Hyundai Translead to invest $450M in Joliet trailer plants, creating 2,500 jobs

  • 3/17/2026

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Chicago Business Journal

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Highlights
Hyundai Translead will invest more than $450 million in two Joliet trailer manufacturing facilities.
The project will create 2,500 jobs with production beginning in the first half of 2027.
Illinois will provide $69 million in tax incentives through the Economic Development for a Growing Economy program.

Hyundai Motor Group
Chad Shahin | Senior Group Manager, Real Estate & Facilities Operations, Hyundai North America

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