Ryobi Die Casting is investing in its Shelbyville facility that potentially could grow to more than 1,000 employees in 2025.
On Monday at the City of Shelbyville’s Common Council meeting, Ryobi received a 10-year tax abatement on a $6.87 million purchase of new manufacturing equipment that will include a new die cast machine.
Ryobi, with its principal office at 800 W. Mausoleum Road in Shelbyville, develops and produces state-of-the-art cast aluminum parts for the automotive industry. Ryobi is a Tier I supplier to automakers located in North America.
The project, which is expected to add three employees at an average hourly rate of $24.56, is expected to be completed in the third quarter of 2024.
The Shelby County Post is a digital newspaper producing news, sports, obituaries and more without a pay wall or subscription needed.
South Bend man arrested by city police for driving without a license
Knox man arrested at Walmart Wednesday for PI and disorderly conduct
McDonald’s of greater Indiana honors veterans with free meals on Veterans Day
Coach Bob Knight Indiana Hoosiers Championship Bobblehead Series to celebrate 50th anniversary
Indiana State Fairgrounds announces expansion of Hoosier Lottery Stage, and partnership with MOKB Presents
U.S. Senator Young's statement on War Powers Resolution
M.C. Regional Sewer District cancels upcoming meeting
Plymouth Police Dept. to purchase new tasers
