Born in Ponce, Puerto Rico, in 1904, Luis A. Ferré obtained a master's degree in engineering from the Massachusetts Institute of Technology and became a wealthy industrialist. Back in Puerto Rico, Ferré left the Statehood Republican Party in 1967 and formed the New Progressive Party and was elected governor in 1968. He increased workers' wages and benefits and began development projects that included the construction of roads, beaches and an airport. He died in 2003 in San Juan, Puerto Rico.
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