In 2017, Grace Marie Valdés succeeded Camalia as president and CEO. In October 2009, the brewery reverted its name to "Compañía Cervecera de Puerto Rico".įrom 2002 to 2017, Camalia Valdés served as president and CEO of the company. In 1985, their main competition, Corona, went bankrupt and left a free way to Cervecería India, which was in full swing after the release of its new product Medalla Light years before. Until that time, India was the only alcoholic beverage producing plant in Mayagüez. In the late 70s, the brewery was forced to expand its portfolio and produce a lighter beer with less calories than their Cerveza India. Medalla beer advertisement on PR-129 northbound. The company competed with two other native beer breweries, "Real" and "Cerveceria Corona" (Cerveceria Corona de Puerto Rico "subsequently sold its trademark rights to Cervecería Modelo de México, which then launched Cerveza Corona as Modelo's Corona Extra)." Alfonso, as chairman and president, successfully led his company converting it into Puerto Rico's largest beer brewery and manufacturer of canned and bottled soft drinks. In 1938, their first beer, Cerveza India, was released to the public. The Valdés brothers were following the example of their father, Don Ramon Valdés, who had founded the Mayagüez Light, Power and Ice Company in 1910. ![]() The company was founded on Novemby the brothers Valdés Cobián: Alfonso, Sabino and Ramón Valdés Cobián, in Mayagüez, the largest city on the west coast of Puerto Rico. The company's main brand is Medalla Light. The Compañía Cervecera de Puerto Rico (formerly known as Cervecería India) is a large brewery in Puerto Rico.
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