Rivian’s $5 billion U.S. plant has Fort Worth, TX as frontrunner

Rivian’s second U.S manufacturing facility, which the company intends to spend $5 billion on, will most likely land in Fort Worth, Texas, as of now. Last evening during the Fort Worth City Council Work Study, a presentation from the Economic Development Department expanded on the economic benefits of the project, along with the most suitable location for the massive manufacturing facility.

Recently, Rivian confirmed that it plans to expand its manufacturing efforts with a second plant in the U.S. ahead of its first deliveries. The R1T pickup truck from Rivian is set to be delivered for the first time next month, but that hasn’t stopped the electric car company from already scoping out new sites that could potentially increase manufacturing figures and production numbers as the U.S. EV market continues to expand.

Rivian told Teslarati that the company “is in discussions with multiple locations as part of a competitive process for siting a second manufacturing facility. This may include Rivian being involved in certain public-facing processes at potential locations. Involvement in these processes does not indicate a final decision.”

Rivian plans to invest $5B on second US assembly plant

Rivian did not shed any light on what areas it was considering for the second plant, but new documents have been uncovered that reveal the company is likely to land on a 2,000-acre land plot in Fort Worth near Walsh Ranch.

The Economic Development Department presentation on the Rivian project was given by Rober Sturns, Director of the Department. In the presentation, Sturns gave a list of several advantages that the Rivian plant would provide for the region, including:

1,875 new jobs by 12/31/2025
3,750 new jobs by 12/31/2026
7,500 new jobs by 12/31/2027

All jobs would have average wages of $56,000 a year

Requires $5 billion private investment from Fort Worth

Paid back in 8.1 years

The plot of land is just west of downtown Fort Worth, according to images shared in the presentation. 12 miles from downtown Fort Worth would take employees or visitors directly to the intended plot of land that Rivian’s second U.S. manufacturing facility could eventually sit on.

The land plot would be able to house one of the most massive manufacturing facilities in the United States. In comparison to the 2,000-acre site that Rivian could utilize, Tesla’s Giga Texas plant sits on 2,481 acres and will have around 3.6 million square feet of manufacturing space, taking Kia’s West Point, Georgia manufacturing facility off of its post as the largest automotive assembly site in the United States.

It should be noted that Rivian has in no way committed to this area for the production plant. Documents obtained by Teslarati indicate that Rivian’s recent announcement of looking for an area for the second plant may have been a driving factor in the presentation, but it appears that Rivian and the Economic Development Department had an agreement, according to the documents.

Teslarati reached out to Sturns, who gave the presentation, but did not immediately receive a response.

What do you think? Let us know in the comments below, or be sure to email me at joey@teslarati.com or on Twitter @KlenderJoey.

The post Rivian’s $5 billion U.S. plant has Fort Worth, TX as frontrunner appeared first on TESLARATI.

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