Georgia sets $1.5B in aid for Rivian
Monday’s industrial deal largest in state’s history
ATLANTA – The state of Georgia and local governments will give Rivian Automotive $1.5 billion of incentives to build a 7,500-job, $5 billion electric vehicle plant east of Atlanta, according to documents the company and state signed Monday.
Georgia Economic Development Commissioner Pat Wilson said the size of the package reflects the largest single industrial announcement in Georgia history, including a pledge that the company will reach the full investment and job targets by the end of 2028, with jobs paying an average of $56,000 a year, plus benefits. The state also hopes Rivian will anchor an entire electric vehicle industry.
“It’s absolutely appropriate because they’re creating more jobs,” Wilson said.
It is, by far, the largest incentive package Georgia has ever offered to a company. It’s also the largest incentive package any American state has ever given to an auto plant, said Greg Leroy, executive director of Good Jobs First, a group skeptical of subsidies to private companies.
“This is very significant,” Leroy said. “It’s the biggest auto assembly subsidy package in U.S. history.”
Rivian, based in Irvine, California, is a startup manufacturer of electric trucks and commercial delivery vans, challenging both established automakers like Ford and General Motors and electric vehicle leader Tesla.
“The long-term economic partnership promises to deliver value to Rivian, the people of Georgia and their kids’ kids’ kids,” the company said in a statement
The plant has been beset by fierce local opposition from residents who say development on the 2,000-acre site will spoil their rural quality of life. The site, between Social Circle and Rutledge, is about 45 miles east of downtown Atlanta.
The state took over planning and zoning for the project after opponents overwhelmed Morgan County officials. Residents have voiced concerns about possible well-water contamination, light pollution and the disruption of wildlife and farmland. Wilson said a site plan and other documents released Monday show Rivian responding to those concerns, shifting the plant away from wetlands and agreeing to limit light pollution.