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VIP Wealth Hub
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Quant Fund
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New
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GUSD Minting
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Smithfield Foods to Build New Facility in South Dakota
Smithfield Foods plans to construct a new, highly automated packaged meats and fresh pork processing facility in Sioux Falls, South Dakota, with an estimated investment of up to $1.3 billion. This new facility will replace its century-old existing plant, aiming to boost efficiency and support the regional agricultural economy. Construction is projected to start in spring 2026 with production commencing by the end of 2028, pending regulatory and board approvals.