As many as 700 jobs are expected to be created at the new facility.
DPD is planning to build a new distribution hub in the midlands.
The country's largest parcel delivery company's headquarters is currently based in Athlone.
The company has confirmed plans to build a second hub in the region within the next two years, which would provide them with enough storage capacity for the next ten years.
Chief Executive Des Travers says he expects as many as 700 jobs could be created:
Gardaí Attend Scene Of Three Vehicle Crash
Colin Farrell Rumoured To Be Part Of Star Filled Production In Offaly
Offaly Athletics Club Pushing To Raise €400k For New Olympic Sized Track
Offaly Community Hopeful Of Town Hall Reopening By 2030
Hospital Parking Charges Rise By Over €10m
Road Haulage Association Calls For Fuel Support Extension
Plans Submitted For New Off-Licence And Pizzeria In Laois
Offaly Community Campaigning For Waterway Intervention