Smithfield Foods has unveiled plans to relocate its historic pork processing plant from downtown Sioux Falls to a new state-of-the-art facility in the northern part of the city. The ambitious project is valued at over $1.3 billion and is supported by a significant $50 million gift from T. Denny Sanford to aid in redevelopment. This move aims to reshape the local economy and marks a transformative era for Sioux Falls as local residents and officials express both excitement and concern over the change. The new plant is set to replace the century-old facility and is expected to be operational by the end of 2028.