The investment is being described as another major boost for the area.
The IDA has announced a major €12 million investment at its industrial park in Mullingar.
The development agency is progressing with plans for an Advanced Building Solution Unit at Marlinstown.
Subject to planning permission, this would see a ready-made facility constructed so companies could relocate to the area without delay.
Junior Minister and Longford-Westmeath Fine Gael TD, Peter Burke says it's another boost for business in the area:
Minister Burke's government and constituency colleague, Robert Troy has also been welcoming the news.
The Fianna Fáil TD and Junior Minister himself for Trade Promotion said;
"As Minister of State in the Department of Enterprise, I worked to develop the new IDA strategy and was committed to ensuring this facility was part of the new plan launched early last year.
"I am pleased that momentum is gathering to establish this facility here.
"Given the constructive engagement in the lead up to the submission, I hope this plan will move to the next stage as soon as practicable and I will continue to work with all stakeholders to see this ABS facility is established without delay."
Midlands Man To Be Laid To Rest Today
Anti-Racism Funding Granted For Offaly And Westmeath Groups
Justice Minister Wants People To Come Forward Over Offaly Arson Attack
Gardaí Begin Murder Investigation After Child And Woman Dies In Offaly House Fire
Ashling Murphy Murder "Wrongly Accused" Granted Bail Over Theft Charge
Young Boy And Woman Killed In Offaly House Fire
Laois Makeup Artist Warns Of Expired Suncream Dangers
Lynx and Wolves In Ireland Pose Minimal Threat - Offaly Biodiversity
€4.5m Going To Midlands Suckler Farmers
Westmeath Writer Nominated Posthumously For Award
Seven Midlands Hotels Nominated For Gold Medal Hotel Awards
Cabinet Approves Major Expansion Of Midlands Garda HQ And Prison
Memorial Day Honouring Ashling Murphy Takes Place In Offaly
Midlands Town Left Shocked After Death Of Young Woman
Concerns Highlighted On Drones Spotted Ahead Of Zelenskyy Visit
€6m Westmeath Lotto Jackpot Winner Comes Forward
Israel’s Participation Sparks Eurovision Withdrawals From Ireland And Others
Teachers Union Calls For More Permanent Posts Amid Recruitment Challenges
Offaly Garda To Receive Bronze Medal And Bravery Award
Laois TD Questions Effectiveness Of Utilities Commission In Regulating Uisce Éireann