Automotive emissions control systems manufacturer Faurecia Emissions Control Technologies (FECT) is planning to establish a new production facility in Columbus, Indiana.
The proposed 400,000ft2 facility will see around $61m in investment, in addition to creating 131 new jobs.
The company will earmark another $11.8m to lease the building, which will be used to produce a new line of emissions control systems for the automotive sector.
Faurecia will break ground on the project later this year.
Commenting on the facility, Indiana Governor Mike Pence said: "Indiana's robust manufacturing sector is one of the key drivers of our economy.
"To help this sector succeed in our state, we've worked hard to build a business-friendly environment, which includes the best workforce a company can have. Faurecia's decision to expand here in Indiana confirms the value our state offers businesses and reinforces the Hoosier State's status as an automotive manufacturing leader."
Faurecia will receive $1,500,000 in conditional tax credits from the Indiana Economic Development Corporation to back its job creation plans.
