EDGE Innovate is to undertake a £3.4m investment in the Co Tyrone town.
The new positions will range from skilled shop floor operatives to design engineers and international sales and marketing personnel, the company said.
Enterprise Minister Arlene Foster announced the jobs boost on Thursday.
"EDGE Innovate is a recently established company with plans to roll out an extensive expansion strategy over the next five years," the DUP minister said.
"The firm's focus on export marketing and new product development will help to enhance its position within the global marketplace and achieve the sizable export sales it has forecast over the next six months.
"EDGE Innovate operates within an important industry for Northern Ireland and its investment not only adds to Co Tyrone's international standing in the manufacturing sector but will provide skilled jobs across a range of positions in this rural an area of social need."
The company said its machinery is sold to customers throughout Europe, Asia, Africa, India, Australia, North & South America and Antarctica.
Invest NI has offered them support of £421,500.
Niall McKiver of EDGE Innovate said: "We have experienced encouraging sales in our first months of trading and aim to take advantage of the strong demand for our machinery across a range of export markets.
"Invest NI's support will accelerate our capital investment and the availability of the technical skills needed to quickly establish our market position and drive sales."