Stellantis-Samsung's $6.3B Battery Plants Are the Biggest Build in Indiana. See the Whole Rental Picture.
Stellantis and Samsung SDI are investing $6.3 billion in two EV battery plants in Kokomo, Indiana, the largest industrial investment in state history. Fluor Corporation is the GC, and the combined construction effort is transforming Kokomo's market. TrueRent helps companies get more value out of the way they already rent equipment.
Kokomo is a mid-size Indiana city that's now hosting one of the nation's largest active construction projects. Equipment is coming from Indianapolis and beyond. TrueRent keeps rental history, rates, fees and activity in one picture for field, purchasing and accounting.
Stellantis-Samsung SDI Battery Plant ($6.3B investment)
Two EV battery manufacturing facilities in Kokomo, Indiana. The first plant broke ground in 2023 with a $3.2B investment, and a second $3.1B plant was announced shortly after. Together they represent the largest industrial investment in Indiana history and will produce batteries for Stellantis electric vehicles.
Companies in the picture
- United Rentals
- Sunbelt Rentals
- Herc Rentals
- MacAllister Rentals (CAT)
- EquipmentShare