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Hyundai Translead Signs 1.4 MSF Industrial Lease in Joliet, Illinois

Summary by REBusinessOnline
JOLIET, ILL. — Hyundai Translead, a subsidiary of Hyundai Motor Co., has signed a 1.4 million-square-foot lease in Joliet. Industrial Realty Group LLC (IRG) owns the property, which was formerly Caterpillar’s main plant. In addition to the Joliet facility, Hyundai Translead will also move into a second Will County location at the former Lion Electric site. The two expansions will collectively create approximately 2,500 new full-time jobs and rep…
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REBusinessOnline broke the news on Friday, April 10, 2026.
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