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Iowa Ethanol Boom Creates 600 Jobs
By Mr Ethanol | June 4, 2007
KTIV:
Nearly 600 new jobs in the ethanol industry may be created in Iowa over the next three years in fields like biofuels and biotechnology. But according to David Swenson, an associate scientist in economics at Iowa State University, the state could then potentially reach a saturation point.
Swenson said that between 25 to 30 plants will likely become operational in Iowa by 2010. That would bring the total number to more than 50. According to Swenson, about a third of the new jobs would be for college graduates with degrees in biotechnology.
But he warned against planning for a long-term period of growth. Swenson says that the state doesn’t have enough corn to accommodate more than a total of 60 ethanol plants. Swenson also says that alternative methods of producing ethanol are still in early stages of development.
Topics: BizOp, Ethanol, Industry, News, Positives |
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