Investing in Area Growth

The saying: “If you build it, they will come” was adapted from the movie Field of Dreams. The idea originally applied to a baseball diamond but it translates well to the field of economic development. Infrastructure is clearly a prerequisite for growth.

With an eye toward the future, the Faulkton Area Economic Development Corporation recently broke ground on an industrial park east of town. The development board received over $380,000 in grant funding from the South Dakota Board of Economic Development to help with the project. The 32-acre industrial park located east of Faulkton on U.S. Highway 212 will be divided up into 11 lots, four of which have already been claimed by a business from outside the area.

Faulkton AED also received funds from the Governor’s Office of Economic Development to help start a Revolving Loan Fund to help new and existing businesses grow in the area.

Learn more about this exciting project.