State & Local News
Illinois Secures Hyundai Translead Manufacturing Investment
March 18, 2026
The State of Illinois announced on March 16, 2026, that Hyundai Translead will invest $450 million to establish two new trailer manufacturing facilities in Will County, Illinois. This project is expected to create approximately 2,500 new full-time jobs, reinforcing Illinois' position as a hub for advanced manufacturing. The investment is supported by state incentives and workforce development programs, highlighting a collaborative effort between government entities and private industry to drive regional economic growth and manufacturing capacity.
- This large-scale manufacturing investment signals significant procurement and contracting opportunities in trailer production and related supply chains within Illinois.
- Procurement professionals should note the involvement of multiple state and local agencies, including the Illinois Department of Commerce and Economic Opportunity and Will County economic development offices, which may offer partnership or subcontracting avenues.
- Contractors and suppliers specializing in manufacturing infrastructure, equipment, and workforce training services may find new business prospects aligned with this expansion.
- The project underscores the importance of state-level incentives and workforce programs in attracting major industrial investments, informing future procurement strategies and economic development initiatives.
We are proud to welcome Hyundai Translead to Illinois as a new manufacturer in our state. This investment represents a long-term commitment that will create 2,500 new jobs and opportunities for working families in Will County and beyond.
— Governor JB Pritzker
Our expansion to Illinois represents years of planning and a shared vision for long-term growth. This investment reflects our confidence and commitment to building products, workforce development, and partnerships that endure.
— Sean Kenney, Chief Executive Officer of Hyundai Translead
Hyundai Transleadโs investment is a powerful vote of confidence in Illinois and in the strength of our workforce. This investment creates good-paying jobs, drives economic growth, and opens new doors of opportunity for communities across our state.
— Lieutenant Governor Juliana Stratton
Agencies
State of Illinois, Illinois Department of Commerce and Economic Opportunity, Illinois Economic Development Corporation, Will County
Vendors
Hyundai Translead
Contracts
$450 million
Locations
Sources
- Gov. Pritzker Announces Hyundai Translead to Bring 2,500 Jobs to Illinois · Illinois State · Mar 18
- The State of Illinois Newsroom · IL · Mar 17