Mail specialist DSTi Output is set to create 120 new jobs in the West Midlands with a £20 million-plus investment in a new state-of-the-art production site.
It isn't revealing where it is yet, only saying it is within 20 miles of the MG Rover site in Birmingham.
A spokesman said: "We cannot yet name the location because final negotiations are taking place. But it is not far from the MG Rover plant.
"Jobs at the new site, set for completion in mid 2006, are expected to provide a muchneeded boost to a region fighting to keep hold of its skilled workforce following the Rover collapse."
DSTi Output claims to be the UK's fastest growing onetoone transactional mail specialist. Transactional mail is things like bank statements and utility bills.
Tim Delahay, chief executive of DSTi Output, said: "Over the past 18 months, we have secured a number of new business wins and, in line with our strategic growth plans, it is important we establish a second major production site in the UK.
"We are finding that businesses are waking up to the fact that more can be done with their transactional mail and we've got the technology and expertise in place to deliver true one-to-one communications to an organisation's customer."
The new site comes on top of £10 million of spending in the company's current production facility in Bristol.
DSTi Output was created in 2002 when DST International acquired GE Capital's inhouse mailing centre.
The company is the international arm of US-based DST Systems, one of the world's largest software and output companies.