HARROLD, S.D. (AP) – A group planning to build a pulse crop processing plant in Harrold is just $30,000 shy of raising the $2 million from investors that was its maximum target.
South Dakota Pulse Processors planned to raise $1.5 million to $2 million by May 1 to build the plant in Harrold. The Capital Journal reports that the project surpassed the $1.5 million mark in late February.
Mat Chaudhry, an entrepreneur and food industry executive, is slated to lead the company. He will start as general manager and CEO on June 1.
The project will create up to 20 jobs.
Pulse crops such as lentils, field peas and chick peas are well suited to central South Dakota, where some farmers already include them in crop rotations.
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