Kokomo Contractors: Stellantis-Samsung's $6.3B Battery Plants Are the Biggest Build in Indiana, Check Your Rental Invoices

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 shows Indiana contractors on the StarPlus Energy build where United Rentals, Sunbelt, MacAllister, and EquipmentShare are charging above market.

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. Two massive plants building simultaneously creates concentrated demand and gives rental companies pricing power. Environmental fees, fuel surcharges, and standby charges can inflate your invoices 15-20% beyond quoted rates.

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.

Vendors we benchmark

  • United Rentals
  • Sunbelt Rentals
  • Herc Rentals
  • MacAllister Rentals (CAT)
  • EquipmentShare