Mr. Rivas Gutiérrez prefers to continue with his jewelry business and decides to sell his small workshop. In response, his son expressed his interest in maintaining the workshop and decided to work in it, visualizing the potential for industrial growth.

The origin of the Company dates back to 1957, when a renowned jeweler from the City, Mr. Julio Rivas Gutiérrez, installed a small repair, adaptation and construction workshop for metal-mechanic parts in Manizales; one year later, he acquired machinery to work with pipes, wires, sheets and dies.

Mr. Rivas implements industrial electroplating processes, centrifuge equipment, current rectifier tanks for high quality electroplating baths and develops ring binders products.

As a complement to the ring binders, the first series production of plastic folders for CARVAJAL y CIA. LTDA and Danaranjo, thus creating the plastic manufacturing area.

Aware of the need to diversify production, the production of injected plastic parts is seen as a thriving business. For this, the first injection machines are acquired, expanding the product portfolio with customers such as Manisol, Hilos Cadena and Varta.

Product development to accommodate continuous forms for the Carvajal client, generating customer loyalty.

Starts production in the industrial sector of refrigerator components with injected products; for the customer Inarca, currently Mabe.

Given the growing demand for school and office products in rigid plastic sheets, it is essential to purchase more extruder machines for the production of such sheets.

School and office line continues to grow with new customers. Legis with its Keeperline and Keepermate lines allow the arrival to new markets.

To meet the needs of customers, new production processes such as hot stamping, high
frequency, screen and pad printing are implemented. During the same year, as a complementary process to the extrusion area, the thermoforming and routing area was born.

The Mabe partner-supplier relationship and the growing demand for the No-Frost line promote the expansion of the physical and industrial plant, an important fact for the generation of employment and business development in the city.

ISO 9001 Quality Certification is obtained: Design, manufacture and marketing of plastic products (Injected, Extruded, Manufactured); injection, thermoforming, extrusion and manufacturing services. Design, manufacture and marketing of molds for the plastic industry.

The company is projected towards other markets, the expansion process begins and land is purchased in the industrial zone La Enea, giving way to a new stage of Riduco.

The expansion of plant 2 is carried out and 9 injection machines are purchased, between 700 and 1600 tons, for the manufacture of 11 million plastic boxes for the launch of the new bottle by the customer Bavaria – Sab Miller.

Riduco ventures into the automotive sector, being selected among different companies in the Andean Region to be a supplier of Sofasa (Renault) in large plastic parts.

Certification ISO 16949 standard for the automotive industry: Manufacture of plastic parts for interiors and exteriors.

Strategic alliance with the Spanish Rinder Corporation for the production of lighting fixtures.

Riduco inaugurates the IN-House plant at the Renault assembly plant in Medellín.

New product for the agricultural market.

AUTHORIZED ECONOMIC OPERATOR QUALIFICATION to import and export in the category of security and facilitation.