Over 80 people are employed at the facility.
Irish food company Kepak is to invest €8m in upgrading its plant in Kilbeggan - in order to update the sites efficiency.
86 people are currently employed at the plant - with the site generating an estimated €110m annually for the local economy.
€2m from this investment comes from Enterprise Ireland's Capital Investment Scheme - and is part of a wider €28m investment nationally by Kepak.
Head of Agribusiness at the Kepak Group Mick O'Dowd says the investment will benefit farmers: