JOLIET - Senate President Don Harmon and State Senator Rachel Ventura announced that Hyundai Translead is expanding its planned investment in Will County – creating a total of 3,750 new full-time jobs and investing $600 million. The State is also investing in a new Manufacturing Training Academy (MTA) at Joliet Junior College (JJC).
“This investment reflects confidence in Illinois and the opportunities our state offers businesses to build and grow,” said Harmon (D-Oak Park). “This project will create thousands of jobs for Illinois workers and build on Will County’s proud manufacturing tradition. It’s a great example of what we can accomplish when state and local partners work together to turn opportunity into lasting economic growth.”
Hyundai Translead’s two Will County facilities will bring new manufacturing operations to the former sites of Caterpillar’s heavy equipment operations and Lion Electric’s electric bus operations. A subsidiary of Hyundai Motor Company, Hyundai Translead, manufactures transportation equipment, including dry and refrigerated van trailers, flatbeds, truck bodies and dollies. The company’s new facilities in Illinois will focus on expanding its manufacturing footprint to better serve its customers with industry-leading commercial transportation products.
“Joliet is the heartbeat of industry in Will County and the state of Illinois, and this new Hyundai Translead facility will bring jobs and bolster economic growth in the 43rd District and surrounding communities,” said Ventura (D-Joliet). “This investment proves we are a premier manufacturing destination and demonstrates a commitment to fostering relationships that promote economic development in our communities.”
Guided by Illinois’ Economic Growth Plan, Senate Democrats have prioritized attracting major job creators to the state to expand opportunities for Illinois’ working families. Hyundai Translead’s investment further solidifies the state as a premier destination to locate or expand a business, with its robust infrastructure, strategic location, and top-ranked workforce – reinforcing why Site Selection Magazine has named Illinois #2 for corporate expansion and relocations for four years in a row.
