Learn more about relocating or expanding to South Dakota

South Dakota business climate, manufacturer incentives, and advantages of SD communities

Relocate or Expand to South Dakota - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the South Dakota business climate, manufacturer incentives, and advantages of SD communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
South Dakota Business Data*

South Dakota

Population: 812,383
Total Labor Force: 449,900
Unemployment Rate: 3.6%
Number of Manufacturers: 1,310
Manufacturing Jobs: 47,853
Right to Work: Yes
Unemp. Ins. Tax: 09.5%
 
Corporate Income Tax:
None

Sales Tax:
4%

Property Tax:
Ranges from 1-4% of actual value. Property assessed at 85% of market value.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
19% Food and kindred products
15% Industrial machinery and equipment
9% Miscellaneous manufacturing industries
8% Fabricated metal products
7% Lumber and wood products

Largest Manufacturing Establishments:
(by number of employees)
John Morrell & Co. (Sioux Falls) - 3,100
Daktronics, Inc. (Brookings) - 1,600
Dakota Turkey Growers, LLC (Huron) - 850
3M Co. (Brookings) - 850
Link Snacks, Inc. (Alpena) - 650
StarMark Cabinetry (Sioux Falls) - 650
Tyson Fresh Meats, Inc. (Dakota Dunes) - 650
 
Counties with the Most Manufacturing Jobs:
Minnehaha - 15,669
Brookings - 4,766
Pennington - 4,201
Codington - 3,956
Brown - 3,225

Cities with the Most Manufacturing Jobs:
Sioux Falls - 14,403
Brookings - 4,434
Rapid City - 3,996
Watertown - 3,953
Yankton - 3,132

Manufacturing Related Business Incentives:
Tax refunds (sales, use & contractors' excise taxes) for new and expanding businesses
Property tax abatement program (forgives up to 100% of property taxes on a new structure or addition to an existing one)
Zero personal income tax; Zero personal property tax; Zero business inventory tax
REDI (Revolving Economic Development and Initiative) Fund
Economic Development Finance Authority (EDFA) Pooled Bond Program
Workforce Development Training Grant
Economic Development Finance Authority (EDFA)
SBA 504 Loan Program
APEX Loan Program
MicroLOAN South Dakota Loan Program


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Yankton Office Of Economic Development
Economic development works with partners in the community to retain, expand & attract primary jobs, businesses & investments.
803 E. 4th St., Yankton, SD 57078 (Map & Aerial View)
(605) 665-9011
www.yanktonedc.com




Looking to reach South Dakota manufacturers? Access the South Dakota Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/17/2014.

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