Dune US Project Brings $4.3 Billion Economic Impact to Illinois and South Dakota by 2030

A company from Illinois has a significant economic impact on South Dakota due to a deep underground neutrino detector located at the Sanford Underground Research Facility in Lead. The detector catches particles fired almost a thousand miles away from Fermilab in Illinois. In 2022, the work on the neutrino experiment resulted in over $270 million in economic impact, supported or created more than 1,500 jobs, and increased total household income in South Dakota by over $98 million. Andrew Hime, Head of Business Transformation at Fermilab, mentioned that these numbers represent activities during the fiscal year associated with the project.

The LBNF Dune US project is a massive effort that involves numerous individuals working to create a space large enough to house the equipment in South Dakota. Ron Tay, Interim LBNF/DUNE Project Manager for DUNE U.S., explained that the project involved moving 800,000 tons of rock from a mile underground to the surface in Lead. This required a subcontractor with at least 40 people on-site at all times. The presence of people in Lead leads to increased tax revenue for the city and more business for local businesses.

The impact study only included data from 2022, but the impact is expected to grow in the future. Hime projected that the LBNF Dune US project will have a total economic impact of about $4.3 billion through fiscal year 30 and will sustain around 2,750 jobs per year on average. He believes that this impact will continue to grow through 2030, with a significant portion of that impact applying to South Dakota. The numbers mentioned represent the combined impact on both states, with South Dakota benefiting significantly as well.

The success of this project has brought about significant growth and development opportunities for both states and their respective communities. As such, it is important to continue supporting projects like this one that have such positive impacts on our economy and society as a whole.

Overall, this massive effort represents an impressive achievement for both Illinois and South Dakota and serves as an example of how collaboration between different states can lead to great outcomes for all involved parties.

In conclusion, The LBNF Dune US project has had an enormous economic impact on both Illinois and South Dakota since its commencement in 2016. With its ongoing operations until fiscal year 30 and beyond, we can expect even greater financial gains and job creation opportunities for both states.

As we move forward into an increasingly competitive global marketplace it’s important for governments across countries to invest heavily in research projects like this one that can bring together diverse groups of experts from different fields while creating jobs and generating revenue within local communities