AGP Executive Report
Last update: 5 hours agoLocal Economic Development: Sioux Falls’ sales tax keeps climbing, with 2026 collections up 7.2% year-to-date (about $41.2M through May) as energy prices push inflation and city costs rise. Community Housing & Services: St. Francis House in Sioux Falls kicked off a capital campaign for its “Healing Home” expansion, aiming to relieve a waitlist of 200+ and add capacity for transitional housing and partner services. Business Expansion: Yankton City Commission will consider support for “The Yard,” a Thrive business incubator planned in the old Avera Yankton Care Center building, tied to an EDA grant. Construction & Jobs: JE Dunn announced it plans to acquire Henry Carlson Construction (Sioux Falls), expanding its South Dakota footprint and linking to a major men’s prison project. Corporate Restructuring: OTB Hospitality (On The Border) filed for Chapter 7 liquidation, though franchise locations in South Dakota and elsewhere continue operating independently. Energy & Research: DOE’s ARPA-E awarded $72M for critical minerals and magnet R&D, including projects involving South Dakota Mines and the University of Houston. Mining Advisory: NovaRed Mining hired former Gov. and DHS Secretary Kristi Noem as a strategic adviser for critical-mineral exploration. Food Safety: Power Plate Meals recalled about 5,700 pounds of frozen meatloaf products shipped to SD after soy was found undeclared on labels. Politics & Business Climate: A report on Toby Doeden’s business ties highlights how his property-tax elimination pitch connects to a large real estate and development portfolio.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.