Dublin Aerospace Group has taken over the former Flybe Maintenance Services facility at Exeter Airport in the UK and is to begin conducting aircraft maintenance there.
100 aircraft mechanics, engineers and aviation professionals are to be employed at the new facility.
"We are thrilled to have made Exeter the home of our first UK MRO (Maintenance Repair and Overhaul) Centre," said Conor McCarthy, chairman and chief executive of Dublin Aerospace Group.
"The availability of the hangars and workshops there, combined with a phenomenal pool of local aviation and engineering talent, makes this a hugely attractive location for us."
The development is the latest addition to the company's operations, which includes an aircraft overhaul facility in Dublin as well as a second plant in Meath.
Last week the firm revealed it was taking in a larger cohort of apprentices than previously this year, owing to increased demand for its services, despite the huge difficulties facing the air travel sector at present.
"Already, we have acquired all of the tooling and equipment we require for these aircraft types and have taken possession of the modern and purpose-built Exeter Hangars and Workshops," Mr McCarthy said.
"We are now in the process of applying for UK CAA and EASA (EU Aviation Safety Authority) approvals for Exeter Aerospace and have already commenced hiring our initial group of aerospace engineers and technicians."
The company plans to develop the Exeter facility so it has six overhaul bays.
It also expects to grow employment there in time as the aviation sector recovers.
