Manufacturer AE Aerospace has opened its new 16,500 sq ft factory in Birmingham.
The state-of-the-art facility was opened by the West Midlands Mayor Andy Street at an event to celebrate what the company is calling "a major milestone" in its 23-year history.
AE Aerospace supplies precision-machined components to the aerospace, marine, defence and advanced engineering markets and the factory move to Saltley was supported by investment from Funding Circle and Lloyds Bank.
The new premises is four times its previous home in the Highgate area of the city.
It has committed to creating 20 additional jobs and by the end of the year will employ 70 staff.
Managing director Peter Bruch said: "It was wonderful to see so many people attend our official factory opening and to have the mayor of the West Midlands help celebrate our achievements.
"It has been a momentous year for AE Aerospace as we start another chapter of our growth journey.
"We will continue investing in business improvement to stay ahead of the game and the new facility will prove key to reaching our goals."
Mr Street added: "The company is a shining example of the great work that Midland's SME manufacturers are achieving; proving that the right vision and the right investment can lead to great success."