Fruitfield Reids Farm food hall has invested £5m in new premises at its site on the Armagh Road in Richhill.
The business was opened in 1998 by the Reid family. In recent years the business outgrew its old premises and has now relocated to a bigger site.
Part of the investment was funded by Danske Bank.
The company currently employs 70 staff.
Forty new jobs are being created in a family-run retail business in County Armagh.