POET has Indiana biorefineries in North Manchester, Alexandria and Portland.

InsideIndianaNews.com

SIOUX FALLS, SD and TULSA, OKLA (January 13, 2010) – A proposed ethanol pipeline would be an economic boost for the U.S., a new report demonstrates, creating almost 80,000 direct, indirect and induced jobs across the country.

POET and Magellan Midstream Partners, L.P. have formed a joint venture to assess the feasibility of a 1,800-mile ethanol pipeline from ethanol production facilities in the Midwest, starting at Davison County, S.D., to distribution outlets in the northeast U.S., ending in Linden, N.J. Once the feasibility study is complete, the pipeline would be operational as early as 2014.

A recent report from the consulting firm LECG shows that the majority of the jobs created will be in the construction and transportation industries. More than 50,000 jobs will come from construction alone.

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