The company currently employs 180 staff across two U.S. manufacturing facilities.
Just over 30 jobs are on the way to the Midlands.
US Medical technology outfit G&F Precision Molding is creating 31 new jobs in Mullingar over the next five years.
The company, which employs 180 people across two manufacturing sites in the States, will establish a new European manufacturing and commercial operation at its Marlinstown site which will support engineering, sales, and prototype development.
The Mullingar plans will initially focus on engineering, sales, and prototype development.
By year three, the company plans to move to a larger facility in Westmeath to support further growth.
The news follows criticism from Laois TD Brian Stanley over the lack of attention the IDA is paying to his constituency after the announced closure of Leprino Cheese in Portlaoise.
Enterprise Minister and Longford-Westmeath TD Peter Burke says they are working to see what sector they can replace it with:
Gardaí Issue Public Appeal Over Missing Laois Teenager
Historic Offaly Castle Goes On Sale For Nearly €1 Million
Type 1 Diabetes Service At Westmeath Hospital Impacted By Staff Shortages
Midlands Counties Lead Ireland In Gigabit Fibre Broadband Coverage
Laois Woman Set Guinness World Record In Largest Ever Clarinet Orchestra
Tickets Slashed To €4 Across Midlands Cinemas This Weekend
Westmeath’s Belvedere Apple Takes Centre Stage At Weekend Festival
Questions Raised Over Possible Skunk Breeders In Midlands