Interstates Control Systems Expands Sioux Falls, South Dakota, Manufacturing Plant
05/16/2016
“We moved into the building we currently occupy in 2014, and our plan was to fill it over the course of five years. Three of our fastest growing teams are located in the Sioux Falls office; Control Systems Automation, Manufacturing IT, and our Business Intelligence group. We knew these would continue to be high growth areas for us and we were prepared to expand. What we weren’t prepared for was the rapid growth we’ve seen in just the two short years we’ve been in the new location,” said Scott Peterson, Interstates CEO.
“Sioux Falls has proven an ideal location for us to continue growing our innovative and highly technical workforce, and we’re excited to be a part of the city’s growth. In fact, in order to accommodate our growth, we’ve had to relocate about a dozen people to the Zeal Center for Entrepreneurship office building next door as a short term solution,” he added.
Dean Dziedzic, Vice President, Sioux Falls Development Foundation said, “Interstates Control Systems is exactly the kind of dynamic, fast-growing company Sioux Falls works to attract,” said Dziedzic. “Just two short years after acquiring the former DocuTap building from the Development Foundation, Interstates is doubling its employee base and growing its Sioux Falls operation with a $4 million expansion. We congratulate the whole team on their success.”
“Just two years ago, we celebrated with Interstates when it purchased its new Sioux Falls office. Today, we celebrate with them again and in a big way,” said Governor Dennis Daugaard. “An 18,000-square-foot expansion isn’t a small undertaking—especially when it also more than doubles the company’s workforce. We’re fortunate to be home to a company that values dependability, integrity, trust, quality and family—a perfect fit for South Dakota’s marketplace.”
As an incentive, the Board of Economic Development approved the company’s second Revolving Economic Development and Initiative Fund loan to finance its expansion project. In 2014 it approved an original loan to purchase the building it currently occupies.
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