http://www.argusleader.com/apps/pbcs...NEWS/707080318
Refinery, Sanford, mine lab could transform S.D.
Medical research, scientific industries offer immense economic jolt
By Jon Walker
jwalker@argusleader.com
Published: July 8, 2007
South Dakota, for years an economic underdog with its low population and geographic remoteness, is licking its chops over three blockbuster projects that may present a new form of prosperity.
The Sanford Health System announcement in February, the Hyperion oil refinery proposal in June and the Homestake science lab decision expected soon all stand to redefine how the state thinks of itself and does business with others.
The operative word so far is potential. Expansion of the Sioux Falls-based Sanford system has begun, riding the donations of philanthropist T. Denny Sanford, including his recent $400 million promise. But the other two are far from certain. Hyperion Resources, based in Texas, said the Elk Point area in South Dakota's southeast corner is on a list of potential sites for the nation's first oil refinery since 1976. And the Homestake lab proposal has been stuck in "any day now" mode while the National Science Foundation considers whether the abandoned Black Hills gold mine is the best place for subatomic research.
Still, to have three such projects on the table in less than six months, all with national or international consequences, is heady territory for a state that's routinely berated for its climate, brain drain and low wages.
"Just one of those has the potential to change the course of history for the state, let alone all three," said Dan Scott, president of the Sioux Falls Development Foundation. . . . (read more)
Go State!
Refinery, Sanford, mine lab could transform S.D.
Medical research, scientific industries offer immense economic jolt
By Jon Walker
jwalker@argusleader.com
Published: July 8, 2007
South Dakota, for years an economic underdog with its low population and geographic remoteness, is licking its chops over three blockbuster projects that may present a new form of prosperity.
The Sanford Health System announcement in February, the Hyperion oil refinery proposal in June and the Homestake science lab decision expected soon all stand to redefine how the state thinks of itself and does business with others.
The operative word so far is potential. Expansion of the Sioux Falls-based Sanford system has begun, riding the donations of philanthropist T. Denny Sanford, including his recent $400 million promise. But the other two are far from certain. Hyperion Resources, based in Texas, said the Elk Point area in South Dakota's southeast corner is on a list of potential sites for the nation's first oil refinery since 1976. And the Homestake lab proposal has been stuck in "any day now" mode while the National Science Foundation considers whether the abandoned Black Hills gold mine is the best place for subatomic research.
Still, to have three such projects on the table in less than six months, all with national or international consequences, is heady territory for a state that's routinely berated for its climate, brain drain and low wages.
"Just one of those has the potential to change the course of history for the state, let alone all three," said Dan Scott, president of the Sioux Falls Development Foundation. . . . (read more)
Go State!
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