State and local officials promised electric vehicle maker Rivian nearly $1.5 billion in tax breaks and other incentives to build a factory east of Atlanta, the most lucrative package of inducements Georgia has ever offered for what Gov. Brian Kemp calls the largest economic development project in state history.
The record package includes free land, a state-owned training center, a new interchange along I-20 between Social Circle and Rutledge and a bounty of local and state tax breaks.
In exchange, Rivian committed to create 7,500 jobs and transform a nearly 2,000-acre tract straddling Walton and Morgan counties, documents released Monday show. The signed agreement paves the way for site development to start this summer, state Economic Development Commissioner Pat Wilson said.