Nutritional supplement company in Woonsocket receives REDI Fund loan

SIOUX FALLS – Newly formed entity, Dak Pak, LLC, was approved earlier this month by the Board of Economic Development for a $1.08 million REDI (Revolving Economic Development and Initiative) Fund loan. Dak Pak’s affiliated company, Max One Nutrition LLC, dba Max Muscle Nutrition, specializes in manufacturing and selling active nutrition and supplements. Its new owner, South Dakota entrepreneur Terry Wieting, chose to relocate the headquarters to Sioux Falls, while simultaneously opening the new manufacturing plant, Dak Pak, in Woonsocket. The Woonsocket plant, known locally as the “McKenzie Building,” will begin blending and packaging Max Muscle’s newest nutritional supplements later this year.

“We’re pleased Terry chose to grow his entrepreneurial portfolio in South Dakota and this new business venture will likely prove to have an impact on global nutrition for years to come,” said Gov. Dennis Daugaard.

Wieting purchased the 144,000 square-foot building in Woonsocket earlier this year. Monies from the REDI Fund loan will be used to renovate the interior of the facility and purchase the equipment necessary for blending and packaging supplements. The establishment of Dak Pak will help bring jobs back to the Woonsocket community after a local taxidermy company closed.

“I’m the type of person who seeks out business opportunities wherever I can,” Wieting said. “I’d like to thank the Board of Economic Development and the Governor’s Office of Economic Development (GOED) for their assistance and partnership throughout this process. I’m hopeful we’ll see Woonsocket thrive in the years to come.”

Comments are closed.

  • Weather

    Woonsocket
    December 3, 2020, 10:56 am
    Partly sunny
    34°F
    real feel: 33°F
    humidity: 61%
    wind speed: 7 mph W
    wind gusts: 16 mph
     
  • Upcoming Events

    December 2020
    Sunday Monday Tuesday Wednesday Thursday Friday Saturday
    November 29, 2020 November 30, 2020 December 1, 2020 December 2, 2020 December 3, 2020 December 4, 2020 December 5, 2020
    December 6, 2020 December 7, 2020 December 8, 2020 December 9, 2020 December 10, 2020 December 11, 2020 December 12, 2020
    December 13, 2020 December 14, 2020 December 15, 2020 December 16, 2020 December 17, 2020 December 18, 2020 December 19, 2020
    December 20, 2020 December 21, 2020 December 22, 2020 December 23, 2020 December 24, 2020 December 25, 2020 December 26, 2020
    December 27, 2020 December 28, 2020 December 29, 2020 December 30, 2020 December 31, 2020 January 1, 2021 January 2, 2021
  • Recent Posts

  • Contact Us

    Ph/Fax: 605.796.4221
    Email: swj4221@icloud.com

    PO BOX 218
    Woonsocket, SD 57385
  • Archives