An abandoned factory in North Ayrshire is to re-open to produce aerosols, with more than 100 new jobs being created.
The former Simclar electronics site in Irvine has been taken over by Barony Universal Products which supplies canisters to international brands.
The company has an existing site at Auchinleck in East Ayrshire which also employs about 100 people, and will continue to operate.
Simclar closed both the Irvine factory and its Kilwinning operation in 2007.
A total of 420 jobs were lost, with axed workers staging protests over what they say was their "disgraceful" treatment by the company.
Barony said the re-opening of the Simclar site was part of a £14m investment which was intended to establish Scotland as the "European centre of excellence" for aerosol manufacturing.
The company, which has an annual turnover of £22m, said the move would allow it to double its existing workforce in Ayrshire.
Managing director Stewart Shaw said: "The acquisition of the new site will give us a perfect base for Barony Universal to expand in what is a highly competitive global market and make Scotland a centre of excellence for the industry."
Lilian Smith, an account manager at Scottish Enterprise, said Barony's move to the new premises was a "clear demonstration of the company's commitment to creating new jobs and securing existing ones."
Central Ayrshire MP Brian Donahoe said the announcement would bring "new jobs to an area which has had its share of employment problems".
He added: "These new jobs will help to replace ones that have been lost with new opportunities that will last for some time to come."