Dairy company Glanbia is to create 90 jobs in Dublin and Monaghan.
Jobs Minister Richard Bruton said the announcement, which will see 40 new positions in Monaghan by early 2014 and 50 skilled jobs in the capital, is a further example of growth in the food sector.
"Today's announcement that Glanbia is creating 90 jobs in Dublin and Monaghan is a major boost for the sector and further evidence of what can be achieved right across the country," Mr Bruton said.
"I wish Glanbia every success with these investments and commend Enterprise Ireland on their hard work in this area."
Mr Coveney said: "Developing an Irish-branded UHT product for the Chinese market is a really important, strategic move for both the company and the Irish dairy industry.
"I am also heartened to see the company set up its EMEA head office in Dublin for its performance nutrition business. This is a part of the dairy industry where Ireland and Glanbia are leaders."
Glanbia currently employs 2,000 people in Ireland - at its group innovation centre in Kilkenny and across numerous milk processing facilities, agri-mills and retail outlets throughout the South East.