State officials say 3M will expand its manufacturing capabilities in its Brookings facility and add 29 jobs.
The South Dakota Board of Economic Development has approved has a reinvestment payment of up to $234,000 to offset the sales and use tax paid on eligible equipment costs incurred during the project.
The Governor's Office of Economic Development will provide $17,000 in Workforce Development Program funds to assist with new employee training.
3M was the first company to receive approval under the investment program.
Brandon-based Marmen Energy has also been approved for a reinvestment payment of up to $600,000 for the wind tower maker's expansion project.
Most Popular Today
The City's Largest Construction Project Will Impact Thousands
- 2.Retail & Restaurants
Whiffer's Sandwiches Back Open For Business
Costco Citigroup Partnership To Have Impact On Citibank In Sioux Falls
Target Plans $2B In Cost-Cutting Moves
- 5.Retail & Restaurants
Say Anything... Jewelry Opens New Location On Tuesday
New Gymnastics Facility Holds First Classes
- 7.Your Money Matters
Teeing Off A Business
Citigroup Sells OneMain Financial
Fiat Chrysler Brushes Off Snow, Posts 6 Pct Us Sales Gain
- 10.Gas & Energy
South Dakota PUC Approves Rate Hikes For Black Hills Power