Rolls Royce Ramps Up US MTU Engine Build: Worth Buying the Stock?

Key Takeaways RYCEY is investing $75M to expand its Aiken, SC plant for MTU Series 4000 engine production. The move follows a $24M investment in MN to lift generator set output by 120% by 2026. RYCEY shares are up 88.8% YTD and trade at a discount of 34.93X forward P/E versus peers. Rolls-Royce Holdings Plc (RYCEY) recently revealed that it is investing $75 million to expand its Aiken, SC facility, to boost production of the MTU Series 4000 engines. The expansion includes new in-house machining capabiliti ...