Developing The Dakotas
SD Wheat Growers Assn - McLaughlin SD

Location: McLaughlin, SD
NMTC Allocation Utilized: $9.4 M
Total Project Cost: $11.4 M
Date Closed: February 15, 2007

South Dakota Wheat Growers, a cooperative owned by several thousand agricultural producers in North and South Dakota, has invested $11.4 million in a wheat processing and grain shipping upgrade at the McLaughlin location of the South Dakota Wheat Growers cooperative, located on the Standing Rock Indian Reservation. Improvements made at South Dakota Wheat Growers' McLaughlin elevator have allowed it to meet changing product specifications and capture profitability for the producers in the area. The facility improvements expanded and enhanced the process of segregating, blending and preserving identity of grain prior to shipment. These changes also provided producer-owners in the area with faster grain dumping. With the ability to load 110-car shuttle trains, member-owners in both Dakotas received very competitive prices for their grain because of Wheat Growers ability to obtain better shipping rates.

South Dakota Wheat Growers - McLaughlin Terminal

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"Wheat Growers has been a part of the McLaughlin community for many years. With the improvements made possible by the New Markets Tax Credit, we will continue to serve farmer and rancher needs in this area," said Dale Locken, Wheat Growers CEO. "We anticipate the additional truck traffic to the area will help stimulate other local businesses in the communities, add to the tax base in the county and create additional employment opportunities."
To learn more about Dakotas America LLC or the New Market Tax Credit program, phone 605-978-2804 or e-mail investment@dakotasamerica.com