Fesco opening more stations

Future Energy Source Company Ltd (FESCO) plans to open two more dealer-owned service stations this year, which would take its network to 26 islandwide. The expansion follows record sales and rising operating profit, which give the fuel marketer room to grow. Managing Director Jeremy Barnes told the Financial Gleaner that FESCO ended its last financial year with 23 stations. It has since opened one at Sheffield in western Jamaica, taking the network to 24.