With $3.2 billion in facility-specific investment and 1,400 permanent operating jobs announced, this project clears both of AFT's qualifying thresholds ($100 million in facility-specific investment OR 100 permanent operating jobs). This project also meets AFT's primary-source verification and physical U.S. manufacturing-footprint requirements.
View full methodology →The battery manufacturing context.
Battery manufacturing has become one of the largest concentrations of new industrial investment in the United States. A network of cell plants is taking shape across the Midwest and Southeast, connecting automakers, battery producers, critical-material suppliers and energy-storage markets. Federal production incentives have accelerated that build-out, while the next test will be whether announced capacity converts into sustained domestic production.
At a glance
- Company
- Stellantis & Samsung SDI (StarPlus)
- Industry
- Battery Manufacturing
- Location
- Kokomo, Indiana
- Investment
- $3.20B
- Permanent jobs announced
- 1,400
- Status
- Under Construction
- Announced
- May 24, 2022
- Expected opening
- Jan 1, 2025
- Added to tracker
- Apr 15, 2025
Official references
- Primary source https://news.samsungsdi.com/global/articleView?seq=24
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