FOR IMMEDIATE RELEASE
August 14, 2025
Contact: Briana Vande Pol

BOARD APPROVES FUNDING FOR ENERGY AND MANUFACTURING EXPANSIONS IN SOUTH DAKOTA

PIERRE, S.D. – The South Dakota Board of Economic Development has approved funding for two projects expected to bring a combined investment of more than $26 million and create approximately 52 new jobs in the state.

“These projects reflect that South Dakota is Open for Opportunity!” said Governor Larry Rhoden. “From adding high-tech energy capabilities in the west to expanding advanced manufacturing in the east, South Dakota is creating jobs and strengthening our economy statewide.”

COAXIS LNG Processing, LLC was approved for an SD Works Loan of up to $1.2 million to design, build, and operate a liquefaction facility in Buffalo, SD. The project will use natural gas from orphan wells, which will be liquefied, stored, and transported to end users.

Spartan Fire LLC was approved for up to $636,300 through the Reinvestment Payment Program. The Brandon facility will expand to include a world-class paint facility and a new assembly plant, increasing production capacity and reducing lead times.

“When companies choose South Dakota for growth, it’s a win for our workforce and our communities,” said GOED Commissioner Bill Even. “These projects will create quality jobs and long-term value for the state.”

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