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Hyundai, Trump unveil $20B US investment days before Bryan County plant grand opening

  • Hyundai will invest $21 billion in the U.S., with $5.8 billion focused on manufacturing, as announced by President Donald Trump.
  • A new steel factory in Louisiana will produce over 2.7 million metric tons of steel annually and create more than 1,400 jobs, according to Trump.
  • Hyundai plans to enhance U.S. Automobile production and create over 100,000 job opportunities by 2028, as reported by Hyundai Motor Group.
  • White House Press Secretary Karoline Leavitt stated that the investment is a result of Trump's economic policies, stating that there will be more investments, more jobs, and more money in the pockets of hardworking Americans.
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La Presse broke the news in Montreal, Canada on Monday, March 24, 2025.
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