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Smithfield Foods has begun the approval process for a new $1.3 billion packaged meats and fresh pork processing facility in Sioux Falls, South Dakota. The proposed facility will be located in Foundation Park and is expected to replace the existing downtown plant, enhancing operational efficiency with advanced automation technology.

Construction is projected to start in spring 2026, with production anticipated by late 2028. This investment aims to bolster the regional economy and support local agriculture.