Hyundai Translead eyes $450M U.S. manufacturing expansion

URLhttps://www.fleetowner.com/equipment/article/55364
Sourcefleetowner.com
Date Published03/17/2026
Author NameKevin Jones

Additional Reshoring Information:

Company/Division name Hyundai Translead
Parent companyHyundai Motor Company
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):2500
Year reshoring announced:2026
Year reshoring implemented or to be implemented:2027
Domestically, the work will be done:In-house
Capital investment ($):450
Country(ies) from which reshored:Korea, South
City reshored to:Will County
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredtrailers
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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