Showplace Wood Products Expands Its Harrisburg, South Dakota, Manufacturing Plant
03/04/2014
As an incentive, the South Dakota Board of Economic Development approved the company for a Revolving Economic Development and Initiative Fund loan last month, a program that has been instrumental to the company’s growth and success over the years.
"The financial support received through the state's REDI Fund has been significant to growing our business, allowing us to contribute in positive ways to South Dakota’s economy," said Showplace Director of Marketing Scott Korsten. "We're proud to have fully-repaid all our previous REDI Fund loans and the employment goals made possible by those loans were exceeded. It's exciting and rewarding to again find it necessary to expand production capacity and add employees."
“The REDI Fund is designed to promote job growth in our state,” said Governor Dennis Daugaard. “Since Showplace Wood Products opened its doors in 1999, the company has utilized the REDI Fund program several times, creating hundreds of jobs in southeastern South Dakota.”
“It is great to see the impact local companies have as they grow and expand in our region,” said Nick Fosheim, executive director, Minnehaha County and Lincoln County Economic Development Associations. “We congratulate Showplace on its expansion and look forward to its continued success.”
Project Announcements
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Point Blank Enterprises Plans Wakulla County, Florida, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024