Wholesale butchers Malcolm Allan will press ahead with plans to relocate thanks to a Scottish Government grant.
More jobs could be created following the news the family owned business has taken a major step towards quitting its Tamfourhill base and moving to new premises at Central Business Park in Larbert.
The firm has been awarded just under £846,000 through the Food Processing, Marketing and Co-operation (FPMC) scheme.
The cash will help pay for the purchase of a new building and the upgrade and installation of state-of-the-art meat processing facilities.
Company director Gordon Allan said: “We are delighted with this award which will allow Malcolm Allan to press ahead with a major expansion of our operations.
“It creates further job opportunities as well as securing the long-term future of our existing 100 staff.”
He went on: “Without Scottish Government assistance these developments could not have progressed.
“In these challenging times this demonstration of support for the infrastructure of the industry will benefit all parts of the supply chain.”
A total of 32 firms have benefited from the latest round of grant-aid announced by the FPMC worth a total of £9 million to the food and drink industry.
Since it was launched in 2008 funding worth £38 million has been made available to move forward 159 Scottish projects.
Rural Affairs Secretary Richard Lochhead said: “Food and drink is one of Scotland’s greatest success stories thanks to our natural larder and high quality, delicious produce. This funding, announced during Scottish Food and Drink Fortnight, will benefit a wide range of small and medium-sized businesses across the country and support the creation of new jobs and further investment.”