Governor grants Mitchell $1 million for industrial park

By: John Hult

Outlets: South Dakota Searchlight

Published: July 31, 2026

Words: 340

Last Updated: 2 days, 21 hours ago

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South Dakota Gov. Larry Rhoden issued $1 million Friday from an economic development fund under his control to support an industrial and business park in Mitchell.

The money comes from the Future Fund, which is built up through fees submitted by employers when they pay taxes to support unemployment benefits.

The governor awards the dollars at his discretion, although a state law that took effect July 1 places new restrictions on the fund, …

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