News By Agency : Governor's Office of Economic Development

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Vantage Point Approved for REDI Fund Loan, Building 25,000 square-foot Expansion
MITCHELL, S.D. – Vantage Point Solutions, a leading broadband and telecommunications engineering and consulting company based in Mitchell, S.D., was approved last week for a $1.35 million REDI (Revolving Economic Development and Initiative) Fund loan by the Board of Economic Development.

GOED rolling out new CDBG program
PIERRE, S.D. – The Governor’s Office of Economic Development (GOED) is pleased to announce the details for the Bulldoze, Build, and Beautify (BBB) activity under the Community Development Block Grant (CDBG) program. GOED has set aside $1 million of its FY 2017 CDBG allocation to support this activity.

Gage Brothers announces construction of new plant in Sioux Falls
SIOUX FALLS, S.D. (July 10, 2017): Gage Brothers today announced the construction of a new plant featuring a multi-million dollar investment in state-of-the-art technology rarely used in the manufacture of precast concrete in the United States.

Hendrix Genetics announces new commercial hatchery in Beresford, SD
Hendrix Genetics is pleased to announce another step in its commitment to the US Turkey Industry: to directly distribute quality Hybrid commercial poults to growers.

Win Chill breaks ground in Foundation Park
SIOUX FALLS, S.D. – The Sioux Falls Development Foundation hosted groundbreaking ceremonies for Win Chill, LLC, the first project in Foundation Park, on Thursday, June 22. Win Chill will now begin construction on a 205,000 square-foot full-service refrigerated foods warehouse and distribution center on a 54-acre site purchased from the Development Foundation that provides adequate space for future expansion of the Win Chill operation in Sioux Falls.

Gov. Daugaard Awards Six Community Development Block Grants
PIERRE, S.D. – Gov. Dennis Daugaard has awarded more than $3.4 million in Community Development Block Grant (CDBG) funds to six projects throughout South Dakota. Blunt, Faith, Lake Andes, Langford, Newell and Veblen will use the approved monies to help fund projects totaling almost $10 million.

Sioux Falls Tower Approved for REDI Fund Loan
SIOUX FALLS, S.D. – Sioux Falls Tower, a telecommunications and wind energy tower contractor, announced its plans to expand as the Board of Economic Development approved a REDI (Revolving Economic Development and Initiative) Fund Loan today. The approved funds will help finance construction expenses of the company’s new 25,000 square-foot facility.

FEATURE STORY: B9Creations Approved for MicroLOAN, doubles employment
RAPID CITY, S.D. – It’s been a pretty remarkable five years since the launch of its first 3D printer, and it’s evident that B9Creations, LLC, isn’t planning on slowing down the pace anytime soon.