CEDAR CITY (AP) -- City officials announced Monday that Cerro Copper, the world's leading manufacturer of copper tube, will build a manufacturing plant here.

Cerro Copper, a member of the Marmon Group of companies, will employ about 120 workers.The company will invest approximately $50 million in the plant, according to a company news release. Construction on the plant site will begin immediately.

Clark Krause, Iron County-Cedar City Economic Development Director, said the company expects to begin warehousing materials in Cedar City by the end of the year and begin production work within a year.

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Cedar City beat out Pocatello, Idaho and Flagstaff, Ariz., for the plant.

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