An unknown automotive startup dubbed Rivian Automotive is on the verge of purchasing Mitsubishi’s former assembly plant in Normal, Illinois.
According to the Illinois Department of Commerce & Economic Opportunity, Rivian plans on investing up to $175 million by 2024 in the plant and could ultimately employ no less than 1,000 workers.
Little is known about Rivian other than the fact that it was founded in 2009 by current chief executive officer RJ Scaringe. The company asserts that it is developing sustainable mobility solutions and Automotive News reports that this could involve a vehicle being manufactured at the facility alongside other associated technologies.
Among Rivian’s staff include Lawrence Achram, a former Chrysler vice president as well as Larry Erickson, a former designer at General Motors and Ford.
Mitsubishi officially ended production at the plant in November last year and closed the facility in May. It was then sold to asset auction and liquidation service Maynards Industries in June.
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