Oxford University Press will move into a new warehouse at Prologis Park, off the A6003, after announcing yesterday it is to shut its base in Corby.
It will bring 300 jobs with it and its expansion is expected to create more roles.
The company h
as been in Corby for 30 years.
Chief executive Nigel Portwood said: "This is an exciting opportunity for OUP and our local employees,
"We were keen to remain in the immediate area in order to retain our committed local workforce so I'm delighted that this has been possible.
"We reviewed several options, a few of which were in Corby itself, but ultimately the site nearby at Kettering gave us the exact requirements we were looking for.
"We've been in Corby for 29 years and have an excellent relationship with the local council who have been very supportive of our business here. We're looking forward to building similarly fruitful relationships in Kettering, and to taking our distribution service to the next level."
The OUP was founded in 1480 and is a department of Oxford University. The new site in Kettering will be its national distribution headquarters.
The new facility is expected to open in early 2011.
Kettering Council leader Jim Hakewill welcomed the move. He said: "I am naturally delighted that another unit at Prologis Park will be occupied by the OUP.
"They are clearly a prestigious company and the fact that they hope to expand is even better news for the local economy.
"The borough council's ambition is to build good relations with existing and future local businesses.
"I am sure a lot of people already commute from Kettering to the OUP in Corby and really this is good news for north Northamptonshire.
"The economies of Kettering, Wellingborough and Corby are very much dependent on each other and therefore the best news is that the OUP will stay in the north of the county."
Roy Dawes, 46, from Hall Close, Kettering, said; "I think it's good that a firm like the OUP is choosing Kettering.
"It makes a change from companies heading the other way."
