A 450-JOB factory is to be built in Ulverston for a booming undersea technology firm.
Tronic already employs 200 people at three sites in Ulverston.
But demand for its subsea electrical power and data connectors means up to 200 more jobs could be created over the next few years.
The Tronic tonic comes just as the town faces the loss of 330 jobs at the Glaxo drugs plant over the next two years.
Locally-founded Tronic is now owned by Aberdeen-based oilfield services group Expro, which says Ulverston is its Tronic products division.
Expro today said: “Work will start shortly on creating a new multi-million-pound base in Ulverston.
“The new facility is designed to cater for the predicted growth in the subsea market, and underlines the company’s commitment to South Lakeland.
“Around 260 people are currently employed across several Tronic sites in the Ulverston area.
“The ambitious move will allow the business to consolidate its operations in one location that has the capacity for more than 450 employees.”
The 45,000 square metre site will be built at the town’s Low Mill Business Park.
The two-storey facility will house the main production area, research, development and testing facilities and office support elements.
A second building will contain core moulding and machining facilities.
Ulverston mayor, Councillor Brenda Marr said: “This is very good news for the town.
“Obviously the more jobs we can bring into Ulverston the better because they often have a knock on effect with subsidiary industries following on.
“It can also improve trade in the town a great deal and of course it helps to put Ulverston on the map.
“Considering the amount of jobs that are going over two years at Glaxo we are hopeful this will help keep some of those skills in Ulverston.”