Junior Minister Robert Troy says it's a positive endorsement for the town.
60 jobs are being created by a global pharmaceutical company in Westmeath.
Mullingar is to become the home of Antylia Scientific's new Irish bio-processing centre.
The facility will be located at the National Science Park on the Dublin Road.
Local Fianna Fáil TD and Junior Business Minister, Robert Troy says it's great news for the town and the wider midlands region: