Smithfield Packaged Meats facility project
South Dakota Department of AgricultureSouth Dakota- Detected
- Jul 8, 2026
- 121 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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THE 30-SECOND BRIEF
On June 10, 2026, the Board approved a Reinvestment Payment Program grant to Smithfield Packaged Meats Corporation up to $29,975,400, tied to eligible project costs up to $1,293,100,000. The payment can equal up to 100% of State Sales/Use Tax on eligible purchases for a new or expanded facility.
This implies a very large industrial facility investment, creating major demand for construction, processing equipment, utilities, automation, and related services as Smithfield executes the project under the program deadlines.
Reinvestment payment is based on actual tax paid on eligible project costs, up to the stated maximums.
From the meeting
- Meeting date
- July 8, 2026
- Agency
- South Dakota Department of Agriculture
Questions about this project
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When will South Dakota Department of Agriculture issue an RFP for this project?
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