My Favorites
Add Page
Print
Share
You have 0 items saved in "My Favorites"
Use "My Favorites" to collect pages, downloads, properties, companies, and reports that you would like to keep in one place. To store a page, click on the "Add to My Favorites" button at the top of the page. To store a download, click on the plus button next to the download link. To store a property or company, click on the "Add to My Favorites" button listed next to each listing. Reports that are generated are automatically saved to My Favorites. My Favorites will be saved for seven days.

State Helps Counterpart, Inc. Expand in Brookings

 
Wednesday, Sept. 5, 2012
PIERRE, S.D. – Assisted by the Governor’s Office of Economic Development (GOED), Counterpart, Inc. breaks ground today on a 30,000-square-foot expansion of its manufacturing plant in Brookings.

Counterpart is an industrial metal fabrication company that produces parts and assemblies to meet the needs of the electronics, agribusiness, utility vehicle, polyethylene, and door and window industries.
This is Counterpart’s third expansion since it began doing business in 1996. The addition will give the company a total of 80,000-square-feet of manufacturing space.

“Counterpart, Inc. is a great example of a thriving South Dakota business,” said Gov. Dennis Daugaard. “I’m pleased that the company has partnered with GOED to continue growing in South Dakota.”

The firm obtained a Revolving Economic Development and Initiative (REDI) fund loan, an SBA 504 loan, a Workforce Development grant, and Dakota Seeds funding through GOED.

Don Deibert, Counterpart, Inc. president, said that it was necessary for the company to expand.

“Over the past few years, we have really diversified our operation and have become an engineering as well as a manufacturing facility,” Deibert said. “With customer demand so high, we need more room for our products.”

“Brookings Economic Development Corporation is extremely pleased that Counterpart, Inc. is expanding in Brookings. Counterpart is a key component of Brookings’ economic base, providing high-quality metal fabrication services to local industries, as well as exporting services and products beyond Brookings and South Dakota,” said Al Heuton, executive director of Brookings Economic Development Corporation. “The Counterpart team has done an excellent job building a quality company in all aspects of its manufacturing operation, from skilled employees to advanced manufacturing facilities.”

To learn about financing options available through the Governor’s Office of Economic Development, visit www.sdreadytowork.com/finance.

-30-

Problems with this page?
Click here to notify us.