Construction machinery maker JCB is to create 2,500 new jobs.
It will build new factories in Cheadle, Cheshire, and Uttoxeter in Staffordshire as part of a £150 million expansion.
The boost to output will also help create work at the company's components factories at Foston in Derbyshire and Wrexham.
The level of UK construction output is still lower than before the recession but JCB is a successful exporter to other countries.
Phillip Atkins, leader of Stoke City Council, said:
“Local people will benefit from more jobs at JCB sites but also thousands more jobs in the supply chain. That means more money in people’s pockets locally."
JCB sold its millionth vehicle this year.