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
- 1.Your Money Matters
Some Online Shoppers Pay More Than Others
- 2.Retail & Restaurants
Computer Glitch Affects Gordmans Shoppers
Record Year For Raven Aerostar Balloons In Macy's Thanksgiving Day Parade
- 4.General, Retail & Restaurants
Big Pizza Business On Day Before Thanksgiving
Deadwood October Gaming Revenue Up Over Last Year
Travelers Expect Delays For Thanksgiving Flights
Wednesday Morning Business Brief
Wednesday Afternoon Business Brief
Wednesday Evening Business Brief