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WELCOME!
A big South Dakota welcome to TMone, who opened its second South Dakota location in Spearfish this August. The customer service and tech support center will eventually employ 500, and has been well-received by the community.

Additionally, Black Hills IP cut a ribbon on its new training facility in Rapid City.

UP IN RANKINGS
We are proud to say that South Dakota has been ranked No. 7 in the Pollina Corporate Real Estate Top Pro-Business States. We are up from No. 8 last year.

SEEKING PARTNERS
There are several slots left in the GOED’s cooperative marketing program for the Medical Design and Manufacturing (MD&M) show in Minneapolis this November. If interested, please contact Jen Lambley at 605-773-3301.
 

R&E Campaign begins

 
Gov. R&E visit
  GOED Commissioner Pat Costello, left, and Gov. Dennis Daugaard, center, conduct a Retention & Expansion visit with Monte Gulick, Plant Operations Manager at Baldwin Filters in Yankton earlier this summer.

Beginning this month, 440 home-grown, South Dakota companies can expect a visit from economic development officials as the state’s Retention & Expansion program kicks off.

The visits aim to educate state leaders on the challenges that businesses are facing, and connect companies with the tools and resources they may need. These resources can range from information on state regulations, to financing programs, to workforce development and training needs.

Similar efforts have been launched in the past, but what’s different now is the participation of the Gov. Dennis Daugaard and Lt. Gov. Matt Michels.

“Our homegrown businesses are very important to the state’s economic future,” Gov. Daugaard said. “More than 70 percent of business expansions tracked each year by GOED come from established companies in South Dakota.” Read More

Olympic Pursuit

South Dakota could see an influx of Olympic archers-in-training if the National Field Archery Association’s (NFAA) plan pans out.

In late July, Governor Dennis Daugaard, NFAA officials, and Greg Easton, CEO of Easton Sports, announced the construction of a new Olympic range that will help spring the plan into action.

The new shooting range is a 70-meter range, and is the first of only of its kind in the world. The new range is the final step of the NFAA’s Olympic Pursuit plan, which was announced in September 2010.

“This $1.4 million expansion, we all hope, will put us on the fast track in our ‘Olympic Pursuit’ so that the excellent NFAA complex can be awarded designation in Community Olympic Development Program,” Gov. Daugaard explained at the announcement.

The new facility will add nearly 30,000 square feet to the NFAA’s current facility. In addition to the 70-meter indoor range, a warehouse and distribution center for tournament equipment and repair will also be built. The project is expected to cost $1.4 million and will nine new jobs including Olympic coaches, trainers and support positions.

The NFAA, which is headquartered in Yankton, moved to South Dakota from California in 2007.

 

Information
This is a publication of the Governor's Office of Economic Development. Commissioner-Pat Costello; Deputy Commissioner-Cody Byrum; Marketing and Public Relations Director-Mary Lehecka Nelson; Editor and Designer-Jennifer Lambley. © Copyright 2011