Dak Pak to Location Operations in Sioux Falls-Woonsocket, South Dakota
07/09/2018
As an incentive the Board of Economic Development recently approved a $1.08 million REDI (Revolving Economic Development and Initiative) Fund loan to assist the firm.
Dak Pak’s affiliated company, Max One Nutrition LLC, dba Max Muscle Nutrition, specializes in manufacturing and selling active nutrition and supplements. The company will begin blending and packaging Max Muscle’s newest nutritional supplements later this year.
The company new owner, South Dakota entrepreneur Terry Wieting, chose The Woonsocket plant, known locally as the “McKenzie Building.” Wieting purchased the 144,000 square-foot building in Woonsocket earlier this year. According to state officials, monies from the REDI Fund loan will be used to renovate the interior of the facility and purchase the equipment necessary for blending and packaging supplements. The establishment of Dak Pak will help bring jobs back to the Woonsocket community after a local taxidermy company closed.
“I’m the type of person who seeks out business opportunities wherever I can,” Wieting said. “I’ve made it my mission to develop and grow businesses that bring people to South Dakota, with an ultimate goal of helping them succeed. I’d like to thank the Board of Economic Development and the Governor’s Office of Economic Development (GOED) for their assistance and partnership throughout this process. I’m hopeful we’ll see Woonsocket thrive in the years to come.”
“Terry is a South Dakota farm-raised, self-driven entrepreneur. His background in software development, including his agriculture app, ‘AgSense’ pioneered precision irrigation and remote management solutions for farmers around the globe. We’re pleased Terry chose to grow his entrepreneurial portfolio in South Dakota and this new business venture will likely prove to have an impact on global nutrition for years to come,” said Governor Dennis Daugaard.
Project Announcements
Kikkoman Foods Plans Jefferson, Wisconsin, Operations
04/26/2024
BWX Technologies Expands Cambridge, Ontario, Nuclear Production Operations
04/26/2024
Greenheck Group Plans Knoxville, Tennessee, Operations
04/26/2024
Local Bounti Plans Pasco, Washington, Indoor Agricultural Operations
04/26/2024
Innovative Construction Group Plans Siler City, North Carolina, Production Operations
04/26/2024
Crystal Window and Door Systems Plans Mansfield, Texas, Headquarters-Production Operations
04/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024