diff --git a/src/industry_cmd.cpp b/src/industry_cmd.cpp
--- a/src/industry_cmd.cpp
+++ b/src/industry_cmd.cpp
@@ -2123,9 +2123,10 @@ CommandCost CmdIndustrySetFlags(DoComman
  * @param ind_id IndustryID
  * @param prod_level Production level.
  * @param show_news Show a news message on production change.
+ * @param custom_news Custom news message text.
  * @return Empty cost or an error.
  */
-CommandCost CmdIndustrySetProduction(DoCommandFlag flags, IndustryID ind_id, byte prod_level, bool show_news)
+CommandCost CmdIndustrySetProduction(DoCommandFlag flags, IndustryID ind_id, byte prod_level, bool show_news, const std::string &custom_news)
 {
 	if (_current_company != OWNER_DEITY) return CMD_ERROR;
 	if (prod_level < PRODLEVEL_MINIMUM || prod_level > PRODLEVEL_MAXIMUM) return CMD_ERROR;
@@ -2140,6 +2141,7 @@ CommandCost CmdIndustrySetProduction(DoC
 		} else if (prod_level < ind->prod_level) {
 			str = GetIndustrySpec(ind->type)->production_down_text;
 		}
+		if (prod_level != ind->prod_level && !custom_news.empty()) str = STR_NEWS_CUSTOM_ITEM;
 
 		ind->ctlflags |= INDCTL_EXTERNAL_PROD_LEVEL;
 		ind->prod_level = prod_level;
@@ -2156,14 +2158,18 @@ CommandCost CmdIndustrySetProduction(DoC
 			}
 
 			/* Set parameters of news string */
-			if (str > STR_LAST_STRINGID) {
+			NewsAllocatedData *data = nullptr;
+			if (str == STR_NEWS_CUSTOM_ITEM) {
+				NewsStringData *news = new NewsStringData(custom_news);
+				SetDParamStr(0, news->string);
+			} else if (str > STR_LAST_STRINGID) {
 				SetDParam(0, STR_TOWN_NAME);
 				SetDParam(1, ind->town->index);
 				SetDParam(2, GetIndustrySpec(ind->type)->name);
 			} else {
 				SetDParam(0, ind->index);
 			}
-			AddIndustryNewsItem(str, nt, ind->index);
+			AddIndustryNewsItem(str, nt, ind->index, data);
 		}
 	}
 
diff --git a/src/industry_cmd.h b/src/industry_cmd.h
--- a/src/industry_cmd.h
+++ b/src/industry_cmd.h
@@ -20,7 +20,7 @@ CommandCost CmdBuildIndustry(DoCommandFl
 CommandCost CmdIndustrySetFlags(DoCommandFlag flags, IndustryID ind_id, IndustryControlFlags ctlflags);
 CommandCost CmdIndustrySetExclusivity(DoCommandFlag flags, IndustryID ind_id, Owner company_id, bool consumer);
 CommandCost CmdIndustrySetText(DoCommandFlag flags, IndustryID ind_id, const std::string &text);
-CommandCost CmdIndustrySetProduction(DoCommandFlag flags, IndustryID ind_id, byte prod_level, bool show_news);
+CommandCost CmdIndustrySetProduction(DoCommandFlag flags, IndustryID ind_id, byte prod_level, bool show_news, const std::string &text);
 
 DEF_CMD_TRAIT(CMD_BUILD_INDUSTRY, CmdBuildIndustry, CMD_DEITY, CMDT_LANDSCAPE_CONSTRUCTION)
 DEF_CMD_TRAIT(CMD_INDUSTRY_SET_FLAGS, CmdIndustrySetFlags, CMD_DEITY, CMDT_OTHER_MANAGEMENT)
diff --git a/src/news_func.h b/src/news_func.h
--- a/src/news_func.h
+++ b/src/news_func.h
@@ -47,9 +47,9 @@ static inline void AddTileNewsItem(Strin
 	AddNewsItem(string, type, NF_NO_TRANSPARENT | NF_SHADE | NF_THIN, NR_TILE, static_cast<uint32_t>(tile), station == INVALID_STATION ? NR_NONE : NR_STATION, station, data);
 }
 
-static inline void AddIndustryNewsItem(StringID string, NewsType type, IndustryID industry)
+static inline void AddIndustryNewsItem(StringID string, NewsType type, IndustryID industry, const NewsAllocatedData *data = nullptr)
 {
-	AddNewsItem(string, type, NF_NO_TRANSPARENT | NF_SHADE | NF_THIN, NR_INDUSTRY, industry);
+	AddNewsItem(string, type, NF_NO_TRANSPARENT | NF_SHADE | NF_THIN, NR_INDUSTRY, industry, NR_NONE, UINT32_MAX, data);
 }
 
 void NewsLoop();
diff --git a/src/script/api/script_industry.cpp b/src/script/api/script_industry.cpp
--- a/src/script/api/script_industry.cpp
+++ b/src/script/api/script_industry.cpp
@@ -302,11 +302,13 @@
 	return i->prod_level;
 }
 
-/* static */ bool ScriptIndustry::SetProductionLevel(IndustryID industry_id, SQInteger prod_level, bool show_news)
+/* static */ bool ScriptIndustry::SetProductionLevel(IndustryID industry_id, SQInteger prod_level, bool show_news, Text *custom_news)
 {
+	CCountedPtr<Text> counter(custom_news);
+
 	EnforceDeityMode(false);
 	EnforcePrecondition(false, IsValidIndustry(industry_id));
 	EnforcePrecondition(false, prod_level >= PRODLEVEL_MINIMUM && prod_level <= PRODLEVEL_MAXIMUM);
 
-	return ScriptObject::Command<CMD_INDUSTRY_SET_PRODUCTION>::Do(industry_id, prod_level, show_news);
+	return ScriptObject::Command<CMD_INDUSTRY_SET_PRODUCTION>::Do(industry_id, prod_level, show_news, custom_news != nullptr ? custom_news->GetEncodedText() : std::string{});
 }
diff --git a/src/script/api/script_industry.hpp b/src/script/api/script_industry.hpp
--- a/src/script/api/script_industry.hpp
+++ b/src/script/api/script_industry.hpp
@@ -341,13 +341,14 @@ public:
 	 * @param industry_id The index of the industry.
 	 * @param prod_level The production level to set.
 	 * @param show_news If set to true and the production changed, generate a production change news message. If set to false, no news message is shown.
+	 * @param custom_news Custom news message text to override the default news text with. Pass null to use the default text. Only used if \c show_news is set to true.
 	 * @pre IsValidIndustry(industry_id).
 	 * @pre ScriptCompanyMode::IsDeity().
 	 * @pre prod_level >= 4 && prod_level <= 128.
 	 * @return True if the action succeeded.
 	 * @api -ai
 	 */
-	static bool SetProductionLevel(IndustryID industry_id, SQInteger prod_level, bool show_news);
+	static bool SetProductionLevel(IndustryID industry_id, SQInteger prod_level, bool show_news, Text *custom_news);
 };
 
 #endif /* SCRIPT_INDUSTRY_HPP */