Japanese firm Terumo BCT announces 416 new jobs in Larne
A factory in Larne, County Antrim, that makes medical devices is creating 416 new jobs.
Terumo BCT is owned by a Japanese-based company.
The announcement was made by First Minister Peter Robinson and Deputy First Minister Martin McGuinness during a visit to the plant on Wednesday morning.
The new jobs are being supported with over £2m from Invest NI.
Some of the money will help the factory branch out into research and development.
Mr Robinson said: "I welcome this announcement - the Larne facility is one of the most advanced of its type in Europe."
Mr McGuinness said: "As the global leaders return home after the G8 there can be no more fitting endorsement such as this by a global leader in the health care sector."
Nine months ago the town's economy suffered a major setback with FG Wilson shedding almost 800 jobs in Larne and at its other plants across Northern Ireland.
On Tuesday, Japanese Prime Minister Shinzo Abe mentioned the plans when he visited Titanic Belfast building.
Mr Abe hailed Northern Ireland as a "treasure trove of challenge, openness and innovation".
Northern Ireland's first and deputy first ministers are to visit Japan.
Mr Abe met Japanese businessmen working in Northern Ireland - his country's companies employ more than 2,000 people - after touring the Titanic visitor attraction.
"My administration's top priority is Japan's economic revitalisation," he said.
"Last week we announced Japan's revival strategy which laid out what I call comprehensive economic policies for economic revitalisation."
He added that he is determined to support Japanese companies expanding overseas.