Ryobi Limited ( [4];, ) is a Japanese manufacturer of components for automobiles, electronics, and telecommunications industries. It also sells printing equipment, power tools, and builders' hardware.[3] Ryobi Power Tools and Ryobi Outdoor Power Equipment are brands of Techtronic Industries, used under license from Ryobi Limited.
History
The Ryobi Seisakusho Co., Ltd., was founded in Japan in 1943 and began selling die-cast products in 1944. In 1961, the company began manufacturing offset printing presses and was listed on the Tokyo Stock Exchange. Ryobi began production of power tools in 1968. The company's name changed in 1973 to Ryobi, Ltd.[5]
Ryobi operates 12 manufacturing facilities across six countries. In 1985, Ryobi launched die casting production in Shelbyville, Indiana, its only manufacturing location in the United States.[5]