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South Dakota Governor Daugaard: Don’t kill business development fund

Gov. Dennis Daugaard and South Dakota legislative leaders, in three separate news conferences Thursday, celebrated Bel Brands USA’s decision to build a new $100 million cheese manufacturing plant in Brookings that could ultimately employ 400 people.

But the governor also had this warning: South Dakota’s ability to lure new companies and help existing ones expand could be hurt, and the state might be on the hook for millions of dollars in incentives to Bel Brands, if voters in November overturn a law passed by legislators last year.

Written by
Peter Harriman

Full Story: http://www.argusleader.com/article/20120203/NEWS/302030005/Daugaard-Don-t-kill-business-development-fund?odyssey=nav|head

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