Archer Aviation selects site in Georgia for eVTOL manufacturing facility
Green Car Congress
NOVEMBER 15, 2022
Archer intends to invest $118M over the next 10 years and will receive an incentive package totaling 33% of its capital investment commitment, which includes land conveyance, tax incentives and Georgia REBA grant. Archer has entered into an LOI with Synovus Bank, the largest bank headquartered in Georgia, with the intent of obtaining financing to support the project. Archer will receive an incentive package, which includes land conveyance, tax incentives and Georgia REBA grant.
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