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Rivian plans to add 550 jobs with an $827 million incentive package from Illinois

NORMAL, Ill. (WIFR/WEEK) – Illinois and Rivian Automotive executives are announcing a major plan to expand the electric vehicle maker's manufacturing facility in Normal.

Rivian says it will shift its focus to the R2 SUV model and create 550 full-time jobs over the next five years as part of a $1.5 billion investment in its Normal factory. The State of Illinois is supporting this investment with an $827 million, 30-year incentive package.

With the incentive package, Rivian says it will be able to produce 215,000 units per year and offer customers more choice of electric vehicles. The company says it chose Normal, Illinois, for its expansion with the state's support and strong workforce, infrastructure and access to suppliers. It is estimated that new workers will receive a minimum salary of $51,174, a 20% increase over the average wage for a similar workplace in McLean County.

“Normal is excited about Rivian’s continued growth in our community,” said Normal Mayor Chris Koos. “We appreciate the State of Illinois’ support for its plans to improve the economic landscape of our community. We look forward to a bright future based on innovation and collaboration.”

At the Rivian exhibition event in Uptown Normal, the R2, R3 and R3X models were presented to the public

The majority of state funding comes from Reimagining Energy and Vehicles, or REV tax credits, with a focus on workforce development. The incentive agreement provides for the preservation of at least 6,000 jobs over the entire term of the contract.

“We are taking a tremendous step forward – for our electric vehicle ecosystem, for our economy and for our state,” said Governor JB Pritzker. “This partnership brings significant investments in Illinois’ workforce – including an additional manufacturing academy, a dual-credit training program for high school students, and further support through the Employer Training Investment Program.”

Rivian will also receive $75 million in Invest in Illinois funds until an agreement is signed. The Invest in Illinois fund is designed to make Illinois more attractive to companies in competitive sectors such as clean energy.

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Anna Harden

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