South Dakota has a current gross state product of $39.8 billion and a per capita personal income of $38,865. The service industry is the largest economic contributor, followed by agriculture, government spending, and tourism. Significant industries include retail, finance, health care, meat packing, ethanol production, and trust funds. The state has a low poverty rate and unemployment rate, and it is recognized as one of the top states for business in the nation. The Black Hills region is a popular tourist destination, with attractions such as Mount Rushmore and the Sturgis Motorcycle Rally.
The state’s agriculture sector could benefit from the use of pumps. The agriculture industry, which includes crops such as corn, soybeans, and wheat, requires irrigation systems that use pumps to distribute water to fields. Additionally, livestock require water and also produce waste that needs to be managed, which could create demand for pumps in the agricultural sector.
Location: 27050 South Katie Road, Suite 100 Tea, SD 57064
Telephone: (605) 368-9797
Fax: (605) 368-9720
Website: https://www.powersystems-mn.com/
Founded in 1966 by Harley Bergren, Power Systems is dedicated to serving our customers with their power transmission needs. Today, Power Systems has grown to be the leading value-added fluid power distributor in the Upper-Midwest with four locations to better serve our customers.