
Associated Press - October 23, 2009 11:45 AM ET
RAPID CITY, S.D. (AP) - Officials say an Israeli arms company will open a plant in Rapid City sometime in the next year.
The Rapid City economic development partnership recruited the TDI Arms company and is offering a $50,000 grant for the move.
The company sells accessories for such weapons as AK-47 and M-16 rifles.
Gov. Mike Rounds said the state welcomes a new business and the creation of 19 new jobs.
Information from: KOTA-TV, http://www.kotatv.com
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