Tulip is to invest £16m in the expansion of its meat processing operations in Cornwall, with the creation of up to 250 jobs.
The company, which employs over 1,800 people at its operations in Bodmin, Bugle and Redruth, is a leading supplier to major supermarkets of quality pork, bacon and cooked meat products.
The plan will see Tulip and its owners, Danish Crown Group, make significant investments in de-boning facilities at its Bugle site, which will make it the largest de-boning facility in the country, as well as maintaining its existing capability to produce traditional cure and smoked pork products.
As well as the expansion of the Bugle facility, Tulip will be installing a new state of the art air drying and linear curing facility at its Redruth site that will see that business grow by around 40%.
Tulip said that subject to planning consent it hoped to start work on its expansion plans during the autumn of 2014 with completion of the project targeted for the first half of 2015.