Puma Energy, a Swiss-based global fuel distributor, has picked Puerto Rico to be its new regional headquarters, which is expected to lead to the creation of 230 indirect jobs there.

The firm already has 700 contractors working on construction and environmental rehabilitation of a Puerto Rico terminal, which it acquired in 2011. Puma Energy estimated that from 2011 through the end of the currently-planned projects it will create 3,000 direct and indirect jobs in Puerto Rico, a boost to an economy that had an 14.7% unemployment rate in October. In that month the United States Bureau of Labor Statistics estimates there were 174,400 unemployed Puerto Ricans.

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