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President’s Report: Forward Sioux Falls Powers Ahead

Posted on April 13, 2021April 14, 2021 by meganjansick

President’s Report

Forward Sioux Falls Powers Ahead

Since its inception in 1987 by the Sioux Falls Development Foundation and the Greater Sioux Falls Chamber of Commerce, the Forward Sioux Falls program has provided the mechanism and resources needed to address critical economic development projects in the region. Forward Sioux Falls 2026 continues that brilliant tradition and is off to a great start after the official kickoff last month.

FSF 2026 will continue the strong tradition of providing resources in addressing critical issues facing Sioux Falls and investors are lining up to be a part of the solution. Working from a strong foundation formed by FSF 2021 in developing Foundation Park and conducting the Strategic Workforce Action Agenda, the Development Foundation and the Chamber have designed the next five-year plan to achieve maximum benefit for the region.

Talent Attraction, Retention & Development

External Talent Recruitment
YPN Marketing, Talent Draft Day, Talent Tours, Talent Rebound, Cyber Recruitment
Internal Talent Development
Career Connections, Your Future STEM, Internships & Apprenticeships, Special Populations
Business Partnerships
Recruitment Council, WIN Summit, WIN Engagement Platform, Sioux Falls Thrive
Housing Partnership

Business Retention, Expansion & Attraction

Existing Industry Retention & Expansion
Comprehensive Marketing
Existing Industry, Targeted Industries
International Trade Programming
Foundation Park Support

Innovation & Entrepreneurship

Cyber/IT Park
USD Discovery District
Zeal Center for Entrepreneurship

Business Advocacy, Airport & Quality of Place

Innovation Center of Excellence – Leadership, Diversity, Equity & Inclusion
Advocacy & Policy Development
Future Sioux Falls Strategic Plan
Airport Marketing

Forward Sioux Falls is now in its public phase and we invite all Sioux Falls businesses to be a part of our future. Please contact Mike Lynch at ForwardSiouxFalls.com or 605-373-2008 to discuss your participation.

Contact Mike Lynch

Story by

Bob Mundt

President/CEO, Sioux Falls Development Foundation

bobm@siouxfalls.com

Forward Sioux Falls Launches Public Campaign

Posted on April 13, 2021April 13, 2021 by meganjansick

The public portion of the Forward Sioux Falls 2026 campaign is well underway, as over 130 volunteers have been assembled to broaden the reach of investors and augment economic and workforce development efforts over the next five years.

Co-chairs Dave Rozenboom (First PREMIER Bank), Dave Flicek (Avera McKennan Hospital and University Center) and Paul Hanson (Sanford Health), as well as Honorary co-chair Mayor Paul TenHaken have assembled a team of 39 community leaders to serve on the campaign cabinet.

A public campaign launch was held on February 23rd at Southeast Technical College, where the co-chairs conveyed both the initiatives that will be extended into the next program, as well as new initiatives that will help elevate the region’s economy.

Funding for the following core initiatives will be extended into Forward Sioux Falls 2026:

Talent development, attraction and retention
Business attraction, retention and expansion
SiouxFalls.com
Foundation Park
USD Discovery District
Zeal Center for Entrepreneurship
Sioux Empire Housing Partnership
Sioux Falls Thrive
YPN
Business Advocacy

40-person campaign cabinet

New Forward Sioux Falls 2026 initiatives include:

A Housing Fund will involve a partnership among the City of Sioux Falls, Sioux Empire Housing Partnership (SEHP), US Department of Housing and Urban Development (HUD) and others to create a fund and provide resources to address our workforce accessible housing needs.

Partnering with local businesses from a variety of industry sectors, Career Connections will provide high-potential at-risk high school juniors and seniors with a career exploration and mentorship opportunity and financial assistance for concurrent dual-credit course work to help them begin their post-secondary education and career journey.

Support for REACH to expand their workplace literacy program.

Partnering with Dakota State University, local tech companies and the City of Sioux Falls, Forward Sioux Falls will provide seed funding to create a visionary Cyber/IT Park in Sioux Falls.

The Innovation Center of Excellence, housed within the Greater Sioux Falls Chamber, will provide an opportunity for the public and private sectors to partner, collaborate and deliver innovative programming focused on diversity, equity, and inclusion. The Center will also support Next Level Leadership Academy, New Ideas, Think Tank, and others.

Funding for our next “Future Sioux Falls” Strategic Plan, a community-wide long-range vision and strategic planning process.

The campaign is scheduled to run through June and to date, over $10.4 million of the $15 million cash goal has been raised.

For More Campaign Information, Click Here

Sioux Metro Growth Alliance Hires Ryan Solberg, Launches New Service

Posted on April 8, 2021April 14, 2021 by meganjansick

The Board of Directors for Lincoln and Minnehaha County Economic Development Associations (LCEDA/MCEDA) approved a new service at their March board meeting. Starting in May, investor communities will be able to contract with the newly consolidated Sioux Metro Growth Alliance (SMGA) for economic development management services. This new service is designed to compliment the existing support offered by the SMGA and is available for an additional fee for investor communities.

How does this service work? An investor community economic development organization would contract with the SMGA to offer direct economic development management support. The SMGA would offer an economic development specialist to execute a pre-determined scope of services for the contracting entity. The contracting entity (economic development organization) would provide office space in their community for 10-20 hours per week and the SMGA would receive a management fee.

To provide this service, Ryan Solberg will be joining the SMGA as the Economic Development Specialist. As a Mitchell, SD native and Augustana University graduate, Solberg brings unique perspective thanks to past experience in the Planning and Development Services department at the City of Sioux Falls. Solberg most recently worked as a Loan Administrator at Builder Finance in Sioux Falls. The Lennox Area Development Corporation (LADC) has enlisted the SMGA in providing economic development management services. Solberg will work closely with the LADC to help them achieve their organizational goals and execute their economic development strategy.

If your economic development organization is interested in further assistance, contact Jesse Fonkert at jessef@siouxmetro.com for more information about this new, innovative service.

CJ Foods Selects Sioux Falls and Foundation Park

Posted on January 28, 2021April 13, 2021 by meganjansick

The Sioux Falls Development Foundation is very pleased to welcome CJ Foods USA, a global market leader in food production, to Foundation Park, Sioux Falls and South Dakota for their next major expansion. The announcement was made by the company on Monday, January 11.

“We are excited to continue working with them to finalize their project here in Sioux Falls,” said Bob Mundt, President & CEO of the Development Foundation. “This is the latest example of the vision that elected and community leaders had when they created Foundation Park in 2015 and the concept of a mega site for large scale development. We will continue to diversify our economy with clean, high tech manufacturing generating new high skilled living wage jobs in the region.”

The new facility will result in more than 600 new full-time jobs by 2025 and include automated state-of-the-art food production lines, a warehouse and distribution center, shipping and receiving docks, and office space. The project will represent an overall investment of nearly 500 hundred million dollars over the course of construction. Additional investments in the facility’s capabilities will be made as demand increases over the next several years.

Adding this world-class Asian food plant in South Dakota will help us lead the fast-growing Asian food category in North America and achieve our long-term growth plans.

Dimitrios Smyrnios, Executive Chairman of CJCJ Food, Americas and Schwan’s Company CEO

“This strategically important new investment represents an extremely exciting time for both CJ Foods and Schwan’s Company,” said Executive Chairman of CJCJ Food, Americas and Schwan’s Company CEO Dimitrios Smyrnios. “Adding this world-class Asian food plant in South Dakota will help us lead the fast-growing Asian food category in North America and achieve our long-term growth plans. Ultimately, this plant will meet the increasing needs of our retail and food-service customers by creating significant production capacity, fueling Asian food category growth, and enabling future innovation.”

To help facilitate the project, company leaders from CJ Foods and Schwan’s Company worked with state and local public agencies and officials in South Dakota, including: Gov. Kristi Noem; Governor’s Office of Economic Development Commissioner Steve Westra; Sioux Falls Mayor Paul TenHaken and Sioux Falls Development Foundation President & CEO Bob Mundt.

South Dakota is open for business, and we’re excited for this tremendous investment in our state.

Kristi Noem, South Dakota Governor

“South Dakota is open for business, and we’re excited for this tremendous investment in our state. The Sioux Falls community will benefit greatly from the new full-time jobs that this facility will provide,” said South Dakota Governor Kristi Noem. “I want to thank Dimitrios and everyone at CJ Foods and Schwan’s who worked with us to make this happen.”

More details about the specific products and brands that will be made at the facility, as well as renderings and more specific construction timelines, are expected to be shared this spring.

Business Executives Join Development Foundation Board

Posted on January 28, 2021April 13, 2021 by meganjansick

The Sioux Falls Development Foundation added four local business executives to the organization’s board of directors. Elected through a vote of the membership, the board members began their terms of service on January 1, 2021.

Newly elected members are Julie Lautt, Avera Health, Clark Meyer, Concrete Materials, Tony Nour, First PREMIER Bank and Keith Severson.

Our Board

Julie Lautt

Lautt is Chief Financial Officer for Avera Health. Named as Avera’s senior financial steward in 2020, she leads the Finance, Revenue Cycle and Information Technology (IT) divisions, Supply Chain Services and Managed Care Services. Lautt previously served as Vice President of Operational Finance. From 1999 to 2017, the USD graduate served Avera McKennan Hospital & University Health Center as Controller of Managed Hospitals, Vice President and Corporate Controller, Senior Vice President and Chief Financial Officer. Committed to community involvement, Lautt has served as chair of the Bishop O’Gorman Catholic Schools Board of Trustees, the Sioux Empire United Way Board of Directors and Sioux Falls Area CASA. She served as treasurer for the Ronald McDonald House Charities, an officer for the South Dakota Healthcare Financial Management Association (HFMA) and is a current member of the Principles and Practices Board for National HFMA. She also serves as board member for the USD Foundation Finance Committee.

Tony Nour

A native of Armour, SD, Nour is a graduate of Dakota State University and the University of South Dakota (MBA). Nour enjoys serving the community through board roles with Volunteers of America, Southeast Technical College and Sioux Falls Downtown Rotary, where he currently holds the position of Program Chair and President-Elect. He also serves on the South Dakota Bankers Association (SDBA) Legislative Committee and is currently Chair of the SDBA Emerging Leaders initiative. In his role as Senior Vice President – Relationship Banking, Nour is responsible for the overall growth, support and leadership of the Wealth Management, Private, Business, Retail, and Mortgage Banking teams in each of the markets First PREMIER Bank serves.

Clark Meyer

President of Sweetman Const. Co. doing business as Concrete Materials, Ellis & Eastern Company, and Rail to Road, Meyer has worked with the company since 1994. He started as a Computer Systems Manager and advanced to managing Aggregate Sales & Transportation. In 2005, he led the acquisition of the Harrisburg block plant and led the block division. He created the Hardscapes Outlet business model, and under his tenure, the block division grew to three block plants and six Hardscapes Outlet locations. In 2012, he created and became president of Rail to Road that specializes in transloading with five locations now. In 2016, he was named president of Ellis & Eastern Company, a shortline railroad. In 2017, the Ellis & Eastern acquired an adjacent railroad adding 41 miles to the network. In 2018, when Knife River Corporation, an MDU Resources Company, purchased all three companies, Clark was named President.

Keith Severson

A retired CPA, Severson remains active within the area serving various non-profit and community organizations. His professional career includes over 40 years in public accounting. He retired from Eide Bailly as a partner after having served a large concentration of clients in the construction, real estate and land development industries, and the wholesale and medical community. He is a former Board Member and Chairman of the Greater Sioux Falls Area Chamber of Commerce and continues to serve on their Community Appeals Committee and Issues Management Council. He is active in Downtown Rotary and a Forward Sioux Falls and United Way volunteer.

President’s Report: 2020 in Review

Posted on January 28, 2021April 13, 2021 by meganjansick

I’ve asked myself the question several times about how such a strange year could be such a good year. While the Development Foundation has experienced the same challenges as most in 2020, I have been proud of the way City, State, civic and business leadership has stepped up to the challenge. Despite the environment, many of our businesses and our city have seen significant growth and the Development Foundation has moved forward with several key initiatives while also responding to the business community and the challenges of COVID. While I certainly understand that several sectors of our economy including retail, restaurants and hospitality are still feeling the pain, I believe recovery and renewal is on the way.

In 2020 the Development Foundation continued to market, promote and develop Sioux Falls and has been successful in selling over 165 acres in our industrial parks, creating over 1,300 jobs and expanding the tax base of the region. Work continues on grading of additional land to create build-ready sites and working with our partners to finance and construct needed infrastructure. Our work with Corson Development Park has concluded and we now look to begin the development and build out of North Foundation Park. In addition, we have worked with our existing industries to assist with expansion plans and in accessing assistance through the PPP program, the CARES Act, and State programs to get through these difficult times.

Our talent and workforce development efforts continue as we have adapted to virtual recruitment strategies gaining access to over 80 universities, colleges and tech schools to recruit new talent. In addition, we have created a talent pipeline through STEM Initiatives in our area middle schools, Career Connection in our high schools, and various talent recruitment for our higher education contacts. Over 6,000 contacts have been engaged through our Talent Development programs connecting with over 80 businesses.

We will continue to respond to the needs of the business community in building Sioux Falls and look forward to a great 2021. Thank you to all our Forward Sioux Falls investors, Foundation members and community partners for making our progress possible. Your commitment is appreciated.

Story by:

Bob Mundt

President/CEO

Chairman’s Report: A Salute and A Vision

Posted on January 28, 2021April 13, 2021 by meganjansick

It is a great time to be taking the chair position with the Sioux Falls Development Foundation. Despite the challenges brought on by the COVID-19 pandemic, the decisions of past chairs, board members and Development Foundation leadership have set the table for our continued success. We have much to be proud of when reflecting on 2020, and we are in a position to capitalize on significant economic opportunities in 2021.

Thank you to Todd Ernst for his leadership as chair during 2020. The board and Foundation staff have had to respond to many unique challenges, and Todd was an excellent resource. Whether helping to shape office protocols related to the pandemic, overseeing personnel changes, or his continued management of our financial model, the Development Foundation would not be in the position of strength it is today without him.

Thank you also to Pam Hanneman, Paul Hanson and Jay Rasmussen, who retired from the board in December. These board members, along with Tom Kelley who we lost in October, helped guide the Development Foundation through an extremely exciting and somewhat risky time. They made the decision six years ago to move forward with Foundation Park and initiated one of the biggest and most complicated investments in our history coordinating with several partners and investors to provide what we have today. It is because of their vision and foresight that we have Foundation Park and are now seeing the product of their vision. Thank you to all board members, past and present, that have paved the way for where we are today.

As we move into 2021 with a focus on recovery and growth, the Foundation is poised for success and is laying the groundwork for next level development. Working with the City and our partners, we will expand our efforts to ready Foundation Park North and Sioux Empire Development Park VIII for new development and opportunities while focusing on our mission of job creation and property tax base expansion. Our workforce development efforts will continue to expand to meet the growing needs of our employers through the recruitment of professionals, skilled laborers, and production workers. New programs will strive to connect our employers with the employees they need, the resources needed to get them here, and will help accommodate them when they arrive.

I am predicting 2021 will be a great year for Sioux Falls and I look forward to leading the Development Foundation as we capitalize on our opportunities. As always, thank you for your membership in and support of the Foundation. We could not accomplish great things without you, and I sincerely appreciate your involvement and dedication.

I wish you all the best in 2021 and Happy New Year.

Pat Costello

Board Chairman

CJ Foods USA to Build World-Class Asian Food Production Facility in South Dakota

Posted on January 11, 2021April 13, 2021 by meganjansick

Major project to bring 600-plus new, full-time jobs to Sioux Falls, S.D.

(Los Angeles, Calif. — Jan. 11, 2021) CJ Foods USA Inc. (CJ Foods), a U.S.-based affiliate of global lifestyle company CJ CheilJedang (CJCJ), today announced its plans to build a new 700,000-square-foot Asian food production facility in Sioux Falls, S.D.

The new facility, planned for Foundation Park in Sioux Falls, will result in more than 600 new full-time jobs by 2025 and include automated state-of-the-art food production lines, a warehouse and distribution center, shipping and receiving docks, and office space. The project will represent an overall investment of several hundred million dollars over the course of construction and will be funded through operating cash flow. Further investments in the facility’s capabilities will be made as demand increases over the next several years.

All foods made at the production facility will be sold and distributed by CJ Foods and Schwan’s Company, a fellow U.S.-based affiliate of CJ Foods. Once complete, people working at the facility will focus on making a broad range of Asian-style meals, sides, snacks and appetizers in the shelf-stable and frozen categories. The new South Dakota facility will represent an expansion of CJCJ’s Asian food production capabilities in North America, with CJ Foods already operating five Asian-style food plants in California, Ohio, New York and New Jersey and Schwan’s Company operating two in Texas.

“We thank state and local officials in South Dakota for helping to bring this project to Sioux Falls. We look forward to building a long-lasting relationship that will be mutually beneficial for CJCJ’s family of businesses and the residents of South Dakota,” added Smyrnios.

This strategically important new investment represents an extremely exciting time for both CJ Foods and Schwan’s Company

Dimitrios Smyrnios, Executive Chairman of CJCJ Food, Americas and Schwan’s Company CEO

Investing in Asian Food Marketplace Growth

CJ Foods is investing in the new Asian-food facility to support it and Schwan’s Company’s growth initiatives in the retail and food-service markets in North America. The two companies offer several Asian-style brands in both the food-service and retail sectors, including Bibigo®, Pagoda®, Kahiki®, Minh® and Annie Chun’s® foods.

Asian food is extraordinarily popular in the United States alone, representing a more than $38 billion industry across retail stores and food-service venues, which includes 70,000 Asian-style restaurants. Worldwide, the cuisine’s popularity is growing rapidly as consumers increasingly embrace more global flavors. In a recent study by Technomic®, a leading consulting and research firm, 23 percent of global food consumers say they are preparing more global flavors at home than two years ago. This rate was at 39 percent with millennials, according to the study.

“The growth and popularity of Asian cuisine is something we expect to continue unabated over the coming years, especially as consumers have the opportunity to increasingly experience high-quality, authentic global foods when dining out or preparing meals at home,” said Smyrnios. “We are excited to work with our retail and food-service customers to expand the Asian food category and create great consumer experiences.”

Working with South Dakota Public Officials

To help facilitate the project, company leaders from CJ Foods and Schwan’s Company worked with state and local public agencies and officials in South Dakota, including: Gov. Kristi Noem; Governor’s Office of Economic Development (GOED) Commissioner Steve Westra; Sioux Falls Development Foundation CEO & President Bob Mundt; and Sioux Falls Mayor Paul TenHaken.

Groundbreaking Event in Sioux Falls Planned for Spring 2021

More details about the specific products and brands that will be made at the facility, as well as renderings and more specific construction timelines, are expected to be shared at an event at the Sioux Falls site of the future plant in the spring. Event attendees will include CJ Foods and Schwan’s Company leaders as well as South Dakota public officials.

Foundation Park

About CJ Foods

CJ Foods USA Inc. is a U.S. affiliate of global lifestyle company CJ CheilJedang. Since its opening in 1978, CJ Foods has quickly become a major manufacturer and distributor of Asian food products with a focus on Korean food. Through brands like Bibigo® and Annie Chun’s®, the company offers an extensive range of packaged food products, including dumplings, noodles and sauces. Backed by a global company with more than 60 years of experience in the food industry, CJ Foods’ mission is to drive awareness of Asian food, especially Korean food, and provide only the best quality products to U.S. households across the nation. To learn more about CJ Foods, visit www.cjfoods.com.

About Schwan’s Company

Based in Minnesota, Schwan’s Company is a leading U.S.-based manufacturer and marketer of quality foods offered through retail-grocery and food-service channels. Its many popular brands include Red Baron®, Tony’s®, Big Daddy’s®, Villa Prima™ and Freschetta® pizza, Mrs. Smith’s® and Edwards® desserts and Pagoda® Asian-style snacks. The company is an affiliate of global lifestyle company, CJ CheilJedang. To learn more about Schwan’s Company, visit www.schwanscompany.com.

About CJ CheilJedang

CJ CheilJedang is the core subsidiary in charge of the food and bio business sectors of the CJ Group. It has led the development of the Korean food industry for the past 60 years and contributed to the development of the bio industry as the nation’s top food company. Launched in 1953 as a food ingredient company, CJ CheilJedang has expanded its business to processed foods. CJ CheilJedang has achieved outstanding growth, quantitatively and qualitatively, in food processing and food ingredients in the food business sector, as well as in the bio business sector. The company is striving to go beyond being the No. 1 in Korea to becoming a global leader in each business sector. CJ CheilJedang will continue to grow and evolve in the food & bio sectors by practicing the spirit of OnlyOne and develop into a global lifestyle company. To learn more about CJCheilJedang, visit www.cj.co.kr.

Media Contact: Mike Smith, VP of PR & Communications, 507-537-8550, questions@schwans.com

Statement Regarding the CJ Foods Announcement

Build-Ready Sites

Posted on November 30, 2020April 13, 2021 by meganjansick

Foundation Park was announced in 2015 with a vision of attracting major industries of all sizes. Win Chill, LLC was the anchor tenant that landed in the spring of 2017. That specific land sale triggered necessary infrastructure of roads, rail, water, sewer, utilities, and fiber. In essence, the first phase of Foundation Park was off and running. The key to successful land development is the availability of build-ready sites that provide land parcels of all sizes with all the named infrastructure.

The 80-acre sale to Amazon was crucial in many ways, obviously the large capital investment and creation of 1,000 jobs, in addition the requirement to build out and finish an existing road in the park. The timing of this deal was quite advantageous because it coincided with a planned mass grading project to open more available sites. Ultimately, the Development Foundation was able to blend the grading of the road for the Amazon site with the overall grading plan. Once complete, the Development Foundation will open an additional 200+ acres of graded sites with all the infrastructure to each individual site, resulting in an abundance of build-ready sites.

As much as we desire to have build-ready sites, it certainly comes at a cost. This is the primary reason why we strategically plan our phased development and limit the amount of investment up front

Dean Dziedzic, Vice President of Economic Development

“As much as we desire to have build-ready sites, it certainly comes at a cost. This is the primary reason why we strategically plan our phased development and limit the amount of investment up front,” according to Dean Dziedzic, vice president of economic development. As mentioned, the Amazon sale and planned grading plan timing was perfect. “This large land sale to Amazon also offered the opportunity to apply for federal and state grants to offset some of the overall infrastructure cost”. The Development Foundation was appreciative and extremely fortunate to be awarded an Economic Development Administration, EDA, infrastructure grant of $1.9 million for the completion of Foundation Court. This road completes the loop in Foundation Park and will serve as a primary entrance and exit for Amazon’s truck activity. In addition, the Development Foundation also received a $200,000 Local Infrastructure Improvement Program, LIIP, grant from partners at the Governor’s Office of Economic Development. Again, these dollars will be beneficial in offsetting the remaining cost of the build out of Foundation Court.

In just a handful of years Foundation Park has gone from a vision to reality. City, State and Development Foundation leadership made some bold moves by believing and investing in a park that will change the landscape of industrial development for years to come. The ongoing activity and inquiries within Foundation Park is extremely brisk. The Development Foundation remains very confident that new projects will continue to land to help fulfill the organization’s mission of creating good paying jobs and strong economic development for the city, region, and state.

Buildings & Sites

Forward Sioux Falls Powers Ahead

Talent Attraction, Retention & Development

Business Retention, Expansion & Attraction

Innovation & Entrepreneurship

Business Advocacy, Airport & Quality of Place

Bob Mundt

Funding for the following core initiatives will be extended into Forward Sioux Falls 2026:

40-person campaign cabinet

New Forward Sioux Falls 2026 initiatives include:

Julie Lautt

Tony Nour

Clark Meyer

Keith Severson

Bob Mundt

Pat Costello

Sunnycrest Village Groundbreaking

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