Welsh Government Economy Minister Ken Skates has congratulated the company, which was supported with £60,000 from the Welsh Government.
It and means its general purpose drives for industry are now being designed and produced at Control Techniques’ site in Newtown.
Part of Nidec – the world’s biggest manufacturer of motors – the company has 383 staff in Newtown.
The production facility was transported by road and rail from China, part of the move to make1,200 drives every day in Newtown to meet global demand.
Welsh Government is also supporting the company and AMRC Cymru on a project aimed at productivity improvements.
Mr Skates said: “Control Techniques’ decision to move production to Newtown is very welcome at what continues to be an incredibly difficult time for our economy.
“The investment is a real show of confidence in its workforce and will not only safeguard jobs, but create new ones which is fantastic news.
“I am pleased the Welsh Government has been able to support the company and I look forward to seeing the company go from strength to strength in Mid Wales.”
Martyn Cray, for Control Techniques, said: “By successfully bringing production of our Commander drives back to Wales, we have proven there is both the expertise and capability to operate a project of this magnitude here in Wales. Our in-house operations and supply chain teams worked tirelessly to deliver the project, on time and within budget, and we can now look forward to substantial cost savings along with the creation of new employment here in Newtown.”