Economic and Industrial Development Watertown's economic outlook is bright. The city's industrial and business opportunities, coupled with a strong work force and ready access to transportation have helped make Watertown South Dakota's Rising Star. Wastewater treatment plant is undergoing both a renovation and an expansion. Development Assistance Focus Watertown works directly with companies wishing to expand or re-locate to the Watertown area. Personal assistance is given by the President and Board members to make your move to Watertown a positive experience.
Financial programs exist to support the creation of new primary jobs.
The state REDI fund, a low interest matching loan fund along with other state and local financial programs are available. The Focus Watertown staff will work with you to create a tailored project proposal designed to address your specific needs. Taxes and Utilities South Dakota has no corporate or individual income taxes. Watertown provides some of the lowest utility rates in the state and the region through its municipally owned utility company. Labor Force Watertown boasts a dedicated work force.