Hyundai Division to Reopen Two Joliet Factories, Creating 2,500 Jobs

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March 17, 2026 06:00 AM CDT

Hyundai Translead has announced a $450 million investment to revive two shuttered factories in Joliet, Illinois. The reopening of these facilities, previously operated by Caterpillar and Lion Electric, is expected to create approximately 2,500 new jobs in the area.

This significant investment aims to boost local employment and revitalize the manufacturing sector in Joliet. Hyundai Translead's move reflects confidence in the region's workforce and industrial potential.

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