State agrees to $1.5 billion incentives package to land $5 billion Rivian plant

ATLANTA - Electric vehicle startup Rivian and state and local officials signed off Monday on a deal announced last December to build a $5 billion manufacturing plant in Morgan and Walton counties that will create 7,500 jobs.

In exchange for what Gov. Brian Kemp has touted as the biggest economic development project in Georgia history, state and local economic development agencies will dole out $1.5 billion in incentives including tax credits, a 25-year no-cost lease and $198.1 million in site and road improvements on 1,978 acres.