A riser tensioner cylinder rod incorporates a thin, corrosion-resistant alloy tube over a pre-machined steel alloy rod. The tube is swedged at one end and expanded to the inner surface of a split die. A gradual tapered surface on a stretching die provides a smooth transition during a stretching process for the tube. A pressurizing vessel traps an outer lip of the pre-swedged tube. Pressurized fluid in the vessel simultaneously causes the tube to expand and force the rod into the tube inner diameter. At the completion of the process, the pressurizing vessel is removed. The stretched tube is parted off at both ends and the stretching die is removed from the rod to complete the assembly.