footwear

Andrea Shoe Corp. Villalba-Toro Negro Rd. Km, O,3

Villalba, P. R.

Canóvanas Shoe Corp, Bo. Campo Rico Km, 0.9

Canóvanas, P, R.

Clara Shoe Corp, Road 149 VillalbaJuana Díaz Km,62,1

Juana Díaz, P, R,

Women's and children's tennis shoes

Sportwelt Shoe Co.

Comfort Slippers Corp,

Canvas uppers

Converse Rubber Co.

None

Vulcanizad women's and children's tennis shoes

Ñame and Location

Coastal Footwear, Inc.

Campo Rico Eoad

Km. 0,6

Canóvanas, P. R.

Comerfo Shoe Corp, Road 778, Km. C,9

Passarell Ind. Devpt.

Comerfo, P. R,

Cranbar Corp. Road #2, Km. 19.S

Ponce Ind. Devpt.

Ponce, P. R.

Dixon-Ford Shoe Co, Road #701

Salinas Beach Salinas, P. R,

Lori Rubber Co.

Villalba-Toro Negro Rd. Km. 0.2

Villalba, P. R.

Moda Shoe Corp. Bo. Borinquen

Km. 1.4

Aguadilla, P. R,

Sun Mfg. and V/est Mfg. Corps.

Heyliger Ind. Devpt, Mayagiiez, P. R.

Utrilon Industries, Inc.

Sxt. Reparto

Metropolitano 49

Río Piedras, P. R.

William Products Corp. Pooad 992, Km. 0.2

Luquillo, P, R.

Product Manufactured

Canvas shoes with rubber soles

Canvas uppers

Parent Company

Converse Rubber Co. ]nvy Footwear, Inc.

Pmbber shoes

U, S, Rubber Int'l. Corp,

Vulcanizad work boots

Rubber soles

Stanley Rudman and Associates Comfort Slipper Corp.

Rubber solé loafers

"Welco Shoe Corp,

Canvas shoes

Molded plástic shoes

Plástic shoes

B. F. Goodrich Footwear Co. & B.P.G» Akron, Ohio

Stanley, Simmons and Associates Air Baby, Inc.

Section Six

SUPPLISRS IN PUERTO RICO TC THE FOGTWSAR INUUSTRY

Suppliers

Ponce Tanning Corp, Bonaire & Hostos Sts. Ponce, P. R.

P. J. Reselló Villa Street Ponce, P. R.

E. I, Dupont de Nemoirs & Co., Inc.

Mario Juliá Ind. Devpt.

Puerto Nuevo

Hato Rey, P, R.

A, R. Villamil

Los Baños St, #67

Loiza

Santurce, P, R,

Jomar Plástic, Inc. (Marjo Div.)

425 Carpenter Road

Hato Rey, P, R.

The Sheel Chemical Co.

P. O. Box 2032

San Juan, P, R.

Badrena & Pérez

225 Carpenter Road

Rfo Piedras, P. R.

Cyanamid Corp.

1470 Fdez. Juncos Ave.

Santurce, P. R.

Texaco of P. R., Inc.

Stop 2 1/2 Marina

San Juan, P. R.

A. Oscar Rivera

P. O. Box 4032

San Juan, P, R.

Product

Leather splits Leather solé, heelSí thread

Shoe uppers (imitation leather) synthetic rubber adhesives, solvents, etc.

Shoe boards, heels, plástic resins, bindings, sewing machine parts

Plástic shoe heels

Synthetic rubber, chemicals

Synthetic rubber, adhesives, plástics

Rubber compounds Rubber process silks, lubricants

Synthetic rubber, vulcanizing agents, other chemicals

Supplíers Product

Caribbean Adhesivas, Inc, San Lorenzo-Caguas Road

Km, 8.8

San Lorenzo, P, R,

P. Ro Adhesives, Inc,

Luchetti Ind, Devpt, #4 Road 167, Km, 5.0

Bayamón, P, R,

Worthen Caribe, Inc.

Ponce, P, R.

Vi/^illiam B, Topp (Reprs,)

P. O, Box 18001

Hato Rey, P. R,

Peerless Chemicals

P. O. Box 951

Ponce, P, R,

Mobil Gil Caribe, Inc,

Matadero Road

Puerto Nuevo, P. R.

Superior Paint Corp,

Rfo Piedras-Caguas Road

Km, 19,9

Rfo Piedras, P, R,

American Thread Corp.

Perell Inc, Distributors

De Diego Street

Rfo Piedras, P, R.

American & Effird Thread Milis Co.

614 Carpenter Road

Hato Rey, P. R,

Thread of P. R., Inc.

Arroyo, P, R.

Singer Sewing Machine Co.

Rfo Piedras-Caguas Road

Rfo Piedras, P, R,

Adhesives, cements

Plástic resins, cements

Adhesives and bias

Tapes and bindings

Wax and other chemicals

l"'ax,, thinners, -solvents, lubricants

Thiners, solvents

Cotton, nylon and synthetic threads

Cotton, nylon and synthetic threads

Cotton and sjmthetic threads

Sewing machine needles and parts

Supplíer

Edward Distributors 561 Carpenter Road Hato Rey, P, R,

Hato Rey Shoe Trimming Co, Hato Rey Ind, Devpt. Roosevelt Station Hato Rey, P, R,

The Carborundum Co, of P» R., InCo Road 2, Km, 187.9 Mayaguez, P, R,

New York Wiping Products 318 Carpenter Road Hato Rey, P, R,

Po R, Container Corp, Hato Tejas Road, Km, 15,2 Bayamón, P. R,

Caribbean Container Corp, Buchanan-Cataño Road, Km, 2,6 Bayamón, P. R,

Antillas Box Corp, Cataño-Dorado Road, Km. 6,3 Bayamón, P, R,

P, R, Packing Corp, Bo, Sabana Abajo Carolina, P. R,

José Rodríguez Erna Isla Verde Road, Km, 0.6 San Juan, P, R,

Central Cartoon Corp, Road #2, Km, 20.9 Vega Alta, P. R.

Product

Sewing machine needles

Shoe trimmings and novelties

ílrinding wheels, sand paper and abrasivas

Cleaning rags

Corrugated containers

Corrugated containers

Corrugated containers

Shoe boxes - all types of folding boxes

Shoe boxes - all types of setup boxes

Shoe boxes - all types of folding boxes

FCR ADDinONAL INFORMATION CALL OR VISIT ANY CF THS OFFICES OF THE ECONCMIC DSVELOPMSNT ADMINISTRATION USTED ON THS FIRST PAOS CF TRIS PUBLICATION

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The Footwear Industry in Puerto Rico (Leather Shoes) 1965 by La Colección Puertorriqueña - Issuu