FMC Technologies, an oil and gas technology firm, is to create 240 new jobs in central scotland.
The US-based sub sea equipment and service business it to add 170 new jobs at the Bellshill plant and 70 new jobs at the Dunfermline facility.
Scottish Enterprise is supporting the move through a £2.5million Regional Selective Assistance grant.
John Gremp, president and chief executive of FMC, said: “Our development of technical capability and talent in Scotland is a result of our continuing relationship with the Scottish Government via Scottish Enterprise and Scottish Development International.
“We now look to our partners in industry and academia to continue to supply talent not only to our Scottish-based operations, but to our operations globally.”
Enterprise Minister Fergus Ewing, said: “This decision is testament to the quality and skills of our workforce in engineering and manufacturing.
“Scotland’s experience in subsea engineering, drilling and fabrication has seen many companies become vital players throughout the world.
“Investment in this area will continue to sustain innovative companies and thousands of jobs for years to come.”
The funding from Scottish Enterprise follows a £2.8 million grant awarded to FMC in 2009 which helped double the capacity of the subsea product centre in Bellshill.