Two Loans Approved at Monthly Meeting


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FOR IMMEDIATE RELEASE
December 11, 2024
Contact: Briana Vande Pol 

TWO LOANS APPROVED AT MONTHLY MEETING 

PIERRE, S.D. – The South Dakota Governor’s Office of Economic Development (GOED) Board of Economic Development approved projects totaling more than $12 million in capital investment at its monthly meeting. The actions are expected to create approximately 48 full-time jobs. 

“Investing in our local businesses is crucial for building a strong economy,” said GOED Commissioner Joe Fiala. “These investments will empower businesses to thrive and provide valuable employment opportunities for local residents.” 

Harris Machine Company was approved for a $1,326,749 SD Works Loan. The loan will fund the purchase, installation, and support of new equipment at their Aberdeen location. This loan complements a previously approved SD Works project that facilitated the company's expansion into Aberdeen and supported earlier equipment purchases. 

Huhu, LLC, a construction company based in Aberdeen, was approved for a $760,000 SD Works Loan. This funding will be used to expand its corporate headquarters due to space constraints at its current facility. 

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