The story
Founded by Yutaka Urakami on Dec 16, 1943.1
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.
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. Ryobi signed an official partnership deal with German football team Hertha Berlin in 2014. In 1991, Ryobi launched production in Carrickfergus, Northern Ireland.
Techtronic Industries (TTI) acquired Ryobi Limited's North American power tools business in August 2000.
In August 2001 TTI acquired Ryobi's European power tools business and in March 2002 TTI acquired two subsidiaries of Ryobi Limited, Ryobi Australia Pty. and Ryobi New Zealand Limited.
In 2018, Ryobi transferred the rest of power tools business (Japan, Asia, Latin America, Middle East and Africa markets) to the Kyocera Group.
From Wikipedia’s article on Ryobi, shared under CC BY-SA 4.0.4