South Dakota Board of Economic Development approves REDI loan for feed mill at Yankton
Jan 16, 2026
The South Dakota Board of Economic Development approved (Jan. 13, 2026) a REDI loan for the Yaggie’s Inc. expansion that totals $32.5 million in capital investment and will create four full-time jobs.
“This project highlights what drives South Dakota’s economy — responsible growth in agricu
lture and manufacturing,” said Governor Larry Rhoden. “Ag is king in South Dakota, and supporting producers, processors, and innovators keeps our state strong for generations to come.”
The board approved a $4 million SD Works loan for Yaggie’s Inc. of Yankton to support the company’s feed mill project. The project will provide a tenfold increase in production capacity and add warehouse space to the existing facility.
The project will replace manual weighing, mixing, and packaging of manufactured feed with automated processes. Employees will shift their focus to feed quality checks, inventory accuracy, and equipment monitoring rather than manual lifting and measuring of ingredients.
“When established companies invest and expand in South Dakota, it reinforces our workforce, supports strong communities, and drives sustainable economic growth statewide,” said GOED Commissioner Bill Even.
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