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According to economist Dr. Donis Petersan of the Nebraska Public Power District, a 100 million gallon per year ethanol plant results in:
· Expansion of the local economic base by $233 million per year
· 50 direct jobs plus 101 indirect jobs throughout the area
· Household incomes raised by $7.9 million annually
· Tax revenues of $3.2 million annually
According to the Renewable Fuels Association, an average 100-million gallon per year facility will:
· Add $367 million to the local Gross Domestic Product (GDP) through goods and services bought and sold
· Help create more than 2,400 new jobs across all sectors of the economy - those include more than 1,300 in the agricultural sector