ECONOMIC DEVELOPMENT

What has been an ongoing expansion of technology as a driving force of Rapid City, South Dakota’s economy has surpassed critical mass as Rapid City continues to elevate its standing in the arenas of talent, investment, and opportunity. In a post-pandemic world, where talent works from where it wants to live, the Black Hills are a magnet for entrepreneurs, the companies they build, and the talent that fuels them. In the past year, we’ve seen interest in job posts and investors from other parts of the country increase significantly as freedom, opportunity, and safety increased in value.

We have had success at recruiting talented people that are working at bigger companies that want to move back to Rapid City and/or remain in the area. We’ve also had success at recruiting retiring military folks from Ellsworth AFB that typically have 20+ years of experience and want to stay here.

Here at Phase Technologies we are lucky to live in an area that is attractive to candidates across the country. The Black Hills provide beauty, hiking, skiing, and our dining opportunities are rapidly expanding. As a rapidly growing company in the area, we find it is very easy to convince candidates to make the leap to Rapid City.

We have attracted people from all over the world for our project, and they actually say the quality of life is better here than anywhere they have lived. I believe in the talent pool that we have locally and have successfully recruited from outside the state. This is a place where I can get things done because of the accessibility to community leaders and ranking officials in Rapid City and the Black Hills. The combination of the work ethic and business-friendly climate at a local and state level makes Rapid City the ideal place to develop and grow here!