PIERRE, S.D. – The South Dakota Board of Economic Development approved funding for three projects expected to contribute more than $136 million in capital investment and create an expected 23 additional jobs across the state.

“Ag is king in South Dakota, and these projects support the industries that keep our state strong,” said Governor Larry Rhoden. “They help our farmers, create opportunities for businesses, and ensure our communities will continue to grow and thrive for generations to come.” 

The board approved a Reinvestment Payment Program grant for Dakota Ethanol LLC in Wentworth of up to $1,499,027. The project includes four new fermentation tanks and upgraded infrastructure that will increase production capacity to 150 million gallons annually.

The board also approved a South Dakota Jobs Program grant for Agtegra Cooperative of up to $254,243 to support construction of a 100,000-ton-per-year feed mill in Faulkton. The project will expand feed production for swine and poultry operations and includes additional equipment and transportation capacity.

A second South Dakota Jobs Program grant for Agtegra Cooperative of up to $85,835 was approved to support expansion of fertilizer manufacturing and storage operations in Ipswich, Bath, Kennebec and McLaughlin. The project includes new storage tanks, packaging systems and warehouse expansion, doubling fertilizer production capacity.

“When South Dakota companies reinvest and expand, it strengthens key industries and supports long-term opportunity for our workforce and communities,” said GOED Commissioner Bill Even. “These projects highlight continued growth in South Dakota’s agriculture and value-added manufacturing sectors.”

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