Local

Aberdeen Development Corporation Not Involved In EB 5 With Northern Beef

Aberdeen Development Corporation Not Involved In EB 5 With Northern Beef

Federal authorities are investigating the financial dealings of the bankrupt Northern Beef Packing plant and the federal EB 5 immigrant investment program that supplied much of its funding. Aberdeen Development Corporation Executive Vice President Jim Barringer says his group which worked to get the beef plant in Aberdeen was not involved in the Eb 5 program.

Barringer says to his understanding, the beef plant did have foreign investors that investigators are likely looking at.

He says his group is hopeful that the bankrupt plant’s facility will eventually be sold to a new company and there has been interest shown by a group outside the state.

Recent Headlines

in Agriculture

Sioux Empire Fair Underway

Fresh
fair carnival

The Sioux Empire Fair is underway in Sioux Falls this week and organizers are expecting big crowds.

in Agriculture

Vilsack Announces Dollars for Rural Electric Projects

Fresh
electric poles

Ag Secretary Tom Vilsack has announced that $349 million is available for 15 rural electric infrastructure projects.

in Agriculture

Wind Energy Industry Praises Clean Energy Plan

Fresh
Wind Turbine

The Executive Director of South Dakota’s Wind Energy Association sees positive potential with President Obama’s Clean Energy Plan released on Monday.

in Agriculture

Farm Bureau Unhappy With New Clean Energy Plan

Fresh
F

The Environmental Protection Agency is one of the groups that is hailing President Obama’s Clean Energy Plan.

in Agriculture

Nebraska Farmer Named New Grains Council Chairman

Fresh
ethanol plant

Seward, Nebraska farmer, Alan Tiemann is the new chairman for U.S. Grains Council.