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Major Auto Maker Pledges $20 Billion for US - Heat Treat Today

Summary by heattreattoday.com
A major automaker announced a $20 billion investment in United States-based manufacturing. Hyundai‘s investment, which the automaker described as a pledge to increase localized production in the United States, will create over 1,000 jobs. As part of the pledge, the company will open a $5.8 billion steel plant in Louisiana. This near-shoring move by Hyundai is one among many automakers who are currently planning major U.S. investments, including …
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heattreattoday.com broke the news in on Monday, April 7, 2025.
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