PIC USA has started work on a swine facility in Campbell County, S.D. southeast of Mound City.
The Tennessee based company is a world leader in swine genetics and will produce breeding stock at the facility.
The company hopes to have hogs on site this fall, and be fully operational in a year, says Ralph Hanson, Campbell County economic development coordinator.
PIC USA will employ 44 full-time and 10 part-time people. The new jobs will have an annual payroll of about $2 million. At full capacity, the facility will contribute an estimated $200,000 of additional tax revenue to Campbell County and have a total economic impact of more than $24 million, said Richard Benda, secretary of the South Dakota Department of Tourism and State Development, in a statement.
"We are especially pleased with today's announcement because not only does it bring development to our rural communities, it also creates the type of quality jobs that we are targeting in our agri-business and biotech campaigns," Benda said.
Hanson says that it's possible several new businesses, such as a new feed mill, will be started to serve PIC USA's.
Campbell County was selected for the facility because of nearby irrigated cropland, availability of land on which to spread manure and isolation from other swine operations, Hanson says.