In the domestic aluminum industry, the extrusion process is a major process accounting for more than 40% of the total production. However, most domestic aluminum extrusion companies produce aluminum using old equipment that is more than 30 years old. Extrusion press is when the equipment is not replaced before the wear and breakage of major parts occur, reducing productivity and increasing the defect rate compared to new equipment. The old extrusion press often loses part drawings, so it is difficult to repair them properly on-site and to remanufacture them due to the lack of technical skills for maintenance. Therefore, a systematic remanufacturing plan must be designed from dismantling the equipment. In this study, remanufacturing FMEA was devised to remanufacture old extrusion press. The risk priority was analyzed by considering the degree of damage to the recycled parts, the cycle due to breakage/damage during the extrusion process, and the value of recycling resources due to remanufacturing. To standardize the remanufacturing process, remanufactured FMEA was performed through part analysis according to the structural analysis of the extrusion press. In addition, remanufacturing priorities were selected for each part, while remanufacturing itself was studied for efficiency of resource circulation and product quality stabilization.