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Smithfield Foods Moves: $1.3B Facility, 3,200 Jobs Ahead

2/26/2026

45 8 Full Breakdown

Summary

Story summary

Smithfield Foods will relocate its pork processing facility from downtown Sioux Falls to a new industrial park, funded by Denny Sanford (billionaire donor) with a $50 million donation.
The $1.3 billion facility will be larger and employ over 3,200 people.
City leaders created a $90 million tax increment financing district for a new wastewater facility, while environmental advocates warn river quality will not significantly improve.

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Story summary

Smithfield Foods will relocate its pork processing facility from downtown Sioux Falls to a new industrial park, funded by Denny Sanford (billionaire donor) with a $50 million donation.
The $1.3 billion facility will be larger and employ over 3,200 people.
City leaders created a $90 million tax increment financing district for a new wastewater facility, while environmental advocates warn river quality will not significantly improve.