Meat processor ABP Perth has secured a £4 million funding boost from the Scottish Government.
The Food Processing, Marketing and Co-operation (FPMC) grant scheme will help contribute to a long-term investment into the company's infrastructure, which includes the construction and equipping of several new factory buildings, transforming the site into a world-class facility, and creating 80 new jobs.
Speaking during a visit to the site, Rural Economy Secretary Fergus Ewing said the Government aims to double the food and drink industry to £30 billion in the next 12 years.
"Today's investment in ABP Perth is part of a longer-term investment programme, which will help to fund major infrastructure projects - creating jobs and driving on the industry in Scotland," he said.
"Scotland's beef producers will benefit from the availability of processing facilities of the highest quality, and the project itself will be a boon to the local economy for many years to come."
Tom Kirwan, Managing Director of ABP's UK Division, said: "We look forward to beginning work and transforming Perth into one of the most modern facilities of its kind in the UK. The improvements will benefit everyone from our farmer suppliers through to our colleagues and the local economy. It will create 80 additional jobs on site and provide significant employment during the construction phase."
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