The South Dakota Governor’s Office of Economic Development Board of Economic Development took action at this month’s meeting (Oct. 2023).
Maxwell Construction, LLC of Scotland, doing business as E-Z Flo Grain Handling Systems, was approved for a SD Works loan in the amount of $1,851,312. Funding will be used for construction of a 100,000 square foot building.
TM Industries, LLC of Parkston was approved for a Revolving Economic Development and Initiative (REDI) loan totaling $1,800,000 for construction of a larger facility.
Cole-TAC, LLC of Rapid City was approved for a SD Works loan totaling $343,800 for construction of an additional 10,000 square feet of manufacturing space to an existing building.
Barbeque Twist, LLC of Aberdeen was approved for a SD Works loan totaling $89,875 for equipment, furniture, and fixtures for a new restaurant.
GOED provides financing and incentives to meet the needs of both new and existing companies. For more information, go to https://sdgoed.com/partners/
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