Nebraska-based pork processor Wholestone Farms announced Monday that the company will be expanding into South Dakota with plans to build a $500 million pork harvest and processing facility.

The facility will be located in Sioux Falls and will employ about 1,100 people, according to a release. The new facility will be just a few miles from an existing Smithfield pork processing plant in the city, expanding the pork processing capacity in the region. 

"Wholestone Farms and its farmer-owners have a strong culture of corporate citizenship and with many of our members currently living and doing business in the area, we look forward to being a preferred employer and impactful participant in the Sioux Falls community," Luke Minion, the board chairman for Wholestone Farms, said in a release.

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The company — which was created in 2018 — is owned by 200 independent farmers that raise a combined total of 400,000 acres of cropland and 12 million pigs every year in the Midwest.

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