Food group Glanbia Ingredients Ireland is seeking planning permission for a €35m expansion to its Wexford cheese plant.
Glanbia said it hopes to double processing capacity at the facility, on the outskirts of Wexford town.
The company said the investment will secure the future of the plant’s 48 employees, as well as generating 60-70 jobs during the construction phase.
It will also sustain a large number of indirect jobs in the local economy.
Jim Bergin, chief executive of Glanbia Ingredients Ireland, said that the proposed investment is a tremendous vote of confidence in the staff at the Wexford plant, which produced record volumes of cheese in 2015.
"Our milk suppliers in Wexford are amongst the fastest growing and most progressive in the Glanbia catchment area," Mr Bergin added.
"This investment will also enable further growth in our highly popular Wexford Cheese brand, which is being marketed in Ireland, the UK, the USA and, most recently, the Middle East," he stated.