Home > Mining > Insight

Acquisitions and Expansions for Equipment Provider

Jorge Escamilla - RYASA
Operations Director, North Region

STORY INLINE POST

Wed, 10/19/2016 - 16:52

share it

Although RYASA’s initials stand for “bearings and accessories” in Spanish, today its scope goes far beyond bearings to cover all kinds of power transmission components, including belts, chains, sprockets, motors, and gear reducers to companies throughout the mining industry and other sectors. The company has expanded to own 50 branches across the country and has evolved into a holding group of power transmission-related companies, boosted by the 2012 merger with gearbox manufacturer Meusnier and the 2014 merger with Pirco, which specializes in building industrial equipment such as conveyors and travelling cranes. The company’s Operations Director, North Region, Jorge Escamilla, believes that the key to RYASA’s success across all the industries in which it works is diversification and turnkey services.

We work in cement, glass, and steel-making as well as mining, and the fact that we provide on-site maintenance and technical support to all our users in the form of consignment inventories is one of our main differentiators,” he explains. "Another crucial factor to our success is the diversification of our clients, which helps us minimize our risk.” The company offers a wide variety of products, and given its nationwide branch network, Escamilla shares that companies are seeking RYASA out to distribute their products because they are aware of the strength of its distribution chain.

In Mexico, Meusnier is an ISO 9001:2008 certified manufacturer and rebuilder of large-size gear reducers and components used on steel and sugar mills, as well as mines. “The manufacturer had the state of the art technology and engineering skills to produce, and RYASA had the sales force, contacts, and expertise to distribute their equipment throughout the country, so the merger made sense for both parties,” explains Escamilla. “RYASA acquired 50 percent of Meusnier, and so far this combination has brought success not only to the two companies but also to the mining industry in Mexico in general, which now has access to this vital technology that can significantly boost productivity and efficiency.” Pinion shafts, produced by Meusnier and used in most gear train assemblies, have seen increasing demand with RYASA clients in the mining industry due to the quality levels and the modern equipment in which they are now used, according to Escamilla.

He shares that the company will be expanding into Costa Rica in the next few months, and it has plans to be present in Panama before year end. “These two countries are attractive to RYASA because CEMEX, for whom we supply a variety of products in Mexico, has production plants in the locations, so we will be supplying there as well,” Escamilla reveals. “We aim to open branches in these two countries before 2017. In the next few years, it will also be essential to consolidate and streamline our business, as it has grown very rapidly in recent years.”

You May Like

Most popular

Newsletter