Ryobi Die Casting USA Inc. invests $50 million in Mexico facility expansion to meet future demand in electric vehicle market
Ryobi Die Casting USA Inc. announced plans to invest $50 million in expanding its aluminum die casting facility in Irapuato, Mexico. The expansion project will create 124 new jobs and is aimed at increasing capacity to meet future demand in the electric vehicle market.
Ryobi’s President and COO, Ryan Willhelm, expressed that this expansion is a significant milestone for the company in North America and is a testimony to the high-quality work done by the employees in Irapuato as automotive suppliers. Construction on the expansion is set to begin next month and is projected to be completed by April 2025.
The facility currently employs 724 people and will add 91,500 square feet of space to accommodate five new high-pressure die cast machines. Ryobi Die Casting USA Inc., a subsidiary of Ryobi Limited in Japan, focuses on manufacturing aluminum die castings for the automotive industry. In addition to its Mexico facility, the company also operates a 1 million square foot manufacturing space in Shelbyville. The last expansion at the Shelbyville campus occurred in 2016, where $100 million was invested to purchase and equip a new facility adjacent to the main manufacturing plant, adding 150 jobs.
