Every Logisim project is actually a library of circuits. In its simplest form, each project has only one circuit (called "main" by default), but it is easy to add more: Select Add Circuit... from the Project menu, and type any name you like for the new circuit you want to create.
Suppose we want to build a 1x2 multiplexer named "1x2 MUX." After adding the circuit, Logisim will look like this.
After editing the circuit to appear like a 1x2 multiplexer, we might end up with the following circuit.
Next: Using subcircuits.