_rivian-to-invest-361-5-billion-create-550-jobs-in-illinois-factory-expansion.jpg "Rivian to Invest $1.5 Billion, Create 550 Jobs in Illinois Factory Expansion from and paul game job Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:42
👁 View: 9.3M times
✓ Published: 04-May-2024
👁 View: 9.3M times
✓ Published: 04-May-2024
Description:
Rivian will invest $1.5 billion to expand its Normal, Illinois factory and add over 550 jobs to produce its new electric SUV. The expansion is backed by over $800 million in state incentives from Illinois' REV program over 30 years if targets are met. Rivian received over 68,000 pre-orders for the R2 in its first 24 hours on sale online. Producing the R2 in Normal will expedite its launch and save over $2 billion versus building a new plant in Georgia. The R2 is expected to start production in 2026 at the expanded 4 million sqft Normal factory alongside the R1 vehicles.
Rivian will invest $1.5 billion to expand its Normal, Illinois factory and add over 550 jobs to produce its new electric SUV. The expansion is backed by over $800 million in state incentives from Illinois' REV program over 30 years if targets are met. Rivian received over 68,000 pre-orders for the R2 in its first 24 hours on sale online. Producing the R2 in Normal will expedite its launch and save over $2 billion versus building a new plant in Georgia. The R2 is expected to start production in 2026 at the expanded 4 million sqft Normal factory alongside the R1 vehicles.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_when-games-become-a-job-the-grind.webp "Viva La Dirt League")
_premier-inn-owner-whitbread-to-cut-1500-jobs-at-struggling-restaurants-arm.webp "Premier Inn owner Whitbread is to cut 1,500 jobs at its restaurants as it converts food locations into hotel rooms or sell them, as the business increasingly becomes almost entirely a hotels company.The 282-year-old business announced its “accelerating growth plan” today after its latest financial results, which were driven by more strong performance from Premier Inn.But its food and beverage arm, which includes Beefeater, Bar + Block and Brewers Fare, did not match the same performance, with sales down 2%. As a result, Whitbread announced it would drastically scale back its food operations to become even more of a hotels business.")
_dan-and-phil-get-real-jobs-job-simulator-vr.webp "DanAndPhilGAMES")
_the-workplace-is-stacked-against-you-learn-how-to-play-the-game.webp "A Life After Layoff")
_i-drank-insect-juice-job-simulator.webp "Sam Tabor Gaming")
_i-shredded-all-the-money-job-simulator.webp "Sam Tabor Gaming")
_mike-tyson-on-taking-a-bite-out-of-the-cannabis-industry-124-forbes.webp "Mike Tyson, the former heavyweight champion and cannabis mogul (with ear-shaped gummies) tells Forbes how pot changed his life—and the secret weapon that will help him smoke Jake Paul in their fight.<br/><br/>While Iron Mike was prone to being his own hype man as a fighter, he’s not far off with his claims about his budding cannabis company. Tyson 2.0 sells marijuana products—including flower, vapes and edibles made in the shape of Evander Holyfield’s ear, which Tyson notoriously bit during a 1997 match—in 20 states across the U.S., and in Amsterdam, Barcelona and Thailand. The company, through a partnership with PHCANN International in Macedonia, is in the process of launching in Germany’s newly legalized adult-use market as well as the U.K.’s highly restrictive medical marijuana industry.<br/><br/>Tyson 2.0 works off a licensing model, cutting deals with franchisees who grow, manufacture, and sell his branded cannabis products. In 2023, the brand generated $150 million in revenue, Forbes estimates, with about 30% coming from cannabis sales and the rest from accessories, CBD, nicotine vaporizers and other products.<br/><br/>Tyson 2.0’s flower is branded with names drawn from his legendary boxing career, including Dynamite Cookies (his first nickname was Kid Dynamite) and Knockout OG (Tyson won 44 of his 50 boxing career wins by KO). But the company’s flagship product Mike Bites—the edible in the shape of Holyfield’s half-bitten ear—was developed by Tyson’s wife, Kiki.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/willyakowicz/2024/04/26/mike-tyson-on-becoming-a-heavy-hitter-in-weed/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_i-super-sized-everything-job-simulator.webp "Sam Tabor Gaming")
_when-games-become-a-job-the-grind.jpg)
_premier-inn-owner-whitbread-to-cut-1500-jobs-at-struggling-restaurants-arm.jpg)
_dan-and-phil-get-real-jobs-job-simulator-vr.jpg)
_the-workplace-is-stacked-against-you-learn-how-to-play-the-game.jpg)
_i-drank-insect-juice-job-simulator.jpg)
_i-shredded-all-the-money-job-simulator.jpg)
_mike-tyson-on-taking-a-bite-out-of-the-cannabis-industry-124-forbes.jpg)
_i-super-sized-everything-job-simulator.jpg)
![[+]](/images/menu.gif){kind=small}