Expanding Manufacturer in South Dakota: Benefits and Opportunities
South Dakota's business climate has been attracting companies of all sizes due to its pro-business environment, low taxes, and affordable costs of living. This welcoming environment has recently brought the attention of expanding manufacturers who aim to take advantage of the state's advantageous business landscape. In this blog post, we will discuss the benefits and opportunities that expanding manufacturers in South Dakota can enjoy.
1. Access to Talent
A well-trained and highly skilled workforce is the backbone of any successful business, and South Dakota has much to offer in this department. South Dakota has one of the lowest unemployment rates in the United States, and it is packed with highly disciplined and motivated workers. The state's workforce is composed of a mixture of skilled and semi-skilled workers from diverse industries, including agriculture, manufacturing, technology, and healthcare, among others. The state’s excellent community and technical college system provides additional training and education, ensuring that qualified workers are available to meet the needs of local businesses.
2. Excellent Transportation Infrastructure
South Dakota is strategically located in the heart of the United States, providing excellent access to shipping and transportation. Interstate highways I-90 and I-29 pass through the state, and it has several airports equipped to handle cargo and commercial needs. The state is served by major railroads, including Canadian Pacific, BNSF, and Union Pacific. These transportation options make it easy to move products and raw materials efficiently and cost-effectively.
3. Tax Incentives and Business-friendly Environment
South Dakota's pro-business environment is characterized by low taxes, fewer regulations, and a stable workforce. Business owners are continually offered incentives such as tax deferments and tax credits, making it easier to invest in expanding their businesses. The state's economic development teams are always keen to assist and facilitate business expansions.
4. Quality of Life
South Dakota has a high quality of life, and its affordable cost of living provides a perfect work-life balance. Accessible national parks, vibrant communities, and breathtaking landscapes make it an attractive place to live, work, and play for employees and their families. This is critical to attracting the best talent and reducing workforce turnover.
5. Build with confidence, trust Raeco Builders.
Raeco Builders has helped manufacturing plants of all sizes upgrade or expand their manufacturing facilities. Whether you are looking to increase production space, add to your manufacturing facility to make room for new machines, or you require more warehouse storage space, Raeco Builders can help!
RAECO BUILDERS MANUFACTURING EXPANSION SERVICES:
Ground-up new manufacturing plants
Manufacturing facility expansion and upgrades
Warehouse storage solutions for manufacturing industries
Building manufacturing plant build-outs such as conference rooms, offices, showrooms, training rooms, bathrooms, and more!
Offering technical and safety needs such as fire barriers and fire suppression systems
Out-of-the-box ideas for utilizing your space in the best way possible
There is no manufacturing project too big for Raeco Builders to handle! Raeco has completed manufacturing facility projects throughout South Dakota and the Midwest. Many manufacturers have trusted Raeco with their manufacturing expansions.
As you can see, South Dakota offers manufacturers an appealing environment to grow and reap the benefits of reducing costs while improving their economic outlook. The state's extensive infrastructure, highly skilled workforce, and business-friendly manner make it an ideal place for expanding manufacturing companies. Furthermore, the state's outstanding quality of life attracts professionals from various sectors, reducing the likelihood of workforce turnover. As an expanding manufacturer, South Dakota should undoubtedly be on the top of the list for expanding your business.
