Indianapolis-based Yamaha Precision Propellers Inc. is celebrating plans for a new location in Greenfield. The company will today host a groundbreaking ceremony for the 54,000-square-foot facility.

The company said the facility will boost its efficiency and add jobs to the community, though a specific number was not provided. The new location spans 28 acres and aims to increase the company’s production capabilities.

The ceremony will begin at 9:00 a.m. at 1877 W. New Road in Greenfield.