Joe Fiala, partner relations director for the Governor's Office of Economic Development, speaks Sept. 21, 2023, at an Early Learner Summit in Brookings. (Makenzie Huber/South Dakota Searchlight)

State unveils $3 million grant program for community child care solutions

BY: - September 21, 2023

BROOKINGS — Child care is a workforce issue. Providers, business professionals and experts have been saying that for years. On Thursday, the Governor’s Office of Economic Development and the Department of Social Services announced a $3 million grant program to expand child care in the state. The Community Based Child Care Grant, which uses federal […]

An apartment building under construction on June 13, 2023, in eastern Rapid City. (Seth Tupper/South Dakota Searchlight)

Seven housing projects get boost from long-delayed infrastructure program

BY: - September 12, 2023

A state board signed off Monday on the first grant dollars from a $200 million housing infrastructure program that had been mired in controversy through two state legislative sessions. Box Elder was the big winner at the September meeting of the South Dakota Housing Development Authority, at which seven applications for infrastructure grants were reviewed […]

Photo of the Daktronics building in Brookings

Daktronics reports improving conditions since December stock plunge

BY: - March 8, 2023

A homegrown, publicly traded scoreboard manufacturing company in South Dakota reported improving business conditions Wednesday, three months after public disclosures from the company caused its stock price to plummet. Brookings-based Daktronics released a quarterly earnings report showing sales of $185 million, which was described as a company record for the third quarter. Daktronics Chairman, President […]

Photo of the Daktronics building in Brookings

Daktronics reports $13 million loss in second quarter

BY: - December 12, 2022

Brookings-based manufacturer Daktronics lost $13 million in the second quarter of its fiscal year, the company revealed Monday in a delayed earnings report. The company blamed supply chain problems and higher costs for materials, labor and freight. The company said it aggressively secured inventory to address supply chain volatility, and that approach consumed cash. “These […]

Photo of the Daktronics building in Brookings

Shareholder-rights firms circling as Daktronics postpones earnings report

BY: and - December 8, 2022

Multiple law firms specializing in shareholder rights are inviting affected investors to contact them after a regulatory filing raised concerns about the finances of Brookings-based Daktronics. Shares of the company tumbled after it announced Tuesday that it was postponing its earnings report and also rescheduling a conference call about the report to 10 a.m. Central […]