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Report: Ethanol industry pumps $5 billion into Minnesota 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, the Alexandria Echo Press reports.
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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, the Alexandria Echo Press reports.

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Judging reports from six Minnesota ethanol plants this quarter, the industry needs something to turn up the gas. The Star Tribune reports that of five of the six companies that reported earnings didn't turn a profit.

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