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State scales back SFC project commitments

Summary by KELO
PIERRE, S.D. (KELO) -- The state government panel that makes loans and grants to new and expanding businesses in South Dakota is restructuring its financial relationship with an international food corporation. Schedules set for Otter Tail, Xcel requests to raise rates The South Dakota Board of Economic Development on Friday approved a $15 million low-interest loan to SFC Global Supply Chain for the company's new operations in Sioux Falls. …

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KELOKELO
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State scales back SFC project commitments

PIERRE, S.D. (KELO) -- The state government panel that makes loans and grants to new and expanding businesses in South Dakota is restructuring its financial relationship with an international food corporation. Schedules set for Otter Tail, Xcel requests to raise rates The South Dakota Board of Economic Development on Friday approved a $15 million low-interest loan to SFC Global Supply Chain for the company's new operations in Sioux Falls. …

·Sioux Falls, United States
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KELO broke the news in Sioux Falls, United States on Friday, October 24, 2025.
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