A thriving furniture business is to take over the former Carrington Wireworks at Lowfields.
The Decorative Panels Group is relocating two factories from Huddersfield into the 175,00 sq ft factory early next year - the biggest on site.
It will retain its current factory and head office at Lowfields.
Another factory in Teesside is unaffacted.
The group employs 320 with around 120 in its two Huddersfield sites at Oakes and Longwood and those staff will move with the business.
Chairman Steve Gaunt said the business was growing and he expected new jobs to be created in Elland going forward.
“We invest very heavily in machinery and a lot of new machinery will be going into the site and fairly new machinery will be relocated,” he said.
“It will be a state-of-the-art highly productive factory probably operating 90 hours a week.”
He said moving onto Lowfields 11 years ago was one of the best moves the firm had made.
“It gave us a purpose-built factory, very high efficiency, good access and no residential near us which is important with the amount of lorry movements.”
Mr Gaunt said the company could have relocated further afield and benefited from grants but keeping its workforce was a primary consideration and Lowfields was the best option.
The company operates three divisions - the current Elland factory produces laminated boards, the two Huddersfield factories make kitchen and bathroom packs and fascias and flatpack furniture is made in Cleveland, Teesside.
Machine tool maker Boxford, which employs 50, is also relocating to Elland later this year into a new factory at Dewsbury Road, Elland.