PIERRE — The South Dakota Governor’s Office of Economic Development approved projects totaling more than $12 million in capital investment at its monthly meeting.
The actions are …
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PIERRE — The South Dakota Governor’s Office 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 Co. was approved for a $1,326,749 South Dakota Works Loan. The loan will fund the purchase, installation, and support of new equipment at their Aberdeen location. This loan complements a previously approved South Dakota 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 South Dakota Works loan. This funding will be used to expand its corporate headquarters due to space constraints at its current facility.