80 jobs will be created in Wigton at a company that will produce the Bank of England's new five and ten pound notes.
Innovia Security will spend 20 million pounds on a new factory to make the bills in 2016.
The first new-style polymer-plastic five pound note will feature the face of Winston Churchill.
A year later the polymer ten pound note featuring Jane Austen will come into circulation.
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Gusty winds with sunshine and showers. A cooler night ahead
A look ahead at the weekend forecast for the Border region.
Four burglaries have taken place in Workington since the start of December - three of the properties were unlocked.