3M must be run by kids in wheelchairs:
3M announced Wednesday it will be expanding manufacturing capabilities in its Brookings facility later this fall thanks to the newly established Reinvestment Payment Program. 3M was the first company to receive approval under the program.
“I am pleased with 3M’s decision to expand within South Dakota,” said Gov. Dennis Daugaard. “The Reinvestment Payment Program and Workforce Development Program are two critical programs for the creation of permanent, full-time jobs and both play a valuable role in the continued growth of South Dakota’s economy.”
The Board of Economic Development approved a reinvestment payment of up to $234,000 to offset the sales and use tax paid on eligible equipment costs incurred during the project. In addition, the GOED will supply up to $17,000 in Workforce Development Program funds to assist with new employee training. The expansion is slated to create a total of 29 jobs [Governor's Office of Economic Development, press release, 2013.08.28].