Millions to be Invested in Rural South Dakota with New Dairy and Small Business Expansion

9 Apr 2024


News

The Governor’s Office of Economic Development (GOED) Board of Economic Development and the Economic Development Finance Authority (EDFA) acted at this month’s meeting, approving an up to $55 million bond and a $155,000 loan. The financing for these two projects reflects a capital investment of nearly $191 million and will bring a projected 102 full-time jobs to South Dakota.

“South Dakota’s economy is thriving thanks to continued growth for the ag industry and for our small businesses,” said Governor Kristi Noem. “My Office of Economic Development is working alongside these businesses to help them be successful.”

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