The investment by FIAF is intended to reinforce Santangelo’s standing in the high-end leavened baked goods sector.
To reinforce its expansion efforts in North America, Eshbal has appointed Avi Markus as Chief Commercial Officer for the region.
Approximately 70% of the raw materials, including wheat for noodle production, are sourced locally.
The investment includes the launch of a new production line, which will boost its hourly output to 6 tons.
A new manufacturing line is set to be installed at the 150,000 square-foot Oakwood South Industrial Park facility.