Ethanol industry pumps estimated $5 billion into state economy
Ethanol industry pumps estimated $5 billion into state’s economy
Minnesota’s ethanol industry generated more than $5 billion in total economic activity in 2011 and supported more than 12,600 jobs, according to a new report from the Minnesota Department of Agriculture (MDA).
The state’s 21 ethanol plants have the capacity to produce 1.1 billion gallons of ethanol, putting Minnesota fifth nationwide in ethanol production.
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