Ryobi Die Casting has launched a $50-million capital investment program at its Irapauto, Mexico aluminum diecasting plant in Irapauto, Mexico, to expand capacity in anticipation of future demand for electric vehicle components.
The plant is one of two for Ryobi in North America. Ryobi Ltd. is one of the world’s largest aluminum diecasting organizations in the world, with 11 plants in six countries producing high pressure diecastings, as well as casting dies.
The expansion in Mexico – which is scheduled to start in June for completion in April 2025 – will add 91,500 square feet of manufacturing space for five new large high-pressure diecasting machines.
According to Ryobi, the increased production will add 124 new jobs at the plant.
“This marks another significant milestone for Ryobi in North America,” stated Ryan Willhelm, president and chief operating officer at Ryobi Die Casting (USA) Inc. “Ryobi’s decision to expand its operations in Irapuato is a testament to the hard-working men and women there who have earned a reputation for high quality work as an automotive supplier.
“This is a very exciting time for us and we are very pleased to be able grow together with our government and private sector partners in the state of Guanajuato,” Willhelm added.