South Dakota Approves $88 Million in Economic Development Projects, Including $25 Million for Plainview Dairy

Plainview Dairy has been authorized for up to $25 million in bonds to fund the construction of advanced manure management systems. This investment is part of a broader $121 million project that aims to create 148 full-time jobs in Deuel County. The bonds fall under the Livestock Nutrient Management Bond program, which offers tax-exempt bonds to local banks, enabling favorable repayment terms and interest rates for participating businesses.

In addition to the bonds, Plainview Dairy has secured a Reinvestment Payment Program grant, covering up to 51% of state sales and use taxes, capped at $1.53 million. The funding will facilitate the development of a new 10,000-head facility, strengthening the dairy’s operational capacity and environmental sustainability.

“These investments showcase South Dakota’s commitment to economic growth,” said GOED Commissioner Joe Fiala. “We are excited to support local businesses like Plainview Dairy LLC and look forward to their contributions to our state’s economic landscape.”

The state’s strategic focus on fostering business development and supporting agricultural projects is poised to enhance both job creation and rural prosperity in the region.