NORMAL, Ill. (WMBD) — Gov. JB Pritzker (D-Ill.) on Thursday announced a $827 million investment to expand Rivian’s facility in Normal to build its newest model.
The investment comes from the state’s REV Fund, an incentive program from the Department of Commerce and Economic Opportunity to bolster clean energy manufacturing in Illinois. The expansion is expected to cost $1.5 billion.
“I believe in the future of Rivian and the state of Illinois does too and we’re making investments to prove it,” said Pritzker.
Pritzker said the expansion will enable the Normal facility to become the sole producer of the electric vehicle’s newest model, R2, billed as a midsize SUV. It will also create at least 550 jobs.
“That package is built on long term commitments Rivian is making to our state, to provide the type of well-paying jobs and economic opportunity that…