NEWS RELEASE
FOR IMMEDIATE RELEASE: Friday, Oct. 14, 2022
CONTACT: Sarah Ebeling, Governor’s Office of Economic Development, 605-773-GOED (4633)
Action taken by Board of Economic Development at monthly meeting
SIOUX FALLS, SD – The Governor’s Office of Economic Development (GOED) Board of Economic Development approved multiple funding applications at its monthly meeting this week.
The following Revolving Economic Development and Initiative (REDI) action was taken:
- A $2,500,000 loan was approved for Watertown Development Company for a new manufacturing facility.
- A $583,500 loan was approved for Phase Technologies of Rapid City for equipment.
The following Reinvestment Payment Program (RPP)…
