Toll NQX is moving its operations to the Gracemere Industrial Area, Rockhampton, with a purpose-built facility set to be up and running by mid-2014.
The move comes after nearly a year’s worth of negotiations with Rockhampton Regional Council, The Bulletin reported.
General manager Greg Smith said the facility will provide a growth opportunity for the company.
"The new facility allows room for future growth and more flexibility for our customers," Smith said.
"This is about getting current operations right and planning for continual growth.
"Gracemere offered a blank canvas.
"We have a willingness and ability to grow and Gracemere allows us to do that."
Toll employs 70 workers in Rockhampton, with all set to move to the new site.
Smith said employment would grow off the back of the new venture.
"The sky's the limit," he said.
Rockhampton Mayor Margaret Strelow welcome the announcement.
"We are delighted at the opportunity this move provides for Toll NQX to grow even stronger," she said.
Gracemere Industrial Park is 10 kilometres south-west of the current Port Curtis site, where Toll has operated since 1990.