Ryobi to invest $50M expanding Mexico die casting factory

Ryobi Limited will invest $50 million to expand its RDCM factory in Irapuato, Mexico, adding 8,500 m² of floor space and five die casting machines to meet growing demand for EV parts in North America. Construction starts July 2024 with completion scheduled for April 2025.

“Through this capital expenditure, we aim to expand the factory building floor space by 8,500 m² to facilitate RDCM's ability to address growing demand for EV parts in North America.”ryobi-group.co.jp

• 1 source
• ryobi-group.co.jpRyobi to Expand Mexico-based Factory, Augmenting Its Casting Facilities | News | Ryobi LimitedJun 13, 2024

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