Sanford Underground Research Facility creates a visual economic impact
Through regional spending and job creation—both direct hires at Sanford Underground Research Facility (Sanford Lab) and jobs generated by large science projects on-site—Sanford Lab has created a ripple of impacts throughout the state.
The world-leading research taking place at the Sanford Lab gives scientists from a variety of disciplines a wealth of information about the universe, the geology of the region and life underground. But it also has a tremendous economic impact throughout the region and the State of South Dakota.
“The people of South Dakota are seeing an immense return on their investment in this facility,” said Mike Headley, executive director of Sanford Lab. “We are thrilled to be able to support the community and region that surrounds Sanford Lab.”
Through regional spending and job creation—both direct hires at Sanford Lab and jobs generated by large science projects on-site—Sanford Lab has created a ripple of impacts throughout the state.
A visual impact
In addition to heavily impacting the local area, Sanford Lab’s effects can be seen across the state. The graphic above details these impact dollars by 3-digit zip code in the State of South Dakota. Sanford Lab’s overall impact on South Dakota’s economy totals more than $201 million in spending since 2008 and includes a $28.1 million total annual budget.
A 2016 study, commissioned by Fermilab, found that the total economic output in South Dakota could reach $952 million and create approximately 1,800 jobs at the peak of construction operations.
These impacts are beginning to materialize with a contractual agreement with Kiewit-Alberici Joint Venture (KAJV). The construction management firm is laying the groundwork for the excavation and construction of LBNF. KAJV anticipates hiring as many as 100 people locally for this phase of the project. For more information about job opportunities with KAJV, visit https://kiewit.com/careers/
LBNF/DUNE has already impacted the economy of Lead with Fermilab’s South Dakota Division permanent office space and KAJV’s long-term lease to open offices in the downtown sector.
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