Construction will begin by November on a boutique on-farm abattoir at Sondella, 125km north west of Moranbah.
The $27.9 million abattoir project has been developed by fourth-generation family cattle breeding operation Angus Pastoral Company and will supply their Signature Beef brand.
The Angus family also plans to offer service processing to other beef producers.
The company, headed by Blair and Josie Angus, runs 35,000 cattle across four Central Queensland properties with the new export-accredited facility to be capable of servicing up to 200 head of cattle a day.
More than 80 new jobs will be created, with support from the state government's Jobs and Regional Growth Fund.
Construction is expected to take 13 months and will include an on-site workers' village.
Mrs Angus said the facility would allow them to enter a new phase of their beef production business.
"It's been a big journey to get to this point," she said.
"The whole premise for us is about maximising the value for each animal we put through.
"I's also about bringing people back to the region and providing opportunities."
Agriculture minister Mark Furner said the company's success epitomises the hardworking spirit that defines Queenslanders.
"The expansion is a great example of the innovative job-creating projects that the Palaszczuk Government's Jobs and Regional Growth Fund is designed to assist," Mr Furner said.
"We are committed to ensuring the benefits from Queensland's continued economic growth are felt in regional and rural communities right across the state, not just in the big centres."