Rivian is set to receive $16 million in state incentives from Illinois to support the construction of a new 1.2 million-square-foot supplier park adjacent to its EV manufacturing plant in Normal, Illinois.
The automaker will invest nearly $120 million in the project, which is projected to create 100 new jobs. Rivian’s investment was supported by a $16 million incentive package, which includes a Reimagining Energy and Vehicles (REV Illinois) tax incentive valued at $5 million over 20 years.
The supplier park will be a crucial component for producing the R2, the company’s upcoming two-row electric SUV. The park, currently under construction and scheduled for completion in 2026, will be connected to the main plant via an underground tunnel, facilitating efficient parts transfer without increasing local traffic.
“Rivian’s investment will attract suppliers from across the globe to invest in Illinois and continue to create good-paying jobs, providing Illinois with the competitive edge to thrive in the clean energy economy,” said Governor JB Pritzker.
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