Smithfield Announces Plans for New Facility in Sioux Falls

The meat processing company will relocate to a site near Crooks City with support from a $90 million TIF plan.

Published on Feb. 22, 2026

Got story updates? Submit your updates here. ›

Smithfield Foods has revealed plans to build a new state-of-the-art hog processing plant in Sioux Falls, South Dakota. The new facility will be located close to the Crooks City line at 471st Avenue and Highway 130. The Sioux Falls Development Foundation purchased four houses in the area to expand Foundation Park and make room for the new Smithfield plant.

Why it matters

The move demonstrates South Dakota's ongoing commitment to supporting the state's agriculture industry. The new Smithfield facility is expected to provide economic benefits to the region through job creation and investment in local infrastructure.

The details

Smithfield's new plant will be built with the help of a $90 million tax increment financing (TIF) plan that will be presented to the Sioux Falls City Council in March. The company says the facility will be a state-of-the-art hog processing plant that showcases the state's agricultural capabilities.

  • The Sioux Falls Development Foundation recently purchased four houses in the area to expand Foundation Park and make room for the new Smithfield plant.
  • Smithfield's $90 million TIF plan will be presented to the Sioux Falls City Council in March 2026.

The players

Smithfield Foods

A major meat processing company that is relocating its hog processing operations to a new facility in Sioux Falls, South Dakota.

Sioux Falls Development Foundation

A local economic development organization that purchased four houses to expand Foundation Park and make room for the new Smithfield plant.

Got photos? Submit your photos here. ›

What’s next

The Sioux Falls City Council will review and vote on the $90 million TIF plan to support the construction of the new Smithfield facility in March 2026.

The takeaway

Smithfield's decision to build a new state-of-the-art plant in Sioux Falls underscores South Dakota's ongoing efforts to support its thriving agriculture industry and attract major investments to the region.