Grupo Carmelo

CARMELO is a family business established in 1955 by Carmelo Figueroa and his wife Sara Padilla. Starting as a manual masonry manufacturing operation in Naranjito, CARMELO grew fast thanks to the monumental growth that Operation Bootstrap gave to the Puertorican economy. By 1977 CARMELOs principal line of business shifted to the mining, becoming Puerto Ricos principal aggregate manufacturing operator. By 1986, CARMELO achieved a successful second generation transition.