The South Dakota Governor’s Office of Economic Development (GOED), Board of Economic Development, and the Economic Development Finance Authority (EDFA) recently approved projects that are expected to contribute more than $176 million in capital expenditure and 175 full-time jobs across South Dakota.
“When businesses grow in our small towns, it creates a ripple effect that strengthens the whole community,” GOED Commissioner Bill Even said in a release. “Each of these projects represents a partnership between the state, local leaders, and business owners working together to move South Dakota forward.”
A Reinvestment Payment Program grant of up to $1.3 million was approved for Century Swine RE, LLC, under Pipestone Management, to support construction of a 12,000-head breed-to-wean sow farm in Edmunds County. GOED notes the new facility will raise piglets to be grown and marketed, creating local jobs and sourcing feed and utilities from nearby vendors.
Hord Family Farms of SD, LLC, under Pipestone Management, also received a Reinvestment Payment Program grant of up to $862,806 to support construction of an 8,773-head breed-to-wean sow farm in Miner County. The facility will enhance local agricultural output and create new employment opportunities in the region, GOED said in a release.