The Infrastructure to Attract Industry
Wednesday, May 23, 2018
Industrial parks are a valuable recruitment tool. But acquiring a large property and establishing the requisite infrastructure to attract companies is a major undertaking, particularly for a rural area.
The people of Faulkton, South Dakota have long prioritized economic development.
According to Trevor Cramer, economic development director for the Faulkton Area Economic Development Corporation (FAEDC), the town has had the goal of building an industrial park since the 1980s. The main difficulty was finding a suitable property close to city limits.
A site one mile east of town with a conservation easement was eventually identified. FAEDC went through a 15-month process with the U.S. Fish and Wildlife Service to get the easement released so it could develop the property.
The 32-acre site industrial park east of Faulkton on U.S. Highway 212 was recently completed. It has 11 lots, one of which was just sold to Jensen Rock and Sand, a cement company with headquarters in Mobridge.
Jensen Rock and Sand had been looking to locate a plant in the area for some time. Cramer says FAEDC had the company in mind when it began the industrial park project. “We needed to get it done so they could come here. They’ve been patient,” he says.