Hyundai Motor Co. is the world's third-largest carmaker. Hyundai will announce a $20 billion investment in US on-shoring on March 24, which includes a $5 billion steel plant in Louisiana, the White House confirmed to CNN.
Mandatory Credit:	SeongJoon Cho/Bloomberg/Getty Images via CNN Newsource

Hyundai Motor Co. is the world's third-largest carmaker. Hyundai will announce a $20 billion investment in US on-shoring on March 24, which includes a $5 billion steel plant in Louisiana, the White House confirmed to CNN.
Mandatory Credit: SeongJoon Cho/Bloomberg/Getty Images via CNN Newsource

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Hyundai announces a $20 billion investment in the United States

South Korea-based Hyundai and President Donald Trump announced a $20 billion investment in US on-shoring on Monday, which includes a $5 billion steel plant in Louisiana, at the White House Monday.