Study shows North Dakota ethanol industry added $623.4 million to state’s economy in 2015

In North Dakota, a study by North Dakota State University’s the Department of Agribusiness and Applied Economics, The Center for Social Research, says the state’s ethanol industry added $623.4 million to the economy during 2015 including 234 FTE direct jobs and another 873 FTE secondary jobs. Secondary impacts from the ethanol industry were $411.1 million for the state’s economy. The state’s five ethanol plants have a combined total of 498 million gallons of installed production capacity.