School of Mines Eyeing $20 Million Research Facility
RAPID CITY, S.D. (AP) — The South Dakota School of Mines & Technology has unveiled a plan for a $20 million research facility on the site of a former hotel in downtown Rapid City.
School President Heather Wilson shared the proposal with the state Board of Regents Tuesday. It's part of a $113 million package of projects that four state colleges have offered as a way to expand research on South Dakota campuses.
Wilson told the Rapid City Journal that there's no money yet for the proposed South Dakota Institute for Advanced Materials and Manufacturing. She says officials are drawing up a proposal for state lawmakers.
Wilson says the proposed institute could create hundreds of jobs for Mines students, help form more startup companies and lead to millions of dollars' worth of new research.
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