Smithfield Foods to Build $1.3 Billion Plant in Sioux Falls

Smithfield Foods Inc. has announced plans to construct a new $1.3 billion processing facility in Sioux Falls, South Dakota, set to replace its century-old plant currently located downtown. The new facility will be built on a 200-acre site in Foundation Park, an industrial area in northwest Sioux Falls, and is expected to be the most technologically advanced of its kind in the United States. Smithfield's CEO, Shane Smith, emphasized the necessity of this investment, stating, “We reached a point where we would have to either make significant renovations to our 100-year-old Sioux Falls facility or build a new plant.”

Smithfield Foods to build $1B+ plant as century-old site will redevelopPork Processor Plans $1.3 Billion Complex to Replace Historic Plant

The existing plant, which has operated since 1909 and was acquired by Smithfield in 1995, employs approximately 2,200 people and contributes around $200 million in annual payroll. The new facility aims to enhance operational efficiency and is projected to process about 20,000 hogs daily. The investment is contingent on securing necessary permits and regulatory approvals, with construction expected to begin in 2027 and operations potentially starting by late 2028.

Smithfield Foods to build $1B+ plant as century-old site will redevelop

Governor Larry Rhoden hailed the project as the largest business investment in South Dakota's history, stating, “Today is proof positive that South Dakota is open for opportunity.” The redevelopment of the existing site, facilitated by a $50 million donation from philanthropist Denny Sanford, will transition the area into community ownership, allowing for significant urban redevelopment. Mayor Paul TenHaken described the opportunity as “a once-in-a-generation” chance for the city, with plans to rename the area as The Sanford District.

Smithfield Foods to build $1B+ plant as century-old site will redevelop

Smithfield's investment aligns with its strategy to optimize value-added packaged meats and fresh pork operations. Shane Smith noted, “This highly automated facility will represent a major investment in Sioux Falls, the state of South Dakota and the future of American agriculture.” Both local officials and Smithfield executives have highlighted the project's potential to strengthen the regional agricultural economy and create new jobs.

Pork Processor Plans $1.3 Billion Complex to Replace Historic PlantSmithfield Foods to build $1B+ plant as century-old site will redevelop

While the announcement has been largely positive, some community members have expressed concerns regarding the potential environmental impacts of the new facility and the loss of the historic downtown site. Critics argue that the redevelopment should prioritize sustainable practices and community needs.

Smithfield Foods to build $1B+ plant as century-old site will redevelop

• “ It’s a “win-win solution” that creates “a generational redevelopment” possibility for the city, he said.” — Shane Smith, CEO of Smithfield Foods

Smithfield Foods to build $1B+ plant as century-old site will redevelop

• “We could have easily lost this plant.” — Paul TenHaken, Mayor of Sioux Falls

Smithfield Foods to build $1B+ plant as century-old site will redevelop

• “This highly automated facility will represent a major investment in Sioux Falls, the state of South Dakota and the future of American agriculture,” — Shane Smith, CEO of Smithfield Foods

Pork Processor Plans $1.3 Billion Complex to Replace Historic Plant

• “Today is proof positive that South Dakota is open for opportunity.” — Larry Rhoden, Governor of South Dakota

Smithfield Foods to build $1B+ plant as century-old site will redevelop

As the project moves forward, Smithfield Foods will begin the approval process for the new facility, with site work anticipated to start in spring 2026. The community will be closely monitoring developments as the company seeks to finalize plans and secure necessary approvals.

Pork Processor Plans $1.3 Billion Complex to Replace Historic Plant