115 new jobs are on the way at DairyGold in Mallow Co Cork.
400 temporary construction jobs will also come on stream as a result of the €83m investment by the company in a new dairy processing facility.
Taoiseach Enda Kenny is currently touring the facility in Mallow, where he will lay the foundation stone of the new plant.
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He will then travel to Mitchelstown for the official opening of the €33.5m upgrade of Dairygold's Castlefarm Dairy Processing Complex in the town.
Speaking to RedFM, Agriculture Minister Simon Coveney says it is a major vote of confidence in the region.