On Thursday afternoon, a pair of Rivian trucks pulled onto the Liberty Plaza grounds ahead of the news conference.
The Atlanta Journal-Constitution first reported last week Rivian and the governor would announce the deal Thursday, which is expected to bring roughly 7,500 manufacturing jobs to an approximately 2,000-acre site along I-20 in southern Walton and Morgan counties.
The plant would rank as one of Georgia’s largest-ever economic development projects, and could grow to include as many as 10,000 jobs over a span of several years.
The Rivian factory also would be the first automotive assembly facility in Georgia since Kia Motors announced in 2006 it would build a plant in West Point near the Alabama border.
Amazon, one of Rivian’s largest investors, has a deal to acquire 100,000 Rivian delivery vans by 2030.
Rivian also says it has 55,000 combined pre-orders for its luxury R1T pickup and R1S sports utility vehicle.
Rivian’s other early investors include T. Rowe Price and Ford Motor.
Cox Enterprises, owner of the AJC, owns a 4.7% stake in Rivian and supplies services to Rivian. Sandy Schwartz, a Cox executive who oversees the AJC, is on Rivian’s board of directors and holds stock personally. He does not take part in the AJC’s coverage of Rivian.